Karate Kid: Legends, a follow up starring Ralph Macchio and Jackie Chan along with a new ‘Karate Kid’, was announced in 2022 and is set to release later this year. The film is reported to come years after the end of Cobra Kai, and is not a direct continuation, with a totally different creative team.

Ralph Macchio wouldn't mind doing a Cobra Kai movie in a few years, provided Karate Kid: Legends is a success. "Listen, I said it was the end for me when I got done with the last 1980s Karate Kid movie," Macchio told NME. "So I will say never say never. If Karate Kid: Legends does well, I would love to see a Cobra Kai movie in two or three years."

They were '80s rivals in the movie "The Karate Kid." Now Ralph Macchio and William Zabka have become "brothers in arms" on Netflix's "Cobra Kai."