BuzzFeed Inc (BZFD) Income Statement
BZFD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBZFD revenue and net income
Where BZFD's revenue goes
2025Each bar shows an amount and its share of revenue. BZFD kept −31.2% of revenue as net income.
BZFD profit margins
BZFD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.4% | −17.2% | −10.4% | — |
| Gross profit | −30.1% | −25.1% | −20.0% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BZFD quarterly EPS vs estimates
BuzzFeed beat the analyst EPS estimate in 0 of the last 6 quarters. Next report: November 5, 2026 (estimate $-0.09).
BZFD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $185.3M | $189.9M | $252.7M | $325.8M | $397.6M | $321.3M | $317.9M | $307.3M |
| Cost of revenue | $126.0M | $105.1M | $142.4M | $184.5M | $207.4M | $140.3M | $150.3M | $169.6M |
| Gross profit | $59.3M | $84.8M | $110.3M | $141.2M | $190.2M | $181.0M | $167.6M | $137.6M |
| Research & development | $10.8M | $10.9M | $11.2M | $27.1M | $24.9M | $17.7M | $21.1M | $26.5M |
| Sales, general & admin | $50.4M | $78.4M | $117.0M | $155.5M | $167.5M | $133.7M | $167.3M | $169.4M |
| Total operating expenses | $72.4M | $108.4M | $150.1M | $255.8M | $215.3M | $168.9M | $207.8M | $217.7M |
| Operating income | −$13.1M | −$23.5M | −$39.8M | −$114.6M | −$25.2M | $12.1M | −$40.3M | −$80.1M |
| Interest expense | $5.7M | $6.8M | $16.1M | $6.4M | $3.2M | $923,000 | $2.7M | $0 |
| Income before taxes | −$56.9M | −$33.3M | −$58.7M | −$114.8M | −$528,000 | $12.1M | −$37.3M | −$77.6M |
| Income taxes | $386,000 | $662,000 | $1.6M | $2.7M | −$26.4M | $941,000 | −$358,000 | $902,000 |
| Net income | −$57.7M | −$10.1M | −$88.6M | −$201.0M | $24.7M | $10.3M | −$37.2M | −$77.5M |
| EBITDA | −$35.4M | −$7.4M | −$22.3M | −$85.8M | $25.5M | $30.5M | −$20.8M | −$58.3M |
| EPS (diluted) | −$1.53 | −$1.21 | −$1.99 | −$3.51 | −$0.03 | −$0.44 | −$0.35 | — |
| Gross margin | 32.0% | 44.7% | 43.7% | 43.4% | 47.8% | 56.3% | 52.7% | 44.8% |
| Operating margin | −7.1% | −12.4% | −15.8% | −35.2% | −6.3% | 3.8% | −12.7% | −26.1% |
| Net margin | −31.2% | −5.3% | −35.1% | −61.7% | 6.2% | 3.2% | −11.7% | −25.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.3M | $31.6M | $56.5M | $46.3M | $46.4M | $36.0M | $33.9M | $64.3M | $41.1M | $37.0M | $34.3M | $60.0M |
| Cost of revenue | $22.8M | $22.4M | $29.1M | $29.6M | $28.0M | $23.5M | $15.3M | $33.7M | $21.7M | $27.1M | $4.7M | $31.9M |
| Gross profit | $13.5M | $9.2M | $27.4M | $16.7M | $18.4M | $12.5M | $18.6M | $30.6M | $19.4M | $9.9M | $29.6M | $28.1M |
| Research & development | $2.6M | $2.3M | $2.4M | $2.5M | $2.8M | $3.1M | $2.3M | $2.6M | $2.7M | $3.2M | $585,000 | $2.4M |
| Sales, general & admin | $16.5M | $16.7M | $16.0M | $16.7M | $14.9M | $18.6M | $14.9M | $19.5M | $17.8M | $24.6M | $15.6M | $27.0M |
| Total operating expenses | $23.8M | $22.7M | $21.9M | $22.7M | $21.9M | $26.3M | $20.7M | $27.0M | $25.0M | $33.3M | $12.9M | $34.8M |
| Operating income | −$10.3M | −$13.5M | $5.5M | −$6.0M | −$3.5M | −$13.7M | −$2.1M | $3.6M | −$5.6M | −$23.5M | $16.8M | −$6.7M |
| Interest expense | $1.4M | $1.5M | $1.6M | $1.4M | $1.5M | $1.2M | $5.7M | $4.0M | $4.0M | $4.5M | $2.5M | $4.1M |
| Income before taxes | −$11.6M | −$15.3M | −$26.5M | −$7.8M | −$10.3M | −$12.4M | −$2.6M | $1.9M | −$5.5M | −$26.3M | $19.1M | −$12.0M |
| Income taxes | $204,000 | −$112,000 | $319,000 | −$346,000 | $333,000 | $80,000 | $266,000 | −$110,000 | −$176,000 | $682,000 | $1.4M | $55,000 |
| Net income | −$11.8M | −$15.2M | −$26.8M | −$7.4M | −$10.8M | −$12.7M | $31.0M | $2.1M | −$7.5M | −$35.7M | −$11.0M | −$13.7M |
| EBITDA | −$5.7M | −$11.9M | −$21.3M | −$2.8M | −$4.7M | −$6.6M | −$4.9M | $10.9M | $406,000 | −$18.6M | $15.7M | −$2.5M |
| EPS (diluted) | −$0.22 | −$0.40 | −$0.72 | −$0.20 | −$0.28 | −$0.33 | −$0.08 | $0.05 | −$0.20 | −$0.98 | −$0.08 | −$0.36 |
| Gross margin | 37.2% | 29.2% | 48.5% | 36.1% | 39.7% | 34.8% | 54.8% | 47.6% | 47.1% | 26.7% | 86.4% | 46.8% |
| Operating margin | −28.4% | −42.7% | 9.7% | −12.9% | −7.5% | −38.1% | −6.2% | 5.6% | −13.6% | −63.4% | 48.9% | −11.2% |
| Net margin | −32.6% | −48.2% | −47.4% | −16.1% | −23.3% | −35.2% | 91.6% | 3.2% | −18.2% | −96.5% | −32.1% | −22.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BZFD's financial statements (latest annual report filed March 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BZFD financial results
In fiscal year 2025 (ended December 31, 2025), BuzzFeed reported revenue of $185.3 million, down 2.4% from the year before. It had a net loss of $57.7 million, a net profit margin of −31.2%. Diluted earnings per share came to −$1.53. Over five years revenue grew at an average rate of −10.4% a year.
See the BZFD stock overview for the latest quote and news, or the BZFD chart for price history and technical indicators.
BZFD income statement FAQ
What is BuzzFeed's annual revenue?
BuzzFeed reported total revenue of $185.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 2.4% from $189.9 million the previous year.
Is BuzzFeed profitable?
No. BuzzFeed reported a net loss of $57.7 million in fiscal 2025, a net profit margin of −31.2%; its operating margin was −7.1%.
What is BuzzFeed's gross margin?
BuzzFeed's gross margin was 32.0% in fiscal 2025: for every $100 of revenue, BuzzFeed kept $32 after the direct cost of its products and services.
How much does BuzzFeed spend on research and development?
BuzzFeed spent $10.8 million on research and development in fiscal 2025, 5.8% of revenue.
How fast is BuzzFeed growing?
Revenue grew −10.4% a year on average over the last five fiscal years, from $321.3 million to $185.3 million.
What are BuzzFeed's earnings per share?
BuzzFeed earned $-1.53 per diluted share in fiscal 2025, compared with $-1.21 a year earlier.
When will BuzzFeed report its next earnings?
BuzzFeed is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does BuzzFeed's fiscal year end?
BuzzFeed's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 16, 2026.