biblatex not recognizing references (but does in Overleaf)

Question

A document in Overleaf compiles fine with references. However, using the same compiler locally yields "Citation x on page n undefined (...)", and the references are not showing, only the bracket with the labels: [label]

Using biblatex as so:

\documentclass{report}
\usepackage[utf8]{inputenc}
\usepackage{biblatex}

\addbibresource{references.bib}

\begin{document}
\paragraph{}
yoyo \cite{kniberg2015}

\printbibliography

\end{document}

with references.bib:

@book{kniberg2015,
    title     = {Scrum and XP from the trenches - How we do Scrum},
    author    = {H. Kniberg},
    year      = {2015},
    publisher = {C4Media}
}

As mentioned, this works fine in Overleaf. I do have biblatex installed locally.