Paramount Skydance Corp reported results for 2026 with consolidated revenue of $6.91B, roughly flat year-over-year, while net income and diluted earnings per share declined to $41M and $0.04, respectively, reflecting lower linear and theatrical revenue despite streaming growth and cost reductions.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$6.91B$6.85B0.9% | Net income²$41M$61M(32.8%) | Diluted EPS³$0.04$0.08(50%) |
¹ Reported as “Revenues”. ² Reported as “Net earnings (Parent and noncontrolling interests)”. ³ Reported as “Diluted earnings per common share attributable to Parent”.
Business Highlights
- Revenue growth was driven by Paramount+ subscriber and licensing gains, offset by lower linear and theatrical revenues.
- Paramount+ subscribers reached 81.6M and ARPU rose about 12% due to pricing, UFC content and the BET+ integration, supporting both ad and subscription revenue.
- Content costs declined from programming asset reductions and pushdown accounting; cost savings contributed to substantial improvement in Adjusted EBITDA.
- Company reorganized segments into Studios, Direct-to-Consumer and TV Media to streamline content creation and operations.
- Announced a definitive merger with WBD and secured equity syndication plus bridge/credit commitments; timing remains subject to regulatory and legal outcomes.
Original SEC Filing:
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