secwatch.observer — SEC 8-K summary
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Issuer:     BuzzFeed, Inc. (BZFD)
CIK:        0001828972
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001828972-25-000238
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BuzzFeed Q3 revenue down 17% YoY to $46.3M; net loss of $7.4M vs net income year ago
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- Total revenue $46.3M, -17% YoY; net loss $7.4M vs net income $2.5M in Q3 2024.
- Ad revenue $22.2M (-11%), content $7.2M (-33%), commerce $17.0M (-15%).
- Adjusted EBITDA $0.8M, down sharply from $8.1M in Q3 2024.
- Total US time spent 68.5M hours (-15% YoY); 63% of BuzzFeed traffic now direct/internal.
- Company remains #1 among Gen Z/Millennials in competitive set with 10.7M hours Time Spent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828972/000182897225000238/0001828972-25-000238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828972/000182897225000238/bzfd-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001828972-25-000238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer