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Parabolic Announces Preliminary Q3 2026 Revenue of $4.7 Million; Representing 106% Sequential Revenue Growth

Globe Newswire•07/10/2026•10:15 ET
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Key Highlights

  • ➤Q3 2026 revenue approximately $4.7 million, up 106% sequentially
  • ➤Q3 revenue increased 65% year over year from $2.8 million
  • ➤ConnectAndSell integration contributed first-quarter financial results
  • ➤Company announced $9.3 million in cost savings measures
  • ➤Full Q3 2026 results scheduled for November 16, 2026, after market close

Expert Statements

Joe Davy, Founder and CEO of Parabolic

“Our preliminary third-quarter revenue demonstrates the clear operational scale we achieved following the close of our ConnectAndSell transaction. Reaching $4.7 million in top-line revenue for the quarter is a significant milestone and record high quarterly revenue for Parabolic.”

Joe Davy, Founder and CEO of Parabolic

“Over the past three months, our team has focused heavily on executing a smooth post-merger integration, ensuring that our newly acquired enterprise accounts continue to receive premier service while beginning to migrate infrastructure to our core platform. This expanded top-line scale, when paired with the $9.3 million cost savings measure we recently announced, strengthens our financial footing and supports our progress toward profitability.”

SEATTLE, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: PARA) (d/b/a “Parabolic” or the “Company”), a leading AI-powered agentic applications technology company, today announced selected preliminary revenue for the third quarter ended September 30, 2026 to provide visibility into the operational progress of its scaled business platform.

Preliminary Third Quarter 2026 Revenue Highlights * Total Revenue: Expected to be approximately $4.7 million for the third quarter of 2026. * Sequential Growth: Represents an increase of 106% compared to $2.3 million in the second quarter of 2026. * Year-Over-Year Growth: Represents an increase of 65% compared to $2.8 million in the third quarter of 2025. Consolidated third-quarter revenue reflects top-line expansion from the ConnectAndSell platform integration, marking the first quarter of financial contributions from this business unit.

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