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BZFD

BuzzFeed, Inc.

BZFD

BuzzFeed, Inc. • NASDAQ
$0.94 ▲ 2.79% (+0.03)
Market Cap $34.80 M
52w High $5.68
52w Low $0.84
Dividend Yield 0%
P/E -1.03
Volume 366.97K
Outstanding Shares 37.19M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $46.317M ▼ $22.721M ▲ $-7.435M ▲ -16.052% ▲ $-0.2 ▲ $-2.842M ▲
Q2-2025 $46.394M ▲ $21.873M ▼ $-10.82M ▲ -23.322% ▲ $-0.284 ▲ $-4.674M ▲
Q1-2025 $36.021M ▲ $26.271M ▲ $-12.671M ▼ -35.177% ▼ $-0.328 ▼ $-6.625M ▼
Q4-2024 $33.88M ▼ $20.663M ▼ $31.031M ▲ 91.591% ▲ $-0.1 ▼ $-4.929M ▼
Q3-2024 $64.32M $27.044M $2.089M 3.248% $0.055 $10.903M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $34.292M ▲ $211.211M ▲ $134.555M ▲ $75.866M ▼
Q2-2025 $29.706M ▼ $210.354M ▲ $126.454M ▲ $81.127M ▼
Q1-2025 $34.326M ▼ $203.249M ▼ $106.957M ▼ $93.796M ▼
Q4-2024 $38.648M ▼ $221.398M ▼ $114.456M ▼ $104.774M ▲
Q3-2024 $53.723M $276.543M $202.473M $71.68M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-7.426M ▲ $1.736M ▲ $-4.131M ▼ $7.086M ▼ $4.586M ▲ $-2.395M ▲
Q2-2025 $-10.627M ▲ $-10.099M ▼ $-3.667M ▼ $8.899M ▲ $-4.62M ▼ $-10.545M ▼
Q1-2025 $-12.461M ▼ $1.344M ▲ $-3.449M ▼ $-2.454M ▲ $-4.322M ▲ $-2.172M ▲
Q4-2024 $-2.872M ▼ $-4.555M ▼ $79.525M ▲ $-89.4M ▼ $-15.075M ▼ $-7.53M ▼
Q3-2024 $2.512M $9.579M $-3.171M $1.196M $8.262M $6.408M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Advertising
Advertising
 $30.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Commerce And Other
Commerce And Other
 $20.00M ▲$0 ▼$10.00M ▲$10.00M ▲
Content
Content
 $20.00M ▲$0 ▼$0 ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement BuzzFeed’s income statement tells a story of a business that has struggled to turn its well-known brand into consistent profits. Revenue climbed coming out of 2020 but has trended down since its 2021 peak, suggesting pressure on its advertising and media model. The company still earns money on each dollar of sales after content and direct costs, but overhead and other operating expenses are high enough that operating profit has been negative for several years in a row. Profitability briefly appeared around the time of the SPAC listing, but since then net losses have become the norm, with one particularly weak year in the middle of the period. More recently, losses have narrowed compared with the worst year, hinting at cost-cutting and restructuring, but the business has not yet shown a clear, sustained path to solid earnings.

Balance Sheet

Balance Sheet The balance sheet is relatively small and has been shrinking since the SPAC era, which reflects both asset sales and ongoing losses. Cash on hand is modest and has not grown meaningfully, leaving only a limited cushion to absorb future volatility. Debt jumped after 2020 and, while it has been reduced somewhat, it remains material compared with the company’s equity, which itself has eroded as losses have accumulated. Overall, BuzzFeed operates with a lean asset base, modest financial flexibility, and not a lot of room for major missteps. The reverse stock split in 2024 also underlines the market’s earlier pressure on the share price and the company’s constrained equity position.

Cash Flow

Cash Flow BuzzFeed’s cash flows show a business that has not been meaningfully self-funding. Operating cash flow was clearly positive only in 2020 and has hovered slightly below breakeven in most subsequent years. Free cash flow has generally been negative, though the amount of cash burn has been relatively small in absolute terms because the business does not require heavy capital spending. Capital expenditures are light, which fits a digital, content-driven model, but even with that advantage, ongoing operations have not consistently covered the company’s investment needs. This means BuzzFeed has had to rely at least partly on its cash balance, financing, or asset moves rather than on strong internal cash generation.

Competitive Edge

Competitive Edge BuzzFeed’s core strengths lie in its brand, cultural relevance, and data-driven approach to viral content. It remains a recognizable name with particular resonance among younger audiences, and it has long experience in creating shareable formats that perform well across social platforms. Its ability to track, test, and optimize content in real time is a real operational advantage. However, the competitive environment is intense: it faces not only other digital media outlets but also user-generated platforms, streaming services, and constantly changing social media algorithms. BuzzFeed’s reliance on third-party platforms for distribution and traffic is a structural vulnerability. Diversification into commerce and branded content has helped broaden revenue sources, but the company is still a relatively small player in a market dominated by much larger tech and media platforms.

Innovation and R&D

Innovation and R&D Innovation is one of BuzzFeed’s clearer bright spots. The company has invested heavily in analytics, machine learning, and now generative AI to understand audiences and tailor content. It is experimenting with AI-enhanced quizzes, personalized experiences, and AI-assisted article creation, all integrated directly into its content systems to improve speed and engagement. On top of that, the planned launch of the AI-powered “BF Island” platform is an ambitious attempt to move from being just a content producer on other people’s platforms to owning a social and creative environment of its own. This project, along with its broader AI initiatives, offers meaningful upside if BuzzFeed can attract and retain users, convert them into paying or highly engaged customers, and do so without alienating its audience or diluting its brand. The flip side is that these are unproven bets in a crowded, fast-moving space, so execution risk is high.

Summary

BuzzFeed is a well-known digital media brand going through a difficult but active transition. Financially, it has faced shrinking revenue compared with its peak years, persistent operating and net losses, and thin but manageable liquidity, with limited room for prolonged missteps. Cash flow has not yet become reliably positive, and the balance sheet carries only a modest equity cushion relative to its obligations. Competitively, BuzzFeed’s strengths are its brand, deep familiarity with internet culture, and a refined playbook for viral, data-informed content, offset by dependence on external platforms and intense rivalry in digital advertising and entertainment. The company’s most promising levers lie in its innovation efforts: advanced analytics, AI-driven content, commerce integration, and especially the push toward its own AI-powered platform, BF Island. The overall picture is of a company with real creative and technological assets, but one that still needs to prove it can translate those assets into durable, growing, and cash-generative economics over time.

NEWS

November 6, 2025 · 4:10 PM UTC

BuzzFeed, Inc. Reports Q3 2025 Results

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October 15, 2025 · 10:06 AM UTC

BuzzFeed, Inc. to Release Third Quarter 2025 Financial Results on Thursday, November 6, 2025

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September 11, 2025 · 3:04 PM UTC

BuzzFeed Studios Relaunches Flagship “BuzzFeed Video” YouTube Channel: Fan-Favorites Return, New Series Launch

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