Picking up immediately where Reloaded ended, Neo and Bane still lie unconscious in the medical bay of the ship Mjolnir.

Seraph, Morpheus and Trinity enter Club Hel, where they confront the Merovingian and force him to release Neo.

Troubled by visions of the Machine City, Neo visits the Oracle, who reveals that Smith intends to destroy both the Matrix and the real world.

Zion's shipyard is overwhelmed by a horde of Sentinels, and the fatally wounded Captain Mifune instructs Kid to open the gate for the Mjolnir, which he does with the aid of Zee.

The climactic battle theme, named "Neodämmerung" (in reference to Wagner's Götterdämmerung), features a choir singing extracts (shlokas) from the Pavamana Mantra, introduced in the Upanishads.

The extracts were brought to Davis by the Wachowskis when he informed them that it would be wasteful for such a large choir to be singing simple "ooh"s and "aah"s (according to the DVD commentary, Davis felt that the dramatic impact of the piece would be lost if the choir was to sing 'This is the one, see what he can do' in plain English).

These extracts return in the film's denouement, and in Navras, the track that plays over the closing credits (which may be considered a loose remix of "Neodämmerung").

[15] In its first five days of release, the film grossed $83.8 million in the United States and Canada from 3,502 theaters,[16] but dropped 66% during the second week.

[19] Internationally, the film grossed $119 million in its first 5 days from 10,013 prints in 107 territories, with the third-biggest opening ever in Japan and Spain and the fourth biggest in the United Kingdom, Italy and Mexico.

[17] This made it the highest worldwide opening weekend for any film, holding the record until it was beaten by The Lord of the Rings: The Return of the King a month later.

[20] The Matrix Revolutions would also achieve the record for having the biggest international opening weekend for an R-rated film until 2015 when it was surpassed by Fifty Shades of Grey.

The site's critical consensus reads, "A disappointing conclusion to the Matrix trilogy as characters and ideas take a back seat to the special effects.

[31][32] Roger Ebert of the Chicago Sun-Times gave the film three stars out of four, despite offering criticisms of his own, on the grounds that it at least provided closure to the story well enough so that fans following the series would prefer seeing it as to not.

[34][35][36][37] Instead, they gave their blessing to the notion of gamers "inherit[ing] the storyline", and The Matrix Online video game was billed as the official continuation.

[38] In February 2015, in interviews promoting Jupiter Ascending, Lilly Wachowski called a return to The Matrix a "particularly repelling idea in these times", noting the studios' tendency to green-light sequels, reboots, and adaptations over original material,[39] while Lana Wachowski, addressing rumors about a potential reboot, said that they had not heard anything, but she believed that the studio might be looking to replace them.

[40] At various times, Keanu Reeves and Hugo Weaving have stated that they would be willing to reprise their roles in potential Matrix films, but only if the Wachowskis were involved.

[41][42] In March 2017, The Hollywood Reporter wrote that Warner Bros. was in early stages of developing a relaunch of the franchise, with Zak Penn in talks to write a treatment, and interest in getting Michael B. Jordan attached to star.

[43] Warner Bros. officially announced the development on a fourth film in August 2019, with Lana Wachowski serving as director and producer on it.

Production began in February 2020 in San Francisco,[44][45] briefly halted due to the COVID-19 pandemic,[46] and wrapped in November of that same year.