Pixar's president, Jim Morris, recently shed light on why the high cost of Pixar movies is generally misleading. The renowned animation studio released its first full-length movie in 1995 with Toy Story and, since then, churned out countless critically and commercially successful computer-animated feature films, with many brought to life with significantly hefty budgets. Since the pandemic, however, Pixar has endured mixed box-office performances with Lightyear and Elemental. In particular, Elemental cost roughly $200 million, becoming one of the most expensive animated movies. The high budget became a challenge for the Pixar movie to perform at the box office, which made a comeback after a poor debut week.
https://screenrant.com/pixar-movies-budget-misleading-president-why/