Parabolic Announces Preliminary Q3 2026 Revenue of $4.7 Million; Representing 106% Sequential Revenue Growth
ConnectAndSell contributed revenue for the first quarter following the transaction's close, expanding the consolidated revenue base.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Parabolic (NASDAQ: PARA) announced preliminary third-quarter 2026 revenue expected to be approximately $4.7 million, reflecting growth from its expanded business.
For the quarter ended September 30, revenue represents 106% sequential growth compared with $2.3 million in Q2 2026 and 65% year-over-year growth compared with $2.8 million in Q3 2025. ConnectAndSell contributed revenue for the first quarter following the transaction's close. Parabolic described the preliminary figure as record quarterly revenue and said a recently announced $9.3 million cost savings measure supports progress toward profitability.
The estimate is unaudited and subject to completion of quarter-end closing procedures. Full Q3 2026 results are scheduled for November 16, 2026, after market close; actual results may differ from the estimate.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Major point. Forward-looking: it has not happened yet and may not happen.$9.3 million cost savings measure recently announced; Parabolic says it supports progress toward profitability. 3.1× market cap
- Moderate point. Forward-looking: it has not happened yet and may not happen.Preliminary Q3 2026 revenue expected at approximately $4.7 million, up 106% sequentially and 65% year over year.
- Minor pointConnectAndSell integration added its first quarter of revenue contributions following the transaction's close.
Negative
- Minor pointPreliminary revenue is unaudited and remains subject to completion of quarter-end closing procedures.
News Explained
The release says expanded scale and announced savings strengthen financial footing; against that claim, June 30 cash was
Sources and calculations
- Parabolic preliminary Q3 2026 revenue announcement (2026-10-07)
- Parabolic Q2 2026 reported fundamentals (2026Q2)
- Available liquidity against the last reported quarterly operating outflow, in days at that rate $646,000 / ($3,865,000 / 91) = 15.2 days
Details
Market move: PARA -7.27% vs previous close. Q3 2026 preliminary revenue
On Oct 7, the day this news came out, the latest delayed price for PARA is 7.27% below the previous close. Argus tracked a peak move of +6.4% during the session. Our momentum scanner has recorded 9 alerts for this stock so far that day. The latest delayed price is $0.62. Relative volume is exceptionally heavy at 6.2x the average.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- Revenue
- $4.7 million
- Preliminary Q3 2026; unaudited and subject to quarter-end closing procedures
- Sequential revenue growth
- 106%
- Q3 2026 versus Q2 2026 revenue of $2.3 million
- Year-over-year revenue growth
- 65%
- Q3 2026 versus Q3 2025 revenue of $2.8 million
Previous Earnings Reports
-
Q2 revenue was $2.3 million, establishing the prior-quarter comparison cited in the preliminary Q3 update.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 10-q regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Third Quarter Top-Line Increases
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.
“Our preliminary third-quarter revenue demonstrates the clear operational scale we achieved following the close of our ConnectAndSell transaction. Reaching
“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
Parabolic will report full third quarter 2026 financial results on Monday, November 16, 2026, after market close. The preliminary revenue figure above is unaudited, is based on information currently available to management, and is subject to completion of the Company’s quarter-end closing procedures. Actual results may differ from this estimate and will be reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2026.
About Parabolic
Parabolic builds agentic applications that power the future of business. We believe that the future of enterprise software will be agentic applications that are net-beneficiaries of AI transformation, and we focus on building, acquiring, and investing in those and related businesses. We have over 150,000 customers including Amazon, Dell, Salesforce, Aflac, Thermo Fisher Scientific, RBC Wealth Management, and Fitch Group. Learn more at www.parabolic.io. For investors, please visit ir.banzai.io.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.
Investor Relations
Dean Ditto
Chief Financial Officer
206 414-1777
ir.banzai.io
Media
Paul Witkowski
Senior Director Financial Reporting
media@banzai.io
FAQ
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