Banzai shares surge 22.61% after hours on 163% revenue growth, improved gross margins, and Superblocks AI acquisition.

Banzai surged 22.61% in after-hours trading following its Q3 2025 earnings report, which highlighted a 163% revenue increase to $2.8 million and a 213% rise in gross profit to $2.3 million, with gross margin expanding to 81.7%. The company also announced a 168% year-over-year jump in annual recurring revenue to $11.0 million and completed a $4.8 million debt payoff, signaling improved liquidity. Strategic moves, including the acquisition of AI-driven Superblocks and a $11.0 million debt facility, bolstered growth prospects, while an institutional investor’s 18.7% equity stake underscored confidence in the company’s trajectory. Management additions and operational efficiency gains further reinforced the positive sentiment, despite ongoing net losses and low cash balances.