‘Late Show with Stephen Colbert’ Canceled, Will End After May 2026

Stephen Colbert will finally get to embrace the life of a morning person … ’cause he’s got one more season and then he’s leaving late-night television behind.

More specifically, CBS announced that “The Late Show with Stephen Colbert” is officially coming to an end … which, of course, means its host will need to look for new work after May 2026.

The company made the announcement Thursday … calling the move “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.”

This is the second late-night show CBS has canceled after previously axing “After Midnight,” hosted by Taylor Tomlinson. The network wanted a third season, but decided not to renew it when Tomlinson decided to focus on stand-up instead.

According to Variety, Colbert told the audience at his show on Thursday about the cancellation … so, we’ll have to wait to hear what he says tonight.