Paramount Skydance Q1 revenue rises 2% to $7.3 billion; diluted EPS falls to $0.15
Paramount Skydance reported first-quarter 2026 revenue of $7.3 billion, up 2% from the predecessor company's Q1 2025, and net earnings of $168 million, up from $152 million. Diluted EPS fell to $0.15 from $0.22, and weighted average diluted shares rose to 1,118 million from 678 million. The company reaffirmed its full-year 2026 outlook of $30 billion in revenue and $3.8 billion in adjusted EBITDA.
Key points
- Q1 operating income was $616 million (8% margin), including $103 million of transaction-related costs.
- Net earnings were $168 million versus $152 million a year earlier; diluted EPS was $0.15 versus $0.22.
- Q2 2026 outlook: revenue of $6.75 billion to $6.95 billion and adjusted EBITDA of $0.9 billion to $1.0 billion.
- The pending Warner Bros. Discovery acquisition is targeted to close by the end of Q3 2026; WBD shareholders approved the merger agreement on April 23.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.