One year after the Stormfront scandal, The Boys work as contractors for Victoria Neuman's Bureau of Superhuman Affairs to apprehend rogue Supes, with Hughie Campbell as their liaison. Vought CEO Stan Edgar appoints Annie January, who is now publicly dating Hughie, co-captain of The Seven to repair Vought International's reputation and unsuccessfully attempts to sell V24, a Compound V variant that temporarily grants superpowers, to U.S. Secretary of Defense Bob Singer. Queen Maeve secretly works
As The Boys investigate Soldier Boy's death, Hughie visits Red River, an orphanage for superpowered children and copies its records, learning that Neuman is Edgar's adopted daughter. Frenchie and Kimiko confront Soldier Boy's widow Crimson Countess at a Vought theme park, but she escapes, inadvertently killing an innocent bystander in the process. After learning of Neuman's powers from Hughie, Butcher takes a dose of V24, which grants him heat vision, inhuman resilience, and super strength. He u
Homelander's approval rating among rural white males skyrockets after his rant, subjecting him to less scrutiny from Vought executives. Homelander, now believing himself to be untouchable and threatening genocide, pressures Starlight into publicly posing as his lover and reinstating The Deep. Fearing for the safety of her ex-boyfriend Alex / Supersonic, she pleads with him not to join The Seven. However, he does so to support her. Mallory reveals to The Boys that Payback was deployed to assist t
Butcher meets Nina and negotiates The Boys' travel to Russia in exchange for assassinating one of Nina's targets. Upon learning of the V24, Hughie asks Butcher to let him use it. Butcher refuses, but Hughie secretly takes a dose, gaining the ability to teleport and uses it to kill one of the Russian soldiers guarding a secret laboratory. Inside, Butcher discovers a still-living Soldier Boy, who releases an energy blast that depowers and wounds Kimiko before escaping. While escaping to stabilize
Frenchie admits Kimiko to a hospital, where she is overjoyed to find she has lost her powers. She and Frenchie bond and share a kiss, but Frenchie is later kidnapped by Nina. Hughie reveals his V24 usage to a disappointed Starlight. Maeve gives Butcher another batch of V24 before drinking and having sex with him. She is later captured by Noir and Homelander. Ashley Barrett is named Vought's CEO after Edgar's departure. A-Train tells fellow Supe Blue Hawk to issue a public apology for using exces
The Deep and Homelander uncover security footage of Soldier Boy killing Crimson Countess, leading Noir to cut out his tracking chip and disappear. Nina kidnaps Kimiko and Frenchie's former partner Cherie and forces him to choose who to execute, but Kimiko frees herself and kills Nina's henchmen while Nina escapes. Neuman privately reveals her powers to Starlight and proposes an alliance, but Starlight declines. Butcher and Hughie help Soldier Boy track down his former teammates in exchange for h
Hiding out in an abandoned Buster Beaver's pizza restaurant, Noir is visited by his imaginary friends, the pizzeria franchise's mascots. They re-enact his abuse at Soldier Boy's hands and how he led most of Payback in ambushing and trading him to the Russians on Edgar's behalf before convincing him to confront his fears and face Soldier Boy. A-Train is successfully revived after receiving a heart transplant from Blue Hawk. Butcher, Hughie, and Soldier Boy seek Mindstorm, who subdues Butcher, tra
Homelander finds Ryan and reconciles with him. Unwilling to harm Hughie further, Butcher abandons him. Hughie meets with Annie to apologize. Maeve escapes Vought's custody and meets with Hughie, Annie, and M.M. Homelander kills Noir for withholding the knowledge of him being Soldier Boy's son. Butcher and Soldier Boy meet with The Boys, Annie, and Maeve, and trap all but Maeve in a safe room before leaving with her to kill Homelander. When Ryan defends Homelander, Soldier Boy attacks him too, ca