earnings
confidence high
sentiment positive
materiality 0.80
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 2.02item 9.01