Filing Flows › Banzai International (PARA) › Q3 2025
Banzai International (PARA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Banzai International (PARA) reported revenue of $2.8M for the third quarter 2025 (Q3 2025), +163% from a year earlier and -9% from the quarter before. Operating margin was -155.7%, net loss $5.9M (207.0% of revenue).
Banzai International, Q3 2025: revenue $2.8M (+163% year over year), operating margin -155.7%, net loss $5.9M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | -9% | +163% |
| Operating profit | −$4.4M | — | — |
| Net earnings | −$5.9M | — | — |
| Operating cash flow | −$4.4M | — | — |
What changed
Revenue was $2.8M in Q3 2025, up 163% year over year and down 9% from the previous quarter.
Gross margin was 81.7%, up 13.0 points from a year earlier. Operating costs exceeded revenue by $4.4M, an operating margin of -155.7%. Operating expenses grew 92% against revenue growth of 163%. The quarter ended with a net loss of $5.9M, narrower than the previous quarter's $7.9M loss.
Operating cash flow was −$4.4M. Non-cash charges added back $294K of depreciation and amortization and $664K of share-based compensation. Working capital and other items added $536K.
Questions
What was Banzai International's revenue in the third quarter 2025?
Banzai International (PARA) reported revenue of $2.8M for the third quarter 2025 (Q3 2025), +163% from a year earlier and -9% from the quarter before.
Was Banzai International profitable in the third quarter 2025?
Operating loss was $4.4M (-155.7% of revenue) and net loss $5.9M.