)
BuzzFeed (BZFD) investor relations material
BuzzFeed Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 revenue fell 17% year-over-year to $46.3 million, with declines across all business lines and a net loss from continuing operations of $7.4 million compared to net income of $2.5 million in Q3 2024.
Adjusted EBITDA for Q3 2025 was $0.8 million, down from $8.1 million in Q3 2024, but remained positive.
Major divestitures in 2024, including Complex Networks and First We Feast, are reflected as discontinued operations.
Workforce reductions of 6% in August 2025 and 5% in February 2025 aimed to align costs with revenue.
BuzzFeed remains #1 among Gen Z and Millennials in its competitive set, with 10.7 million hours of time spent, up 25% from Q2.
Financial highlights
Q3 2025 revenue was $46.3 million, down 17% year over year from $55.6 million, with all major revenue streams (advertising, content, commerce) down.
Net loss from continuing operations for Q3 2025 was $7.4 million, compared to net income of $2.5 million in Q3 2024.
For the first nine months of 2025, revenue was $128.7 million, down 4% year over year; net loss from continuing operations was $30.5 million.
Adjusted EBITDA for Q3 was $753,000, down from $8.1 million in Q3 2023, but remained positive.
Cash and cash equivalents at September 30, 2025 were $34.3 million.
Outlook and guidance
Full-year 2025 revenue guidance reduced by $10 million, now expected at $185–$195 million.
Adjusted EBITDA for the year expected in the range of break-even to $10 million.
Management anticipates a seasonal uptick in Q4 and is focused on finishing the year in a stable position.
Management expects continued revenue pressure in 2025 due to macroeconomic headwinds and reduced advertiser demand.
The company believes existing capital resources are sufficient for the next 12 months, with ongoing evaluation of cost savings and capital raising options.
Next BuzzFeed earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)