---
schema_version: "secwatch.filing_event.v1"
accession: "0002041610-26-000022"
form_type: "8-K"
ticker: "PSKY"
cik: "0002041610"
company_name: "Paramount Skydance Corp"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-15T00:06:35.053290+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0002041610-26-000022
- form_type: 8-K
- ticker: PSKY
- cik: 0002041610
- company_name: Paramount Skydance Corp
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/2041610/000204161026000022/0002041610-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2041610/000204161026000022/psky-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002041610-26-000022
- JSON: https://secwatch.observer/filing/0002041610-26-000022.json
- Plain text: https://secwatch.observer/filing/0002041610-26-000022.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2041610/000204161026000022/0002041610-26-000022-index.htm

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