Filing Flows › Skydance (PSKY) › Q2 2026
Skydance (PSKY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Skydance (PSKY) reported revenue of $6.9B for the second quarter 2026 (Q2 2026), +0.9% from a year earlier and -6% from the quarter before. Operating margin was 6.9%, net earnings $41.0M (0.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.9B | -6% | +0.9% |
| Operating profit | $475M | -23% | +19% |
| Net earnings | $41.0M | -77% | -33% |
| Operating cash flow | $319M | +72% | +101% |
| Free cash flow | $258M | +169% | +126% |
What changed
Revenue was $6.9B in Q2 2026, up 1% year over year and down 6% from the previous quarter. Affiliate and subscription was the largest line at 51% of revenue. Licensing and other added $0.30B year over year (up 30%), 466% of the total change. Theatrical declined 46%.
Operating profit was $0.47B, a 6.9% margin (up 1.0 points year over year). Of the extra revenue versus Q2 2025, 119% reached operating profit, above the 6% margin then. Total costs fell 0% while revenue rose 1%. Net earnings were $0.04B, down 28% year over year. The effective tax rate was 74.5%.
Operating cash flow was $0.32B (up 101% year over year), 778% of net earnings. Non-cash charges added back $0.36B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.06B left free cash flow of $0.26B.
Questions
What was Skydance's revenue in the second quarter 2026?
Skydance (PSKY) reported revenue of $6.9B for the second quarter 2026 (Q2 2026), +0.9% from a year earlier and -6% from the quarter before.
Was Skydance profitable in the second quarter 2026?
Operating profit was $475M (6.9% of revenue) and net earnings $41.0M.
Source: Skydance 10-Q on SEC EDGAR.