Banzai International shares surge 11.51% premarket after Q3 revenue jumps 163% and Superblocks acquisition.

Banzai International Inc. surged 11.51% in premarket trading following its Q3 2025 earnings report, which highlighted a 163% year-over-year revenue increase to $2.8 million, a 13% improvement in gross margin to 82%, and a 168% rise in annual recurring revenue to $11 million. The company also announced the acquisition of Superblocks, an AI platform expected to enhance product offerings and drive upsell opportunities, alongside a debt conversion agreement reflecting investor confidence. While operating expenses and adjusted EBITDA losses rose, the CEO emphasized strong pipeline growth in the BFSI sector and seven-figure deals in progress, signaling optimism about mid-market and enterprise customer expansion. These positive operational and strategic developments, despite ongoing profitability challenges, appear to have driven the significant premarket rally.