Short answer
Paramount Skydance Corporation (PSKY) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $4.1B with net income of −$13M.
Q3 2025 key financials · XBRL
- Revenue
- $4.1B
- Net income
- −$13M
- Operating margin
- 5.9%
- EPS (diluted)
- −$0.01
Source: XBRL data from the Paramount Skydance Corporation (PSKY) Q3 2025 10-Q on SEC EDGAR. USD.
Paramount Skydance Corporation Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $4.12B for Q3 2025 (Successor) vs $6.73B for Q3 2024, down $2.61B or 39%; pro forma combined revenues down 3% YoY
- Adjusted OIBDA and operating income not provided for Q3 2025; nine months ended Sep 30, 2025 operating income $1.03B vs loss of $5.40B in 2024
- TV Media segment revenues down 12% YoY pro forma in Q3 2025; affiliate & subscription revenues down 7%, advertising down 12%; Direct-to-Consumer revenues grew 26% YoY pro forma driven by 7.2M subscriber increase to 79.1M
- Net loss from continuing operations attributable to parent $13M in Q3 2025 vs $4M loss in Q3 2024; diluted EPS $(0.01) vs $(0.01) same quarter last year
- Cash and cash equivalents $3.26B at Sep 30, 2025; $1.52B cash funded from PIPE Transaction used partly to repay $720M Skydance credit facility; net cash used in financing $821M Nine months 2025
- Guidance/near-term: Additional restructuring charges for severance of approx. $500M expected in Q4 2025; revenues pressured by linear advertising and political ad decline; subscriber growth and pricing increases support streaming revenue; continuing cost savings initiatives ongoing
Risk Factors
- No new or changed risk factors compared to Paramount Global 2024 10-K
- Continued exposure to content production cost volatility impacting margins
- Regulatory risks persist around global content distribution and intellectual property rights
- Competitive pressures from streaming services affecting subscriber growth and retention
- Liquidity reliant on cash flows from legacy assets and ability to manage debt maturities
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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