BZFD · Buzzfeed, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.57M | - | $46.32M | $46.39M | $36.02M | - | $64.32M | $46.93M | $44.76M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $2.33M | - | $2.53M | $2.82M | $3.07M | - | $2.58M | $2.72M | $3.23M | - |
| SG&A | $13.18M | - | $12.73M | $10.68M | $14.36M | - | $14.70M | $14.05M | $16.25M | - |
| Total Operating Expenses | $45.05M | - | $52.30M | $49.86M | $49.76M | - | $60.74M | $51.15M | $65.57M | - |
| D&A | $3.70M | - | $3.52M | $4.12M | $4.58M | - | $5.01M | $4.86M | $5.88M | - |
| Operating Income | ($13.48M) | - | ($5.99M) | ($3.47M) | ($13.74M) | - | $3.58M | ($4.21M) | ($20.81M) | - |
| Interest Expense | $1.54M | - | $1.41M | $1.50M | $2.21M | - | $4.03M | $3.98M | $4.48M | - |
| Income Tax | ($112.0K) | - | ($346.0K) | $333.0K | $80.0K | - | ($110.0K) | ($176.0K) | $682.0K | - |
| Net Income | ($15.08M) | - | ($7.43M) | ($10.82M) | ($12.67M) | - | $2.09M | ($7.49M) | ($35.73M) | - |
| EPS - Basic | ($0.40) | - | ($0.20) | ($0.28) | ($0.33) | - | $0.06 | ($0.20) | ($0.98) | - |
| EPS - Diluted | ($0.40) | - | ($0.20) | ($0.28) | ($0.33) | - | $0.05 | ($0.20) | ($0.98) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.85M | $8.46M | $34.29M | $29.71M | $34.33M | $38.65M | $53.72M | $45.46M | $44.46M | $35.64M |
| Accounts Receivable | $30.26M | $45.50M | $33.82M | $35.95M | $36.45M | $48.94M | $49.63M | $46.95M | $50.98M | $75.69M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $19.83M | $19.55M | $18.68M | $9.49M | $7.31M | $14.25M | $15.01M | $16.56M | $22.54M | $46.38M |
| Current Assets | $71.17M | $86.12M | $82.85M | $85.52M | $88.03M | $100.89M | $120.92M | $111.67M | $132.91M | $132.79M |
| Total Assets | $169.11M | $188.14M | $211.21M | $210.35M | $203.25M | $221.40M | $276.54M | $272.85M | $299.04M | $411.48M |
| Current Liabilities | $90.68M | $95.22M | $93.08M | $69.31M | $96.10M | $96.84M | $180.34M | $176.00M | $189.74M | $227.79M |
| Long-term Debt | $28.15M | $27.86M | $24.29M | $38.33M | - | $0 | $0 | $0 | $0 | $33.84M |
| Total Liabilities | $132.35M | $138.05M | $134.56M | $126.45M | $106.96M | $114.46M | $202.47M | $203.54M | $223.20M | $300.29M |
| Stockholders' Equity | $36.12M | $49.36M | $75.87M | $81.13M | $93.80M | $104.77M | $71.68M | $67.18M | $73.70M | $108.83M |
| Retained Earnings | ($694.67M) | ($679.59M) | ($652.79M) | ($645.36M) | ($634.53M) | ($621.86M) | ($652.89M) | ($654.98M) | ($647.50M) | ($611.77M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.69M | - | - | - | $1.34M | - | - | - | ($13.30M) | - |
| Investing Cash Flow | ($4.12M) | - | - | - | ($3.45M) | - | - | - | $105.16M | - |
| Financing Cash Flow | ($156.0K) | - | - | - | ($2.45M) | - | - | - | ($65.83M) | - |
| CapEx | $244.0K | - | - | - | $388.0K | - | - | - | $88.0K | - |
| Free Cash Flow | $2.44M | - | - | - | $956.0K | - | - | - | ($13.39M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -42.7% | - | -12.9% | -7.5% | -38.1% | - | 5.6% | -9.0% | -46.5% | - |
| EBITDA margin | -31.0% | - | -5.3% | 1.4% | -25.4% | - | 13.4% | 1.4% | -33.4% | - |
| Net margin | -47.8% | - | -16.1% | -23.3% | -35.2% | - | 3.2% | -16.0% | -79.8% | - |
| Free cash flow margin | 7.7% | - | - | - | 2.7% | - | - | - | -29.9% | - |
| FCF / Net income | -0.16 | - | - | - | -0.08 | - | - | - | 0.37 | - |
| R&D / Revenue | 7.4% | - | 5.5% | 6.1% | 8.5% | - | 4.0% | 5.8% | 7.2% | - |
| SG&A / Revenue | 41.8% | - | 27.5% | 23.0% | 39.9% | - | 22.9% | 29.9% | 36.3% | - |
| Effective tax rate | - | - | - | - | - | - | -5.6% | - | - | - |
| Return on assets | -8.9% | - | -3.5% | -5.1% | -6.2% | - | 0.8% | -2.7% | -11.9% | - |
| Return on equity | -41.8% | - | -9.8% | -13.3% | -13.5% | - | 2.9% | -11.1% | -48.5% | - |
| Return on invested capital | -16.6% | - | -4.7% | -2.3% | - | - | 5.0% | -5.0% | -22.3% | - |
| Liquidity | ||||||||||
| Current ratio | 0.78 | 0.90 | 0.89 | 1.23 | 0.92 | 1.04 | 0.67 | 0.63 | 0.70 | 0.58 |
| Quick ratio | 0.78 | 0.90 | 0.89 | 1.23 | 0.92 | 1.04 | 0.67 | 0.63 | 0.70 | 0.58 |
| Cash ratio | 0.08 | 0.09 | 0.37 | 0.43 | 0.36 | 0.40 | 0.30 | 0.26 | 0.23 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | 0.78 | 0.56 | 0.32 | 0.47 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 |
| Debt / Assets | 0.17 | 0.15 | 0.12 | 0.18 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 |
| Debt / EBITDA | - | - | - | 58.26 | - | - | 0.00 | 0.00 | - | - |
| Interest coverage | -8.8x | - | -4.2x | -2.3x | -6.2x | - | 0.9x | -1.1x | -4.6x | - |
| Equity multiplier | 4.68 | 3.81 | 2.78 | 2.59 | 2.17 | 2.11 | 3.86 | 4.06 | 4.06 | 3.78 |
| Liabilities / Assets | 0.78 | 0.73 | 0.64 | 0.60 | 0.53 | 0.52 | 0.73 | 0.75 | 0.75 | 0.73 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.22 | 0.22 | 0.18 | - | 0.23 | 0.17 | 0.15 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 350d | - | 267d | 283d | 369d | - | 282d | 365d | 416d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | 53.3x | - | - | - |
| P / B | 0.6x | - | 0.8x | 0.9x | 0.9x | - | 1.4x | 1.5x | 0.9x | - |
| P / S | 0.7x | - | 1.4x | 1.6x | 2.3x | - | 1.6x | 2.2x | 1.5x | - |
| EV / EBITDA | - | - | - | 128.9x | - | - | 5.7x | 87.3x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -12.4% | - | -28.0% | -1.1% | -19.5% | - | -12.2% | -39.8% | -33.4% | - |
| Revenue CAGR (3y) | -22.2% | - | -23.6% | -24.3% | -26.7% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 1.9% | - | - | 17.8% | 34.0% | - | - | 79.0% | 30.0% | - |
| Net income growth (YoY) | -19.0% | - | - | -44.5% | 64.5% | - | - | 73.1% | 0.8% | - |
| EPS growth (YoY) | -21.2% | - | - | -40.0% | 66.3% | - | - | 0.0% | -276.9% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 155.3% | - | - | - | - | - | - | - | -2204.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -61.5% | -52.9% | 5.8% | 20.8% | 27.3% | -3.7% | -40.0% | -48.7% | -52.6% | -43.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$185.27M totalAdvertising$91.69M · 49.5%
Commerce And Other$56.54M · 30.5%
Content$37.05M · 20.0%
Geographic
$185.27M totalUS$174.10M · 94.0%
Non Us$11.16M · 6.0%
Peer comparison
Same SIC group: Communications Services, NEC
Comparing BuzzFeed against the 5 most active filers in the same SIC group.