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BuzzFeed (BZFD) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 7, 2025

BuzzFeed (BZFD) reported revenue of $46.4M for the second quarter 2025 (Q2 2025), +13% from a year earlier and +29% from the quarter before. Operating margin was -7.5%, net loss $10.6M (22.9% of revenue).

Revenue$46.4M
Year over year+13%
Quarter over quarter+29%
Operating margin-7.5%
Net earnings−$10.6M

BuzzFeed, Q2 2025: revenue $46.4M (+13% year over year), operating margin -7.5%, net loss $10.6M, operating cash flow −$10.1M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$46.4M+29%+13%
Operating profit−$3.5M——
Net earnings−$10.6M——
Operating cash flow−$10.1M-851%—

What changed

Revenue was $46.4M in Q2 2025, up 13% year over year and up 29% from the previous quarter. Advertising was the largest line at 49% of revenue. Content added $3.7M year over year (up 53%), 70% of the total change. Advertising declined 3%.

Operating costs exceeded revenue by $3.5M, an operating margin of -7.5%. Total costs grew 7% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+29%). The quarter ended with a net loss of $10.6M, narrower than the previous quarter's $12.5M loss. Net interest and other expense of $6.8M was the main reason.

Operating cash flow was −$10.1M. Non-cash charges added back $4.1M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $4.9M. Capital expenditures of $446K exceeded it, leaving free cash flow of −$10.5M.

Questions

What was BuzzFeed's revenue in the second quarter 2025?

BuzzFeed (BZFD) reported revenue of $46.4M for the second quarter 2025 (Q2 2025), +13% from a year earlier and +29% from the quarter before.

Was BuzzFeed profitable in the second quarter 2025?

Operating loss was $3.5M (-7.5% of revenue) and net loss $10.6M.

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Source: BuzzFeed 10-Q on SEC EDGAR.