Business
Banzai Reports First Quarter 2026 Financial Results
Revenue of $2.7 million; Gross Profit of $2.2 million, Achieving Gross Margin of 80.7% Signed Non-Binding Letter of Intent to Acquire Assets of ConnectAndSell, Inc. ("ConnectAndSell"), Expected to Increase Revenue and Expand AI Platform Capabilities Management to Host First Quarter 2026 Results Conference Call Today, Friday, May 15, 2026 at 4:30 p.m. Eastern Time SEATTLE, May 15, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading AI-powered
About this update from Banzai International, Inc.
[{"type":"image","alt":"Banzai International, Inc.","displaySize":"","headline":null,"caption":"Banzai International, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":35,"url":"https://media.zenfs.com/en/globenewswire.com/72c297008a5be6af58a242da137f9a68"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_DEOsDy7n9pO76_tD59IFg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTQ5/https://media.zenfs.com/en/globenewswire.com/72c297008a5be6af58a242da137f9a68","width":150,"height":35},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/_DEOsDy7n9pO76_tD59IFg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTQ5/https://media.zenfs.com/en/globenewswire.com/72c297008a5be6af58a242da137f9a68","width":150,"height":35}},"lazy":false},{"type":"text","content":"Revenue of $2.7 million; Gross Profit of $2.2 million, Achieving Gross Margin of 80.7%","length":86,"tagName":"p"},{"type":"text","content":"Signed Non-Binding Letter of Intent to Acquire Assets of ConnectAndSell, Inc. ("ConnectAndSell"), Expected to Increase Revenue and Expand AI Platform Capabilities","length":172,"tagName":"p"},{"type":"text","content":"Management to Host First Quarter 2026 Results Conference Call Today, Friday, May 15, 2026 at 4:30 p.m. Eastern Time","length":130,"tagName":"p"},{"type":"text","content":"SEATTLE, May 15, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading AI-powered sales & marketing technology company, today reported financial results for the first quarter ended March 31, 2026.","length":252,"tagName":"p"},{"type":"text","content":"First Quarter 2026 and Key Financial & Operational Highlights","length":65,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Maintained revenue of $2.7 million for Q1 2026, which represented a decrease of 4% from Q4 2025, primarily due to one-time revenue.","length":141,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $2.2 million for Q1 2026, a decrease of $0.1 million compared to Q4 2025. Gross margin was 80.7% for Q1 2026 compared to 81.9% in Q4 2025.","length":164,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Loss for Q1 2026 was $8.4 million, compared to Q4 2025 Net Loss of $5.0 million.","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"Q1 2026 Adjust...