Mike Myers is not done with Shrek. Dana Carvey said Myers told him the franchise is still headed for more, adding that Myers said, “We’re doing two more.”
The comment lands as Shrek 5 is set for theaters on Jun. 30, 2027, with Eddie Murphy, Cameron Diaz and Myers returning as Donkey, Fiona and Shrek. The follow-up matters because DreamWorks Animation is already developing a standalone Donkey movie aimed at 2028, signaling that the green ogre universe is being kept alive on two tracks at once.
That is a notable turn for a series that has been dormant on the mainline side for 17 years. The first Shrek film opened in 2001, and Shrek 5 is being described as the first main Shrek entry in nearly two decades. The franchise has grown into one of animation’s biggest commercial brands, with six theatrical releases that have grossed nearly $4 billion worldwide.
The return also follows the recent strength of the spinoff side of the property. Puss in Boots: The Last Wish arrived in 2022 and ended a hiatus of more than a decade, then went on to gross nearly $484 million worldwide against a production budget of $90-110 million. That performance gave the studio a clear commercial case to keep mining the world it built around Shrek, Donkey and the rest of Far Far Away.
Still, the franchise’s next chapter is not a simple replay of the past. Screenwriter Michael McCullers has described the new film as a “pretty big reinvention,” a signal that the studio wants the nostalgia to feel fresh enough for audiences who grew up with the originals and new viewers who never saw the first wave in theaters.
For now, Carvey’s remark is the clearest sign yet that the series is being planned as more than a one-off comeback. Shrek 5 is already locked in for 2027, the Donkey movie is projected for 2028, and Myers, if Carvey’s account is any guide, sees the franchise as a lot more than a return visit.
