Disney’s stock jumped 8% at market open on May 6, 2026, following a robust earnings report that revealed a profit of $1.57 per share. This came despite a 1% decline in attendance at Disney parks across the U.S. under the leadership of new CEO Josh D’Amaro.
The company reported $25.168 billion in revenue for Q2 2026, surpassing analyst expectations of $25.007 billion. Institutional investors took notice; during the last quarter alone, over 1,200 added shares to their portfolios. Yet, not all indicators were positive—Disney’s experiences division saw a drop in revenue to $9.5 billion, down from $10 billion in the previous quarter.
D’Amaro, who took over on March 18, is navigating a challenging landscape. The decline in park attendance was offset somewhat by increased customer spending—admissions and food purchases rose by 5%. As one analyst noted, “The decline was driven by a 1% decrease in attendance at its US parks, even as spending per customer on admissions, food, and merchandise increased.” But can D’Amaro turn this trend around?
In contrast, Disney’s streaming business thrived with a 13% increase in revenue during the same period. The entertainment division also performed well, contributing $11.72 billion to the overall revenue—a 10% increase year-over-year.
This mixed bag of results paints a complex picture for Disney going forward. While some analysts remain optimistic about the company’s ability to leverage its streaming success and potential partnerships—like those with OpenAI—others caution about the broader economic factors affecting consumer behavior.
The next steps for Disney will be closely watched as it seeks to stabilize its park operations while capitalizing on its growing streaming revenue. Observers note that the company is beginning to address international visitor traffic issues but remains wary of global economic uncertainties impacting consumers’ spending habits.