A third film was announced the day before PAW Patrol: The Mighty Movie (2023) was theatrically released.
The fifteenth theatrically released third installment to an animated film franchise of all time (not counting spinoffs), after Pokémon 3 the Movie: Spell of the Unown (2000), Rugrats Go Wild (2003), Shrek the Third (2007), Ice Age: Dawn of the Dinosaurs (2009), Toy Story 3 (2010), Madagascar 3: Europe's Most Wanted (2012), Kung Fu Panda 3 (2016), Cars 3 (2017), Despicable Me 3 (2017), Hotel Transylvania 3: Summer Vacation (2018), How to Train Your Dragon: The Hidden World (2019), The SpongeBob Movie: Sponge on the Run (2020), Trolls Band Together (2023) and Spider-Man: Beyond the Spider-Verse.