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BuzzFeed (BZFD) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 11, 2026

BuzzFeed (BZFD) reported revenue of $31.6M for the first quarter 2026 (Q1 2026), -12% from a year earlier and -44% from the quarter before. Operating margin was -42.7%, net loss $15.1M (48.0% of revenue).

Revenue$31.6M
Year over year-12%
Quarter over quarter-44%
Operating margin-42.7%
Net earnings−$15.1M

BuzzFeed, Q1 2026: revenue $31.6M (-12% year over year), operating margin -42.7%, net loss $15.1M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$31.6M-44%-12%
Operating profit−$13.5M——
Net earnings−$15.1M——
Operating cash flow$2.7M—+100%
Free cash flow$2.4M—+155%

What changed

Revenue was $31.6M in Q1 2026, down 12% year over year and down 44% from the previous quarter. Advertising was the largest line at 54% of revenue. Advertising lost $4.2M year over year (down 20%), 95% of the total change.

Operating costs exceeded revenue by $13.5M, an operating margin of -42.7%. Total costs fell 9% while revenue fell 12%. The quarter ended with a net loss of $15.1M, narrower than the previous quarter's $26.8M loss. Minority interests bore $65K of it: to shareholders the quarter was a loss of $15.1M.

Operating cash flow was $2.7M (up 100% year over year). Non-cash charges added back $3.7M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $12.6M. Capital expenditures of $244K left free cash flow of $2.4M.

Questions

What was BuzzFeed's revenue in the first quarter 2026?

BuzzFeed (BZFD) reported revenue of $31.6M for the first quarter 2026 (Q1 2026), -12% from a year earlier and -44% from the quarter before.

Was BuzzFeed profitable in the first quarter 2026?

Operating loss was $13.5M (-42.7% of revenue) and net loss $15.1M.

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Source: BuzzFeed 10-Q on SEC EDGAR.