One week before the season finale, Apple TV is taking the next step: The comedy "Margo's Got Money Troubles," starring Elle Fanning, Michelle Pfeiffer, and Nicole Kidman, has been renewed for a second season. Showrunner David E. Kelley and A24 are thus continuing their collaboration.
The renewal comes at a strategically astute time: The seventh and penultimate episode of the first season premieres today on Apple TV, with the grand finale following worldwide on May 20, 2026. With this announcement, Apple is further expanding its comedy division – an area in which the streaming service recently swept the board at the 2026 Peabody Awards. Since its launch, "Margo's Got Money Troubles" has been considered one of the most talked-about Apple comedies of the year and quickly achieved Certified Fresh status on Rotten Tomatoes.
What the series is about
The series is based on the bestselling novel of the same name by Rufi Thorpe and tells the story of Margo, a college dropout and aspiring writer. She has to juggle a newborn child, mounting bills, and dwindling means of payment. Her mother is a former Hooters waitress, her father an ex-professional wrestler – this family background provides the emotional and comedic backdrop for an unusual family story.
Elle Fanning stars in the lead role and also serves as an executive producer. She is joined by Michelle Pfeiffer as her mother and Nick Offerman as her father. Nicole Kidman, Marcia Gay Harden, Greg Kinnear, Thaddea Graham, Michael Angarano, Rico Nasty, and Lindsey Normington round out the cast.
The creative team
Behind the series is David E. Kelley, one of Hollywood's most renowned showrunners and a multiple Emmy winner. This marks Apple TV's second collaboration with Kelley, following the hit drama "Presumed Innocent," whose second season is currently in production. Eva Anderson will serve as co-showrunner for the second season.
The series is produced by A24 for Apple TV. Executive producers include the lead actresses, Dakota Fanning and Brittany Kahan Ward for Lewellen Pictures, Per Saari for Nicole Kidman's Blossom Films, and Matthew Tinker for David E. Kelley Productions. Novelist Rufi Thorpe is also an executive producer. Dearbhla Walsh directed the pilot episode, with Kate Herron and Alice Seabright directing additional episodes in season one.
What the extension reveals about Apple's comedy strategy
Comedies are playing an increasingly important role for Apple TV. With series like "Ted Lasso," "The Studio," and now "Margo's Got Money Troubles," the service is deliberately building a portfolio of character-driven half-hour shows that clearly distinguishes itself from its prestigious drama division. Apple's announcement of the renewal even before the finale is a strong sign of confidence—and a marketing move that further enhances the first season's conclusion.
The strategy fits into the larger picture of programming under Matt Cherniss, Apple TV's Head of Programming. The service thrives on a dense mix of drama, comedy, and film, which was recently evident in its six nominations for the 2026 Gotham TV Awards. A second season of a widely acclaimed comedy fits seamlessly into this pattern.
Apple TV under new leadership
The extension also comes at a time when Apple TV is already a strategic focus. John Ternus, Apple's designated new CEO, commented on the streaming service shortly after his appointment, announcing his intention to make Apple TV more competitive. Exactly how this will be achieved remains to be seen – but greenlighting successful comedies is one of the most obvious levers.
When will it continue?
Apple has not yet announced specific dates for the second season. The season one finale will air worldwide on Apple TV on May 20, 2026. The current episode, "Lariat Takedown," is available now – in it, Margo runs into Mark, while Jinx and Susie have a bad day.
A second round for one of the comedy highlights of the year
With this renewal, Apple TV secures the long-term future of one of the most talked-about comedies in its current lineup. The fact that a cast including Elle Fanning, Michelle Pfeiffer, and Nicole Kidman will continue in this configuration is newsworthy in itself. The involvement of David E. Kelley and A24 makes it clear that Apple TV is not only committed to comedy but also consciously seeks out high-caliber creative partnerships. (Image: Apple)
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