Disney Reports $26B Revenue, 5% Growth in Q1 Earnings

Is Disney thriving with record revenue and streaming gains or crumbling under leadership chaos and investor doubt?

Published 1 day ago

Disney Reports $26B Revenue, 5% Growth in Q1 Earnings

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Above: Walt Disney Co. signage on the floor of the New York Stock Exchange on Feb. 2, 2026. Image credit: Michael Nagle/Bloomberg/Getty Images

The Spin

Narrative A

Disney's theme parks are crushing it with record-breaking $10 billion revenue and strong domestic growth, proving the Experiences segment remains the company's powerhouse, even as cruise expansion and new attractions drive future gains. The streaming turnaround is real, with operating income jumping 72% and margins heading toward 10% for the year. Sure, entertainment costs are up, but the company's on track for double-digit earnings growth and $7 billion in stock buybacks.

WDWMagic

Narrative B

The earnings beat means nothing when leadership chaos dominates the conversation and shares tank 5% despite topping estimates. Iger's early exit signals instability at the top, with succession uncertainty overshadowing any financial wins. The stock remains essentially flat over 12 months and well below last summer's peak, showing investors have zero confidence in the transition ahead.

Investopedia

Public Figures

Bob Iger

Disney Reports $26B Revenue, 5% Growth in Q1 Earnings

The Spin

Narrative A

Narrative B

Public Figures

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