Paramount Skydance Corporation FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $12.3B |
| Gross margin | — not reported |
| Operating income | −$95.0M |
| Net income | −$586.0M |
| Diluted EPS | −$0.53 |
| Cash & equivalents | $3.3B |
| Total assets | $43.3B |
| Long-term debt | $13.2B |
Key takeaway
This is a transition-period 10-K covering only the Successor period from August 7 to December 31, 2025, following the completion of the Paramount-Skydance-NAI merger on August 7, 2025.
🔒 4 more takeaways in the full analysis
Beneath the surface
Net cash position is far weaker than the $3.274B cash headline suggests once weighed against $13.225B long-term debt and $13.65B total notes payable, implying net debt near $10B.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for PSKY.
Read the full analysis free Free account · 5 full analyses included · no card required