Paramount Skydance Q1 revenue $7.3B, beat forecast; DTC profit improves; WBD deal on track for Q3 close

Paramount Skydance Corp

2026-Q1 EPS reported $0.15 vs consensus $0.15 ▼ miss (-1.0%)

Q1 revenue $7.3B (+2% YoY); net income $168M, diluted EPS $0.15; adjusted EBITDA $1.161B, exceeding expectations.
DTC revenue $2.4B (+11% YoY); Paramount+ added 0.7M subs; DTC adj. EBITDA margin 10% ($251M).
TV Media adj. EBITDA $1.1B (+11% YoY, 29% margin); CBS has 13 of top 20 primetime series.
WBD acquisition progressing: $10B debt financing secured, $49B bridge syndicated; shareholder vote April 23; close expected Q3 2026.
Full-year outlook reaffirmed: $30B revenue, $3.8B adj. EBITDA; Q2 guidance $6.75B-$6.95B revenue.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Paramount Skydance Corp reported the first quarter ended March 31, 2026 results: revenue $7.3 billion. Guidance reaffirmed.

Period: the first quarter ended March 31, 2026
Revenue: $7.3 billion
Guidance: reaffirmed
Result: reported results

Exact text from the filing

by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act. --- EX-99 (EX-99) --- May 4, 2026 Summary Points : • Q1 revenue of $7.3 billion grew 2% year-over-year, with profitability exceeding our estimates for the quarter; we are reaffirming our full-year outlook of $30 billion in revenue and $3.8 billion in adj.

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Source: SEC EDGAR

accession 0002041610-26-000022

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