Paramount Skydance posted $8.15B Q4 2025 revenue, grew streaming and subscribers, and expects $30B in 2026 despite a $339M loss.

Paramount Skydance reported $8.15 billion in revenue in Q4 2025, a 2% increase year on year, driven by a 10% increase in streaming revenue to $2.2 billion and a 17% increase in Paramount+ subscriptions, which now total 79 million paid users. Despite a 5% drop in TV media revenue due to cord-cutting and lower ad spending, the company reported a $339 million operating loss, primarily due to restructuring costs, though adjusted OIBDA increased 51%. Paramount expects $30 billion in total revenue in 2026, driven by over 15 theatrical releases, expanded streaming content, and a stronger UFC partnership. The company aims to save $3 billion in costs by 2027 and is in talks with Warner Bros. Discovery about a $31 per share bid, all while reaffirming its standalone growth strategy.