greeksoup/ stock research

Skydance (PSKY) Q3 FY2025 earnings: revenue $6.7 billion, down 0.4% on the year

The filings did not come through on the latest nightly rebuild, so these figures are as published on 24 October 2026. The page is rebuilt every night.

Skydance Corp. (PSKY) reported revenue of $6.7 billion for Q3 FY2025, the quarter ended 30 September 2025, down 0.4% on the same quarter a year earlier. Net income was -$257 million. The figures are the company's own, from the 10-Q it filed with the SEC on 10 November 2025.

Revenue$6.7 billiondown 0.4%
Net income-$257 million
Diluted EPSn/a
QuarterQ3 FY2025ended 30 September 2025

What management said

Guidance figures: 1 raised.

  • Pro forma revenue flat year-over-year: Pro forma Q3 revenue was $6.7 billion, flat with the predecessor company's Q3 2024 revenue. Reported profit is split at the August 6, 2025 deal close.
  • DTC revenue grew 17%: Pro forma DTC revenue rose 17% year-over-year. Paramount+ revenue rose 24% and makes up over 80% of DTC revenue.
  • TV Media advertising fell 12%: TV Media advertising declined 12% year-over-year, including an eight-point headwind from political spending and a 2024 comparison with previously underreported partner revenue.
Read the earnings call summary

The quarter, against the one before and a year earlier

LineQ3 FY2025Q2 FY2025Q3 FY2024Change on the year
Revenue6,7026,8496,731-0.4%
Selling, general and administrative1,4071,4011,531-8.1%
Operating income324399337-3.9%
Operating margin4.8%5.8%5.0%
Interest expense223214209+6.7%
Pre-tax income1140.0120-5.0%
Income tax-14450.045.0n/a
Effective tax rate-126.3%n/a37.5%
Net income-25757.01.0n/a
Net margin-3.8%0.8%0.0%
Diluted EPSn/a$0.08$0.00n/a
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

LineQ3 FY2025Q2 FY2025Q3 FY2024Change on the year
Operating cash flow93.0159265-64.9%
Capital expenditure78.045.051.0+52.9%
Free cash flow15.0114214-93.0%
Free cash flow margin0.2%1.7%3.2%
Cash from investing-134-115-120n/a
Cash from financing-819-22.0-61.0n/a
Depreciation and amortisation25587.096.0+165.6%
Share-based compensation85.043.066.0+28.8%
Dividends paid64.034.034.0+88.2%
Dividend per sharen/a$0.05$0.05n/a
Diluted shares, weightedn/a680m670mn/a
Shares outstanding at period end1,072mn/an/an/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

LineQ3 FY2025Q2 FY2025Q3 FY2024Change on the year
Shareholders' equity12,00516,70516,628-27.8%
Non-controlling interest1,266406447+183.2%
Debt13,63314,51414,620-6.8%
Operating lease liabilities1,1009931,076+2.2%
Other liabilities15,17712,30813,479+12.6%
Total liabilities and equity43,18144,92646,250-6.6%
Fixed assets2,1701,4941,545+40.5%
Goodwill98410,48810,508-90.6%
Intangible assets6,5662,2492,450+168.0%
Cash and equivalents3,2632,7392,443+33.6%
Receivables6,3026,2916,327-0.4%
Other assets23,89621,66522,977+4.0%
Total assets43,18144,92646,250-6.6%

Questions

What was Skydance's revenue in Q3 FY2025?

Skydance (PSKY) reported revenue of $6.7 billion for Q3 FY2025, the quarter ended 30 September 2025, down 0.4% on the same quarter a year earlier.

How much did Skydance earn in Q3 FY2025?

Net loss for Q3 FY2025 was $257 million.

When did Skydance report Q3 FY2025 results?

Skydance filed its 10-Q for the quarter ended 30 September 2025 with the SEC on 10 November 2025.

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025 ‡Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue6,6108,0007,3287,7796,9168,1317,2657,6167,1337,6387,6856,8136,7317,9847,1926,8496,7028,1487,3476,913
SG&A1,5261,9911,6191,7101,6702,0341,7531,7831,7361,9731,6621,5791,5311,8861,5431,4011,4071,7691,4111,443
Operating income8792,664775819566182-1,226-250621404-417-5,318337129550399324-339616475
Operating margin13%33%11%11%8%2%-17%-3%9%5%-5%-78%5%2%8%6%5%-4%8%7%
Interest expense243241240230231230226240232222221215209215217214223228238255
Pre-tax income6162,417470519323-46.0-1,463-349376183-635-5,547120-1153340.0114-598392215
Tax rate19%14%7%25%31%n/an/an/a11%41%n/an/a38%n/a30%n/a-126%n/a40%56%
Net income5382,05843341923121.0-1,118-299295514-554-5,4131.0-22415257.0-257-57316841.0
Net margin8%26%6%5%3%0%-15%-4%4%7%-7%-79%0%-3%2%1%-4%-7%2%1%
Diluted EPS$0.80$3.14$0.64$0.62$0.33$0.02-$1.74-$0.48$0.43$0.77-$0.87-$8.12$0.00-$0.35$0.22$0.08n/an/a$0.15$0.04
Operating cash flow-139-699397194-265-107-378-23.043244426059.026516818015993.0217185319
Capital expenditure93.012352.099.077.013071.069.073.011551.049.051.011257.045.078.011689.061.0
Free cash flow-232-82234595.0-342-237-449-92.035932920910.021456.012311415.010196.0258
Buybacks0.00.0n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Dividends paid15615915815715616016615134.038.035.033.034.037.036.034.064.057.061.056.0
Shares outstandingn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a1,072mn/an/an/a
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. ‡ Filed in two parts, up to 6 August 2025 and after it, on the old and the new accounting basis; shown added together, with per-share figures left blank. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2025, filed 10 November 2025: the filing.