Disney's animated films not only from the year 2023, but also from 2021 and 2022 flopped. Strange World, Raya and the Last Dragon and Lightyear all flopped, even though Lightyear was based on a popular franchise. Encanto barely made a substantial profit, if any at all. The last successful Disney animated film before the Covid pandemic until now was Frozen II that came out in 2019.
Aside from Inside Out 2 coming in June, Moana 2 was scheduled to be released in theaters this year. Sadly, this is another sequel instead of an original film that isn't tied to any source material.