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Financial statements

Paramount Skydance Corp financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Paramount Skydance Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025
Revenue29,65229,213
Selling, general and administrative7,2456,658
Selling and marketing3,2502,800
Operating income-451-5,269
Interest expense920860
Interest income137151
Other non-operating income-216-182
Pre-tax income-1,253-6,177
Income tax-361-305
Income from continuing operations-1,284-6,204
Net income to minority interests3241
Net income-608-6,190
EBITDA-33-4,877
EPS, basic-1.02-9.34
EPS, diluted-1.02-9.34
Shares, basic (weighted)652664
Shares, diluted (weighted)652664
Dividend per share0.390.20

Balance sheet

FY2023FY2025
Cash and equivalents2,661
Receivables6,920
Other current assets1,532
Total current assets12,542
Property, plant and equipment1,566
Lease right-of-use assets1,012
Goodwill16,51610,508
Intangible assets2,406
Other non-current assets2,828
Total assets46,172
Accounts payable953
Accrued liabilities2,199
Deferred revenue825
Short-term debt0
Total current liabilities9,631
Long-term debt14,501
Lease liabilities1,048
Other non-current liabilities1,380
Total liabilities29,390
Total debt14,501
Paid-in capital33,394
Retained earnings7,487
Treasury stock-22,958
Other comprehensive income-1,604
Shareholders' equity16,320
Minority interests462
Total equity23,05016,782
Total liabilities and equity46,172

Cash flow statement

FY2023FY2025
Net income-576-6,149
Depreciation and amortization418392
Stock-based compensation177245
Deferred income tax-650-630
Change in payables-659324
Cash from operations475752
Capital expenditures-328-263
Acquisitions00
Cash from investing94212
Debt issued450
Debt repaid-1,277-126
Dividends paid-389-139
Cash from financing-1,841-507
Exchange rate effect-1-56
Net change in cash-425201
Free cash flow147489
Interest paid901833
Income taxes paid107184

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $9.96 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-18.0%Operating income / revenue.
EBITDA margin-16.7%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-21.1%Pre-tax income / revenue.
Net margin-21.2%Net income / revenue.
FCF margin1.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin2.6%Cash from operations / revenue.
Return on equity (ROE)-37.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-13.4%Net income / average total assets.
Return on invested capital (ROIC)-14.8%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue22.8%Selling, general and administrative expense / revenue.
Stock-based pay / revenue0.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.9%Capital expenditures / revenue.
D&A / revenue1.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-1.5%Revenue vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y58.3%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y232.7%Free cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y-48.7%Dividend per share vs the same period a year earlier. Only from a positive base.
Share count change, 1y1.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.30xCurrent assets / current liabilities.
Quick ratio0.99x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.28x(Cash + short-term investments) / current liabilities.
Debt / equity0.89xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets31.4%Total debt / total assets.
Liabilities / assets63.7%Total liabilities / total assets.
Net debt$11.84BTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-6.13xOperating income / interest expense.
Working capital$2.91BCurrent assets - current liabilities.
Goodwill and intangibles / assets28.0%(Goodwill + intangible assets) / total assets.
Tangible book value$3.41BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.63xRevenue / average total assets.
Fixed asset turnover18.7xRevenue / average property, plant and equipment.
Receivables turnover4.22xRevenue / average receivables.
Days sales outstanding86 days365 x average receivables / revenue.
Capex / operating cash flow35.0%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$9.34Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$9.34Net income per basic share, as reported (split-adjusted).
Revenue per share$44.00Revenue / diluted weighted shares.
FCF per share$0.74Free cash flow / diluted weighted shares.
Operating cash flow per share$1.13Cash from operations / diluted weighted shares.
Book value per share$24.58Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$5.13Tangible book value / shares outstanding.
Cash per share$4.01(Cash + short-term investments) / shares outstanding.
Dividend per share$0.20Dividend declared per common share (paid, when declared is not tagged).
Dividends / FCF28.4%Dividends paid / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$11.17BShare price x shares outstanding.
Enterprise value$23.01BMarket cap + total debt - cash - short-term investments.
P/S0.38xMarket cap / revenue.
P/B0.68xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.28xMarket cap / tangible book value, when positive.
P/FCF22.9xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF14.9xMarket cap / cash from operations, when positive.
EV/Sales0.79xEnterprise value / revenue.
EV/FCF47.1xEnterprise value / free cash flow, when both are positive.
FCF yield4.4%Free cash flow / market cap.
Earnings yield-55.4%Net income / market cap (the inverse of P/E).
Dividend yield1.2%Dividends paid over the period / market cap.
Shareholder yield1.2%(Dividends paid + share buybacks) / market cap.
What was Paramount Skydance Corp's revenue in fiscal 2025?

Paramount Skydance Corp reported revenue of $29.21B for fiscal 2025, 1.5% lower than the year before.

Was Paramount Skydance Corp profitable in fiscal 2025?

No. It reported a net loss of $6.19B.

How much free cash flow did Paramount Skydance Corp generate in fiscal 2025?

Cash from operations of $752.0M minus capital expenditures of $263.0M left free cash flow of $489.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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