Disney (DIS) earnings Q3 2026
Disney reported mixed Q3 2026 financial results, with earnings beating expectations while revenue slightly missed targets. Growth was driven by strong performance in the parks and streaming segments, despite macroeconomic headwinds.
Why it matters
Disney's ability to maintain park attendance and streaming growth provides a key indicator of consumer spending resilience in the face of global economic uncertainty.
Disney posted mixed quarterly results on Wednesday, far surpassing Wall Street expectations for earnings while slightly missing estimates for revenue.
The company's quarterly results were once again lifted by its parks and streaming divisions.
Revenue for Disney's experiences segment, which includes global theme parks and cruises, was up 10% year over year to $9.97 billion. That growth came even as macroeconomic uncertainty continues to mount for consumers and appears to weigh on Disney's parks peers.
"Domestically we're doing extremely well right now," CFO Hugh Johnston told CNBC, noting that park attendance in the U.S. was up 3% and per capita spending increased 4%.
Johnston also called out the "very strong attendance" at Walt Disney World in Orlando, Florida.
"Those numbers are somewhat different than what you would have seen from our competitor down there, as well as some of the reported traffic coming through Orlando [International] Airport," he added.
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