Box Office Watch: 'Toy Story 5' Nears $300M Domestic as 'Supergirl' Stumbles Out of the Gate

Pixar's "Toy Story 5" is closing in on its second straight box office milestone of the summer, while Warner Bros.' "Supergirl" is landing well short of where DC Studios had hoped as it debuts this weekend. Toy Story 5 Stays on Top, Approaches $300M "Toy Story 5" is holding firm at No. 1 for a second consecutive weekend, though its second-weekend numbers are coming in a bit below the rosiest pre-weekend estimates. The Andrew Stanton-directed sequel is now tracking toward roughly $74 million for Friday-through-Sunday in its second outing across 4,425 theaters, which would push the film past $300 million domestically by its tenth day in release — a milestone the franchise's previous installment, "Toy Story 4," didn't reach until its third weekend back in 2019. That second-weekend total represents roughly a 54% drop from its opening, a hold that's close to the 56% decline "Incredibles 2" posted in its own second weekend after setting the all-time domestic opening record for an animated film. "Toy Story 5" isn't far behind that benchmark itself: its $160 million domestic debut over Father's Day weekend stands as the second-biggest animated opening in history, trailing only "Incredibles 2's" $182.7 million. Globally, the film has already topped $312 million, including $152 million from international markets, making it the largest worldwide opening in "Toy Story" franchise history. Critics and audiences have both responded warmly — the film holds a Certified Fresh score in the mid-90s on Rotten Tomatoes and an A CinemaScore, with an audience approval rating of 77%, putting it ahead of several recent comic-book adaptations and not far off "Aquaman and the Lost Kingdom." Industry watchers widely expect "Toy Story 5" to clear $1 billion globally before its run concludes, joining "Toy Story 3" and "Toy Story 4" in the franchise's billion-dollar club. Supergirl's Soft Landing "Supergirl," the second film in James Gunn and Peter Safran's relaunched DC Studios slate following last summer's "Superman," is opening considerably softer than the studio had hoped. Early tracking had placed the film in the $50 million-plus range domestically, but estimates cooled steadily in the lead-up to release, eventually settling into the upper-$40 million range before some final pre-weekend updates suggested a start closer to $40 million from roughly 3,600 theaters. That would land well below "Superman's" $125 million domestic opening from a year ago, and closer to the territory of more modest recent DC releases like 2023's "The Flash" ($55 million domestic) — though still ahead of bigger disappointments like "Aquaman and the Lost Kingdom." Reviews have been lukewarm: the film sits at 57% "rotten" on Rotten Tomatoes' Tomatometer, with a "mixed" 49% score on Metacritic, and even early audience reactions described as "mixed" praised star Milly Alcock and Jason Momoa's performances while suggesting the overall film didn't fully deliver. Director Craig Gillespie's film, based on Tom King and Bilquis Evely's acclaimed graphic novel, follows Kara Zor-El (Alcock) as she journeys through the cosmos with her dog Krypto, reluctantly teaming up with a young woman named Ruthye on a quest for vengeance. The film carries a reported $170 million production budget, not including a global marketing campaign that DC Studios has called its largest promotional partner push ever, valued at more than $100 million in media exposure. Globally, "Supergirl" got off to a modest start with $13 million on its first day, a figure comparable to the early pace of Steven Spielberg's "Disclosure Day" two weeks earlier. The studio is hoping the film can clear $80 million or more in its international launch across roughly 46,000 screens in 77 foreign markets, with China and Japan opening this weekend and France and Belgium following next weekend. The Rest of the Chart Behind the weekend's two headline stories, the rest of the box office continues to be shaped by an unlikely group of breakout hits. Focus Features' "Obsession," directed by YouTuber-turned-filmmaker Curry Barker, is now in its seventh weekend and has already crossed $300 million globally on a famously tiny budget — joining Warner Bros.' "Sinners" as one of just two original films to top $200 million domestically since 2018. A24's horror hit "Backrooms," based on the internet creepypasta of the same name, has also crossed the $300 million global threshold. Steven Spielberg's "Disclosure Day" continues a steady decline in its third weekend, while Paramount's "Jackass: Best and Last" — the franchise's purported finale — opens in the same window as "Supergirl," targeting a modest $10 million start. What It Means The weekend underscores a familiar pattern in 2026's box office landscape: established, beloved franchises and unexpected micro-budget breakouts are thriving, while mid-tier comic-book sequels without an instantly recognizable lead character are struggling to break through. "Supergirl" benefits from the goodwill "Superman" built last year, but Kara Zor-El's relative unfamiliarity to casual moviegoers, paired with so-so reviews, appears to be capping its ceiling — leaving Warner Bros. to lean heavily on overseas markets and word-of-mouth in the weeks ahead to make the film's budget work. Meanwhile, "Toy Story 5" looks increasingly likely to be remembered as one of the defining hits of the summer, with a path toward the billion-dollar club that looks more like a formality than a question.