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BuzzFeed (BZFD) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 16, 2026

BuzzFeed (BZFD) reported revenue of $56.5M for the fourth quarter 2025 (Q4 2025), +0.6% from a year earlier and +22% from the quarter before. Operating margin was -43.7%, net loss $26.8M (47.4% of revenue).

Revenue$56.5M
Year over year+0.6%
Quarter over quarter+22%
Operating margin-43.7%
Net earnings−$26.8M

BuzzFeed, Q4 2025: revenue $56.5M (+0.6% year over year), operating margin -43.7%, net loss $26.8M, operating cash flow −$11.7M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$56.5M+22%+0.6%
Operating profit−$24.7M——
Net earnings−$26.8M——
Operating cash flow−$11.7M-776%—

What changed

Revenue was $56.5M in Q4 2025, up 1% year over year and up 22% from the previous quarter. Advertising was the largest line at 45% of revenue.

Operating costs exceeded revenue by $24.7M, an operating margin of -43.7%. Total costs grew 55% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+635%). The quarter ended with a net loss of $26.8M, wider than the previous quarter's $7.4M loss.

Operating cash flow was −$11.7M. Non-cash charges added back $3.6M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $10.0M. Capital expenditures of $280K exceeded it, leaving free cash flow of −$12.0M.

Questions

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

BuzzFeed (BZFD) reported revenue of $56.5M for the fourth quarter 2025 (Q4 2025), +0.6% from a year earlier and +22% from the quarter before.

Was BuzzFeed profitable in the fourth quarter 2025?

Operating loss was $24.7M (-43.7% of revenue) and net loss $26.8M.

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Source: BuzzFeed 10-K on SEC EDGAR.