Next week on The Young and the Restless, spoilers reveal that Phyllis returns to Genoa City, Nick is not happy to learn about Matt, and more. Here’s what’s coming up on Y&R from Feb 23-27, according to the spoiler video.

Phyllis Returns and She Is Furious

First up, Phyllis is back, and she is not happy. Not even a little.

When she walks into Crimson Lights and sees Daniel there with his guitar alongside Tessa, clearly working on music, the mood shifts instantly. Phyllis Summers marches right up to her son and makes herself clear.

She tells Daniel she will never forgive him for what he has done.

Could Phyllis just be venting, or does she truly mean it this time?

A Lead on Lily

Meanwhile, Devon Hamilton and Nate Hastings are seriously worried about Lily. The two fill Abby Newman in on a possible lead about what may have happened to her.

They feel it is something they need to check out immediately.

Abby agrees and urges them to do whatever it takes to keep the family safe. That alone says just how serious this situation might be.

Nick Sounds the Alarm

Elsewhere, over at the ranch, Nick Newman is stunned to learn that Matt Clark has been released.

But Victor Newman adds another layer of concern. Matt has disappeared. He took off.

Nick cannot shake the feeling that this is all happening again. He worries that Matt could be anywhere. Even hiding out at the ranch.

Knowing Matt’s history, Nick and his family would be smart to keep their guard up this time. Wouldn’t they?

That’s it for your Young and the Restless spoiler video preview for the week of Feb 23-27, 2026.

What to Expect Next Week on Y&R

From shocking news to Phyllis’ return, it’s a packed week ahead on Y&R.

Stay tuned to Soap Opera News for more spoilers and exclusive previews.

Photo Credit: JPI Studios.

Need to Know: The Young and the Restless Spoilers

What happens next week on Young and the Restless?

According to Y&R spoilers, Phyllis returns, Nick worries, and much more happens.

Any casting news?

Roger Howarth is coming back as Matt Clark.

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