Theme parks and resorts
Experiences operating income rose 20% in fiscal Q3 2026, with a tariff refund adding about four points; Asia parks were soft.
The numbers
What it is
Walt Disney World, Disneyland Resort, Disneyland Paris and the Asian parks, along with the resort hotels. Revenue depends on attendance, per-capita spending on tickets, food and merchandise, and hotel rates.
Why it matters to the stock. Experiences is the largest source of segment operating income, and its pricing power and domestic attendance are the first things traders check each quarter.
News
Disney raises some theme park ticket and annual pass prices; cheapest Disneyland ticket stays $104
Disney raised some theme park prices for the new fiscal year, with changes published on October 6.
Disney raises fiscal 2026 buyback target to at least $9B from $8B
Disney raised its fiscal 2026 share repurchase target to at least $9B, up from at least $8B.
Disney fiscal Q2 2026 beats: adjusted EPS $1.57, streaming profit up 88%, buyback raised to $8B
Disney reported fiscal Q2 2026, the quarter ended March 28, with revenue of $25.17B, up 7%, and adjusted EPS of $1.57, up 8%.
Disney Adventure World opens at Disneyland Paris with World of Frozen
Disneyland Paris renamed its second park Disney Adventure World and opened the World of Frozen land on March 29, 2026, after an opening ceremony on March 28.
Disney fiscal Q1 2026: revenue up 5% to $25.98B, adjusted EPS down 7% to $1.63
Disney reported fiscal Q1 2026, the quarter ended December 27, 2025, with revenue of $25.98B, up 5%, but total segment operating income fell 9% to $4.60B.