Billions Season 5 Episode release dates & where to watch

1. The New Decas

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. Axe faces off against new rival Mike Prince. Taylor wrestles with a decision.

2. The Chris Rock Test

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 their past.

3. Beg, Bribe, Bully

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 awkward position.

4. Opportunity Zone

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 missed opportunity. Wendy takes on an interesting new client.

5. Contract

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 emergency. Wendy and Taylor embark on a new venture.

6. The Nordic Model

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 an emerging field.

7. The Limitless Sh*t Mid-season finale

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 past collaborator. Taylor steps up and takes charge.

8. Copenhagen

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 alternative methods to save his father, but a college-aged mistake threatens to sidetrack him.

9. Implosion

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 father's mortality. Tanner struggles to finish his paintings, while Wendy worries the money may be getting to him.

10. Liberty

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 Carb financials. Meanwhile, Axe rings an unexpected ally to get intel on Chuck.

11. Victory Smoke

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 with the personal cost of their plan. Taylor looks to enlist an old foe. Wags prepares for a big day.

12. No Direction Home Finale

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 personal life. Alliances shift in an all-out brawl that leads the future of Axe Capital down an unexpected path.