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'Ponies' Ending Explained: Will There Be a Season 2?

The series finale reveals a CIA mole misidentified as Tom instead of Chris, who is actually alive, while creators plan potential future seasons despite no renewal yet.

Summary by The Wrap
Note: This story contains spoilers from “Ponies.” Is anyone ever really dead on television? Oftentimes not, especially if you’re in a spy show — and such is the case for Peacock’s new series “Ponies.” So, what happens now? Now streaming in its entirety, “Ponies” centers on Beatrice (Emilia Clarke) and Twila (Haley Lu Richarson), the wives of two CIA agents during the Cold War. When their husbands are killed under mysterious circumstances, the tw…

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The Wrap broke the news in United States on Saturday, January 17, 2026.
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