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Stephen Colbert’s Late Show Finale Draws 6.74 Million Viewers, Delivering the Biggest Audience in the Show’s History

by Camila Curcio | May 22, 2026
Stephen Colbert waves to a cheering audience during the finale of The Late Show, held in the Ed Sullivan Theater. Photo Source: Scott Kowalchyk/CBS Broadcasting Inc.

Stephen Colbert signed off from The Late Show with the largest audience the franchise has seen during his tenure, as viewers turned out in massive numbers for the end of one of late-night television’s defining modern runs.

According to preliminary Nielsen data, Thursday night’s final episode of The Late Show With Stephen Colbert drew 6.74 million viewers, making it the most-watched weeknight episode in the program’s history under Colbert’s leadership. The figure surpasses the show’s 2015 debut, which brought in 6.55 million viewers when Colbert officially took over CBS’s flagship late-night slot following David Letterman’s retirement.

The ratings represent a dramatic surge compared to the show’s more recent averages. During the first quarter of 2026, The Late Show was averaging approximately 2.69 million viewers, making the finale’s audience more than double its typical recent performance. The spike underscores both Colbert’s enduring visibility in the late-night landscape and the public curiosity surrounding the conclusion of a show that, for much of the past decade, occupied a central place in American political and entertainment commentary.

The finale came nearly a year after CBS announced it would end the program, a decision that immediately triggered speculation far beyond the usual economics of declining late-night television.

When the network revealed the cancellation in August 2025, executives publicly framed the move as a financial decision, citing the increasingly difficult economics of traditional late-night programming in a fragmented media environment. But the timing of the announcement quickly fueled broader questions. CBS parent company Paramount was then pursuing its high-stakes merger with Skydance Media, a transaction requiring regulatory approval, while Colbert himself had recently criticized Paramount’s controversial $16 million settlement involving Donald Trump, calling it “a big, fat bribe” on-air.

That sequence of events led to persistent speculation that the show’s cancellation may have involved more than cost-cutting, though no evidence has publicly established an alternate motive.

Broadcast from the Ed Sullivan Theater in New York, the finale assembled a lineup that reflected both Colbert’s comedic network and his broader cultural reach. Paul McCartney served as the evening’s final official guest, an appropriately heavyweight booking for a host whose program consistently balanced political satire with major entertainment interviews.

The farewell episode also featured appearances from Jon Stewart, Bryan Cranston, Paul Rudd, Tim Meadows, the Strike Force Five cohort, and Neil deGrasse Tyson, creating the kind of ensemble sendoff reserved for major television departures.

One of the night’s most memorable moments came during the musical finale, when McCartney performed “Hello, Goodbye” alongside Elvis Costello, former bandleader Jon Batiste, and current musical director Louis Cato.

Colbert also used his final monologue to reflect on the unusual role his shows have played across two very different eras of his career. Referencing the launch of The Colbert Report, he reminded viewers of an early promise to “feel the news,” before noting that the mission of The Late Show evolved into something more collective.

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Camila Curcio
Camila studied Entertainment Journalism at UCLA and is the founder of a clothing brand inspired by music festivals and youth culture. Her YouTube channel, Cami's Playlist, focuses on concerts and music history. With experience in branding, marketing, and content creation, her work has taken her to festivals around the world, shaping her unique voice in digital media and fashion.