In Q3 fiscal 2026 (the quarter ended June 27, 2026), Walt Disney's largest business segment was Entertainment, with $11.35 billion or 44% of revenue, up 6.0% from a year earlier. Next: Experiences (39%) and Sports (17%).
By product or service, Subscription and affiliate fees brought in 41%, Admission brought in 13% and Advertising brought in 11% of revenue in Q3 fiscal 2026.
By region, Americas brought in 79%, Europe brought in 13% and Asia Pacific brought in 8% of revenue in Q3 fiscal 2026.
The fastest-growing business segment from a year earlier was Experiences (+9.7%).
From company filings, in USD; latest quarter ended June 27, 2026; quarterly data from Q2 fiscal 2018.

Fiscal quarters, from company filings
| Business segment | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Share |
|---|---|---|---|---|---|
| Entertainment | $11.3B | $11.7B | $11.6B | $10.7B | 44% |
| Experiences | $10.0B | $9.5B | $10.0B | $9.1B | 39% |
| Sports | $4.5B | $4.6B | $4.9B | $4.3B | 17% |
In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.
| Product or service | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Share |
|---|---|---|---|---|---|
| Subscription and affiliate fees | $10.3B | $10.6B | $9.8B | $9.3B | 41% |
| Admission | $3.3B | $3.1B | $3.3B | $3.0B | 13% |
| Advertising | $2.8B | $2.8B | $3.3B | $2.8B | 11% |
| Resort and vacations | $2.8B | $2.6B | $2.4B | $2.4B | 11% |
| Retail and wholesale sales of merchandise, food and beverage | $2.5B | $2.4B | $2.7B | $2.4B | 10% |
| Content Sales | $1.6B | $1.7B | $2.0B | $1.8B | 6% |
| Other Revenue | $1.0B | $1.1B | $1.3B | $1.1B | 4% |
| License | $974.0M | $865.0M | $1.1B | $875.0M | 4% |
In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.
| Region | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Share |
|---|---|---|---|---|---|
| Americas | $20.1B | $20.4B | $20.9B | $19.2B | 79% |
| Europe | $3.2B | $2.9B | $3.1B | $2.8B | 13% |
| Asia Pacific | $2.0B | $1.9B | $2.0B | $1.7B | 8% |
In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.
Entertainment, Experiences and Sports (as reported for Q3 fiscal 2026).
Entertainment: $11.35 billion, or 44% of revenue, in Q3 fiscal 2026.
By revenue in Q3 fiscal 2026: Subscription and affiliate fees (41%), Admission (13%), Advertising (11%) and Resort and vacations (11%).
By region in Q3 fiscal 2026: Americas (79%), Europe (13%) and Asia Pacific (8%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 27, 2026
| Item | Revenue | Share |
|---|---|---|
| Entertainment | USD 11.35B | 44.0% |
| Experiences | USD 9.97B | 38.6% |
| Sports | USD 4.50B | 17.4% |
| Segment Eliminationsi | -USD 565.00M |
Sum of items USD 25.81B; corporate items and eliminations -USD 565.00M. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 | Q3 FY18 | Q2 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entertainment | 11.3B | 11.7B | 11.6B | 10.2B | 10.7B | 10.7B | 10.9B | 10.8B | 10.6B | 9.8B | 10.0B | 9.5B | 10.1B | 10.3B | 10.7B | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Experiences | 10.0B | 9.5B | 10.0B | 8.8B | 9.1B | 8.9B | 9.4B | 8.2B | 8.4B | 8.4B | 9.1B | 8.2B | 8.2B | 7.6B | 8.5B | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Disney Media and Entertainment Distribution | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 14.1B | 14.6B | – | 12.7B | 12.4B | 12.7B | – | 10.7B | 12.4B | 13.3B | – | – | – | – | – | – | – |
| Sports | 4.5B | 4.6B | 4.9B | 4.0B | 4.3B | 4.5B | 4.8B | 3.9B | 4.6B | 4.3B | 4.8B | 3.9B | 4.3B | 4.2B | 4.6B | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Disney Parks, Experiences and Products | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 7.4B | 7.2B | – | 4.3B | 3.2B | 3.6B | – | 1.1B | 5.7B | 7.6B | – | – | – | – | – | – | – |
| Media Networks | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 7.2B | – | – | – | – | 6.7B | 5.7B | 5.9B | – | 5.5B | 5.5B |
| Parks, Experiences and Products | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.6B | – | – | – | – | 6.6B | 6.2B | 6.8B | – | 6.1B | 5.9B |
| Studio Entertainment | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.6B | – | – | – | – | 3.8B | 2.2B | 1.8B | – | 2.9B | 2.5B |
| Direct-to-Consumer & International | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4.9B | – | – | – | – | 3.9B | 1.1B | 918.0M | – | 827.0M | 831.0M |