FINHUB Insights

DIS · Q2 FY26 · Mar 28, 2026

Walt Disney Q2 FY26: where the revenue came from and where it went

Walt Disney Q2 FY26: revenue $25.2B (+7% year over year). Net profit $2.2B. Largest cohort Subscription and affiliate fees $10.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 28, 2026
Reported
May 6, 2026 10-Q
Sankey diagram of Walt Disney's income statement for Q2 FY26: revenue of $25.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$25.2B +7% year over year
Gross profit$9.3B 37% margin
Operating profit$4.6B 18% margin
Net profit$2.2B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Mar 28, 2026).
ItemValueShare of revenueYear over year
Revenue 25.2 100% +7%
Subscription and affiliate fees 10.6 42%
Theme park admissions 3.1 12% +6%
Advertising 2.8 11% +2%
Resorts and vacations 2.6 10% +9%
Retail and wholesale sales of… 2.4 10% +5%
Content Sales 1.7 7%
Other 1.1 4% −5%
Merchandise licensing 0.9 4% +2%
Cost of revenue−15.963%
Gross profit9.337% margin+0pp
SG&A−4.116%−1pp
Other−0.62%+0pp
Operating profit4.618% margin+0pp
Tax−0.9
Interest & other costs−1.5
Net profit2.29%−5pp
Filing on EDGAR More quarters of DIS

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters