Disney’s experiences division, including theme parks and cruise ships, reached record revenue of over $10 billion in the fiscal first quarter. Operating income also saw a 6% increase from the previous year. The segment accounted for 38% of total revenue but generated 71% of operating income for Disney.

Disney’s CEO Bob Iger expects high-single-digit growth in operating income for the experiences division in fiscal 2026. The strong performance of the parks division is attributed to major investments in expanding theme parks, refurbishing rides, and adding new attractions. Disney’s library of franchises and intellectual property continues to drive growth.

Despite headwinds from declining international visitors to domestic parks, revenue from international theme parks and experiences grew 7% to $1.75 billion in the fiscal first quarter. Industry analysts attribute the decline in international visitors to higher travel costs, ongoing trade frictions, and geopolitical unease. Domestic theme park revenue grew by 7% to $6.91 billion.

Disney’s commitment to bringing beloved IP into its parks is paying off, especially outside the U.S. New offerings at international parks, the launch of a cruise ship serving Asia, and a new park in Abu Dhabi are ways Disney is engaging with consumers in foreign markets. International headwinds are being navigated with strategic investments and offerings.

Read more at CNBC: Disney parks division Q1 results show it still has room to run