DIS · 10-Q · 2026Q2 · Full report
Capital Expenditures Program
Walt Disney Co · 2026-08-05 · Importance 78 · Surprise 58 · Matches filing data
The Company invested $6.780 billion in parks, resorts and other property during the nine months ended June 27, 2026, up from $6.108 billion in the prior-year period. Experiences accounted for $5.596 billion of current-period investment, including $4.527 billion domestically and $1.069 billion internationally. The Company expects fiscal 2026 capital expenditures of approximately $9 billion, compared with $8 billion in fiscal 2025, driven by theme park and resort expansion and new attractions, partly offset by lower cruise fleet spending.
Key facts
- The Company currently expects its fiscal 2026 capital expenditures to be approximately $9 billion compared to fiscal 2025 capital expenditures of $8 billion. source
- Cash used in investing activities for nine months ended June 27, 2026: $7,256 million, up 17% from $6,193 million prior-year source
- Investments in parks, resorts and other property — Experiences Domestic: $(4,527) million for the nine months ended June 27, 2026 and $(4,068) million for the nine months ended June 28, 2025. source
- Investments in parks, resorts and other property — Total Experiences: $(5,596) million for the nine months ended June 27, 2026 and $(4,933) million for the nine months ended June 28, 2025. source
- Total investments in parks, resorts and other property: $(6,780) million for the nine months ended June 27, 2026 and $(6,108) million for the nine months ended June 28, 2025. source
- Investments in parks, resorts and other property — Experiences International: $(1,069) million for the nine months ended June 27, 2026 and $(865) million for the nine months ended June 28, 2025. source
- Investments in parks, resorts and other property — Entertainment: $(968) million for the nine months ended June 27, 2026 and $(835) million for the nine months ended June 28, 2025. source
- Investments in parks, resorts and other property — Sports: $(1) million for the nine months ended June 27, 2026 and $— for the nine months ended June 28, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -0.5% | Cash used in investing activities for nine months ended June 27, 2026: $7,256 million, up 17% from $6,193 million prior-year |
| cash | negative | committed | -0.4% | The Company currently expects its fiscal 2026 capital expenditures to be approximately $9 billion compared to fiscal 2025 capital… |
| assets | positive | committed | +0.4% | The Company currently expects its fiscal 2026 capital expenditures to be approximately $9 billion compared to fiscal 2025 capital… |