Paramount+ Ended Q3 2025 With 79.1 Million Subscribers

Paramount+ ended the third quarter of 2025 with 79.1 million subscribers. The update confirms a subscriber increase on the previous quarter and year.

Considering Paramount+ ended the second quarter of 2025 with 77.7 million subscribers, the streaming service managed to add around 1.4 million subscribers between July and September.

After ending the third quarter of 2024 with 71.9 million, Paramount+ has also seen an increase of 7.2 million subscribers on a year-over-year basis.

In spite of the seemingly positive quarterly and annual increases in subscriber numbers, the streaming service did encounter a decline in subscribers at the start of the year.

When taking into account that Paramount+ ended the first quarter of the year with 79 million subscribers, the streaming service has only seen a slight increase in subscribers so far this year.

Paramount also reported a 17% year-over-year increase in revenue, primarily driven by a 24% increase in Paramount+ revenue.

It is possible that Paramount+ will report a decline in subscribers for the next quarter.

As part of a range of changes designed to optimize its distribution strategy, Paramount plans to retire free trials soon, and beginning with its Q4 2025 reporting, the company will stop reporting users on a free trial as subscribers.

Depending on how many subscribers Paramount+ manages to add during the current quarter, if any, this change could result in a reported subscriber drop during the fourth quarter.

According to Paramount, there was a total of 1.2 million free trial subscribers at the end of Q3, 2025.

It is also possible that we may see another subscriber decline in the first calendar quarter of 2026. In addition to retiring free trials, Paramount has confirmed the new year will bring with it another price increase, affecting both ad-supported and ad-free plans, as well as both monthly and annual subscriptions.