Paramount Skydance posts Q3 net loss of $257M; 2026 revenue target $30B, efficiency goal raised to $3B

Paramount Skydance Corp

2025-Q3 EPS reported -$0.01 vs consensus $0.39 ▼ miss (-102.6%)

Q3 combined revenue $6.7B (flat YoY); adjusted OIBDA $952M (+11%); net loss of $257M vs $1M profit.
2026 guidance: revenue $30B, adj. OIBDA $3.5B; DTC profitable in 2025 with growth in 2026.
Efficiency target raised to at least $3B run-rate; $1.4B in savings executed by end-2025.
Workforce reduction of ~1,000; ~1,600 from divestitures (Telefe, Chilevision); ~600 voluntary severance.
Paramount+ US price hike Q1 2026; 2025 film slate underperformed; theatrical output to 15+ films/year.

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