Flagship explainer

How Banzai International, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$12.2M · 100%Cost of revenue$2.2M · 18%Gross profit$10M · 82%Operating income−$18.5M · −152%Income before tax−$22.4M · −184%Income tax$60617 · 0%Net income−$22.5M · −185%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$12.2M100%
Cost of revenue$2.2M18%
$10M82%
−$18.5M−152%
Income before tax−$22.4M−184%
Income tax$606170%
−$22.5M−185%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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