Disney’s market value sat near $180 billion in late May 2026, while Netflix carried about $362 billion and Comcast roughly $89 billion. Those three numbers frame the gap Disney now works to close.
This post lists Disney’s main competitors by market cap, ticker and business focus, then looks at the company’s edge, its market share outlook and whether the stock fits a long-term portfolio.
Disney reported $25.2 billion in fiscal Q2 2026 revenue, up 7% from a year earlier. Streaming operating income rose 88% to $582 million, and the Experiences unit brought in $2.6 billion in operating income.
Disney Competitors – TLDR;
- Disney’s biggest competitors are Netflix, Comcast, Sony, Warner Bros. Discovery and Paramount Skydance.
- In streaming, Disney+ and Hulu fight Netflix, Amazon Prime Video, Apple TV+ and YouTube for viewers.
- Netflix leads the group on market value at about $362 billion against Disney’s $180 billion in 2026.
- Comcast’s Universal, which opened Epic Universe in 2025, is the closest rival to Disney’s theme parks.
- Paramount Skydance is buying Warner Bros. Discovery, which reshapes the studio side of Disney’s competitor list.
Disney Competitors
The table below ranks 15 publicly traded Disney competitors by market cap as of late May 2026. It spans streaming, studios, broadcast, gaming, music and live events, since Disney earns money across all of them.
| Ticker | Company Name | Market Cap | Subsector | Key Product Line Areas |
|---|---|---|---|---|
| AAPL | Apple | $4.55T | Technology and Streaming | Apple TV+, devices, services |
| GOOGL | Alphabet | $4.3T | Technology and Video | YouTube, YouTube TV, ads |
| AMZN | Amazon | $2.8T | E-commerce and Streaming | Prime Video, MGM, live sports |
| NFLX | Netflix | $362B | Streaming | Subscription video, ad tier, games |
| SONY | Sony Group | $127B | Electronics and Entertainment | PlayStation, Sony Pictures, music |
| SPOT | Spotify | $106B | Audio Streaming | Music, podcasts, audiobooks |
| CMCSA | Comcast | $89B | Media, Cable and Parks | NBCUniversal, Peacock, Universal parks |
| WBD | Warner Bros. Discovery | $68B | Studios and Streaming | HBO Max, Warner Bros., DC, CNN |
| NTDOY | Nintendo | $52B | Gaming | Consoles, games, character IP |
| LYV | Live Nation | $38B | Live Entertainment | Concerts, Ticketmaster, venues |
| FOXA | Fox | $24B | Broadcast and Sports | Fox Sports, Fox News, Tubi |
| ROKU | Roku | $14B | Streaming Platform | The Roku Channel, devices, ads |
| WMG | Warner Music Group | $13.6B | Music | Recorded music, publishing |
| PSKY | Paramount Skydance | $13B | Studios and Streaming | Paramount+, CBS, film studios |
| LION | Lionsgate Studios | $3.6B | Film and TV Studios | Films, Starz content, library |
Apple, Alphabet and Amazon dwarf the field on size, but most of their value comes from outside entertainment. Among media-first names, Netflix and its streaming model set the pace, and Comcast through its NBCUniversal arm remains the rival closest to Disney’s mix of parks, networks and studios. The chart below compares the entertainment-led competitors.
Market capitalization of Disney and entertainment competitors, 2026 ($ billion).
Disney Future Market Share
Disney’s stock traded about 17% below its 52-week high in late May 2026, and its market cap fell roughly 9% over the prior year. The chart below tracks that slide and the recent bounce.
Management guided to about 12% adjusted earnings growth for fiscal 2026 and double-digit growth for fiscal 2027. Streaming margins crossed 10% for the first time, which supports a larger share of profit from Disney+ and Hulu.
The ESPN deal that gave the NFL a 10% stake, valued near $3 billion, ties Disney to live sports as cable shrinks. Parks remain the anchor, though Comcast’s Epic Universe now pulls some demand.
Disney market capitalization, 2025 to 2026 ($ billion).
Disney Competitive Advantage
Disney’s edge is its library of owned characters and franchises: Marvel, Star Wars, Pixar and the animation catalog. That IP feeds films, streaming, parks, cruises and consumer products at the same time.
Few rivals run that loop. Sony’s entertainment divisions own strong film and music assets, and Amazon’s Prime Video push buys reach, yet neither pairs content with the scale of physical experiences Disney operates.
The Experiences unit shows why that matters. It earned $2.6 billion in operating income in fiscal Q2 2026, the largest slice of the company’s $4.6 billion segment total. The chart breaks down that split.
Disney segment operating income, 2026 ($ billion).
Is Disney a long-term buy?
The case for buying rests on improving streaming profit, steady parks demand and guidance for double-digit earnings growth into fiscal 2027. Disney also lifted its buyback target to at least $8 billion for the year.
The risks are real. Linear TV keeps shrinking, sports rights cost more, and Netflix holds a larger market value. Disney is not a licensed financial adviser’s pick or pass; the figures here are for your own research, and this is not investment advice.
FAQs
Who are Disney’s main competitors?
Disney’s main competitors are Netflix, Comcast (NBCUniversal), Warner Bros. Discovery, Paramount Skydance and Sony. Amazon, Apple and Alphabet also compete directly with Disney+ and Hulu in streaming.
Who is Disney’s biggest competitor?
Netflix is Disney’s biggest direct competitor in streaming and carries the larger market cap, near $362 billion versus Disney’s $180 billion in 2026. Comcast is the closest rival across parks and networks.
How much revenue does Disney make?
Disney reported $25.2 billion in revenue for fiscal Q2 2026, up 7% year over year. For full fiscal 2025, Disney recorded $94.4 billion in revenue and $12.4 billion in net income.
Is Disney bigger than Netflix?
By market cap, no. Netflix was worth about $362 billion in May 2026 against Disney’s $180 billion. By revenue, Disney is larger, reporting $25.2 billion in fiscal Q2 2026 across its three segments.
Does Disney still report Disney+ subscriber numbers?
No. Disney stopped reporting quarterly streaming subscriber figures in 2025. It now points investors to streaming revenue and operating income, which rose 88% to $582 million in fiscal Q2 2026.
https://variety.com/2026/tv/news/disney-q2-2026-earnings-josh-damaro-streaming-income-1236738974/
https://companiesmarketcap.com/walt-disney/marketcap/
https://www.cnbc.com/2026/05/06/disney-dis-earnings-q2-2026.html
https://www.britannica.com/money/netflix-paramount-skydance-battle-for-warner-bros
