---
schema_version: "secwatch.filing_event.v1"
accession: "0001828972-23-000017"
form_type: "8-K"
ticker: "BZFD"
cik: "0001828972"
company_name: "BuzzFeed, Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:48:19.521878+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BuzzFeed Q4 revenue down 8% to $134.6M; net loss $106.2M including $102.3M goodwill impairment

## Summary
- Full-year 2022 revenue $436.7M (+10% YoY); net loss $201.3M vs net income $25.9M in 2021.
- Q4 advertising revenue fell 27% YoY to $50.5M; content revenue declined 9% to $54.8M.
- Adjusted EBITDA for Q4 not disclosed; full-year Adjusted EBITDA $0.5M vs $41.5M in 2021.
- Cash and equivalents ~$56M; majority held at Silicon Valley Bank as of March 10, 2023, but access confirmed via U.S. government guarantee.
- CEO cites ongoing Q1 2023 challenges and 'more work to do' amid digital media headwinds.

## SEC filing metadata
- accession: 0001828972-23-000017
- form_type: 8-K
- ticker: BZFD
- cik: 0001828972
- company_name: BuzzFeed, Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000017/0001828972-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000017/bzfd-20230313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828972-23-000017
- JSON: https://secwatch.observer/filing/0001828972-23-000017.json
- Plain text: https://secwatch.observer/filing/0001828972-23-000017.txt

## Key facts
- Earnings Releases
  BuzzFeed, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue $436.7 million, net income $201.3 million.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: $436.7 million
  - Net income: $201.3 million
  - Result: reported results
  source text: defining the future of media.” Full-Year 2022 Financial and Operational Highlights 1 ● Including Complex Networks in the 2022 results, BuzzFeed delivered full year revenues of $436.7 million, growing 10% compared to 2021 ○ Advertising revenue, consisting of payments we receive from advertisers for ads distributed against our editorial and news content, including
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000017/0001828972-23-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.