NASDAQ$PSKY

Paramount Skydance Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Paramount's Q4 2021 earnings were released, showing a 16% increase in total company revenue and a significant rise in global streaming subscribers.

Paramount reported a strong Q4 2021, with total company revenue increasing by 16% year-over-year. Global streaming revenue grew by 48%, driven by subscription and advertising growth, with a record addition of 9.4 million global streaming subscribers. The company's financial position was strengthened by generating $2.3 billion from non-core asset dispositions.

  • Total company revenue increased 16% year-over-year, reflecting growth across all revenue types.
  • Global streaming revenue grew 48% year-over-year, driven by strength in subscription and advertising.
  • Added a record 9.4M global streaming subscribers, overwhelmingly led by Paramount+, to reach over 56M subscribers.
  • Generated $2.3B of net proceeds from non-core asset dispositions, strengthening the financial position.

Headline financials

Total Revenue

$8B

Previous: $6.87B+16.4%
EPS (adj)

$0.26

Previous: $1.04-75.0%
Adjusted OIBDA

$557M

Previous: $1.18B-52.9%
Paramount+ Subscribers

32.8M

Previous: 30.0M+9.3%
Capital Expenditures

$123M

Previous: $111M+10.8%
Free Cash Flow

-$822M

Previous: -$453M-81.5%
Net Income

$2.06B

Previous: $783M+162.8%
Operating Income

$2.66B

Previous: $1.08B+146.0%
Gross Profit

$2.55B

Previous: $2.42B+5.4%
Cash & Equivalents

$6.27B

Previous: $2.98B+110.0%
Total Assets

$58.6B

Previous: $52.7B+11.3%
Stock-Based Comp

$38M

Previous: $83M-54.2%

Revenue & EPS history

Paramount · Revenue · Quarterly

$8B

Q4 2021+16.4%vs Q4 2020
Beat estimate in 8 of 12 quarters(67%)
ActualEstimate

Revenue by segment

Paramount · $5.83B total across 3 segments · Q4 2021

  • TV Media
    $3.69B+18.5%
  • Direct-to-Consumer
    $1.32B—
  • Filmed Entertainment
    $826M+60.7%

Forward guidance

No specific forward guidance was provided in the document.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.8%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-2.7%

Avg return

30 days after

60%

24 / 40 earnings

Positive

+10.4%

Q3 2023

Best reaction

-28.4%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026———
Q1 2026+0.4%-0.1%-6.5%
Q4 2025+10.0%+22.5%-13.5%
Q3 2025-0.5%-2.4%+3.6%
Q2 2025-5.5%-11.7%+10.5%
Q1 2025+2.2%+1.1%+2.1%
Q4 2024+0.2%+2.3%+3.0%
Q3 2024-4.0%-3.2%-4.7%
Q2 2024-2.4%-1.6%-3.5%
Q1 2024+2.9%+8.2%-1.8%
Q4 2023-1.7%-8.4%+4.6%
Q3 2023+10.4%+18.9%+46.1%
Q2 2023+2.9%-2.3%-14.3%
Q1 2023-28.4%-27.8%-32.7%
Q4 2022-4.2%-6.6%-19.7%
Q3 2022-12.4%-14.6%+6.3%
Q2 2022+1.1%-1.4%-7.7%
Q1 2022-1.3%-7.8%+3.8%
Q4 2021+2.7%-19.0%+5.3%
Q3 2021-4.4%-5.5%-17.3%
Q2 2021+7.1%+5.1%+6.4%
Q1 2021-2.4%+1.0%+6.6%
Q4 2020+1.9%+4.3%-25.1%
Q3 2020-6.4%-3.5%+18.1%
Q2 2020+3.4%+2.0%+10.6%
Q1 2020+10.3%+22.6%+66.8%
Q4 2019-17.9%-28.9%-66.4%
Q2 2019-17.9%-28.9%-66.4%
Q3 2019-3.6%-1.6%-3.6%
Q1 2019-1.4%-5.2%-5.6%
Q4 2018+3.1%+4.3%-2.9%
Q2 2018+3.1%+4.3%-2.9%
Q3 2018+2.0%+0.8%-5.5%
Q1 2018+9.1%+5.5%+2.5%
Q4 2017+1.6%-0.5%-9.3%
Q2 2017+1.6%-0.5%-9.3%
Q3 2017+2.8%+2.4%+3.7%
Q1 2017+0.6%+0.2%-3.4%
Q2 2016+0.4%+2.6%+2.3%
Q4 2016+0.4%+2.6%+2.3%
Q3 2016+0.6%+4.7%+9.1%
Q1 2016———
Q2 2015———
Q4 2015———
Q3 2015———
Q1 2015———
Q2 2014———
Q4 2014———
Q3 2014———
Q1 2014———
Q4 2013———
Q2 2013———
Q3 2013———
Q1 2013———
Q4 2012———
Q4 2011———
Q2 2012———
Q3 2012———
Q1 2012———
Q2 2011———
Q3 2011———
Q1 2011———
Q1 2009———
Q4 2010———
Q4 2007———
Q3 2010———
Q2 2010———
Q1 2010———
Q4 2009———
Q2 2009———
Q3 2008———
Q3 2009———
Q4 2008———
Q2 2008———

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