Squid Game is returning to Netflix for Season 2 on December 26 – and the streamer revealed that its biggest ever show will conclude with its third season. The second season of the Korean drama series returns with some familiar faces and some new ones and also will return for Season 3 in 2025, marking the end of the hit series. Squid Game, which launched on September 17, 2021, became a huge hit, clocking over 1.65B viewing hours in 28 days and reaching 111 million accounts, becoming Netflix’s first series to surpass 100 million members at launch.