Paramount Q2 revenue up 1% to $6.85B; GAAP EPS $0.08 vs ($8.12) a year ago on no impairment

Paramount Global

2025-Q2 EPS reported $0.31 revenue$14,041,000,000

Revenue $6.849B (+1% YoY); TV Media down 6% to $4.011B, DTC up 15% to $2.160B.
GAAP operating income $399M vs ($5.318B) in Q2 2024 which included $5.98B goodwill impairment.
Adjusted OIBDA $824M (-5% YoY); adjusted diluted EPS $0.46 vs $0.54.
DTC adjusted OIBDA improved $131M to $157M; Paramount+ subscribers 77.7M (down 1.3M on international hard bundle expiration).
Skydance transactions expected to close August 7, 2025; all regulatory approvals satisfied.

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