Filing Flows › Banzai International (PARA) › Q4 2025
Banzai International (PARA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Banzai International (PARA) reported revenue of $2.8M for the fourth quarter 2025 (Q4 2025), +116% from a year earlier and -1% from the quarter before. Operating margin was -152.5%, net loss $5.0M (179.0% of revenue).
Banzai International, Q4 2025: revenue $2.8M (+116% year over year), operating margin -152.5%, net loss $5.0M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | -1% | +116% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$5.0M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $2.8M in Q4 2025, up 116% year over year and down 1% from the previous quarter.
Gross margin was 81.9%, up 10.6 points from Q4 2024. Operating costs exceeded revenue by $4.3M, an operating margin of -152.5%. Operating expenses grew 36% against revenue growth of 116%. The fastest-growing cost line was Other operating costs (+1410%). The quarter ended with a net loss of $5.0M, narrower than the previous quarter's $5.9M loss.
Operating cash flow was −$2.3M. Non-cash charges added back $309K of depreciation and amortization and $922K of share-based compensation. Working capital and other items added $1.5M.
Questions
What was Banzai International's revenue in the fourth quarter 2025?
Banzai International (PARA) reported revenue of $2.8M for the fourth quarter 2025 (Q4 2025), +116% from a year earlier and -1% from the quarter before.
Was Banzai International profitable in the fourth quarter 2025?
Operating loss was $4.3M (-152.5% of revenue) and net loss $5.0M.