Paramount Skydance Q4 net loss $573M; 2026 revenue guidance $30B, 4% growth

Paramount Skydance Corp

2025-FY EPS reported -$0.53 vs consensus -$0.01 ▼ miss (-5992.0%)

Q4 total revenue $8.15B (+2% YoY); operating loss $339M; net loss $573M ($0.52 diluted EPS loss).
DTC revenue grew 10% YoY to $2.21B; Paramount+ subscribers 78.9M (up 1M QoQ) after excluding free trials.
2026 outlook: revenue $30B (+4% YoY), Adj EBITDA $3.8B (12.7% margin), DTC primary growth driver.
Efficiency plan: on track to deliver at least $3B through 2027; >$2.5B run-rate efficiencies by end of 2026.
UFC partnership launched Jan 2026; Paramount+ saw highest global view hours ever with UFC 324.

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