Fox News host Greg Gutfeld is the ratings king of late night with 3.1 million average viewers, despite what Stephen Colbert may be telling his audience. CBS announced last week that it would cancel ‘The Late Show’ next May at the end of its broadcast season, citing financial losses and possible political considerations. Colbert discussed CBS’ reasons for canceling the show, questioning whether the decision was purely financial given the show’s previous ratings success. However, Gutfeld’s show, ‘Gutfeld!’, remains the most-watched late-night program on television, outdrawn Colbert for 21 straight months among total viewers and 13 months in a row among the advertiser-coveted demographic of adults aged 25-54. The shows air at different times; ‘Gutfeld!’ airs at 10 p.m. ET, while Colbert’s begins at 11:35 p.m. ET, and is No. 1 among network late-night comedy programs. In 2025, ‘Gutfeld!’ averaged 3.1 million viewers through July 20, compared to 1.9 million for CBS’ outgoing ‘Late Show.’ During that same time period, ABC’s ‘Jimmy Kimmel Live!’ averaged 1.5 million, NBC’s ‘The Tonight Show starring Jimmy Fallon’ averaged 1.1 million, and NBC’s ‘Late Night with Seth Meyers’ managed 751,000. When it comes to the key demo, ‘Gutfeld!’ averaged 398,000 of the viewers most coveted by advertisers, compared to 288,000 for Colbert. There had been speculation about the future of the Paramount-owned late-night programs, which also includes ‘The Daily Show’ on Comedy Central, as its planned corporate merger with Skydance Media is expected to take place later this year pending approval from the FCC. Colbert is among the fiercest critics of President Donald Trump on television and quipped ‘go f— yourself’ to him Monday night in response to Trump’s taunts over the show’s cancellation. Paramount Global and CBS agreed earlier this month to settle Trump’s $20 billion election interference lawsuit against the network for at least $16 million. Days before CBS announced the plug was pulled on the ‘Late Show,’ Colbert was outspoken against the settlement, calling it a ‘big fat bribe.’