Quarterly ResultMay 6, 2026, 06:46 AM
Walt Disney Q2 Revenue $25.2B, Adj. EPS $1.57; Outlook Positive
AI Summary
Walt Disney Co reported strong second-quarter fiscal 2026 results, with revenues increasing 7% to $25.2 billion and adjusted diluted EPS rising 8% to $1.57, modestly exceeding prior guidance. The company remains focused on its long-term growth strategy, strengthening streaming, advancing ESPN's direct-to-consumer future, and expanding Disney Experiences. For fiscal 2026, Disney expects adjusted EPS growth of approximately 12-16% and plans at least $8 billion in share repurchases.
Key Highlights
- Q2 Revenues increased 7% to $25.2 billion from $23.6 billion in Q2 fiscal 2025.
- Q2 Adjusted EPS increased 8% to $1.57 from $1.45 in Q2 fiscal 2025.
- Q2 Diluted EPS decreased 30% to $1.27 from $1.81 in Q2 fiscal 2025.
- Total segment operating income increased 4% to $4.6 billion from $4.4 billion in Q2 fiscal 2025.
- Fiscal 2026 adjusted EPS growth expected approximately 12-16%.
- Targeting at least $8 billion in share repurchases in fiscal 2026.
- Q3 total segment operating income expected approximately $5.3 billion.
- Entertainment SVOD achieved its first double-digit operating margin in Q2.