Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Banzai International, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
5.33
4.56
4.53
12.2
Cost of revenue
1.96
1.44
1.42
2.19
Gross profit
3.38
3.12
3.11
9.97
General and administrative
2.48
9.28
12.9
16.5
27.3
Operating expenses
9.59
12.9
16.6
28.4
Operating income
-2.68
-6.21
-9.8
-13.5
-18.5
Interest income
0.02
0
0
0
0
Other non-operating income
-9.26
-4.61
-18
-3.97
Pre-tax income
11.6
-15.5
-14.4
-31.5
-22.4
Income tax
0
0
0
0.06
Net income
11.6
-15.5
-14.4
-31.5
-22.5
EBITDA
-6.2
-9.79
-13.4
-17.3
EPS, basic
-68.62
-60.04
-69.75
-5.95
EPS, diluted
-68.62
-60.04
-69.75
-5.95
Shares, basic (weighted)
0.23
0.24
0.45
3.78
Shares, diluted (weighted)
0.23
0.24
0.45
3.78
Balance sheet
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.71
1.02
2.09
1.09
0.26
Receivables
0.07
0.07
0.11
0.94
0.71
Other current assets
0.26
0.04
0.07
0.05
0
Total current assets
0.98
1.43
2.94
2.67
1.41
Property, plant and equipment
0.01
0
0
0.01
Lease right-of-use assets
0.31
0.13
0.07
0.06
Goodwill
2.17
2.17
2.17
19
22
Intangible assets
0
3.88
8.03
Total assets
231
5.48
5.29
25.7
31.6
Accounts payable
0.34
1.1
6.44
7.78
2.49
Accrued liabilities
1
1.76
Deferred revenue
0.93
1.21
3.93
3.64
Total current liabilities
1.52
29.3
37.1
28.3
22.4
Lease liabilities
0.23
0
0.05
0.03
Other non-current liabilities
0.08
0.08
0
Total liabilities
21.1
29.6
37.2
28.4
23.6
Paid-in capital
0
8.25
14.9
75.5
109
Retained earnings
-20.1
-32.4
-46.8
-78.3
-101
Other comprehensive income
0
-0.09
Shareholders' equity
-15.7
-24.1
-31.9
-2.76
8.06
Total equity
-15.7
-24.1
-31.9
-2.76
8.06
Total liabilities and equity
231
5.48
5.29
25.7
31.6
Shares outstanding
5.75
0.23
0.26
0.82
0.53
Cash flow statement
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
11.6
-15.5
-14.4
-31.5
-22.5
Depreciation and amortization
0.01
0.01
0.02
1.15
Stock-based compensation
0.77
1.25
1.17
2.68
Deferred income tax
-0.15
Change in receivables
-0.09
0.07
0.02
0.21
Change in payables
0.33
0.66
5.34
1.01
-0.38
Cash from operations
-1.01
-5.17
-1.55
-9.58
-15.7
Capital expenditures
-0.01
0
Acquisitions
0
0.08
0
Cash from investing
0
-0.01
0
0.08
-2.68
Stock issued
0.01
0.03
6.26
Cash from financing
0
4.42
2.62
8.49
17.6
Exchange rate effect
0
-0.08
Net change in cash
-1.01
-0.76
1.07
-1.01
-0.83
Free cash flow
-5.18
-1.55
Interest paid
0.63
0.96
0.34
1.1
Income taxes paid
-0
0.01
0.01
0.01
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.91 on August 6, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
81.2%
Gross profit / revenue.
Operating margin
-177.7%
Operating income / revenue.
EBITDA margin
-166.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-227.9%
Pre-tax income / revenue.
Net margin
-228.7%
Net income / revenue.
Operating cash flow margin
-151.1%
Cash from operations / revenue.
Return on equity (ROE)
-198.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-77.6%
Net income / average total assets.
Return on invested capital (ROIC)
-128.8%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
38.3%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
11.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
168.6%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
31.6%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
221.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
43.5%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
23.2%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
79.4%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
748.6%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
156.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.10x
Current assets / current liabilities.
Quick ratio
0.06x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.04x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$6.53
Revenue / diluted weighted shares.
Operating cash flow per share
-$9.86
Cash from operations / diluted weighted shares.
Book value per share
$4.55
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.48x
Market cap / revenue.
P/B
0.42x
Market cap / shareholders' equity. Only when equity is positive.
EV/Sales
0.42x
Enterprise value / revenue.
Earnings yield
-472.9%
Net income / market cap (the inverse of P/E).
What was Banzai International, Inc.'s revenue in fiscal 2025?
Banzai International, Inc. reported revenue of $12.2M for fiscal 2025, 168.6% higher than the year before.
Was Banzai International, Inc. profitable in fiscal 2025?
No. It reported a net loss of $22.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.