Banzai International, Inc. ( (BNZI) ) has released its Q2 earnings. Here is a breakdown of the information Banzai International, Inc. presented to its investors.
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Banzai International, Inc. is a marketing technology company that provides AI-enabled marketing and sales solutions, focusing on helping businesses of all sizes target, engage, and measure customer interactions more effectively. The company operates in the marketing technology sector and serves over 140,000 customers, including prominent enterprises like RBC and Dell Technologies.
In its second quarter of 2025, Banzai International reported a significant growth in revenue, reaching $3.3 million, which marks a 205% increase compared to the same period last year. The company also achieved a gross profit of $2.7 million, representing a 267% growth year-over-year, with a gross margin expansion to 83%. Despite these positive metrics, Banzai reported a net loss of $7.8 million for the quarter.
Key financial highlights include an Annual Recurring Revenue (ARR) of $12.6 million, a 182% increase from the previous year, and a cash balance of $2.3 million as of June 30, 2025. The company also secured an $11 million debt facility to support acquisitions and operations. Strategically, Banzai expanded its customer base to over 140,000 and secured agreements with major enterprises for its OpenReel platform.
The company made notable leadership appointments, with Dean Ditto as CFO and Michael Kurtzman as Chief Revenue Officer, aiming to drive growth in its video engagement and webinar solutions. Banzai is focused on accelerating growth in self-service subscribers and enterprise expansion while managing costs efficiently.
Looking ahead, Banzai International aims to continue its strategic investments in product development and market expansion, with a focus on enhancing its financial position and achieving sustainable profitability. The company remains committed to strengthening its capital structure to support long-term shareholder value.