Paramount Skydance Corp. (SKYD) financial statements: income statement, balance sheet and cash flow

Paramount Skydance Corp.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2024 · FY), Paramount Skydance Corp. reported revenue of $29.2B and net income of ($6.2B).

Income statement

Paramount Skydance Corp. income statement, fiscal years

Line item	Dec 31, 2024 · FY
Revenues	$29.2B
Operating	$19.4B
Programming charges	$1.1B
Selling, general and administrative	$6.7B
Depreciation and amortization	$392.0M
Impairment charges	$6.1B
Restructuring, transaction-related items and other corporate matters	$747.0M
Total segment expenses	$34.5B
Gain on dispositions	$0
Operating income (loss)	($5.3B)
Interest expense	($860.0M)
Interest income	$151.0M
Gain (loss) from investments	($17.0M)
Gain on extinguishment of debt	$0
Other items, net	($182.0M)
Earnings (loss) from continuing operations before income taxes and equity in loss of investee companies	($6.2B)
Benefit from income taxes	$305.0M
Equity in loss of investee companies, net of tax	($291.0M)
Net earnings (loss) from continuing operations	($6.2B)
Net earnings (loss) (Parent and noncontrolling interests)	($6.1B)
Net earnings attributable to noncontrolling interests	($41.0M)
Net loss from continuing operations	($6.2B)
Net earnings from discontinued operations, net of tax	$14.0M
Net loss attributable to Parent	($6.2B)
Net loss from continuing operations (in dollars per share)	-$9.36
Net earnings from discontinued operations (in dollars per share)	$0.02
Net loss (in dollars per share)	-$9.34
Basic (in shares)	664.0M
Diluted (in shares)	664.0M

Paramount Skydance Corp. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Aug 6, 2025 · YTD	Jun 30, 2025 · Q2
Revenues	$6.9B	$7.3B	$16.6B	$0
Operating	$4.4B	$4.9B	$11.3B	—
Selling, general and administrative	$1.4B	$1.4B	$3.5B	—
Depreciation and amortization	$364.0M	$362.0M	$204.0M	—
Impairment charges	$0	—	$157.0M	—
Restructuring and transaction-related items	$188.0M	$103.0M	$454.0M	—
Total costs and expenses	$6.4B	$6.7B	$15.6B	—
Gain from dispositions	$0	$0	$35.0M	—
Operating income	$475.0M	$616.0M	$1.0B	$0
Interest expense	($255.0M)	($238.0M)	($516.0M)	—
Interest income	$29.0M	$38.0M	$83.0M	—
Other items, net	($34.0M)	($24.0M)	($92.0M)	$0
Earnings before income taxes and equity in loss of investee companies	$215.0M	$392.0M	$504.0M	—
Provision for income taxes	($120.0M)	($155.0M)	$79.0M	$0
Equity in loss of investee companies, net of tax	($54.0M)	($62.0M)	($171.0M)	—
Net earnings (Parent and noncontrolling interests)	$41.0M	$175.0M	$412.0M	—
Net earnings attributable to noncontrolling interests	$0	($7.0M)	($447.0M)	—
Net earnings attributable to Parent	$41.0M	$168.0M	($35.0M)	$0
Basic net earnings per common share attributable to Parent (in dollars per share)	$0.04	$0.15	-$0.05	$0.00
Diluted net earnings per common share attributable to Parent (in dollars per share)	$0.04	$0.15	-$0.05	$0.00
Basic (in shares)	1.1B	1.1B	674.0M	1.0K
Diluted (in shares)	1.1B	1.1B	674.0M	1.0K

Balance sheet

Paramount Skydance Corp. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY
Cash and cash equivalents	$3.3B
Receivables, net	$6.6B
Programming and other inventory	$1.5B
Prepaid expenses and other current assets	$2.0B
Total current assets	$13.3B
Property and equipment, net	$2.2B
Programming and other inventory	$15.0B
Goodwill	$1.6B
Intangible assets, net	$6.2B
Operating lease assets	$1.1B
Deferred income tax assets, net	$1.3B
Other assets	$2.6B
Total Assets	$43.3B
Accounts payable	$906.0M
Accrued expenses	$2.1B
Participants’ share and royalties payable	$2.6B
Accrued programming and production costs	$1.8B
Deferred revenues	$1.4B
Debt	$433.0M
Other current liabilities	$1.4B
Total current liabilities	$10.6B
Long-term debt	$13.2B
Participants’ share and royalties payable	$1.4B
Pension and postretirement benefit obligations	$1.2B
Deferred income tax liabilities, net	$85.0M
Operating lease liabilities	$1.1B
Programming obligations	$400.0M
Other liabilities	$2.5B
Common stock, value, issued	$1.0M
Additional paid-in capital	$13.4B
Treasury stock, at cost; — (2025) and 503 (2024) shares of Class B Common Stock	0
Retained earnings (accumulated deficit)	($1.8B)
Accumulated other comprehensive income (loss)	$59.0M
Total Parent stockholders’ equity	$11.7B
Noncontrolling interests	$1.2B
Total Equity	$12.9B
Total Liabilities and Equity	$43.3B

Paramount Skydance Corp. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$1.6B	$1.9B	$3.3B	—
Receivables, net	$6.2B	$6.8B	$6.3B	—
Programming and other inventory	$1.7B	$1.0B	$1.8B	—
Prepaid expenses and other current assets	$1.6B	$1.8B	$1.9B	—
Total current assets	$11.0B	$11.6B	$13.2B	$0
Property and equipment, net	$2.2B	$2.2B	$2.2B	—
Programming and other inventory	$15.6B	$15.5B	$15.4B	—
Goodwill	$2.0B	$1.6B	$984.0M	—
Intangible assets, net	$5.6B	$6.0B	$6.6B	—
Operating lease assets	$1.0B	$1.1B	$1.0B	—
Deferred income tax assets, net	$1.3B	$1.2B	$1.2B	—
Advance consideration for WBD acquisition	$2.8B	$2.8B	—	—
Other assets	$2.7B	$2.6B	$2.6B	$0
Total Assets	$44.4B	$44.5B	$43.2B	$0
Accounts payable	$511.0M	$707.0M	$689.0M	—
Accrued expenses	$2.2B	$1.7B	$1.8B	—
Participants’ share and royalties payable	$2.6B	$2.6B	$2.5B	—
Accrued programming and production costs	$1.8B	$1.9B	$1.8B	—
Deferred revenues	$1.5B	$1.4B	$1.6B	—
Debt	$665.0M	$662.0M	$347.0M	—
Other current liabilities	$1.4B	$1.6B	$1.1B	—
Total current liabilities	$10.6B	$10.5B	$9.9B	$0
Long-term debt	$14.5B	$14.8B	$13.3B	—
Participants’ share and royalties payable	$1.4B	$1.4B	$1.3B	—
Pension and postretirement benefit obligations	$1.2B	$1.2B	$1.3B	—
Deferred income tax liabilities, net	$68.0M	$90.0M	$221.0M	—
Operating lease liabilities	$1.0B	$1.1B	$1.1B	—
Programming obligations	$581.0M	$386.0M	$515.0M	—
Other liabilities	$2.2B	$2.2B	$2.3B	$0
Common stock, value, issued	$1.0M	$1.0M	$1.0M	$1
Additional paid-in capital	$13.3B	$13.3B	$13.2B	$0
Accumulated deficit	($1.5B)	($1.6B)	($1.2B)	$0
Accumulated other comprehensive income	$7.0M	($27.0M)	$25.0M	$0
Total Parent stockholders’ equity	$11.8B	$11.7B	$12.0B	$0
Noncontrolling interests	$1.0B	$1.0B	$1.3B	—
Total Equity	$12.8B	$12.7B	$13.3B	—
Total Liabilities and Equity	$44.4B	$44.5B	$43.2B	$0

Cash flow statement

Paramount Skydance Corp. cash flow statement, fiscal years

Line item	Dec 31, 2024 · FY
Net earnings (loss) (Parent and noncontrolling interests)	($6.1B)
Less: Net earnings from discontinued operations, net of tax	$14.0M
Net earnings (loss) from continuing operations	($6.2B)
Programming charges	$1.1B
Depreciation and amortization	$392.0M
Impairment charges	$6.1B
Amortization of content costs and participation and residuals expense	$13.9B
Deferred tax benefit	($630.0M)
Stock-based compensation	$245.0M
Gain on dispositions	$0
(Gain) loss from investments	$17.0M
Gain on extinguishment of debt	$0
Equity in loss of investee companies, net of tax and distributions	$304.0M
(Increase) decrease in receivables	$548.0M
Increase in inventory and related program, participation, and residuals liabilities	($15.8B)
Increase (decrease) in accounts payable and other liabilities	$324.0M
(Decrease) increase in pension and postretirement benefit obligations	$23.0M
Increase in income taxes	$141.0M
Other, net	$227.0M
Net cash flow provided by operating activities from continuing operations	$752.0M
Net cash flow provided by operating activities from discontinued operations	$0
Net cash flow provided by operating activities	$752.0M
Investments	($326.0M)
Capital expenditures	($263.0M)
Acquisitions, net of cash acquired	$0
Proceeds from dispositions	$554.0M
Other investing activities	($8.0M)
Net cash flow used for investing activities from continuing operations	($43.0M)
Net cash flow provided by investing activities from discontinued operations	$55.0M
Net cash flow (used for) provided by investing activities	$12.0M
Proceeds from issuance of debt	$0
Repayment of debt	($126.0M)
Repayment of Skydance credit facility	$0
Dividends paid on preferred stock	($29.0M)
Dividends paid on common stock	($139.0M)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation	-60.0M
Payments to noncontrolling interests	($127.0M)
Other financing activities	($26.0M)
Net cash flow used for financing activities	($507.0M)
Effect of exchange rate changes on cash and cash equivalents	($56.0M)
Net (decrease) increase in cash and cash equivalents	$201.0M
Cash and cash equivalents at beginning of period (Note 19)	$2.5B
Cash and cash equivalents at end of period (Note 19)	$2.7B

Paramount Skydance Corp. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Aug 6, 2025 · YTD	Jun 30, 2025 · YTD
Net earnings (Parent and noncontrolling interests)	$216.0M	$175.0M	$412.0M	—
Depreciation and amortization	$726.0M	$362.0M	$204.0M	—
Impairment charges	$0	—	$157.0M	—
Deferred tax provision	$50.0M	$37.0M	($401.0M)	—
Stock-based compensation	$161.0M	$80.0M	$113.0M	—
Gain on dispositions	$0	$0	($35.0M)	—
Equity in loss of investee companies, net of tax and distributions	$118.0M	$64.0M	$179.0M	—
Change in assets and liabilities	($767.0M)	($533.0M)	($465.0M)	$0
Net cash flow provided by operating activities	$504.0M	$185.0M	$164.0M	$0
Investments	($172.0M)	($92.0M)	($205.0M)	—
Capital expenditures	($150.0M)	($89.0M)	($134.0M)	—
Advance consideration for WBD acquisition	($2.8B)	($2.8B)	—	—
Proceeds from dispositions	$13.0M	$11.0M	$66.0M	—
Other investing activities	($6.0M)	($6.0M)	($3.0M)	—
Net cash flow used for investing activities	($3.1B)	($3.0B)	($276.0M)	$0
Borrowings under credit facility	$2.7B	$2.1B	—	—
Repayment of credit facility borrowings	($900.0M)	—	$0	—
Repayment of notes and debentures	($347.0M)	—	—	—
Dividends paid on common stock	($117.0M)	($61.0M)	($101.0M)	—
Payment of payroll taxes in lieu of issuing shares for stock-based compensation	-104.0M	-74.0M	-26.0M	—
Payments to noncontrolling interests	($189.0M)	($183.0M)	($32.0M)	—
Other financing activities	($51.0M)	($1.0M)	$0	—
Net cash flow provided by (used for) financing activities	$992.0M	$1.5B	($159.0M)	$0
Effect of exchange rate changes on cash and cash equivalents	($28.0M)	($26.0M)	$70.0M	—
Net (decrease) increase in cash and cash equivalents	($1.6B)	($1.3B)	($201.0M)	$0
Cash and cash equivalents at beginning of year	$3.3B	$3.3B	$2.7B	$0
Cash and cash equivalents at end of period	$1.6B	$1.9B	—	$0

Paramount Skydance Corp. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.