Paramount Skydance Corporation Class B Common Stock (PSKY)

Operating profit margin

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Operating income (ttm)	US$ in thousands	1,415,000	-4,302,000	-5,269,000	-4,986,000	-4,702,000	366,000	-480,000	-385,000	-440,000	629,000	2,667,000	4,824,000	5,137,000	5,544,000	6,297,000	4,610,000	4,690,000	4,750,000	4,145,000	5,017,000
Revenue (ttm)	US$ in thousands	28,756,000	28,720,000	29,213,000	28,867,000	29,269,000	30,072,000	29,652,000	30,145,000	29,928,000	30,091,000	30,154,000	30,023,000	29,717,000	28,502,000	28,586,000	26,811,000	26,317,000	26,028,000	25,285,000	35,601,000
Operating profit margin		4.92%	-14.98%	-18.04%	-17.27%	-16.06%	1.22%	-1.62%	-1.28%	-1.47%	2.09%	8.84%	16.07%	17.29%	19.45%	22.03%	17.19%	17.82%	18.25%	16.39%	14.09%

June 30, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,415,000K ÷ $28,756,000K
= 4.92%

The operating profit margin of Paramount Skydance Corporation Class B Common Stock exhibits notable fluctuations over the observed period. In the fiscal year ending September 30, 2020, the margin was 14.09%, indicating a moderate level of operating efficiency. This margin increased progressively, reaching a peak of 22.03% at the end of 2021, reflecting improved operational performance and potentially higher profitability.

However, commencing in 2022, a downward trend is apparent. By March 31, 2022, the margin decreased to 19.45%, and it continued to decline throughout 2022, reaching 8.84% by the end of that year. The pattern persisted into 2023, with margins dropping sharply to near-zero levels—2.09% in March 2023, and turning negative at -1.47% in June, further declining to -1.28% by September, and continuing into December at -1.62%. These negative figures suggest that operating expenses have begun to surpass operating revenues, indicating operational challenges and reduced efficiency.

The negative trend persisted into the first half of 2024, with the margin falling further to -16.06% in June and reaching -17.27% in September. The decline continued through December 2024 and into the first quarter of 2025, with margins at -18.04% and -14.98%, respectively. Notably, there was a recovery observed in the second quarter of 2025, when the margin turned positive again at 4.92%, suggesting a possible turnaround in operational performance.

Overall, the data indicates a period of initial operational improvement culminating in peak profitability around late 2021, followed by a significant decline into negative territory during 2022 and 2023, with some signs of recovery emerging in mid-2025. The negative margins in recent periods emphasize substantial operational challenges that the company has faced, whereas the recent positive figure in June 2025 could signal a potential operational improvement or restructuring efforts.