- Episode begins with Homelander calling a press conference with President Calhoun. He kills him in front of a crowd and takes control over the government. Most superheroes are horrified. Ashley and her Voldemort face begin making new plans to kill Homelander. Ashley vows to die to take down Homelander.
- Soldier Boy tells Homelander they should celebrate by going to Colombia and renting a yacht and having an orgy. Homelander orders Soldier Boy to remain at the White House instead as a security guard. When Soldier Boy refuses he is forcibly flown back to Vought Tower by V-1 powered Homelander and thrown back into the containment tank and put back into a coma.
- Butcher shows the Boys and Sister Sage the tapes of the Russians blasting Soldier Boy with radiation. They begin an experiment to blast Kimiko with radiation to give her the beam that removes Compound V from superheroes. French and Kimiko have long conversations and screen time. Homelander finds them all in hiding and Frenchie sacrifices himself to let everyone else escape. Kimiko goes mute from the trauma.
- Starlight, Hughie, MM, and Butcher kill Dogknott and Sheline. A new shapeshifter superhero captures Butcher and Hughie. It reads Butcher's mind and begins appearing to him as Kessler. Hughie realizes the deception and he and Butcher kill the shifter.
- Cate and Marie from Gen V are running a secret hideout for Starlighters. Marie joins the Boys for the final fight against Homelander.
- Butcher, MM, Starlight, Hughie, Kimiko, Sage, Ashley, Soldier Boy, Oh Father, The Deep, Ryan, and Homelander are alive going into the finale. With most of them traveling to the White House for the final battle.