Disney Q2 Earnings Beat, Stock Up 6%

Disney reported Q2 FY2026 adjusted EPS $1.57, beating $1.50 consensus, and revenue $25.17bn up 7% YoY.
SVOD revenue grew 13% year‑over‑year, and Disney+ positioned as “digital centerpiece” linking content, experiences, and merchandise.
Disney Experiences segment posted record Q2 revenue and operating income, with total segment operating income rising 4% to $4.6bn.
CEO Josh D’Amaro outlined AI‑driven “OneDisney” strategy, short‑form content push, and maintained FY2026 EPS growth outlook ~12%, expecting Q3 operating income $5.3bn.