Industry (2020) Episode Guide

This episode guide covers the released regular episodes registered for Industry, checked on 2026-11-08. Specials are excluded.

Spoiler warning. Episode summaries discuss the stories and may reveal plot developments.

Season 1 — 8 episodes

Episode 1 — Induction

First transmitted 9 November 2020

The Pierpoint trainees begin their induction into the brutal culture of a top London investment bank, where first impressions matter and survival depends on proving themselves indispensable. Harper, still finding her footing, faces a decision that could shape her future at the firm, while Robert takes a more carefree approach to the early weeks. Yasmin endures open disrespect from senior staff, and Hari’s unhealthy work habits quickly become a warning sign for the wider company. The episode establishes the competition, pressure and blurred personal boundaries that define the series.

Episode 2 — Quiet and Nice

First transmitted 16 November 2020

Pierpoint tries to lift morale with an appreciation dinner, but the evening only exposes fault lines in the new graduates’ lives. Harper, still unsettled in London, finds herself confronting Kenny after his drunken behaviour turns irritable and aggressive. Gus makes matters worse by speaking too frankly about his team’s future, alienating senior management. Meanwhile, Yasmin meets the reality of her new workplace culture head-on, and her flirtation with Robert pushes into riskier territory. The episode sharpens the sense that personal ambition and office politics are already pulling the cohort in different directions.

Episode 3 — Notting Hill

First transmitted 23 November 2020

When Pierpoint loses a major client, the graduates are pushed into a practical test of their commercial instincts: they must come up with pitches capable of winning fresh business. Gus, newly reassigned after his team dissolves, finds an unexpected ally in Robert as they work together to get Clement’s attention. Elsewhere, Harper is caught between conflicting demands from Eric and Daria while also trying to manage a complicated living arrangement with Yasmin. The pressure of the client loss raises the stakes for everyone, revealing both talent and rivalries inside the office.

Episode 4 — Sesh

First transmitted 27 November 2020

After a chaotic birthday celebration with Robert, Yasmin and Greg, Harper’s working day unravels. A trade discrepancy threatens her team with serious losses, forcing her to look for help from an unexpected quarter as the situation escalates. At the same time, a networking event brings fresh complications: it draws Yasmin and Robert closer together, while Gus’s behaviour continues to isolate him from his colleagues. The episode intensifies the sense that even small mistakes at Pierpoint can quickly become career-defining, and that the trainees’ personal lives are increasingly inseparable from their work.

Episode 5 — Learned Behaviour

First transmitted 27 November 2020

Pierpoint reels from the fallout of a former employee’s exposé, leaving Eric away from the office and Gus in the unwise position of covering trades from his desk. Harper seizes the disruption to push herself into a meeting with one of Eric’s disgruntled former clients, but both she and Gus overstep and jeopardise their futures. Away from the pressure of the trading floor, Robert’s first successful business trip earns him a reward from Clement, while Yasmin uses her connections to arrange an important client meeting.

Episode 6 — Nutcracker

First transmitted 27 November 2020

At Pierpoint’s annual holiday party, the atmosphere turns volatile as sex, drugs and secrets spill through the evening. Maxim’s unexpected arrival stirs fresh tension between Yasmin and Kenny, while Greg lands in trouble after partying too hard with Robert and Usman. Elsewhere, Harper’s private confidence in Daria is overturned when she is summoned to a meeting with Sara, the London office president, forcing her into an uncomfortable and revealing corporate encounter.

Episode 7 — Pre-Crisis Activity

First transmitted 27 November 2020

With Reduction in Force Day approaching, the graduates are pushed into self-preservation, doing whatever they can to secure final recommendations and cement valuable client ties. Resentment and jealousy rise during Yasmin and Sebastian’s dinner party, where the social pressure of the group exposes shifting loyalties and quiet rivalries. Harper then crosses a line by disclosing confidential company information, making the episode increasingly about the cost of ambition and the precariousness of her position at Pierpoint.

Episode 8 — Reduction in Force

First transmitted 27 November 2020

On Reduction in Force Day, the graduates face senior management and present themselves for permanent roles after a bruising few months at Pierpoint. Each takes a different approach under pressure, but the central question remains who has proved themselves indispensable enough to stay. After an unexpected encounter with someone from her past, Harper is forced to confront a decision with wider implications, one that could alter Pierpoint’s culture as well as her own future within it.

Season 2 — 8 episodes

Episode 1 — Daddy

First transmitted 1 August 2022

Back at Pierpoint after being forced into the office again, Harper finds the atmosphere sharpening under the new US leadership, with the pressure of the firm’s shifting power structure closing in around her. The episode sets up the season’s renewed tensions at work as old rivalries, ambitions and corporate loyalties become harder to hide. Harper is placed immediately back into a volatile environment where every decision carries added weight, and the return to routine only underlines how much has changed inside the bank since the last season.

Episode 2 — The Giant Squid

First transmitted 8 August 2022

Harper’s choice to chase Bloom rather than Felim deepens the strain between her and Eric, and also exposes fault lines in the wider account. Yasmin tries to position herself for a promising new opportunity, but her plans are complicated when her estranged father Charles unexpectedly reappears. At the same time, Robert pushes his pursuit of Nicole further, turning a risky attraction into something more serious and potentially more damaging. The episode weaves together ambition, family tension and escalating personal consequences across the team.

Episode 3 — The Fool

First transmitted 15 August 2022

The excitement of winning Bloom begins to fade as Harper gets caught between competing interests at Rican Healthcare’s investor event, while Eric’s frustration towards her becomes increasingly acute. Yasmin, after trying to bring in her father’s business, is pushed into currying favour with Celeste instead, forcing her into another awkward and strategic compromise. Meanwhile, Gus unexpectedly finds a new opening while tutoring Bloom’s son Leo, suggesting a different path forward at a moment when the rest of the group is becoming more entangled in their own schemes.

Episode 4 — There Are Some Women…

First transmitted 22 August 2022

Eric heads to New York, widening the season’s sense of movement as the pressure around Pierpoint and Harper’s recent success continues to build. Harper remains buoyed by landing Bloom, though that triumph is already beginning to carry complications of its own. Yasmin, meanwhile, uncovers unsettling truths about her family’s money, forcing her to confront how much of her background has been hidden or carefully managed. The episode balances business momentum with personal revelations, and leaves each of the main players facing a sharper and less comfortable reality.

Episode 5 — Kitchen Season

First transmitted 29 August 2022

Harper manoeuvres her way on to Yasmin and Jackie’s Berlin trip, claiming a place in the mix for reasons that are as personal as they are professional. In Berlin, the trip exposes how closely business and private life overlap, as Harper’s interest in her estranged brother John pulls her into a night of drugs, family grievance and uncomfortable honesty. At Pierpoint, Robert is sent out to recruit a prized graduate while also dealing with his own sobriety and class tensions. Gus, meanwhile, finds himself closer to the centre of a political opportunity when Aurore’s government offer becomes more concrete.

Episode 6 — Short to the Point of Pain

First transmitted 5 September 2022

A frantic squeeze attempt on FastAide turns the episode into a battle over leverage and pride, with Bloom taking the attack personally. Harper’s disappearance from the office leaves her newly fragile working relationship with Bloom and the rest of Pierpoint under strain, even as she becomes increasingly anxious about what she may have to give up to stay relevant. Gus continues to wrestle with Aurore’s political offer, unsure whether it represents principle or compromise. Yasmin, for her part, is pushed through a major transition that forces her to rethink where she belongs and what she can realistically expect from her career.

Episode 7 — Lone Wolf and Cub

First transmitted 12 September 2022

Certain that New York is about to take over the London office, Harper, Eric and Rishi form an uneasy alliance and start pitching themselves to rival banks. Their sudden show of loyalty and ambition is really a survival strategy, as each of them tries to secure a future before Pierpoint changes around them. The episode plays their scramble as both tactical and desperate, with the trio forced to decide how much pride they can afford to swallow in order to remain valuable. It sharpens the sense that the firm’s internal balance is shifting fast, and that no one’s position is safe.

Episode 8 — Jerusalem

First transmitted 19 September 2022

As Harper, Eric, Danny and Rishi chase a life-changing opportunity, the episode pushes Pierpoint’s staff into one last round of ruthless calculation. Each of them is forced to reckon with what success might cost, and with how much of themselves they are prepared to sacrifice to keep moving up. Yasmin, meanwhile, takes a hard look at the future she once imagined and begins to question whether it still fits the life she is actually living. The result is a tense closing chapter in which ambition, class and self-preservation collide, and everyone’s prospects are left hanging in the balance.

Season 3 — 8 episodes

Episode 1 — Il Mattino ha L'Oro Bocca

First transmitted 11 August 2024

Pierpoint moves ahead with the Lumi flotation, and Eric’s promotion to partner sharpens the pressure on him to steady the desk. Yasmin pushes to step out from Harper’s orbit, while Robert is left trying to handle Henry Muck’s volatile presence and keep the deal on track. Harper, meanwhile, angles for a route back into the centre of the action through hedge fund FutureDawn, setting up a renewed rivalry. The episode re-establishes the team’s shifting loyalties as the IPO machine starts to strain under competing ambitions.

Episode 2 — Smoke and Mirrors

First transmitted 18 August 2024

After the Lumi IPO gets off to a shaky start, Eric is forced into damage control as he tries to keep authority over the trading floor. Harper finds a fresh alliance that gives her a new way back into the game, while Robert is hit by a significant personal setback that affects both his work and confidence. Yasmin’s instinct for reading people pays off when she wins Henry Muck’s attention, strengthening her position around the deal. The episode continues to show how the flotation’s fallout is reshaping alliances and exposing weaknesses across Pierpoint.

Episode 3 — It

First transmitted 25 August 2024

Eric, Yasmin and Robert travel to the COP Climate Conference in Switzerland to project Pierpoint’s confidence as it tries to reposition itself around ethical investing and Lumi’s future. The setting gives the bank a polished public face, but Harper’s disruptive move undermines that image and unsettles the market’s support for Lumi. The episode balances corporate performance with mounting instability, as the group’s efforts to sell a cleaner story run up against Harper’s instinct for provocation and the fragility of investor confidence.

Episode 4 — White Mischief

First transmitted 1 September 2024

Rishi is deep in debt and stretched by the demands of a new home and baby when an old friend turns up with an opportunity that tempts him into a huge gamble. As pressures build at home and at Pierpoint, his judgement becomes increasingly reckless, and he commits to another high-risk, high-reward move in the hope of escaping his financial corner. The episode centres on how desperation and bravado feed each other, with Rishi’s choices putting his position at the bank in jeopardy.

Episode 5 — Company Man

First transmitted 8 September 2024

Robert is pulled into a government select committee hearing and starts to suspect he has become a convenient pawn in a broader struggle between powerful interests. Back at Pierpoint, the annual charity day puts everyone under pressure, and Sweetpea raises a theory with Eric that could spell real trouble for the bank. Yasmin, meanwhile, finds herself testing how much vulnerability a relationship can bear, and whether opening up is worth the risk. The episode keeps the focus on institutional manoeuvring and personal exposure, with each strand tightening around the others as the day unfolds.

Episode 6 — Nikki Beach, or: So Many Ways to Lose

First transmitted 15 September 2024

Buoyed by LeviathanAlpha’s success, Harper takes an idea to Petra that sends them touring some of London’s leading financial institutions, including Pierpoint itself. The episode broadens the scope of the season by showing Harper pushing further into the city’s power networks while trying to turn momentum into something lasting. Elsewhere, Yasmin is forced to lean on Harper after catastrophic news upends her world, bringing their uneasy alliance back into sharper focus. The result is a chapter built around ambition, leverage and the way personal crises collide with professional opportunity.

Episode 7 — Useful Idiot

First transmitted 22 September 2024

Pierpoint’s 150th anniversary celebration turns into a crisis when disaster strikes, forcing Eric up to the executive boardroom while Rishi, Sweetpea and Anraj scramble to protect themselves on the trading floor. Across town, Harper’s risky manoeuvres put LeviathanAlpha in jeopardy, underlining how far she is prepared to push her luck. Yasmin escapes on a road trip with Robert, giving the episode a second strand that contrasts flight with institutional collapse. The hour is defined by panic, opportunism and damage control as the firm’s celebratory veneer gives way to chaos.

Episode 8 — Infinite Largesse

First transmitted 29 September 2024

After a long, bruising night, Eric and Pierpoint’s executives land on a solution that promises major changes for the company, along with consequences that will shape what comes next. The episode closes the immediate crisis while making clear that any rescue has a price, and that the bank’s future is far from stable. Yasmin and Robert’s visit to the countryside gives their story a more intimate, fated turn, while Harper reaches a crossroads as her career ambitions force a reckoning. It works as a season-ending adjustment of power, desire and survival.

Season 4 — 8 episodes

Episode 1 — Paypal of Bukkake

First transmitted 11 January 2026

Yasmin and Whitney draw closer while shaping a plan to help Tender win influence with the new Labour government, moving the business from pure pitch into political positioning. Elsewhere, Harper makes a decisive move that unsettles the room and leaves colleagues recalibrating around her. The episode sets up the season’s central fault lines by tying Tender’s ambitions to Westminster access and by showing Harper acting on instinct rather than caution. It establishes the new alliances and rivalries cleanly, with the tone sharpened by the sense that everyone is looking for leverage, and that every manoeuvre may carry a political cost.

Episode 2 — The Commander and The Grey Lady

First transmitted 18 January 2026

Yasmin struggles to spark Henry’s ambition, even as their relationship is complicated by an unwelcome arrival that forces him into a decision he would rather avoid. At the same time, Harper starts to see a clearer pattern in the people around her, gaining an insight that connects an old ally with a newer relationship. The episode leans into the uneasy mix of intimacy and calculation that defines the season, with Henry’s personal and public pressures colliding in awkward fashion. It keeps the focus tightly on character movement rather than spectacle, letting the consequences of recent choices settle into place.

Episode 3 — Habseligkeiten

First transmitted 25 January 2026

Harper and Eric begin a fresh partnership, pushing ahead together as they build a new short-only venture and present an idea to investors. In parallel, Yasmin and Henry’s professional dealings slide further into something more personal, and the boundary between business and desire becomes increasingly difficult to keep in view. The episode is more outwardly controlled than some of the season’s bigger blow-ups, but it still advances the power dynamics decisively. It plays as a step towards deeper entanglement for both pairs, with ambition, attraction and image management all feeding into one another.

Episode 4 — 1000 Yoots, 1 Marilyn

First transmitted 1 February 2026

Whitney and Henry work to secure a new banking partner for Tender’s app, aiming to give the company a more powerful institutional backing. Meanwhile, Harper takes a risk by targeting the firm’s business practices with an exposé, gambling that public scrutiny will work in her favour before it rebounds on her. The hour sharpens the sense that Tender’s next phase depends on alliances with much larger players, while Harper’s approach is increasingly confrontational and high-stakes. It is a turn towards harder commercial reality, with the episode framing both growth and scandal as dangerous forms of leverage.

Episode 5 — Eyes Without a Face

First transmitted 8 February 2026

With Tender’s position worsening, Sweetpea and Kwabena travel to Accra in an attempt to uncover the truth behind the company’s acquisition strategy, working alongside Whitney’s right-hand man, Tony Day. The Ghana trip widens the season’s geopolitical and financial stakes, while also exposing the brittle state of the business and the opportunism surrounding it. Back home, Harper and Eric are caught off guard by unsettling personal news that complicates their already strained dynamic. The episode moves the story into the season’s second half while sharpening the divide between corporate survival and private fallout.

Episode 6 — Dear Henry

First transmitted 15 February 2026

Harper alerts Yasmin that trouble is coming as preparations begin to present Stern Tao’s findings at the ALPHA Conference. At the same time, Whitney looks to push Tender into the United States while keeping Henry distracted from his mounting suspicions about what she is really doing. The episode ties the conference circuit, the company’s international ambitions and Henry’s mistrust into a single pressure point, with a business meeting and social outing helping to mask how unstable the situation has become. It is a tense pivot episode in which personal and commercial concealment start to unravel.

Episode 7 — Points of Emphasis

First transmitted 22 February 2026

After uncovering a long-held secret, Yasmin and Henry are forced to reckon with what it means for their future and decide how to move forward. Elsewhere, Whitney keeps pressing ahead with Tender’s expansion, refusing to let uncertainty slow the company’s momentum. At SternTao, Harper finally admits to Sweetpea and Kwabena that she made a business decision to keep the firm afloat, revealing how far she has gone to preserve the operation. The episode leans into consequences rather than spectacle, setting up the endgame by bringing hidden truths into the open and narrowing everyone’s room to manoeuvre.

Episode 8 — Both, And

First transmitted 1 March 2026

As Tender dominates the headlines, Yasmin seizes a new opportunity at exactly the moment the balance of power is shifting. Henry weighs whether to challenge the status quo, while Whitney scrambles for an exit as her strategy begins to collapse under public scrutiny. Harper, meanwhile, reaches a point of reckoning that forces her to confront the cost of the choices she has made to hold her world together. The finale closes the season by pushing each character towards a different kind of settlement, with ambition, damage control and self-preservation all colliding at once.

Episode register and adapted synopsis material from TVmaze. Adapted episode-guide content is available under CC BY-SA 4.0. Summaries have been rewritten and supplemented with research.