Filing Flows › BuzzFeed (BZFD) › Q3 2025
BuzzFeed (BZFD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
BuzzFeed (BZFD) reported revenue of $46.3M for the third quarter 2025 (Q3 2025), -17% from a year earlier and -0.2% from the quarter before. Operating margin was -12.9%, net loss $7.4M (16.0% of revenue).
BuzzFeed, Q3 2025: revenue $46.3M (-17% year over year), operating margin -12.9%, net loss $7.4M, operating cash flow $1.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.3M | -0.2% | -17% |
| Operating profit | −$6.0M | — | — |
| Net earnings | −$7.4M | — | — |
| Operating cash flow | $1.7M | — | -82% |
| Free cash flow | $892K | — | -90% |
What changed
Revenue was $46.3M in Q3 2025, down 17% year over year and roughly flat from the previous quarter. Advertising was the largest line at 48% of revenue. Content lost $3.5M year over year (down 33%), 38% of the total change.
Operating costs exceeded revenue by $6.0M, an operating margin of -12.9%. Total costs fell 3% while revenue fell 17%. The quarter ended with a net loss of $7.4M, narrower than the previous quarter's $10.6M loss.
Operating cash flow was $1.7M (down 82% year over year). Non-cash charges added back $3.5M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $4.0M. Capital expenditures of $844K left free cash flow of $892K.
Questions
What was BuzzFeed's revenue in the third quarter 2025?
BuzzFeed (BZFD) reported revenue of $46.3M for the third quarter 2025 (Q3 2025), -17% from a year earlier and -0.2% from the quarter before.
Was BuzzFeed profitable in the third quarter 2025?
Operating loss was $6.0M (-12.9% of revenue) and net loss $7.4M.
Source: BuzzFeed 10-Q on SEC EDGAR.