Skydance Sets November 9 for Results, Targets at Least $6 Billion in Annual Savings
Key Facts
Skydance set November 9, 2026, for the release of its third-quarter results, with an investor call scheduled for 5 p.m. Eastern time, according to an investor relations announcement. The date comes after the company’s acquisition of Warner, in the first earnings season following the formation of the expanded media group. However, the actual results and the net income and revenue figures cited in reports that could not be verified were not confirmed. As a result, no third-quarter earnings figure can be established or described as a confirmed financial result. The announcement is significant because it will give investors the company’s first official update on performance since the acquisition was completed.
The company says its annual revenue after the acquisition is about $70 billion, according to the Associated Press. In a historical comparison, combined revenue for Paramount Skydance and Warner was $65.3 billion in the 12 months ended June 2026, according to FactSet data cited by the news agency. Those figures describe annual revenue or the prior period and do not represent reported third-quarter results. Before the acquisition, Paramount Skydance reported revenue of $6.91 billion in the second quarter of 2026, up 1% year over year. The company attributed that at the time to growth at Paramount+ and higher licensing revenue.
Streaming figures recorded before the acquisition reflect the expansion of Paramount+’s subscriber base. Subscribers totaled 81.6 million on June 30, 2026, compared with 76.8 million on the same date in 2025, according to a company filing. The group now includes the HBO Max and Paramount+ streaming services, as well as CNN and CBS News, the Associated Press reported. The entity thus brings broadcast television, news and entertainment assets together in one portfolio. The latest performance figures for these assets after the acquisition will become clear in the company’s financial disclosures.
Before the acquisition, the company reported net income attributable to the parent company of $209 million for the six months ended June 30, 2026. The figure provides background on Paramount Skydance’s results before the deal, but does not describe earnings for the group after Warner was added. The company also announced a target of at least $6 billion in annualized operating savings over three years, according to an investor relations statement. Achieving that target is part of the post-deal asset integration plan, while the upcoming results offer an opportunity to update investors on progress. No new update to the target could be verified from the available information.