Most industry analysts and creators, including Druckmann, have referred to the potential Part III as the concluding chapter of the core story.
As of April 2026, there is no official confirmation or "deep report" specifically titled . The franchise is currently focused on the development of Part III and the ongoing HBO television series. Current State of the Franchise The Last of Us 4...
This is Naughty Dog's primary focus—a new single-player sci-fi IP expected to release around 2027. Development on a potential Part III would likely follow or run concurrently with the later stages of this project. Current State of the Franchise This is Naughty
While HBO’s Casey Bloys has indicated the series might end with Season 3, showrunner Craig Mazin has previously suggested that the vast narrative of the second game might require additional seasons to fully adapt. While not officially announced with a trailer, creative
While not officially announced with a trailer, creative director Neil Druckmann confirmed in the Grounded II documentary that he has a concept for "one more chapter" that would act as a through-line for the trilogy. Reports as of April 2026 suggest early development is likely underway at Naughty Dog, with Druckmann stepping away from showrunning duties on the TV series to focus on his primary role at the studio.