Now that a DC Elseworlds series that focuses on the eponymous Batman villain's rise to power in Gotham's sprawling underworld. It was an exceptional expansion of Matt Reeves' acclaimed Batman universe, and it's inevitable that there will be a clamor for more.

The Penguin retains the dark themes established in The Batman, delivering a particularly bleak take on one of the most iconic and recognizable characters in Batman's rogues' gallery. Colin Farrell's Oz Cobb is a stark departure from the most recent live-action cinematic adaptation of Oswald Cobblepot in 1992's Batman Returns, portraying him instead as a shrewd and seedy mob boss. Oz's crucial role in Gotham means that a second season is always possible - so here's what we know.

The Penguin Season 2 Recent News

There Are More Stories To Tell

The Penguin season 2 has not yet been confirmed, but it certainly isn't off the table, given how well-received it was. At the 2025 Golden Globes, ScreenRant was able to talk to The Penguin showrunner Lauren LeFranc about a possible season 2. She opened up about what the show was meant to be from the beginning and what it would take for another season to be possible, stating:

We were meant to be a limited series, so I'm really proud of the first season and the story that we made. There's more stories to tell there, for sure, if we can find the right idea or the right characters.

Also at the Golden Globes, Josh Horowitz was able to speak to Matt Reeves about the possibility of another season. Reeves talked more about The Penguin, The Batman Part II, and how there have been discussions talking about moving forward with another season, stating:

Lauren, Dylan, and Colin, and I are talking about doing another season... obviously, we are doing The Batman II, and we have to get the timing right on that, but our plan is, and our hope is to absolutely do another season. We just have to come up with the idea that we think is the right idea. Which is what we're working on.

What We Know About Penguin's Future In The Batman Universe

The Batman director Matt Reeves has long called The Penguin the "entry point" for the sequel, saying it will “absolutely connected to where we leave things in the series. There are details that actually connect right into the way the next movie begins, and the way that Oz enters that world as we hand the baton back to Batman.” He also told Deadline that "Colin [Farrell] will be part of the movie. We’ve shared [the script] as we’ve been going along with DC and the studio, and they’re super excited.”

The Penguin Season 2 Cast: Who Could Return?

The Penguin's Cast Shrunk Considerably After The Spin-Off's Bloody Kill List

The survivors list after the finale is remarkably small considering the size of The Penguin's cast. Oz Cobb would be able to reprise his starring role, but the violence inherent within The Batman franchise and Oz's thirst for absolute power meant even his closest allies ended up severely depleted. The most likely returning character alongside him would be Deidre O'Connell's Francis Cobb, though she remains in a persistent vegetative state after her stroke in the finale. Given Oz refused to fulfill her request for him to kill her if that happened, she'd likely return without much active participation.

Rhenzy Feliz clearly can't return after his character - Victor Aguilar - was killed in the finale, but Cristin Milioti's Sofia Gigante is still a possibility given she ends up in Arkham again, while her partner in crime, Dr. Julian Rush (Theo Rossi), is somehow working there again. That could suggest he plans to help her escape, setting up another round of conflict with Oz. With The Penguin setting up Selina Kyle and Sofia Gigante as siblings, it's possible that Zoë Kravitz could make an appearance.

Oz's girlfriend Eve Karlo (Carmen Ejogo) remains in play (with a troubling new Oedipal element thrown in), and the new breed of Gotham's gangland bosses (including Robert Lee Leng's Link Tsai) are set up for more prominent roles. So too is Rhys Coiro's Gotham Councilor Sebastian Hady, who Oz uses in the final episode as his clever means to clear his name. Pretty much everyone else is dead, so barring some ghostly returns, the show would probably need to bring in some new talent.

The Penguin Season 2 Story: What It Could Be About

How Another Season Could Expand On Penguin's Story

The Penguin season 2 would likely depict its titular villain at the height of his power. Given the creative license that Matt Reeves and other writers have demonstrated with their interpretation of the Batman mythos, it is difficult to draw from specific DC Comics storylines that the next season might look to adapt. With Penguin set to reappear in The Batman Part II, however, there is a chance that Penguin and Batman's long history in the aftermath of that movie might even see them cooperating out of convenience against a greater threat.

Oz Cobb's fondness for exploiting political corruption would put him at odds with The Riddler (Paul Dano), whose army of followers remains active in the background of The Penguin. Their agenda is clearing up corruption in Gotham, and Oz has effectively put a target on his back if they discover his association with Councilman Hady.

Intriguingly, we don't yet know if Robert Pattinson's Batman remains fully active in Gotham after The Batman's ending, but the final shot of The Penguin does at least offer a major hint that Jim Gordon believes he is. Whether a potential second season will see him more prominently involved remains to be seen: the reality is that the show worked so well without him that it would be almost a shame to include him again. But there would have to be a very big reason to justify it, like there was here.

DC Movie Releases

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  Superman

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  July 11, 2025

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  Supergirl: Woman of Tomorrow

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  The Batman Part II

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  October 1, 2027

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