Spoilers for the ending and both post-credits scenes. Venom sacrifices himself at the Area 55 facility to destroy the Xenophages and keep Knull from obtaining the Codex. Eddie Brock survives, but he and Venom are separated; the film treats Venom as presumed dead. Knull remains imprisoned, while the final post-credits image hints that a symbiote fragment may have survived without confirming Venom’s return.
What happens at the end of Venom: The Last Dance?
Eddie Brock and Venom are brought to Imperium’s Area 55 facility, where the government group is studying captured symbiotes. Knull’s Xenophages arrive, threatening the people there as well as Eddie and Venom. The danger is tied to the Codex: a life force created when Venom resuscitated Eddie, which Knull needs to escape his prison. Netflix’s official explainer describes the Codex as a mysterious life force connected to that revival.
As the other symbiotes join the fight, Venom recognizes that the Codex makes Eddie a target. He separates from Eddie, gathers the Xenophages, and plunges into the facility’s acid bath. The sacrifice destroys the attackers and prevents Knull from getting the Codex. General Rex Strickland also dies in the operation. Eddie is left alive, without Venom. Director Kelly Marcel’s explanation of the ending and TIME’s account describe the sacrifice as the emotional conclusion of the pair’s story.
The film closes with Eddie heading toward New York and remembering his life with Venom. The separation is the ending’s present-tense reality; the stinger leaves open only the possibility that some symbiote material endured.
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Does Eddie Brock die, and what happens to Tom Hardy’s character?
No. Tom Hardy plays Eddie Brock, and Eddie survives the final battle. Venom is the one who gives himself up. The careful distinction is that Venom is presumed dead after the acid-bath sacrifice, not definitively shown to have been erased beyond any possible return.
Sony presents The Last Dance as the final film in the trilogy and describes Eddie and Venom as facing a devastating decision on the film’s official page. Marcel told GameSpot in October 2024 that she and Hardy had planned a three-story arc and knew its destination. That supports reading the ending as a conclusion to Eddie and Venom’s central relationship, even as the credits scenes preserve other franchise possibilities.
Rank #2
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Who is Knull?
In the film, Knull is a powerful imprisoned figure who commands the Xenophages and seeks the Codex because it can free him. The movie reveals him gradually rather than laying out a full history, so its on-screen facts are narrower than his comics mythology.
In Marvel comics, Knull debuted in Donny Cates and Ryan Stegman’s Venom in 2018 and later became central to the King in Black crossover. That background explains the title’s association with Knull, but it should not be treated as a complete account of what the film establishes. Marvel’s overview of the character’s comics return is here.
Rank #3
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What do the two post-credits scenes mean?
The mid-credits scene: Knull is still a threat
The mid-credits scene shows Knull still imprisoned. It confirms that he was neither freed nor defeated by the events at Area 55, and it positions him as a possible future threat. It does not confirm a particular sequel or explain when he might return.
The final scene: a possible symbiote remnant
After the remaining credits, the bartender from the Mexico sequence appears near the Area 51 wreckage. A cockroach passes the broken vial that held a symbiote sample. The image suggests a piece of symbiote may have survived, but it does not show Eddie bonding with Venom again or prove that the sample is Venom. TIME reads the moment as a survival hint; Den of Geek’s post-credits breakdown identifies the bartender callback and discusses Marcel’s comments on Knull.
Rank #4
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Does the ending confirm another Knull movie or a Venom return?
No specific release, production, or Tom Hardy return is confirmed by the ending. In an interview published October 24, 2024, Marcel told Den of Geek, “It’s just a little taster. And I know that there are plans for future Knull movies because there have to be.” That is her account of plans at the time of the interview—not a release-date announcement or confirmation that a film entered production. It also speaks to Knull’s possible future, not to Eddie and Venom reuniting.
The distinction is the key to the finale: the film closes Eddie and Venom’s three-film arc emotionally, leaves Knull’s danger unresolved, and uses the last image to suggest—rather than establish—a possible symbiote survivor.
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