My Chemical Romance frontman Gerard Way has indicated the band hopes to record a new album, which would be its first in more than 15 years, during remarks made on the closing night of their Black Parade tour in San Antonio on 12 September. Speaking to fans at the Alamodome, Way was careful to frame this as an aspiration rather than a confirmed plan, saying the band has "always wanted to make another record" and hopes "life allows us to do that," while giving no title, timeline or release date. The comments matter as they represent the band's clearest public acknowledgement yet of a possible fifth studio album since their 2019 reunion, and came at the end of a hugely successful run marking the 20th anniversary of The Black Parade.

Any new record would be My Chemical Romance's first full-length release since 2010's Danger Days: The True Lives of the Fabulous Killjoys, the band having issued only one standalone single, "The Foundations of Decay", since reforming. The tour, which saw them perform The Black Parade in full, has been extended into a global stadium run dubbed The Black Parade 2026, taking in North America, the UK and Europe, alongside a 20th-anniversary reissue of the album due in October; The Black Parade itself was certified four-times platinum in the US, while its lead single "Welcome to the Black Parade" reached number nine on the Billboard Hot 100 and has gone five-times platinum.