BuzzFeed, Inc.

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

BZFD$0.46-15.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Unaudited, dollars and shares in thousands, except per share amounts)

	Three Months Ended March 31,
	2025	2024
Revenue	$36,021	$37,009
Costs and expenses
Cost of revenue, excluding depreciation and amortization	23,492	27,139
Sales and marketing	4,258	8,378
General and administrative	14,362	16,249
Research and development	3,066	3,230
Depreciation and amortization	4,585	5,479
Total costs and expenses	49,763	60,475
Loss from continuing operations	(13,742)	(23,466)
Other income (expense), net	1,298	(556)
Interest expense, net	(1,171)	(2,209)
Change in fair value of warrant liabilities	1,234	(37)
Loss from continuing operations before income taxes	(12,381)	(26,268)
Income tax provision	80	682
Net loss from continuing operations	(12,461)	(26,950)
Net loss from discontinued operations, net of tax	—	(8,832)
Net loss	(12,461)	(35,782)
Less: net income (loss) attributable to noncontrolling interests	210	(53)
Net loss attributable to BuzzFeed, Inc.	$(12,671)	$(35,729)
Net loss from continuing operations attributable to holders of Class A and Class B common stock:
Basic and diluted	$(12,671)	$(26,897)
Net loss from continuing operations per Class A and Class B common share:
Basic and diluted	$(0.33)	$(0.74)
Weighted average common shares outstanding:
Basic and diluted	38,683	36,578

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.