Skydance reports its third-quarter 2026 results after the US market closes on Monday, 9 November, in its first formal update since its combination with Warner Bros. Discovery closed on 6 October. The company will hold its earnings call at 5pm Eastern time, giving investors their first chance to assess the enlarged group and its priorities under the new structure.

The deal puts the spotlight on integration. Skydance is targeting more than $6 billion in run-rate synergies over three years from the combination, although the company has cautioned that the integration, synergy and leverage targets may take longer than expected, or may not be achieved at all.

What the last quarter showed

For the quarter to June 2026, Skydance reported revenue of $6.91 billion, up by about 1% on a year earlier, with operating income of $475 million, up 19% on a year earlier. Net income was $41 million, down from $57 million in the same quarter last year. The shares closed at $8.01 on Friday, 6 November. The company had previously told investors that cash improvement after transformation costs was a key watch item for the period.

The report is the first to be published after the closing, so the way the company presents the combined business, and what it says about cash and costs, will matter as much as the headline figures.