BuzzFeed, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout 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.
Sep 30, 2025 · Filed Nov 6, 2025
BZFD$0.46-15.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(Unaudited, dollars and shares in thousands, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $46,317 | $55,568 | $128,732 | $133,692 |
| Costs and expenses | ||||
| Cost of revenue, excluding depreciation and amortization | 29,582 | 28,278 | 81,061 | 77,150 |
| Sales and marketing | 3,944 | 3,829 | 12,444 | 15,946 |
| General and administrative | 12,732 | 14,698 | 37,778 | 44,999 |
| Research and development | 2,527 | 2,581 | 8,416 | 8,532 |
| Depreciation and amortization | 3,518 | 4,609 | 12,227 | 14,549 |
| Total costs and expenses | 52,303 | 53,995 | 151,926 | 161,176 |
| (Loss) income from continuing operations | (5,986) | 1,573 | (23,194) | (27,484) |
| Other (expense) income, net | (579) | 2,226 | (4,361) | 3,838 |
| Interest expense, net | (1,412) | (1,484) | (4,079) | (5,188) |
| Change in fair value of warrant liabilities | 205 | 87 | 1,187 | (582) |
| (Loss) income from continuing operations before income taxes | (7,772) | 2,402 | (30,447) | (29,416) |
| Income tax (benefit) provision | (346) | (110) | 67 | 396 |
| Net (loss) income from continuing operations | (7,426) | 2,512 | (30,514) | (29,812) |
| Net loss from discontinued operations, net of tax | — | (378) | — | (11,196) |
| Net (loss) income | (7,426) | 2,134 | (30,514) | (41,008) |
| Less: net income attributable to noncontrolling interests | 9 | 45 | 412 | 119 |
| Net (loss) income attributable to BuzzFeed, Inc. | $(7,435) | $2,089 | $(30,926) | $(41,127) |
| Net (loss) income from continuing operations attributable to holders of Class A and Class B common stock: | ||||
| Basic | $(7,435) | $2,467 | $(30,926) | $(29,931) |
| Diluted | $(7,435) | $2,467 | $(30,926) | $(29,931) |
| Net (loss) income from continuing operations per Class A and Class B common share: | ||||
| Basic | $(0.20) | $0.07 | $(0.81) | $(0.81) |
| Diluted | $(0.20) | $0.06 | $(0.81) | $(0.81) |
| Weighted average common shares outstanding: | ||||
| Basic | 37,212 | 37,949 | 37,986 | 37,181 |
| Diluted | 37,212 | 38,608 | 37,986 | 37,181 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.