Logo

PSKY

Paramount Skydance Corporation Class B Common Stock

PSKY

Paramount Skydance Corporation Class B Common Stock • NASDAQ
$16.02 ▲ 1.46% (+0.23)
Market Cap $11.80 B
52w High $20.86
52w Low $9.95
Dividend Yield 0.20%
P/E 534
Volume 2.77M
Outstanding Shares 736.31M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $6.731B ▼ $2.052B ▲ $165M ▲ 2.451% ▲ $0.25 ▲ $425M ▼
Q2-2025 $6.849B ▼ $1.826B ▲ $57M ▼ 0.832% ▼ $0.084 ▼ $479M ▼
Q1-2025 $7.192B ▼ $1.681B ▼ $152M ▲ 2.113% ▲ $0.23 ▲ $639M ▲
Q4-2024 $7.984B ▲ $2.163B ▲ $-224M ▼ -2.806% ▼ $-0.36 ▼ $195M ▼
Q3-2024 $6.731B $2.052B $1M 0.015% $0.002 $425M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.263B ▲ $43.181B ▼ $29.91B ▲ $12.005B ▼
Q2-2025 $2.739B ▲ $44.926B ▼ $27.815B ▼ $16.705B ▲
Q1-2025 $2.673B ▲ $45.396B ▼ $28.468B ▼ $16.538B ▲
Q4-2024 $2.661B ▲ $46.172B ▼ $29.39B ▲ $16.32B ▼
Q3-2024 $2.443B $46.25B $29.175B $16.628B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $39M ▼ $265M ▲ $-23M ▲ $-158M ▼ $128M ▲ $214M ▲
Q2-2025 $61M ▼ $159M ▼ $-115M ▼ $-22M ▲ $66M ▲ $114M ▼
Q1-2025 $161M ▲ $180M ▲ $-69M ▼ $-139M ▲ $12M ▼ $123M ▲
Q4-2024 $-236M ▼ $168M ▼ $329M ▲ $-209M ▼ $218M ▲ $56M ▼
Q3-2024 $30M $265M $-23M $-158M $128M $214M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Advertising
Advertising
 $5.03Bn ▲$2.51Bn ▼$2.15Bn ▼$1.28Bn ▼
Affiliate And Subscription
Affiliate And Subscription
 $6.58Bn ▲$3.40Bn ▼$3.44Bn ▲$2.03Bn ▼
Licensing And Other
Licensing And Other
 $2.64Bn ▲$1.13Bn ▼$1.00Bn ▼$780.00M ▼
Theatrical
Theatrical
 $550.00M ▲$150.00M ▼$250.00M ▲$40.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly steady over the past few years, hovering in the same broad range and not collapsing, which is a positive sign for the brand and its content demand. The real issue is profitability: margins have compressed, operating profit has slid from healthy levels into sizeable losses, and net income has turned negative for two consecutive years with the most recent year notably worse. This suggests a business under pressure from high content, technology, and restructuring costs, plus a tough competitive streaming environment. The core story here is: the company can still attract revenue, but is struggling to convert that revenue into profit.

Balance Sheet

Balance Sheet The balance sheet shows a business that has gradually reduced its debt burden but at the cost of a smaller asset base and weaker equity. Total assets have declined from earlier highs, hinting at write-downs, divestitures, or a more focused portfolio. Debt remains meaningful relative to the size of the company, but it is not extreme by media-industry standards. Shareholders’ equity, however, has eroded recently, reflecting cumulative losses and possibly impairments. Financial flexibility is present but not abundant; there is room to maneuver, yet not enough to comfortably absorb many more years of weak profitability without changes.

Cash Flow

Cash Flow Despite accounting losses, the company continues to generate positive cash from its operations, which is an important stabilizing factor. Free cash flow has stayed mostly positive over the last five years, helped by disciplined and fairly modest capital spending. This indicates that some of the reported losses are driven by non-cash charges and that the underlying cash engine, while not strong, is still functioning. However, cash generation is not robust; it looks sufficient to keep the lights on and fund selective investments, but not so strong that it can easily finance large-scale expansions or major acquisitions without external capital.

Competitive Edge

Competitive Edge Paramount Skydance combines a deep, historic catalog of well-known film and TV franchises with a broad distribution footprint across broadcast, cable, and streaming. This gives it valuable bargaining power with partners and a steady pipeline of recognizable brands that can be refreshed and extended. The planned unification of its streaming platforms and development of its own ad-tech should make it more competitive against larger streaming rivals. At the same time, it faces intense competition from global tech and media giants with larger budgets and stronger balance sheets, and it must manage the complex task of turning legacy TV assets into a truly modern, digital-first business.

Innovation and R&D

Innovation and R&D The company is leaning heavily into technology as a differentiator, pushing cloud-based production, AI-assisted content creation and localization, and a unified streaming stack. These initiatives aim to cut costs, speed up production, and make its streaming services more engaging and personalized. It is also actively extending its franchises across films, series, animation, gaming, and sports content, which can deepen fan engagement and open new revenue streams. The upside is considerable if these projects are executed well; the risk is that they require sustained investment and disciplined management at a time when financial results are under pressure.

Summary

Overall, Paramount Skydance looks like a strategically valuable entertainment and media platform with strong franchises and serious technology ambitions, but it is currently in a financially challenging transition. Revenue is holding up, yet profits have deteriorated sharply and equity has weakened, even as cash flow remains modestly positive. The long-term story turns on whether management can successfully integrate the new tech-forward strategy, streamline costs, and unlock more value from its content library and streaming assets without overextending the balance sheet. Execution over the next few years will matter far more than legacy strengths alone.

NEWS

November 27, 2025 · 7:00 AM UTC

PARAMOUNT+ INTRODUCES THE CANADA SHORE CAST AS SERIES DEBUT SET FOR JANUARY 22, 2026

Read more

November 20, 2025 · 11:45 AM UTC

BFGoodrich Tires, Paramount+ partner on Season 2 of "Landman"

Read more

November 19, 2025 · 9:00 AM UTC

ADVENT ALLEN ENTERTAINMENT AND SIMTEC SYSTEMS TEAM UP TO CREATE THE SPECTACULAR "TOP GUN" THRILL RIDE

Read more

November 10, 2025 · 4:01 PM UTC

PARAMOUNT REPORTS THIRD QUARTER 2025 EARNINGS RESULTS

Read more

November 6, 2025 · 10:18 AM UTC

Wolverine Puts Boots on the Ground in "Landman" for a New Partnership with Paramount+'s Blockbuster Hit

Read more