The Young And The Restless Preview Week Of Feb 23: Phyllis Returns, Matt MIA, Devon’s Lead

The Young and the Restless spoilers reveal a preview clip has been released for the week of February 23, 2026. It shows Phyllis Summers (Michelle Stafford) returning in a rage.

Matt Clark (Roger Howarth) has disappeared. Plus, Devon Winters (Bryton James) has a lead on Lily Winters (Christel Khalil). Keep reading to find out what is coming up in the CBS soap opera.

Phyllis Summers’ Rageful Return

Let’s start off with Phyllis. Nobody knew where the woman disappeared to. At least, until Cane Ashby (Billy Flynn) spoke to Daniel Romalotti, Jr. (Michael Graziadei). Phyllis went to Milan but returns during the week of February 23.

Phyllis storms into a restaurant, where Daniel and Tessa Porter (Cait Fairbanks) are practicing music. The redhead comes storming on a mile a minute. The woman doesn’t even say hello, it’s just, “Daniel Romalotti, Jr, I will never, ever, ever forgive you for this!”

Devon Winters’ Lead

Over at the Chancellor manse, Devon and Nate Hastings (Sean Dominic) have a lead on Lily and the twins. They talk to Abby Winters (Melissa Ordway) about the discovery. The two men explain that they feel the lead should be checked out. 

Although Abby seems on edge, she agrees. The blonde knows that Devon needs to do this to make sure his loved ones are safe. However, that will leave Abby and Dominic Newman-Abbott-Winters-Chancellor (Ethan Ray Clark) vulnerable. 

#yr Preview pic.twitter.com/s1akT0yg72

— Sharon Champagne (@chiarachampagne) February 19, 2026

Matt Clark MIA

The Young and the Restless spoilers reveal that the preview clip also features some new information about Matt.

It sounds like the man has gone missing again. Victor Newman (Eric Braeden) tries to explain the news to Nick Newman (Joshua Morrow) and Nikki Newman (Melody Thomas Scott). 

As Nikki looks horrified, Victor tells his son that once Matt was released, he took off. This villain is extremely dangerous and I can’t help but notice the timing with Nick’s addiction.

Nick Newman’s Fury

While Victor tries to figure out what to do, Nick blows up. As a fearful Nikki watches, Nick declares, “That means he could be anywhere. He could be on this ranch! How is this happening again?”

What are the chances that Nick finds Matt, but doesn’t turn him in? Will Nick’s addiction cause him to make a deal with the devil despite the danger to his family?

It also means that Sharon Newman (Sharon Case) will be primarily focused on Matt and Mariah Copeland (Camryn Grimes), causing her concerns about Nick to fade into the background. That means by the time Sharon learns about Nick’s addiction, it could be too late.

Which storyline are you looking forward to seeing the most during the week of February 23, 2026? Share your thoughts in the comment section below. Remember to keep watching the soap on CBS or Paramount+ to find out what happens next.