Filing Flows › Skydance (PSKY) › Q2 2026 › vs Q2 2025
Skydance (PSKY) Q2 2026 vs Q2 2025 (year over year)
Skydance's revenue rose $64.0M (+0.9%) from $6.8B in Q2 2025 to $6.9B in Q2 2026. The biggest changes: Licensing and other +$298M (+30%); Advertising −$193M (-9%); Theatrical −$116M (-46%). Operating margin 6.9% against 5.8% (+1.0 pts).
Skydance, Q2 2026: revenue $6.9B (+0.9% year over year), operating margin 6.9%, net earnings $41.0M, operating cash flow $319M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 6.9% | 5.8% | +1.0 pts |
| Net margin | 0.6% | 0.9% | -0.3 pts |
| Free cash flow margin | 3.7% | 1.7% | +2.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Affiliate and subscription | $3.5B | $3.4B | $75.0M | +2% |
| Advertising | $2.0B | $2.2B | −$193M | -9% |
| Licensing and other | $1.3B | $998M | $298M | +30% |
| Theatrical | $138M | $254M | −$116M | -46% |
| Revenue | $6.9B | $6.8B | $64.0M | +0.9% |
| Operating profit | $475M | $399M | $76.0M | +19% |
| Costs & expenses | $6.4B | $6.5B | −$12.0M | -0.2% |
| Pre-tax earnings | $161M | $111M | $50.0M | +45% |
| Other expense, net | $314M | $288M | $26.0M | +9% |
| SG&A | $1.4B | $1.4B | $42.0M | +3% |
| Other operating costs | $5.0B | $5.0B | −$54.0M | -1% |
| Net earnings | $41.0M | $61.0M | −$20.0M | -33% |
| Income tax | $120M | $50.0M | $70.0M | +140% |
| Operating cash sources | $486M | $191M | $295M | +154% |
| Depreciation & amortization | $364M | $87.0M | $277M | +318% |
| Share-based compensation | $81.0M | $43.0M | $38.0M | +88% |
| Working capital & other | $167M | $32.0M | $135M | +422% |
| Operating cash flow | $319M | $159M | $160M | +101% |
| Free cash flow (OCF − capex) | $258M | $114M | $144M | +126% |
| Capital expenditures | $61.0M | $45.0M | $16.0M | +36% |
Questions
How much did Skydance's revenue grow year over year in Q2 2026?
Skydance's revenue rose $64.0M (+0.9%) from $6.8B in Q2 2025 to $6.9B in Q2 2026.
What drove Skydance's revenue change in Q2 2026?
Licensing and other +$298M (+30%); Advertising −$193M (-9%); Theatrical −$116M (-46%).