PSKY at a glance
Paramount Skydance Corporation (PSKY, SEC CIK 2041610) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on October 6, 2026 and Form 4 insider filings as recently as September 4, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended August 6, 2025 (FY2025), Paramount Skydance Corporation (PSKY) reported revenue of $16.6 billion (down 43.1% from FY2024) and a net loss of $35.0 million. Diluted EPS was -$0.05.
- As of June 30, 2026, 34 institutional investment managers tracked by SignalX reported holding Paramount Skydance Corporation (PSKY) shares worth $1.5 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $16.6B
- −43.1% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 34 funds
- $1.5B · +2 vs prior quarter
- Latest 10-Q
- Aug 4, 2026
- Quarterly report
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- FCC license renewal risk for CBS television stations; nonrenewal or conditions could restrict operations and force divestitures
- Paramount-Skydance merger litigation ongoing; lawsuits filed, potential for substantial defense costs and management distraction
- $1.12 billion in programming charges recorded in 2024 due to content removals, abandoned development projects, and terminated agreements
- Generative AI deployment by competitors could accelerate competitive disadvantage; unsettled AI copyright law adds IP protection uncertainty
- Ellison Family controls 77.5% of Class A Stock and 100% of combined voting power; Class B holders have zero voting rights
Management Discussion & Analysis
- Pro forma revenue $29.4B (2025) vs $30.3B (2024), down 3% YoY; advertising -11%, subscription +4%, theatrical -23%
- TV Media best segment: pro forma revenue $17.1B, Adjusted OIBDA $3.7B combined; Direct-to-Consumer turned profitable in Successor period vs $(497)M loss in full-year 2024
- Filmed Entertainment worst segment: Adjusted OIBDA $(132)M Successor + $(100)M Predecessor vs $(96)M full-year 2024; pro forma revenue down 5%
- Capex $296M combined 2025 periods vs $263M in 2024; common dividends $191M combined; cash $3.27B at Dec 31, 2025; total debt $13.66B vs $14.50B
- Key risks: $800M transformation costs guided for 2026; pending Warner Bros. bid at $31/share requiring $57.5B debt + $46.6B equity commitments; tariff/ad market uncertainty flagged
Business Overview
- Global media/entertainment holding company formed Aug 7, 2025 via merger of Paramount Global and Skydance under new parent Paramount Skydance Corporation (ticker: PSKY)
- Hostile bid for Warner Bros. Discovery at $31.00/share (revised Feb 2026); secured $57.5B debt + $46.6B equity commitments from Ellison Family and RedBird Capital Partners
- Skydance's animation, interactive/games, and sports divisions integrated into Filmed Entertainment segment: entirely new content capabilities added to portfolio
- ~17,600 full/part-time employees across 30 countries, plus ~3,600 project-based staff as of Dec 31, 2025
- Lawrence Ellison provided irrevocable personal guarantee on Warner Bros. deal equity financing: highly unusual personal liability for a corporate M&A transaction
AI summary of the PSKY 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $6,913M, up $64M or 1% YoY, driven by Paramount+ and licensing
- Operating income $475M, up 19% YoY; operating margin 6.9% vs 5.8% YoY
- Adjusted EBITDA $1,099M, up 27%; adjusted net earnings $205M, down 35% YoY
- Paramount+ and licensing best-performing lines; linear networks and theatrical releases declined
- Management cited advertising headwinds from macroeconomic uncertainty, tariffs, and geopolitical risks
Risk Factors
- New merger risk triggered by the WBD transaction: business disruption and lost commercial relationships during integration preparation
- Most material update: twelve-state antitrust lawsuit filed in July 2026, delaying closing until the earlier of court ruling plus five days or June 1, 2027
- Regulatory exposure: potential $7.0 billion Regulatory Termination Fee if approvals fail or an antitrust order blocks the merger
- Operational risk: management distraction and integration demands could impair day-to-day operations and talent retention
- Financial risk: closing delay after September 30, 2026 adds $0.00277778 per calendar day to cash merger consideration, capped at $0.25 per 90-day period
AI summary of the PSKY 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
SignalX for PSKY
Don't miss the next PSKY filing
- Alerts as it files. A push when PSKY files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut PSKY, by share count.
- Ask anything. An AI agent that reads every PSKY filing and answers with sources.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Gill Charest Katherine | M | Sep 2, 2026 | 7,969 | - |
| Gill Charest Katherine | M | Sep 2, 2026 | 7,969 | - |
| Gill Charest Katherine | F | Sep 2, 2026 | 4,069 | $10.97 |
| Brandon-Gordon Andrew Mark | F | Aug 7, 2026 | 101,760 | $9.19 |
| Ellison David Ferris | M | Aug 7, 2026 | 250,000 | - |
| Brandon-Gordon Andrew Mark | M | Aug 7, 2026 | 200,000 | - |
| Ellison David Ferris | M | Aug 7, 2026 | 250,000 | - |
| Ellison David Ferris | F | Aug 7, 2026 | 127,200 | $9.19 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $29.7B | $29.2B | $16.6B |
| Operating Income | -$451.0M | -$5.3B | $1.0B |
| Net Income | - | -$6.2B | -$35.0M |
| Op. Margin | -1.5% | -18.0% | 6.2% |
| Net Margin | - | -21.2% | -0.2% |
| Balance Sheet | |||
| Total Assets | - | $46.2B | $43.3B |
| Equity | $23.1B | $16.3B | $11.7B |
| ROE | - | -37.9% | -0.3% |
| Per Share | |||
| EPS | - | $-9.34 | $-0.05 |
| Cash Flow | |||
| Operating CF | - | $752.0M | $164.0M |
| CapEx | $328.0M | $263.0M | $134.0M |
Source: XBRL data in Paramount Skydance Corporation (PSKY)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PSKY share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 34 | $1.50B |
| Q1 2026 | 32 | $1.40B |
| Q4 2025 | 34 | $2.06B |
| Q3 2025 | 33 | $2.85B |
- Dimensional Fund Advisors+2.93M (+74%)
- Goldman Sachs Group+2.70M (+71%)
- Vanguard Capital Management LLC+2.13M (+10%)
- Vanguard Portfolio Management LLC+1.98M (+15%)
- Invesco Ltd+339.8K (+1%)
- State Street Corp−6.80M (-20%)
- Citadel Advisors LLC−3.65M (-59%)
- Bank of America Corp−1.20M (-40%)
- BlackRock−935.0K (-5%)
- JPMorgan Chase & Co−606.8K (-31%)
- D.E. Shaw & Co+224.0K
- Franklin Resources+191.8K
- Two Sigma Investments+46.1K
- M&T Bank−11.7K
Source: 13F-HR filings on SEC EDGAR (aggregated from 133 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PSKY filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Oct 6, 2026 | - | - | - |
| 8-K | Oct 6, 2026 | - | - | - |
| 8-K | Oct 2, 2026 | - | - | - |
| 8-K | Oct 1, 2026 | - | Analysis | - |
| 8-K | Sep 30, 2026 | - | Analysis | - |
| 8-K | Sep 28, 2026 | - | Analysis | - |
| 8-K | Sep 25, 2026 | - | Analysis | - |
| 4 | Sep 4, 2026 | - | - | - |
| 4 | Aug 11, 2026 | - | - | - |
| 4 | Aug 11, 2026 | - | - | - |
| 10-Q | Aug 4, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 8-K | Jul 31, 2026 | - | Analysis | - |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 4 | Jul 17, 2026 | - | - | - |
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PSKY SEC filings: frequently asked questions
Which institutions hold PSKY stock?
As of June 30, 2026, the largest Paramount Skydance Corporation (PSKY) holders among the 13F filers tracked by SignalX were State Street Corp ($272.3 million), Invesco Ltd ($235.9 million), Vanguard Capital Management LLC ($221.2 million), BlackRock ($163.8 million), Morgan Stanley ($157.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PSKY's revenue in fiscal year 2025?
For the fiscal year ended August 6, 2025 (FY2025), Paramount Skydance Corporation (PSKY) reported revenue of $16.6 billion (down 43.1% from FY2024) and a net loss of $35.0 million. Diluted EPS was -$0.05. The figures come from the XBRL data in the 10-K.
What are the main risks in PSKY's latest 10-K?
In the 10-K filed February 25, 2026, Paramount Skydance Corporation (PSKY) flagged: FCC license renewal risk for CBS television stations; nonrenewal or conditions could restrict operations and force divestitures. Paramount-Skydance merger litigation ongoing; lawsuits filed, potential for substantial defense costs and management distraction. (AI summary of the Risk Factors section.)
What are the latest PSKY SEC filings?
Paramount Skydance Corporation (PSKY) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on October 6, 2026 and a Form 4 insider filing on September 4, 2026.
What is PSKY's SEC CIK number?
Paramount Skydance Corporation (PSKY)'s SEC Central Index Key (CIK) is 2041610. EDGAR lists every PSKY filing under that number.
Ask anything about PSKY
The research agent reads PSKY's filings, financials, insider trades and 13F holders, then answers with sources.