A $1 million horror film and a 30-year-old franchise are saving Hollywood’s summer

"Toy Story 5" easily set a franchise record as its $160 million domestic haul marked the biggest opening weekend of 2026.

“Toy Story” still has a friend in moviegoers.

The fifth installment in the Pixar series debuted with $160 million in domestic ticket sales, according to studio estimates Sunday, easily setting a new franchise record and notching the biggest opening weekend of the year.

Launching 31 years after the original “Toy Story” first landed in theaters, “Toy Story 5” far surpassed the previous series-best debut: $120 million for “Toy Story 4” in 2019. Internationally, it was just as successful, with $152 million in opening-weekend sales, for a worldwide haul of $312 million.

The “Toy Story” franchise is one of the most profitable for The Walt Disney Co. Before “Toy Story 5” launched, the movies had collectively grossed more than $3 billion, while also pulling in billions from merchandising.

Though the series seemed to reach a conclusion with 2010’s “Toy Story 3,” the decision to revive the franchise almost a decade later — while controversial — has been extremely lucrative. “Toy Story 4” exceeded $1 billion in ticket sales, and “Toy Story 5” is all but certain to as well.

Among animated films, only 2018’s “Incredibles 2” had a bigger opening weekend ($182.7 million) than “Toy Story 5.”

These toys aren’t cheap

Keeping the “Toy Story” movies going has gotten more expensive, though. The fifth movie cost $250 million to make, not including marketing. It returns a voice cast led by Tom Hanks (as Woody), Tim Allen (as Buzz Lightyear) and Joan Cusack (as Jessie).

In the sequel, the toys are pushed aside when Bonnie gets a new tablet. It’s directed by Andrew Stanton, the Pixar veteran who helmed “Finding Nemo” (2003) and “WALL-E” (2008). “Toy Story 5” also features a new song by Taylor Swift, “I Knew It, I Knew You.”

Reviews have been very good and audiences gave “Toy Story 5” an “A” CinemaScore, suggesting it should remain a force in theaters for weeks.

After its chart-topping debut, Steven Spielberg’s “Disclosure Day” slipped to second place with $17 million in its second weekend. That’s not the hold that Universal Pictures was hoping for. Dropping 61% from its first weekend suggests “Disclosure Day” might not find the legs Spielberg’s sci-fi thriller needs to break out this summer.

Still, the $115 million budgeted movie, starring Emily Blunt, Josh O’Connor and Colman Domingo, has grossed $160.4 million globally in two weeks. “Disclosure Day” stands a good chance of remaining the top adult-oriented option in theaters in the coming weeks.

“Toy Story 5” faced little competition from newcomers.

‘Robin Hood’ misses the bullseye

A24’s “The Death of Robin Hood,” a violent revisionist approach to the old legend, flopped with $2.6 million on 1,762 screens. The film, starring Hugh Jackman and directed by Michael Sarnoski, was modestly budgeted at $20 million. But after finding mixed reviews, audiences didn’t go for the movie, either. It earned a “C+” CinemaScore.

Neon’s “Leviticus” came out just ahead of “The Death of Robin Hood,” with $2.7 million from 1,076 theaters. Written and directed by Adrian Chiarella, the buzzy low-budget horror film is about two teen boys who meet at conversion therapy. It’s a fine start for an indie with a small budget of $3.5 million and good word-of-mouth. But “Leviticus” also faced unusually strong competition in the still-potent horror hits “Obsession” and “Backrooms.”

The top horror choice remained “Obsession,” the microbudget phenomenon by 26-year-old Curry Barker. In its sixth weekend, it nearly equaled its $17 million opening weekend from mid-May. The Focus Features release, which cost less than $1 million to make, added $14.2 million to bring its domestic total to $215.8 million and its global haul to $333.3 million.

With “Toy Story 5” and “Obsession” driving sales, the summer box office is up 15% from the 2025 summer, according to Rentrak. More impressively, summer ticket sales are nearly equal to the 2019 summer at the same point, not accounting for inflation. The summer to date is just 1.9% down from that year.

Paul Dergarabedian, head of marketplace trends for Rentrak, expects that Hollywood is heading for its best summer since before the pandemic. And the success is coming from both expected and unexpected places.

“To me, this is a hybrid summer and this could be the new blueprint for how you build the perfect summer box-office beast,” says Dergarabedian. “You throw in a mix of very eclectic films and not just the usual suspects — the big franchise films, the known brands — but also films like ‘Backrooms’ and ‘Obsession’ and original films like ‘Disclosure Day.’”

Top 10 movies by domestic box office

With final domestic figures being released Monday, this list factors in the estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Rentrak:

1. “Toy Story 5,” $160 million.

2. “Disclosure Day,” $17 million.

3. “Obsession,” $14.2 million.

4. “Backrooms,” $7.3 million.

5. “Scary Movie,” $6.7 million.

6. “Masters of the Universe,” $5.6 million.

7. “Star Wars: The Mandalorian and Grogu,” $3.9 million.

8. “Leviticus,” $2.7 million.

9. “The Death of Robin Hood,” $2.6 million.

10. “Michael,” $2.2 million.

This story was originally featured on Fortune.com