F9 was supposed to be billon box office pre Covid. It did great in this environment (and had a China release and no streaming) , but is still a flop by pre covid standards.
Spider-Man doesn’t even have a trailer out at this point so that should tell how favorable this environment is.
Post COVID-19 standards I'd call that a success especially considering the fact that it didn't have streaming to rely on to help bump up the numbers. We're really going to have to change the terms of the meaning of the word "flop" because the days of billion dollar movies are over for the foreseeable future. That's why streaming is going to have to come into play to help with the numbers even if actors aren't a fan of it.