Industry Season 5: What We Know So Far

With less than a week left before the release of Industry’s season 4 finale, HBO and series creators Mickey Down and Konrad Kay have announced that season 4 won’t be the show’s last—a fifth installment is on the way.

“For four seasons, Industry has thrilled us while examining power, money, politics, and class,” Francesca Orsi, executive vice president of programming and the head of drama series and films at HBO, said in a statement. “Under Mickey and Konrad’s ambitious and singular vision, it has solidified itself as an important contemporary, genre-bending drama in HBO’s lineup that keeps viewers on the edge of their seat week after week.”

She continued, “It is gratifying that viewers and critics have recognized season 4 as bigger and more thrilling than ever, buoyed by career-defining performances from our magnificent cast. Alongside the amazing team under executive producer Jane Tranter at Bad Wolf and executive producer Kathleen McCaffrey at Little Gems, we are so proud we can announce the fifth season of this terrific show, which Mickey and Konrad have decided will take us to the end of Industry’s story.”

Ahead of its final season, here’s everything we know about Industry season 5.

Spoilers ahead.

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Why is Industry ending with season 5?

Down and Kay—who serve as the show’s creators, showrunners, writers, directors and executive producers—shared a statement on February 25 about their decision to finish the series after the next season, explaining that they want it to end on a high note.

“We’re privileged to have joined the small, esteemed club of dramas that have run for five seasons on HBO,” the pair wrote in a joint statement. “This March marks a decade since we first began to conceive of the world of Industry, and it exists because of the unwavering faith and vision of our partners and former partners at HBO—Casey, Frannie, Kara, Cela, Sam, Kathleen, and Max. Without Jane Tranter’s imagination and belief, the show would simply be a dead idea in a drawer somewhere. She—alongside her partners at Bad Wolf—has been our guiding light and fiercest champion. We’d also like to thank the BBC for their partnership.”

Mickey Down (L) and Kondrad Kay (R).

They continued, “For some time now we have been thinking about how best to end the show on an unparalleled high. Unlike some of our characters, we know when to leave a party. We’d like to thank our evangelical fan base, especially those who have watched from day one. Finally: we owe everything to our crew and the best cast on TV for making our writing live. The characters will live on because of their world-class performances. Seeing the HBO ident in front of our work will never stop being a thrill. It remains the best place to make television, and we look forward to continuing our collaboration well into the future.”

How did Industry cast members react to the renewal news?

Myha’la, who plays Harper Stern, reacted to the news with humor, and shared a video of a cake bursting into flames—a representation of her mindset now that the series will end soon. “Industry 5, gunna go out w a bang,” she wrote, adding that she will give the show’s final season “everything I’ve got.”

Marisa Abela, who plays Yasmin Kara-Hanani, shared Deadline’s Instagram post about the news to her Instagram Story, and added a “????” emoji.

Max Minghella, who plays Whitney Halberstram, took a similar approach and shared Down and Kay’s statement to his Instagram Story with a red heart emoji.

What will Industry season 5 be about?

Industry’s season 4 finale episode has yet to air, but episode 7 did offer some clues about what season 5 might cover: As Yasmin and Henry Muck (Kit Harington)’s marriage hits its breaking point in the wake of Tender’s scandal, Whitney confirms that Henry is facing jail time for fraud and embezzlement. Yasmin later throws Henry under the bus as she works with his uncle, Lord Norton (Andrew Havill), to arrange newspaper coverage in The Patriot, suggesting Labour Party member Lisa Dearn is to blame for the government’s involvement with Tender. The story causes a chain reaction—Lisa is forced to resign, and Henry is asked for comment. He seeks Yasmin for assistance, but she’s already resigned from her position at Tender. Can their relationship possibly survive into season 5, and if not, what’s next for them?

Meanwhile, Whitney takes off, leaving Henry to fend for himself, while the company formerly known as SternTao celebrates Harper’s successful short. But will her victory be short-lived? And even if it lasts, what’s next for their business—now that Eric (Ken Leung) is out of the picture?

Who is in the cast?

The list of cast members has yet to be announced, but expect Myha’la and Abela to return, given their reactions to the season 5 renewal news. Minghella might also be poised to reprise his role as Whitney.

It remains to be seen whether Harington, Leung, Havill, Miriam Petche, Sagar Radia, Toheeb Jimoh, Kiernan Shipka, Amy James-Kelly, Kal Penn, or additional Industry season 4 actors will appear in season 5.

When will Industry season 5 be released?

HBO has yet to announce a release date for season 5. Industry season 4 returned in 2026, two years after season 3 premiered in 2024. Season 2 premiered in 2022, two years after the show debuted in 2020. Following this trend, Industry fans can hopefully expect season 5 to air sometime between 2027 and 2028.

This post will be updated.