Industry Season 4 is leaving Pierpoint behind to explore “whole new worlds”

The fourth season of HBO Max's Industry is doing something new for a change: leaving Pierpoint & Co behind to explore a new world on the show. Director Conrad Kay talked about how the new season will be based on a different space. In Season 3, we saw how the company was sold to an Egyptian investment firm, Al-Mi’raj, bringing in much speculation on what the new season will be based on. Turns out, the show will now take a different creative direction, as the directors have revealed.

Speaking to Variety, Kay stated,

“In a way, that creative freedom has been amazing. We were writing about one world, and at the edges of that world were other worlds, like media and politics. With Season 4, we were like, now we don’t have a trading floor, we can actually just go into those spaces.”

Although the show began revolving around the ruthless grind inside Pierpoint, the last season blows up the bank as it is sold to the Egyptian firm, something that Eric pushes for after burning through money on performative ethical plays. He tries to rally the floor with a speech about markets evolving, but no one buys it. Al-Mi’raj promptly guts the office, leaving Eric unemployed but absurdly rich thanks to a $20 million exit. He sacrifices his dying friend Bill to secure the deal and walks away cleaner than ever.

All of that tension has built up to the new season, and what turn the story will take with so many characters unemployed. But from what Kay and Mickey Down have promised fans, the fourth season will be riskier and even more adventurous.

Everything we know about Industry Season 4

Things are about to get messier, louder, and way more global with the brand-new season of Industry. HBO renewed the financial drama before Season 3 had even finished airing, which honestly felt inevitable. The show hit a new creative high last season, with viewership jumping nearly 40 percent and averaging around 1.6 million viewers per episode. Pierpoint may have burned to the ground, but Industry is thriving.

The official logline of the show reads,

"At the top of their game and living the lives they set out to have as Pierpoint grads, Harper and Yasmin are drawn into a high-stakes, globetrotting cat-and-mouse game when a splashy fintech darling bursts onto the London scene. As Yasmin navigates her relationship with tech founder Sir Henry Muck and Harper is pulled into the orbit of enigmatic executive Whitney Halberstram (Max Minghella), their twisted friendship begins to warp and ignite under the pressure of money, power, and the desire to be on top."

Season 4 premieres on January 11, 2026, and will run for eight episodes, released weekly. This time, the story stretches beyond London, with the show expanding into the U.S. and pulling its characters into a high-stakes fintech war.

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Industry is available to stream on HBO Max.

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