Iron Fist was among the four initial series that Marvel sold to Netflix back in 2013, and it was also one of the most divisive. While the first season took a beating from critics, the recently released second season received a warmer reception and higher praise. But it apparently wasn’t enough to convince Netflix to order another season.
Via Deadline, Netflix and Marvel released a joint announcement confirming Iron Fist‘s cancellation after two seasons. In a statement, they said “Marvel’s Iron Fist will not return for a third season on Netflix. Everyone at Marvel Television and Netflix is proud of the series and grateful for all of the hard work from our incredible cast, crew and showrunners. We’re thankful to the fans who have watched these two seasons, and for the partnership we’ve shared on this series. While the series on Netflix has ended, the immortal Iron Fist will live on.”