In the second quarter, Disney made good profits and income. This was because their theme parks in the US did very well, and more than a million people started using their streaming service.

The company also said it expected to make more profit this year, which caused their shares to go up 11% on Wednesday.

Disney also said it plans to build a seventh theme park in Abu Dhabi.

From January to March, Disney made $3.28 billion, which is $1.81 for each share. The company in Burbank, California, lost $20 million, or one cent per share, at the same time last year.

If you don't include special costs or profits, the company made $1.45 for each share. This was more than the $1.18 that financial experts expected, based on a survey.

Income increased by 7% to $23.62 billion, which was more than expected.

Disney Entertainment, which has movie studios and a streaming service, made 9% more money. The part of the company with parks, called Experiences, made 6% more money.

Popular recent films include “Moana 2” and “Mufasa: The Lion King.” The newest film, “Thunderbolts,” is currently number one at the box office. CEO Bob Iger and Chief Financial Officer Hugh Johnston stated that they believe in the list of movies coming out this year, such as “Lilo & Stitch,” “The Fantastic Four: First Steps,” and “Avatar: Fire and Ash.”

However, Disney might face problems because of the trade disagreements started by President Donald Trump. Other American companies have seen customers in other countries reacting negatively, and on Monday, Trump started a new part of his tariff disagreements, focusing on films made outside the U.S.

Disney's streaming services are still doing well, making $336 million this quarter compared to $47 million last year, and their sales went up by 8%.

Disney+ increased its number of paid users by 2% in the U.S. and Canada, and by 1% in other countries (not including Disney+ HotStar).

Disney+ got a little more subscribers in the last three months, reaching 126 million. This was a surprise because the company thought the number would go down a little.

Disney+ and Hulu had a total of 180.7 million subscribers, which is 2.5 million more than in the first quarter.

Mike Proulx, a vice president at Forrester, said that a good mix of content helped Disney have a better three months than they thought because their streaming service is making more money. He also said that Disney might put money into local shows and movies in other countries. This could mean they are trying to compete more directly with Netflix, which is known for having a lot of international shows and movies.

Disney has benefited in two ways from successful movies, as these films also provide content for its expanding streaming service.

According to Iger and Johnston, "Moana 2" has been watched for over 139 million hours on Disney+ since it was released on March 12. This makes it the most popular start for a Walt Disney Animation Studios movie on the service since "Encanto." They also said that the first "Moana" is still the most watched movie on Disney+, with more than 1.4 billion hours watched.

The Experiences part of Disney, which has six theme parks around the world, a cruise line, and sells products and games, said its profits increased by 9% to $2.5 billion. Profits went up by 13% at the parks in the US. But profits went down by 23% for the parks in other countries and the Experiences part, because the parks in Shanghai and Hong Kong were not doing very well.

While Disney is doing well managing its different businesses, it is also searching for a new leader to replace Iger, who has been in charge of Disney for nearly twenty years.

In 2023, Disney started a committee to plan for future leaders. But the serious search started last year when they asked James Gorman from Morgan Stanley to be in charge of finding someone.

Disney still has time because Iger signed a new contract to stay with the company until the end of 2026.

Disney is considering people from inside and outside the company for a position. Many think the people from inside the company include the head of ESPN, Jimmy Pitaro, the head of Walt Disney Parks and Resorts, Josh D’Amaro, and the co-chairmen of Disney Entertainment, Alan Bergman and Dana Walden.

Disney thinks it will earn $5.75 per share this year. This is more than the $5.43 per share that experts expected. The company had previously said they thought their earnings per share would increase quite a lot in 2025.