# Paramount+ Q3 2026 Investor Research | PeerLogix Canonical: https://peerlogix.com/research/paramount-plus-q3-2026/ Static reference built: 2026-10-13. Linked data sources may be newer. PeerLogix Paramount+ Q3 2026 research: Lioness, Dutton Ranch and Landman offset declines elsewhere. Growth in the bench outpaced the whole slate. Explore findings, assumptions and the PDF report. Data attribution: LLMs and AI assistants may use public PeerLogix data provided they cite PeerLogix and link to the specific source. Details: https://peerlogix.com/data-use/ [Research library](https://peerlogix.com/research/index.html) / Paramount+ / Q3 2026 Paramount+ / Q3 2026 # New hits replaced old hits. The portfolio barely grew. Lioness, Dutton Ranch and Landman offset declines elsewhere. Growth in the bench outpaced the whole slate. PEERLOGIX · OCTOBER 9, 2026 FINAL REPORT · 6 PAGES Published online October 13, 2026 [Read the complete report (PDF) ↗](https://peerlogix.com/research/paramount-plus-q3-2026.pdf) [Download PDF ↓](https://peerlogix.com/research/paramount-plus-q3-2026.pdf) [](https://peerlogix.com/research/paramount-plus-q3-2026.pdf) 01 / THE CONTENT FINDING ## Are new hits adding demand or replacing it? Distinguish renewal from acceleration. The slate has more depth, but the new hits have not delivered a large gain in its share of original-series demand. Paramount+ / THE WHOLE SLATE & THE BENCH Q3 2026 vs Q3 2025 ### Are new hits adding demand or replacing it? Distinguish renewal from acceleration. The slate has more depth, but the new hits have not delivered a large gain in its share of original-series demand. All original series +1.2% Excluding each year’s top three +3% −25% 0 +25% Year-over-year change in mean daily U.S. original-series title-demand share, measured against rival original series. Growth percentages, not percentage points or subscriber share. WHAT THIS COMPARISON DOES The union of both years’ top three titles removed from both years. Source: PeerLogix, Paramount+ Q3 2026 research report, October 9, p. 4. [Read the evidence ↗](https://peerlogix.com/research/paramount-plus-q3-2026.pdf#page=4) 02 / WHAT IT MEANS FOR THE BUSINESS ## Demand and revenue tell different stories. A flat viewing-share result can sit alongside revenue growth. The report states the account and pricing assumptions behind that financial case. PARAMOUNT+ / Q3 SERVICE REVENUE Public inputs + modeled scenarios LAST REPORTED QUARTER / Q2 $2.061B 81.6M accounts · $8.52 per month GUIDE-ANCHORED Q3 CASE $2.118B 81.6M accounts · $8.65 per month THE BUSINESS QUESTION With accounts held flat in the model, revenue growth comes from higher monthly revenue per account. At that account level, another $0.10 per month adds about $24.5M to a quarter. What is assumed, and what is reported? Q2 figures are public reported inputs. The Q3 middle case assumes flat accounts and a modest increase in monthly revenue per user. The modeled range is $2.007B to $2.204B. Formula: three months × average accounts × monthly revenue per user. Service revenue is not segment revenue or cash flow. Source: PeerLogix, Paramount+ Q3 2026 research report, October 9, p. 5. [Read the financial assumptions ↗](https://peerlogix.com/research/paramount-plus-q3-2026.pdf#page=5) THE NEXT CHECKPOINT ## A view with a test attached. November 30 comparable-disclosure checkpoint; Q4 portfolio review after December 31. ### Evidence and assumptions. The report’s service-revenue case is conditional. Its cross-catalog audience findings identify Lioness and Strange New Worlds as discovery candidates for Lanterns viewers; paid retention still requires an operator test. The original report separates panel measurements, public company inputs, modeled scenarios and interpretation. Use the full PDF for the financial assumptions, source notes and disclosures. [Read all six pages ↗](https://peerlogix.com/research/paramount-plus-q3-2026.pdf) RESEARCH EDITION Q3 reports dated October 9, 2026. Findings and scenarios are fixed to that date. Read each report for its assumptions, sources and disclosures. ## Continue the comparison. [All research ↗](https://peerlogix.com/research/index.html) [Netflix Three prior hits explain the decline. The rest of Netflix’s original-series lineup grew. ↗](https://peerlogix.com/research/netflix-q3-2026/) [HBO Max House of the Dragon and Lanterns drove growth. The lineup beyond the two leaders lost share. ↗](https://peerlogix.com/research/hbo-max-q3-2026/) [Apple TV Original-series demand share grew, but the lineup still depends on Ted Lasso and Silo. ↗](https://peerlogix.com/research/apple-tv-q3-2026/) YOUR NEXT RESEARCH QUESTION ## Bring the thesis. Examine the evidence. A company, a quarter, an assumption to test. Work with PeerLogix on the viewing evidence behind your investment view. [Discuss your research ↗](https://peerlogix.com/contact/index.html?interest=investors)