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Side-by-side financial comparison of Banzai International, Inc. (BNZI) and Ensysce Biosciences, Inc. (ENSC). Click either name above to swap in a different company.

Banzai International, Inc. is the larger business by last-quarter revenue ($2.8M vs $1.9M, roughly 1.5× Ensysce Biosciences, Inc.). Ensysce Biosciences, Inc. runs the higher net margin — -147.0% vs -207.0%, a 59.9% gap on every dollar of revenue. On growth, Banzai International, Inc. posted the faster year-over-year revenue change (163.2% vs 44.4%). Over the past eight quarters, Ensysce Biosciences, Inc.'s revenue compounded faster (107.9% CAGR vs 60.2%).

Banzai International, Inc. is a SaaS enterprise that develops cloud-based marketing automation platforms. It primarily serves B2B clients across technology, healthcare, and financial services segments in the U.S. market, helping businesses optimize customer engagement, drive demand generation, and improve marketing campaign ROI.

Ensysce Biosciences, Inc. is a clinical-stage biotechnology firm specializing in developing innovative prodrug therapies for pain management and oncology indications. Its proprietary platform is designed to reduce opioid abuse risks while enhancing treatment efficacy, targeting global healthcare and pharmaceutical markets with a focus on unmet clinical needs.

BNZI vs ENSC — Head-to-Head

Bigger by revenue
BNZI
BNZI
1.5× larger
BNZI
$2.8M
$1.9M
ENSC
Growing faster (revenue YoY)
BNZI
BNZI
+118.8% gap
BNZI
163.2%
44.4%
ENSC
Higher net margin
ENSC
ENSC
59.9% more per $
ENSC
-147.0%
-207.0%
BNZI
Faster 2-yr revenue CAGR
ENSC
ENSC
Annualised
ENSC
107.9%
60.2%
BNZI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BNZI
BNZI
ENSC
ENSC
Revenue
$2.8M
$1.9M
Net Profit
$-5.9M
$-2.8M
Gross Margin
81.7%
Operating Margin
-155.7%
-147.8%
Net Margin
-207.0%
-147.0%
Revenue YoY
163.2%
44.4%
Net Profit YoY
61.8%
22.3%
EPS (diluted)
$-1.64
$-0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BNZI
BNZI
ENSC
ENSC
Q4 25
$1.9M
Q3 25
$2.8M
$493.1K
Q2 25
$3.3M
$1.4M
Q1 25
$3.4M
$1.3M
Q4 24
$1.3M
Q3 24
$1.1M
$3.4M
Q2 24
$1.1M
Q1 24
$1.1M
Net Profit
BNZI
BNZI
ENSC
ENSC
Q4 25
$-2.8M
Q3 25
$-5.9M
$-3.7M
Q2 25
$-7.9M
$-1.7M
Q1 25
$-3.6M
$-1.9M
Q4 24
$-3.6M
Q3 24
$-15.4M
$661.8K
Q2 24
$-4.0M
Q1 24
$-4.3M
Gross Margin
BNZI
BNZI
ENSC
ENSC
Q4 25
Q3 25
81.7%
Q2 25
83.0%
Q1 25
82.1%
Q4 24
Q3 24
68.7%
Q2 24
69.1%
Q1 24
64.7%
Operating Margin
BNZI
BNZI
ENSC
ENSC
Q4 25
-147.8%
Q3 25
-155.7%
-758.7%
Q2 25
-144.2%
-127.6%
Q1 25
-145.2%
-149.1%
Q4 24
-274.3%
Q3 24
-256.5%
18.9%
Q2 24
-315.7%
Q1 24
-315.2%
Net Margin
BNZI
BNZI
ENSC
ENSC
Q4 25
-147.0%
Q3 25
-207.0%
-756.3%
Q2 25
-243.1%
-126.4%
Q1 25
-107.8%
-147.4%
Q4 24
-273.4%
Q3 24
-1426.4%
19.4%
Q2 24
-370.3%
Q1 24
-397.4%
EPS (diluted)
BNZI
BNZI
ENSC
ENSC
Q4 25
$-0.51
Q3 25
$-1.64
$-1.29
Q2 25
$-4.08
$-0.79
Q1 25
$-0.15
$-1.39
Q4 24
$-0.89
Q3 24
$-48.73
$1.00
Q2 24
$-14.09
Q1 24
$-1.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BNZI
BNZI
ENSC
ENSC
Cash + ST InvestmentsLiquidity on hand
$851.4K
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.4M
$3.2M
Total Assets
$33.0M
$7.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNZI
BNZI
ENSC
ENSC
Q4 25
$4.3M
Q3 25
$851.4K
$1.7M
Q2 25
$2.3M
$2.2M
Q1 25
$780.8K
$3.1M
Q4 24
$3.5M
Q3 24
$4.3M
$4.2M
Q2 24
$471.7K
Q1 24
$1.0M
Stockholders' Equity
BNZI
BNZI
ENSC
ENSC
Q4 25
$3.2M
Q3 25
$5.4M
$1.2M
Q2 25
$3.0M
$3.4M
Q1 25
$2.9M
$3.0M
Q4 24
$3.7M
Q3 24
$-22.8M
$6.9M
Q2 24
$-31.8M
Q1 24
$-30.8M
Total Assets
BNZI
BNZI
ENSC
ENSC
Q4 25
$7.5M
Q3 25
$33.0M
$3.2M
Q2 25
$34.7M
$5.6M
Q1 25
$33.7M
$4.6M
Q4 24
$5.6M
Q3 24
$7.3M
$9.4M
Q2 24
$3.8M
Q1 24
$4.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BNZI
BNZI
ENSC
ENSC
Operating Cash FlowLast quarter
$-4.4M
$-1.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNZI
BNZI
ENSC
ENSC
Q4 25
$-1.5M
Q3 25
$-4.4M
$-1.9M
Q2 25
$-4.0M
$-2.7M
Q1 25
$-5.0M
$-1.7M
Q4 24
$-764.1K
Q3 24
$-1.6M
$-1.0M
Q2 24
$-1.7M
Q1 24
$-2.1M
Cash Conversion
BNZI
BNZI
ENSC
ENSC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-1.54×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BNZI
BNZI

Other$1.7M60%
Banzai Operating$1.1M40%

ENSC
ENSC

Segment breakdown not available.

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