"How To Train Your Dragon 2" has been warmly received by moviegoers and critics alike, with some claiming that the sequel is better executed than the first movie.

Watch "How To Train Your Dragon 2" full movie.

The movie stars Jay Baruchel (Hiccup), America Ferrera (Astrid), Gerard Butler (Stoick) and Djimon Hounsou (Drago) among many.

The movie has also proved its box office prowess by being 2014's highest grossing animation.

After it debuted in China with a whopping $5.6M, the sequel now can boast of crossing the half a billion mark in worldwide ticket sales. The film has already surpassed other 2014 animation releases like "Rio 2" ($496M) and "The LEGO Movie" ($468M).

This early, talks about a "How To Train Your Dragon 3" is already in the works. Reports suggest that the movie will be shown in 2016. However A Screen Rant Article reveals that the third movie will be getting a later release date in 2017.

Director Dean DeBlois shared some of his ideas for the "How to Train Your Dragon" franchise.

“I think I’ve talked [Jeffrey Katzenberg] down from that (laughs). There may be spinoffs to come, but my involvement and my dedication to completing a story that has a reason for being and a strong sense of integrity and three chapters I think is in place and intact. Everybody seems to be in agreement that we’re moving in the right direction.”

Watch "How To Train Your Dragon 2" full movie.

And in terms of the third movie? Toothless' history will be revealed.

“I’m also playing with the idea of what happened to the dragons and why they are no more, as suggested by Cressida Cowell’s books. So the whole mystery of where did they go? Did they come back? What transpired? I think it’s all compelling stuff and it’s definitely a story that’s gonna have a lot more Toothless emphasis in it. We continue to get more insight into the dragon world and shed light on their intelligence and all the aspects that we’ve been slowly cooking over the last two films.”

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