BuzzFeed Q2 2026 revenue down 21.8% to $36.3M; net loss widens to $11.8M

BuzzFeed, Inc.

Revenue $36.3M, down 21.8% YoY; advertising $17.3M (-23.4%), content $10.0M (-6.5%), commerce/other $9.0M (-31.4%).
Net loss $11.8M vs $10.6M loss in Q2 2025; Adjusted EBITDA -$1.7M vs +$2.0M.
Audience time spent 62.3M hours, down 10.8% YoY; BuzzFeed brand #1 in U.S. time spent at 36.0M hours.
Entered sales representation agreement with Allen Media Group to expand advertising monetization.
CEO cites cost restructuring; President highlights shift to platform model with AI tools.

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