Billions: Season 5
Billions Season 5 continues the overarching saga across 12 episodes.
Season 5 Lore Primer
Key plot threads, lore context, and character stakes you need to remember before diving into this season.
- Picks up essential narrative continuity directly following the events of Billions Season 4.
- Character alliances, factions, and personal loyalties undergo significant shifts under escalating stakes.
- Addresses unresolved cliffhangers and thematic mysteries introduced during previous seasons.
- Establishes the primary seasonal conflict that drives serialized character arcs toward the finale.
Season overview
Billions Season 5 continues the overarching saga across 12 episodes.
Episode Guide
Season 5 Progress Shield
The New Decas
May 3, 2020
Bobby Axelrod reaches a major milestone. Chuck struggles to get his bearings, and he and Wendy navigate a new normal. Tensions are high at Axe Cap now that Taylor Mason is back. Ax
The Chris Rock Test
May 10, 2020
Axe chases a play at Mike Prince's conference. Chuck wrestles with his demons and chooses a new path. Wendy takes the lead as Axe Cap faces a threat. Taylor confronts a figure from
Beg, Bribe, Bully
May 17, 2020
Chuck returns to his alma mater to pursue an opportunity. Axe's big venture is sidelined by a family crisis. Taylor asserts independence with a risky play. Chuck puts Wendy in an a
Opportunity Zone
May 24, 2020
Axe's latest move takes him back to his roots but puts him in Mike Prince's line of fire. Chuck steps into a new role and meets an intriguing colleague. Taylor tries to salvage a m
Contract
May 31, 2020
Axe must reckon with his past to secure his future. Chuck plots against Axe with the help of some old associates. Chuck and Wendy both try to move on, but get forced together by an
The Nordic Model
Jun 7, 2020
Axe's plans are threatened when an old scheme resurfaces. Chuck wages war on a new front, but a dangerous gambit tests his budding relationship. Taylor looks to make an impact in a
The Limitless Sh*t
Jun 14, 2020
Axe makes big plays with an unconventional source of inspiration. Chuck goes to desperate lengths for family. Tensions rise in Wendy's relationships. Chuck and Sacker manipulate a
Copenhagen
Sep 5, 2021
Axe dispatches Wags to dig up dirt on Prince, discovering a weakness that could wreck Prince's ambitions. A visit to Axe Cap puts Wendy and Tanner at odds. Chuck looks for alternat
Implosion
Sep 12, 2021
As Prince spirals in the wake of a scandal, Axe looks to take his attack to the next level, putting Taylor's business in the crossfire. Chuck reckons with his failures and his fath
Liberty
Sep 19, 2021
As Axe Cap returns to the office, Axe makes a surprise announcement, leaving the team's futures in flux. Wendy's divorce becomes complicated when Chuck sticks his nose in the Mase
Victory Smoke
Sep 26, 2021
With victory in sight for his bank, Axe plots to secure his deposits by poaching from Prince, a move that proves more complicated than it seems. Chuck, Prince and Sacker wrestle wi
No Direction Home
Oct 3, 2021
Chuck, Axe and Prince maneuver to outsmart and outpower each other. Taylor finds themself at a crossroads regarding their role as a leader, while Wendy struggles to sort out her pe