Is Joker getting a sequel?
No. Warner Bros. has not greenlit a third Joker film, and director Todd Phillips has said he has no plans to make one. The story that started with Joker (2019) closed with Joker: Folie à Deux on October 4, 2024.
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There is no script, no release date, and no cast deal for a Joker 3. The second film also ends in a way that takes its lead character off the board.
Why people keep asking about Joker 3
The first film earned $1.07 billion worldwide on a budget near $60 million. Numbers like that make a sequel close to automatic, and Warner Bros. moved ahead with one. Folie à Deux arrived five years later with a musical angle and a much bigger price tag.
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Fans who liked the first film expected a third chapter. The studio expected a hit. Neither happened.
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What happens at the end of Joker: Folie à Deux?
Spoilers ahead.
Arthur Fleck is stabbed to death by a fellow inmate in the asylum yard. The last shot shows that inmate cutting a smile into his own face, a direct nod to the Joker of comic book lore.
That ending retires the version of the character Joaquin Phoenix played across two films. A Joker 3 would need a new lead, a new timeline, or a full restart.
What has Todd Phillips said about a third film?
Phillips has described the two movies as one complete story. Around the sequel's release he told interviewers that he had said what he wanted to say, and that he had no plans to return to the character.
Co-writer Scott Silver has not announced any new Joker project. Warner Bros. has said nothing about a third film since late 2024.
Studios sometimes reverse course when a director walks away. They rarely do it when the last film lost money.
Did the box office kill the idea?
Folie à Deux cost about $200 million to produce and pulled in roughly $207 million worldwide. Add marketing and the film lands well short of break-even.
- Joker (2019): about $1.07 billion worldwide.
- Joker: Folie à Deux (2024): about $207 million worldwide.
- Production budget: roughly $60 million for the first film, about $200 million for the second.
Sequels get approved when the trend line points up. Here it dropped by a wide margin in one step.
How could a Joker 3 still happen?
Warner Bros. owns the character and can restart the franchise with a new director and a new cast at any time. Nothing announced so far does that.
- Full reboot: a new actor, a new tone, no link to the Phillips films. This is the path most studios take after a flop.
- Elseworlds one-off: the Phillips films sat outside the main DC continuity, so a standalone Joker project remains possible on paper.
- Villain spin-off series: DC built The Penguin around a Batman villain, which shows the TV side will develop these characters. That series comes from a different film universe.
Each option needs a greenlight from DC Studios and Warner Bros. Pictures. None has one.
What about the Joker in the new DC Universe?
James Gunn and Peter Safran run DC Studios and are building a shared universe that starts fresh. The Phoenix Joker sits outside it, so a Joker 3 would not connect to those films.
DC has not announced a Joker film for the new universe. The character is a likely part of future Batman projects, but no casting or date exists.
What has the cast said?
Joaquin Phoenix has not spoken about a third Joker film and has not signed for one. Lady Gaga has made no comment on continuing as Harley Quinn.
Both actors treated the second film as a closed story in press rounds. Neither has a Joker project on their public slate.
FAQ
Will there be a Joker 3 with Joaquin Phoenix?
No sign of one. Phoenix is not attached to a third film, and his character dies in Folie à Deux.
Has Warner Bros. confirmed Joker 3?
No. There is no announced title, release date, writer, or production start.
Is the Joker in the new DC Universe?
The character belongs to DC, but the Phoenix version sits outside the shared universe Gunn and Safran are building. DC Studios has announced no Joker film for that slate.
When did Joker: Folie à Deux come out?
October 4, 2024, in US theaters.
Does the ending of Folie à Deux leave room for a new Joker?
The final scene hints that another inmate becomes the real Joker. That is a story opening, not an announced project. No actor or director is attached to it.
Where can I watch both Joker films?
Both are available on digital rental and on streaming services that license Warner Bros. titles. Check current listings in your region, since licensing deals change.
The bottom line on a Joker sequel
Treat any Joker 3 headline without a studio statement as rumor. Warner Bros. has not announced the film, Phillips has stepped away, and the second movie ends with a dead lead character.
Watch for official word from DC Studios or Warner Bros. Pictures. Until that lands, the answer stays no.