Disney fiscal performance and strategic restructuring

Disney's fiscal third-quarter revenue and earnings were reported.

In early August 2026, Disney reported fiscal third-quarter revenue of $25.25 billion, marking a 7% increase compared to the same period in the previous year. Adjusted earnings per share rose 28% to $2.06, though net income attributable to Disney fell to $2.64 billion from $5.26 billion a year earlier.

The company's Experiences segment, which includes theme parks, cruise lines, and consumer products, saw revenue increase by 10% to $9.97 billion. Meanwhile, the Entertainment segment, covering streaming, television, and film, generated $11.35 billion in revenue, a 6% increase from the prior year. Within this segment, subscription revenue from Disney+ and Hulu rose 15%.

Performance in consumer products saw its strongest year-on-year growth in 20 quarters, aided by Toy Story 5. Additionally, Disney increased its fiscal 2026 share repurchase target to at least $9 billion, planning to use proceeds from the proposed sale of its 50% stake in A+E Global Media to Hearst Corporation to fund repurchases.

Toy Story 5 drives $1 billion box office and boosts Disney’s streaming and merchandise sales

Disney proposed the sale of its 50% stake in A+E Global Media to Hearst Corporation.

Disney proposed the sale of its 50% stake in A+E Global Media to Hearst Corporation. The transaction was expected to close by the end of the fiscal year, depending on regulatory approval.

Disney planned to use approximately $1.2 billion from the proceeds of this proposed sale to repurchase additional shares.

Disney announced an agreement with TikTok regarding curated fan-created videos for Disney+.

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