| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 7.3K | 2.2% |
| Total Income | 7.3K | 2.2% |
| Expenditure | 6.7K | 0.8% |
| PBT | 392.00 | 17.4% |
| Net Profit | 168.00 | 10.5% |
| OPM | 8.38% | 0.74pp |
| NPM | 2.29% | 0.17pp |
| EPS | 0.15 | 34.8% |
Paramount Skydance Reports Q1 2026 Revenue of $7.3B, Up 2% Y/Y
05 May 2026 · 5 May, 1:38 am
Summary
Paramount Skydance Corporation reported a 2% year-over-year increase in Q1 revenue, reaching $7.3 billion. DTC revenue grew by 11%, led by a 17% increase in Paramount+ revenue. The company is reaffirming its full-year outlook of $30 billion in revenue and $3.8 billion in adjusted EBITDA. They are also making progress on the acquisition of Warner Bros. Discovery, expected to close by the end of Q3 2026.
Key Highlights
- 1
Q1 revenue reached $7.3 billion, reflecting a 2% year-over-year increase, with profitability exceeding estimates.
- 2
The company reaffirmed its full-year outlook of $30 billion in revenue and $3.8 billion in adjusted EBITDA.
- 3
DTC revenue grew by 11% year-over-year to $2.4 billion, driven by a 17% increase at Paramount+.
- 4
Paramount+ added 0.7 million subscribers, excluding the exit of international hard bundle subscribers.
- 5
TV Media adjusted EBITDA grew 11% to $1.1 billion, representing a 29% margin in Q1.
- 6
The company remains on track to deliver over $3 billion in efficiencies through 2027, with over $2.5 billion expected by the end of 2026.
- 7
Significant progress has been made toward closing the acquisition of Warner Bros. Discovery by the end of Q3 2026.
Management Comments
David Ellison
The first quarter demonstrated what this company is capable of when strategy, content, and execution align. The WBD transaction, on track for a Q3 close, will amplify that potential significantly and unite two world-class teams. We are building something lasting—and we are just getting started.
Informational and educational content only. Not investment advice.