HBO’s sleeper hit Industry is making power moves. After experiencing significant audience growth throughout its season 3 run, the fan-favorite finance drama (which, really, is so much more than a finance drama) is no longer at risk of a premature ending. On Sept. 19, 2024—when the final two episodes of its third season were still yet to air—HBO announced the series had earned a season 4 renewal.
Francesca Orsi, executive VP of HBO Programming and head of HBO’s drama series and films, released a statement referring to Industry as a “marquee HBO drama.” She continued, “We’re so excited that viewers and critics have recognized season three as bigger and better than ever, buoyed by sublime performances from our unparalleled cast. We have no doubt that [showrunners] Mickey [Down] and Konrad [Kay], alongside the amazing team under executive producer Jane Tranter at Bad Wolf and executive producer Kathleen McCaffrey, will take season 4 to even greater heights.”
Here’s what we know so far about what’s to come.
When will Industry season 4 come out?
No clue yet. Season 3 aired its finale episode on Sept. 29, 2024, and there was a gap of almost exactly two years between the premieres of seasons 2 and 3. If Industry follows the same pattern for season 4, we can expect a 2026 release date—but that’s entirely speculation at this point.
Production on the eight-episode season will begin in the U.K. in March 2025, according to Deadline.
What will Industry season 4 be about?
Neither HBO nor Industry co-creators Down and Kay have released any details about the future of the drama, and when asked via email what season 4 might explore, Down told ELLE.com, “As always—money and class. What else is there??”
In her own interview with ELLE.com in September, Myha’la revealed that she “literally can’t” tease any season 4 spoilers, because she’s yet to see any scripts. But during the season 3 finale, Harper tells Otto Mostyn she wants to work out of New York, and Myha’la thinks that proclamation is indicative of where Harper’s headed next—literally and figuratively. “I think her saying [she’s ready to go back to New York], whether or not it’s true, is just indicative of her confidence now,” she says. “She’s like, ‘I’ve built the most profitable relationships. I know how to use them to my advantage, and even if I’m in the actual shitter, like all the way in the shitter, I know how to get myself out. So the only thing left to come for, now, is my fear of home.’”
Myha’la’s also yearning for, as she puts it, a “Harper-and-Yasmin-girlboss-Powerpuff-Girls,” and she’s eager to play Harper “on a sort of front foot, which we’ve gotten a great taste of in [season 3]. I love playing her on the offense.”
Who will be in the Industry season 4 cast?
There’s good reason to expect most of the major players will return, including Myha’la as Harper Stern, Marisa Abela as Yasmin Kara-Hanani, Eric as Ken Leung, and Sagar Radia as Rishi Ramdani. But with Harry Lawtey’s Rob Spearing moving to the U.S. to work for the Silicon Valley-based Little Labs, as fans witnessed in the season 3 finale, there’s a possibility he might not return onscreen. (Lawtey told GQ in September, “I would never hold myself up as a potential main character, and I know that bringing [season 3] to an end was a real privilege.” So...who knows!) Sure enough, Deadline reported Lawtey will not return for season 4 “due to scheduling conflicts.”
It seems likely that Kit Harington, who played Sir Henry Muck in season 3, will return as Yasmin’s new husband in season 4. The same goes for other recurring figures in Harper and Yasmin’s orbits, including Jay Duplass as Jesse Bloom (released from prison in the season 3 finale!); Miriam Petche as Sweetpea Golightly; Irfan Shamji as Anraj Chabra; Sarah Goldberg as Petra Koenig; Roger Barclay as Otto Mostyn; and Faith Alabi as Aurore Adekunle. But we won’t know for sure until HBO makes it official.
In the meantime, Variety reports that Max Minghella, whom viewers might know from The Handmaid’s Tale, Spiral, and Teen Spirit, is joining season 4. He’ll play Whitney Halberstram, “the CFO and Founder of Tender, a payment processor entering a growth phase,” Variety reported on Feb. 20, 2025. Further casting announcements have not been made yet.
Why is Harry Lawtey leaving the show?
While initial reports of Lawtey’s exit credited scheduling conflicts, the Industry showrunners further elaborated in an interview with TheWrap. Sure enough, Lawtey has a few other projects in the works, including Mr. Burton, in which he’ll play a young Richard Burton, and The Billion Dollar Spy, which stars Russell Crowe.
“We love Robert as a character. We love Harry as an actor. We think he’s going to go into massive things—he already has done,” Mickey Down told TheWrap. “And it was, I think, a sort of mutual decision that we couldn’t make it work for the time that we had, but also that we had reached the conclusion of the character. And I think Harry reached his own conclusion.”
Down added how season 3 had a fitting ending for Rob. “When the character feels like they’ve had some sort of redemption, or they’ve found the light at the end of the tunnel, there is sort of no more to say,” Down said. “I’m sad we couldn’t make it work. But Harry had an amazing ending at the end of episode 8 of season 3. And we gave him the redemption that I think a lot of the audience was craving because we put him through the ringer in season 3.”
This story will be updated.
