Skydance PSKY
Skydance reports $73 million net income for Q3 2026
Skydance (PSKY) filed a 10-Q with the SEC on Nov 9, 2026, 5:15 pm ET. Source: the filing on SEC EDGAR.
Quarterly report, 3 new risk factors
- Form
- 10-Q
- Filed
- Importance
- Major
- Accession
- 0002041610-26-000067
- Revenue: $7.03 billion for the three months ended Sep 30, 2026
- Net income: $73 million for the three months ended Sep 30, 2026
- Diluted EPS: $0.06 for the three months ended Sep 30, 2026
- Cash and equivalents: $1.38 billion at Sep 30, 2026
Written from the 10-Q on EDGAR. AI can make mistakes. Check the filing.
What changed since last quarter
3 new risk factors · 4 removed · 12 new legal mentions
Compared with the 10-Q for the period ended Jun 30, 2026.
| This filing | Previous | Change vs prior 10-Q | |
|---|---|---|---|
| Revenue | $7.03B | $6.91B | +1.6% |
| Operating income and margin | $368M · 5.2% | $475M · 6.9% | −23%, margin −1.7 pts |
| Net income | $73M | $41M | +78% |
| Operating cash flow | $123M | $319M | −61% |
| Cash | $1.38B | $1.63B | −15% |
| Backlog (remaining performance obligations) | $6B | $6B | 0% |
New risk factors (3)
- WBD Merger and our issuance on October 13, 2026 of warrants to purchase shares of our Class B Common Stock (the "Warrants") could adversely affect our business, financial condition or results of operations. Capitalized terms used in the section entitled "Risks Relating to the Warrants" but not defined in that section… +10 more paragraphs
- The WBD Merger could cause disruptions to our business or commercial relationships, including those of the +2 more paragraphs
- Matters—Litigation Relating to the WBD Merger," and Part II, Item 1, "Legal Proceedings," for additional information regarding certain pending WBD Merger litigation and related proceedings. +91 more paragraphs
Removed risk factors (4)
- WBD Merger could adversely affect our business, financial condition or results of operations before and after the completion of the WBD Merger.
- The proposed WBD Merger could cause disruptions to our business or commercial relationships, or those of WBD, which could have an adverse impact on our and WBD's business, financial condition or results of operations.
- Failure to consummate the WBD Merger could negatively impact our business, financial condition, results of operations and stock price. +37 more paragraphs
- WBD Merger. See Note 14 to the consolidated financial statements appearing in Item 1 of Part I of this Quarterly +1 more paragraph
New legal mentions (12)
- On September 30, 2026, the Consent Decree (the "States Consent Decree") amongst the Company, WBD and twelve states (collectively, the "Plaintiff States") went into effect in connection with resolving the lawsuit filed by the Plaintiff States captioned State of California et al. v. Paramount Skydance Corp. et al., and… +1 more paragraph
- In August 2026, the plaintiffs filed an amended complaint, which we moved to dismiss the same month. +7 more paragraphs
- On September 21, 2026, the plaintiff-states, the Company, and WBD filed a proposed consent decree with the Court that would resolve the plaintiff-states' claims. +2 more paragraphs
- On September 21, 2026, the WGA, the Company, and WBD announced that they had entered into a settlement agreement resolving the WGA's claims and filed a voluntary dismissal of the WGA's claims with prejudice.
- 2026, the plaintiff filed an amended complaint and again asked the Court to expedite the proceedings. +2 more paragraphs
- and 7 more in the filing