DIS · 8-K · 20260805PR000056

Experiences Revenue Growth

Walt Disney Co · 2026-08-05 · Importance 54 · Surprise 40 · No source text

Experiences revenue increased 10% to $9.968 billion, with Parks & Experiences revenue rising 10% to $8.903 billion and Consumer Products revenue rising 7% to $1.065 billion. Domestic Parks & Experiences revenue increased 11% to $7.116 billion, while international revenue increased 6% to $1.787 billion. Resorts and vacations revenue grew 17% to $2.766 billion, driven by 10% additional passenger cruise days, 2% higher average daily hotel rates, and 2% higher occupied hotel room nights. The Disney Destiny and Disney Adventure increased cruise stateroom capacity approximately 50% versus the prior-year quarter, and domestic park per-capita spending increased 4%.

Key facts

• Experiences segment operating income in Q3 was $3,017 million, up 20% from $2,516 million in prior-year quarter. source
• Company recorded approximately $100 million in a tariff refund in the quarter, reversing out tariff payments earlier in the fiscal year; additional refunds if received are expected to be insignificant. source
• Disney Experiences segment operating income growth was 20%, with the tariff refund representing roughly four points of that growth, and there was no impact on Experiences segment revenues. source
• Experiences segment operating margin for the nine-month period ended June 27, 2026 was approximately 30%. source

Impact estimates