---
schema_version: "secwatch.filing_event.v1"
accession: "0002041610-26-000008"
form_type: "8-K"
ticker: "PSKY"
cik: "0002041610"
company_name: "Paramount Skydance Corp"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:30:33.395739+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0002041610-26-000008
- form_type: 8-K
- ticker: PSKY
- cik: 0002041610
- company_name: Paramount Skydance Corp
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2041610/000204161026000008/0002041610-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2041610/000204161026000008/psky-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002041610-26-000008
- JSON: https://secwatch.observer/filing/0002041610-26-000008.json
- Plain text: https://secwatch.observer/filing/0002041610-26-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.