Paramount Skydance Corporation (PSKY) Revenue by Segment

Paramount Skydance revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Paramount Skydance's largest business segment was TV Media, with $3.13 billion or 45% of revenue, down 22.0% from a year earlier. Next: Direct To Consumer (36%) and Studios (19%).

By product or service, Affiliate and Subscription brought in 51%, Advertising brought in 28% and Licensing and Other brought in 19% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Direct To Consumer (+14.5%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2017.

Paramount Skydance Corporation

PSKYConsumer-Oriented Services

United States

Consumer-Oriented Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

TV MediaTV EntertainmentCable NetworksDirect To ConsumerFilmed EntertainmentLocal MediaStudiosPublishingOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
TV Media	USD 3.13B	45.2%	-22.0%
Direct To Consumer	USD 2.47B	35.8%	+14.5%
Studios	USD 1.31B	19.0%	–
Intersegment eliminationsi	-USD 3.00M		–

Sum of items USD 6.92B; corporate items and eliminations -USD 3.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17	Q2 FY17	Q1 FY17
TV Media	3.1B	3.7B	–	2.4B	4.0B	4.5B	5.0B	4.3B	4.3B	5.2B	5.2B	4.6B	5.2B	5.2B	5.9B	4.9B	5.3B	5.6B	–	5.2B	5.2B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
TV Entertainment	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.7B	–	–	6.0B	3.1B	2.4B	2.3B	2.9B	3.1B	2.5B	2.9B	3.4B	2.8B	2.2B	2.4B	2.8B	2.9B	1.8B	2.2B	2.4B
Cable Networks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.0B	–	–	–	3.4B	3.1B	3.2B	2.9B	3.1B	3.3B	3.2B	2.9B	551.0M	529.0M	553.0M	571.0M	508.0M	805.0M	537.0M	505.0M
Direct To Consumer	2.5B	2.4B	–	1.3B	2.2B	2.0B	2.0B	1.9B	1.9B	1.9B	1.9B	1.7B	1.7B	1.5B	1.4B	1.2B	1.2B	1.1B	–	890.0M	767.0M	598.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Filmed Entertainment	–	–	–	480.0M	690.0M	627.0M	1.1B	590.0M	679.0M	605.0M	647.0M	891.0M	831.0M	588.0M	936.0M	783.0M	1.4B	624.0M	826.0M	530.0M	603.0M	860.0M	–	590.0M	647.0M	811.0M	532.0M	851.0M	877.0M	730.0M	–	–	–	–	–	–	–	–
Local Media	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	561.0M	434.0M	420.0M	415.0M	450.0M	397.0M	412.0M	409.0M
Studios	1.3B	1.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Publishing	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	217.0M	–	164.0M	218.0M	240.0M	207.0M	160.0M	235.0M	228.0M	206.0M	161.0M
Intersegment eliminations	- 3.0M	–	–	- 11.0M	- 12.0M	- 17.0M	- 89.0M	- 17.0M	- 17.0M	- 30.0M	- 46.0M	- 17.0M	- 37.0M	- 26.0M	- 84.0M	- 41.0M	- 33.0M	- 30.0M	–	- 30.0M	- 25.0M	- 39.0M	256.0M	–	–	–	–	- 113.0M	–	- 109.0M	- 147.0M	- 139.0M	- 123.0M	- 144.0M	–	–	–	–

Paramount Skydance revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
TV Media	$3.1B	$3.7B	$2.4B	$4.0B	45%
Direct To Consumer	$2.5B	$2.4B	$1.3B	$2.2B	36%
Studios	$1.3B	$1.3B	–	–	19%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Paramount Skydance revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Affiliate and Subscription	$3.5B	$3.5B	$2.0B	$3.4B	51%
Advertising	$2.0B	$2.4B	$1.3B	$2.2B	28%
Licensing and Other	$1.3B	$1.3B	$775.0M	$998.0M	19%
Theatrical	$138.0M	$152.0M	$39.0M	$254.0M	2%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Paramount Skydance's business segments?

TV Media, Direct To Consumer and Studios (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Paramount Skydance?

TV Media: $3.13 billion, or 45% of revenue, in Q2 fiscal 2026.

What are Paramount Skydance's main products and services?

By revenue in Q2 fiscal 2026: Affiliate and Subscription (51%), Advertising (28%), Licensing and Other (19%) and Theatrical (2%).

MoreParamount Skydance stock overview Paramount Skydance financials Paramount Skydance executive team

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.