“The Late Show with Stephen Colbert” will end in May 2026, Colbert and CBS announced on Thursday. The company said it will retire “The Late Show” franchise, and called it “purely a financial decision.”
“‘THE LATE SHOW with STEPHEN COLBERT’ will end its historic run in May 2026 at the end of the broadcast season,” the company said in a statement. “We consider Stephen Colbert irreplaceable and will retire ‘THE LATE SHOW’ franchise at that time. We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television.”
“This is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount,” the company added.
Colbert broke the news to the audience during Thursday’s taping.
“I want to let you know something I found out just last night. Next year will be our last season. The network will be ending ‘The Late Show’ in May,” he said.
Paramount is the parent company of CBS News.
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