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Josh D’Amaro Reports Walt Disney Company Revenue Hits Record High Despite Theme Park Attendance Dip
The Walt Disney Company has released its first-quarter financial results for 2026, marking a significant milestone as the first full quarter under Josh D’Amaro’s expanded leadership. The headline is a bit of a paradox: while overall theme park attendance saw a slight decline, the revenue for the Disney Experiences division actually hit a record high.
Related – Disney CEO Josh D’Amaro Looking at App that Combines Park Apps with Disney+
Breaking Down the Parks Performance
According to the report, domestic and international parks are seeing a shift in guest behavior. While fewer people are walking through the gates compared to the same period last year, those who do visit are spending more per person. This increase in “per capita spending” is driven by higher ticket prices, increased food and beverage costs, and the continued popularity of premium add-ons like Lightning Lane Premier Pass.
The Streaming Explosion
The biggest surprise in the report came from the entertainment sector. Disney’s streaming services—including Disney+, Hulu, and ESPN+—saw operating income explode by 88 percent. This surge is attributed to a combination of strategic price increases, a crackdown on password sharing, and a massive influx of new subscribers following the release of high-profile theatrical hits onto the platform.
Josh D’Amaro’s Influence
In his first quarter overseeing the broader Disney Experiences umbrella, D’Amaro emphasized that the company is focusing on “quality over quantity.” The goal appears to be managing crowd levels to improve the guest experience while leveraging new technology and immersive storytelling to drive higher revenue per guest.
Future Outlook
Looking ahead, Disney expects the “Experience” segment to stay strong as major projects like the Muppet takeover of Sunset Boulevard and the new Soarin’ Across America debut later this year. While attendance may fluctuate, the company’s ability to monetize its core fan base and dominate the streaming landscape has put them in a very strong financial position for the remainder of 2026.
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