In June, Toy Story 5 roared to a $160M franchise-record opening and is cruising toward a $550M-ish domestic finish, and Obsession turned into the wide-release legs story of the decade on its way past $250M. The supporting slate was a little more mixed and ranged from: good but at expectations (Scary Movie), to just fine (Disclosure Day), to expected bomb (Masters of the Universe), to tentpole potential that turned into a bomb (Supergirl). The good news for exhibitors: July should absolutely be bigger. The bad news: it all relies on three expected hits performing at or above the very high expectations that have been set for them. If any of them falter, the month starts looking a lot more shaky.

This is a July that is overly reliant on three big blockbusters plus the holdover effect of Toy Story 5. The month’s ceiling comes down to a handful of questions:

  1. Does The Odyssey shrug off the casting backlash and continue Nolan’s winning streak?
  2. Can Minions & Monsters and the live-action Moana both clear $300M+ domestic?
  3. How much does Toy Story 5’s enormous carryover stack on top of the new releases?

The floor case is around $1B for the month — if you say $200M for the Odyssey and $250M each for Moana and Minions, plus $200M in holdover grosses from Toy Story 5 and another $100M from everything else. This would be disappointing and we see it as the worst-case scenario, but it would still be a very solid July generally and shows you how high the floor is here. It would be surprising for any of these three movies to end up either below $200M or above $400M, but the closer they can get to $400M, the better this month starts to shape up. If just one of the three can get close, then maybe $1.2B is on the table, which would be only behind Barbenheimer’s July in 2023 (post-pandemic).

July Domestic Box Office — 2022 to 2026 (projected)
2022
$1.00B
First post-pandemic $1B July
2023
$1.37B
Barbenheimer — near record
2024
$1.18B
Deadpool & Wolverine powered
2025
$1.10B
Superman + Jurassic Rebirth + F4
2026 proj.
$1.25B
The Odyssey is the swing factor

Five years of July worth keeping in mind:

2022 — ~$1.00B. The first July to clear a billion since the pandemic, carried by Minions: The Rise of Gru ($107M opening, $369M domestic) and Thor: Love and Thunder ($144M opening), with Top Gun: Maverick’s historic legs still padding every weekend.

2023 — $1.37B. The Barbenheimer month, and the second-best July ever. Barbie and Oppenheimer turned a single weekend into a cultural event and dragged the whole month up with them. Should prove too high to top this year unless all three biggies break out.

2024 — ~$1.18B. Deadpool & Wolverine opened to a stunning $211M and cleared $600M domestic, Despicable Me 4 led the month at ~$300M, and Twisters over-performed at ~$170M.

2025 — ~$1.10B. A three-tentpole month: Superman ($125M opening) relaunched the DCU, Jurassic World Rebirth grabbed the July 4 frame ($147.8M 5-day), and The Fantastic Four: First Steps closed the month strong.

Our model has July 2026 landing around $1.1–1.2B — comfortably ahead of 2025 and 2022, in the same conversation as 2024, and within striking distance of the Barbenheimer record if a few things go very right.

Spillover · Late JuneWhat June is handing off to July

This is the biggest carryover we’ve tracked all year. Toy Story 5 will roll into July around $310M domestic with two or three strong family weekends still in the tank; depending on legs, assume another $200M of July dollars from one film as it heads to $500M+. Supergirl and Jackass 5 both underperformed and should only add another $50M combined, and Obsession should chip in $20M+ more. Total June-spillover is roughly $300M — more than double a normal month’s carryover, and a big reason the floor is so high.

Weekend 1 · July 1–5Illumination owns the Fourth

Minions & Monsters
Opening
Opening Weekend · Universal / Illumination · PG · Jul 1

Minions & Monsters

Illumination · July 4 5-day launch · $85M budget
$95–115M
Our Prediction
5-day · $300M+ domestic · safest bet of the month

Illumination does what Illumination does: drops a Minions movie into the July 4 corridor and prints money. Tracking has Minions & Monsters at $75–85M three-day, $95–115M five-day. Like always, these movies are cheap for animations at a reported $85M budget, even cheaper than The Super Mario Galaxy Movie’s $110M, meaning it only needs ~$275M worldwide to profit and should clear that on domestic alone. The main thing to look out for here is how it can hold up against the franchise, which has been remarkably consistent over the years. Minions: The Rise of Gru, the original Minions, Despicable Me 2, and Despicable Me 4 all ended up between $330M and $370M. Despicable Me 3 saw a dip compared to the rest of the franchise and ended up at $265M, which is probably the floor this time around, but the aim should be for another $300M+ domestic grosser here to get this month off to a good start. We’ll see if it can get there or if franchise fatigue will start to take its toll — but it’s better not to bet against these guys.

Young Washington
Opening
Opening Weekend · Angel Studios · PG-13 · Jul 3

Young Washington

Jon Erwin directs · Ben Kingsley, Kelsey Grammer, Andy Serkis
$8–14M
Our Prediction
Patriotic counterprogramming · Angel Studios floor

The most on-the-nose Fourth-of-July counter-programming imaginable — a young-George-Washington origin story. Angel’s grassroots playbook gives Young Washington a floor of about $10–15M total, but we’ll have to see whether it can strike a chord and go beyond that like some of their other films have.

Weekend 2 · July 10–12Disney rolls the live-action dice again

Moana
Opening
Opening Weekend · Walt Disney Studios · PG · Jul 10

Moana

Thomas Kail directs · Dwayne Johnson, Catherine Laga’aia · $200M+ budget
$80–105M
Our Prediction
$240–305M domestic · needs $500M WW to break even

Disney’s best brand to try the remake route with — the original Moana was the most-streamed movie on the planet for two straight years. Dwayne Johnson returns as Maui, newcomer Catherine Laga’aia plays Moana, Thomas Kail directs. So far presales have been soft, although that’s not unexpected this far out for this type of movie. We’ll need to start seeing it pick up in the next two weeks though, and it’ll need to hope for good reviews now that the Disney live-action remakes aren’t a sure-thing anymore (Snow White, anyone?). As long as this clears $200M there’s no cause for concern, though it does have the potential to get over $300M. Last year’s How to Train Your Dragon live-action ($84.6M) might actually end up as a pretty good comp here — that one finaled at $263M domestic. If it can get there or above, we’d count that as a win. Anything under $200M is a cause for concern.

Weekend 3 · July 17–19Can Nolan hit big again?

The Odyssey
Opening
Opening Weekend · Universal · PG-13 · Jul 17

The Odyssey

Christopher Nolan directs · Matt Damon, Anne Hathaway, Tom Holland, Zendaya · $250M budget
$70–95M
Our Prediction
The year’s biggest swing · Oppenheimer is the comp

This is the biggest open question of the month. The Odyssey is Christopher Nolan’s first since Oppenheimer ($82M open, $330M domestic, $975M worldwide), the first feature ever shot entirely on IMAX film cameras, a $250M budget, and a cast that reads like a who’s-who of Hollywood — Matt Damon as Odysseus, Anne Hathaway as Penelope, plus Tom Holland, Zendaya, Robert Pattinson, Charlize Theron, and Lupita Nyong’o. The early 70mm IMAX showings sold out in twelve hours a year ago, and when the rest went on sale recently, the same thing happened again. It feels like a slam dunk on paper, but the online chatter has been a little more mixed than expected — mostly centering around some of the casting choices and the latest trailer not being as strong as the earlier ones. Presales and tracking are definitely strong, but show general-audience interest is potentially a little softer than we’d like to see. If it can earn great reviews and early reactions, that could all neutralize, of course. If it ends up more mixed, that’s when we could see this one slip. If that happens, the worst case is about $175M domestic, carried on the strength of the Nolan brand. Best case is it plays like Oppenheimer and it’s a $300M+ domestic blockbuster with worldwide approaching $1B. July needs this one to hit on the higher end of that range, and right now, we’d say that is the more likely scenario — but it is more review-dependent than the other biggies this month.

Weekend 4 · July 24–26Horror keeps the lights on

Evil Dead Burn
Opening
Opening Weekend · Warner Bros. · R · Jul 24

Evil Dead Burn

Sébastien Vanicèk directs · produced by Sam Raimi · 6th in the franchise
$22–32M
Our Prediction
$120–160M WW lifetime · Evil Dead Rise comp

Horror’s been one of the best stories of the 2026 summer (Backrooms smashed the A24 record at $81.5M). The sixth Evil Dead, a standalone sequel directed by Sébastien Vanicèk with Sam Raimi producing. The number to beat is Evil Dead Rise’s $24.5M open / $147.1M worldwide; we have Burn opening mid-$20Ms toward $80–100M domestic. On a sub-$25M budget that’s a tidy win and a reliable back-half counter to the four-quadrant tentpoles. Count this one as nice padding for the month, but not make or break.

Weekend 5 · July 31The web-slinger arrives (but it’s an August story)

Spider-Man: Brand New Day
Opening
Opening Weekend · Sony / Marvel · PG-13 · Jul 31

Spider-Man: Brand New Day

Tom Holland’s 4th solo Spidey · record-breaking presales
$175–225M
Our Prediction
Opening weekend · most of it lands in August

The biggest movie of the summer opens on the very last day of July and is expected to be absolutely massive. But for July’s ledger it barely matters — a Friday July 31 open means just the first day counts toward the month (although that could easily be $70–90M+ here). The fireworks for this one are an August story — we’ll discuss it more in the next long-range preview.

The Bottom LineA high floor and a Nolan-shaped ceiling

July 2026 is built differently than June. June lived and died on one question (Toy Story 5); July has a genuinely high floor no matter what — the Minions/Moana family base, cheap-and-reliable horror, and that enormous Toy Story 5 carryover essentially guarantee a billion-dollar month before Nolan opens a reel.

The ceiling has exactly one name on it: if The Odyssey shrugs off the controversy, gets rave reviews and plays like Oppenheimer, July 2026 hits big. Either way July is in great shape — but how great depends almost entirely on Nolan’s film.