• Pete Davidson confirmed his "Saturday Night Live" departure via Instagram, hours before the Season 47 finale 
  • The comedian said that "SNL" will always be his home and that he was looking forward to returning in the future
  • Davidson thanked Lorne Michaels and the "SNL" cast and crew for "always having my back"

Pete Davidson is saying goodbye to "Saturday Night Live" after eight seasons.

Hours after multiple outlets reported that he is leaving the NBC series and that Saturday's Season 47 finale will be his last, Davidson, 28, confirmed his departure in an Instagram post shared by his friend, "SNL" writer Dave Sirus, Saturday.

The video, which Sirus shared hours before the "SNL" Season 47 finale aired, showed comedian Jerrod Carmichael hugging Davidson after the latter made his debut on the comedy sketch series in 2014.

"From Pete: This video was taken eight years ago. Jerrod sent it to me last night, and it made me super emotional in the best way. In the video, I had just gotten back from doing my very first ['Weekend Update'] and sketch. It's crazy to think that today I'll be doing my last one," the caption read.

Davidson reflected on his legacy as one of the youngest cast members in the show's history, noting that he "wasn't really a sketch performer" when he first joined "SNL" at 20 years old.

"I knew I could never keep up or go toe to toe with a Kenan Thompson or a Kate McKinnon so I was super scared at figuring out what I could possibly bring to or do for such a historic, respected show and platform. I figured since I'm a stand-up, I'll just try my stand-up and personal bits on 'Weekend Update' as myself, and I'm so glad I did. I got to share so much with this audience and literally grow up in front of your eyes. We were together through the good and the bad, the happiest and the darkest of times," he wrote.

The "King of Staten Island" actor went on to express his gratitude to the "SNL" cast and crew, saying that he owes producer Lorne Michaels and his colleagues at the show his "life."

"I appreciate you guys always having my back and sticking up for me even when that wasn't the popular opinion. Thank you for always believing in me and sticking by my side even when it seemed comical. Thank you for teaching me life values, how to grow up and for giving me memories that will last a lifetime," the message continued.

Although Davidson is leaving the show, he assured fans that he will return someday.

"'SNL' is my home. I’m so happy and sad about tonight’s show. For so many reasons I can’t explain. Can’t wait to be back next year in a [John] Mulaney musical number," Davidson's note concluded.

He signed it "Resident young person Pete Davidson," a reference to how he was frequently introduced on "Weekend Update."

Saturday night's episode featured Natasha Lyonne as host and Japanese Breakfast as musical guest. It also marked the reported final appearances of "SNL" cast members Kate McKinnon, Aidy Bryant and Kyle Mooney.

In the episode, Davidson appeared in the "Weekend Update" segment to discuss his tenure on "SNL." He name-dropped Kanye West, Ariana Grande and Dan Crenshaw.

Due to his appearance in the "SNL" Season 47 finale, Davidson didn't join his girlfriend Kim Kardashian in Italy for Kourtney Kardashian and Travis Barker's wedding this weekend.

Kardashian and Davidson started dating after the Skims founder made her hosting debut on "SNL" in October last year.

Pete Davidson will be the only non-paying guest on the voyage about the New Shepard rocket, which is set to blast off from the company's Launch Site One in West Texas on March 23
Pete Davidson will be the only non-paying guest on the voyage about the New Shepard rocket, which is set to blast off from the company's Launch Site One in West Texas on March 23 AFP / Samuel Corum