Comedy Central says, "We are grateful to Trevor for our amazing partnership over the past seven years. As we look ahead, we're excited for the next chapter in the 25+ year history of 'The Daily Show.'"
It's unclear when Trevor will leave the show ... our Comedy Central source says Trevor and the CC team are working together on "a timeline for his departure."
TN has hosted "The Daily Show" since 2015, taking over for longtime host Jon Stewarton the satirical news program.
During his time as host, Trevor won a Primetime Emmy Award ... and was nominated for a bunch of other awards.
In 2017, Trevor extended his contract with Comedy Central through 2022 ... and now he's leaving altogether.