The film was released in theaters on May 26 , 2011 in Real D 3D and Digital 3D formats . Like its predecessor , '' Kung Fu Panda 2 '' received generally positive reviews , with critics praising its animation , voice acting , action scenes , musical score and character development and grossed $ 665 million worldwide against its $ 150 million budget . The film was the highest-grossing animated feature film of the year and was nominated for the 2011 Academy Award for Best Animated Feature at the 84th Academy Awards , losing to '' Rango '' . It was followed by '' Kung Fu Panda 3 '' in 2016
84th Academy Awards
84th Academy Awards
Kung Fu Panda 2