The final episode of The Colbert Report originally aired in the United States on December 18, 2014, on Comedy Central.

Colbert continues by announcing the winners of the auction for his desk and fireplace set from the show's one-on-one interview area, which collectively accumulated a total of $313,420 for the Yellow Ribbon Fund and DonorsChoose.

He then starts the final installment of "The Wørd" segment with "Same to You, Pal", including a series of clips features memorable moments and ventures done by Stephen over the past nine years.

Returning from a commercial break Stephen explains he was going to say goodbye before ending the series, but now that he has become immortal, he realizes it would be meaningless and begins singing the song "We'll Meet Again."

Soon after he starts singing he is immediately joined by Jon Stewart, as the song proceeds the studio continues to fill rapidly with several recognizable figures who have been involved in the show throughout its run.

Jon thanks Stephen for the report and introduces the Moment of Zen, which is a previously unaired clip of Stewart checking in with Colbert from June 3, 2010.

[6] One week later on April 10, 2014, it was announced that Colbert was chosen to replace Letterman as the host of Late Show on CBS beginning in 2015.

On the July 30, 2014 episode, actor James Franco tried unsuccessfully to get Colbert to break character by mentioning the upcoming show.

[14] The closing credits offer an apology to Doris Kearns Goodwin (as part of a running gag on the series), and feature the song "Holland, 1945" by Neutral Milk Hotel, as a tribute to Colbert's father and two of his older brothers, Peter and Paul, who were killed in the crash of Eastern Air Lines Flight 212 when he was 10 years old.

[14] During the episode Colbert sings the 1939 song "We'll Meet Again" in its entirety alongside a large group a recognizable figures, most of which had previously made guest appearances on the show.

The finale was the most watched cable program of the night in its time slot, beating The Daily Show, which was seen by 2.032 million viewers.

[23] The Guardian wrote, "It was the perfect way to say goodbye, with his narcissistic character riding off into the great beyond, to live forever in the minds and actions of his fans.