Stephen Colbert's late-night show, "The Late Show with Stephen Colbert," was officially cancelled by CBS in July 2025. The show will conclude its run and end in May 2026 after completing 10 seasons. The cancellation was announced on July 17, 2025, and CBS cited financial reasons for the decision, specifically the challenging economics of late-night television, with rising production costs and declining ad revenue and live viewership. The cancellation is not related to the show's performance or content. Colbert will continue hosting the show until it ends in May 2026, and CBS has not announced a replacement yet.