BuzzFeed (BZFD) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChartTranscripts

BuzzFeed Revenue Highlights


Latest Revenue (Y)

$252.68M

Latest Revenue (Q)

$46.93M

Main Segment (Y)

Advertising

Main Geography (Y)

UNITED STATES

BuzzFeed Revenue by Period


BuzzFeed Revenue by Year

DateRevenueChange
2023-12-31$252.68M-42.14%
2022-12-31$436.67M9.84%
2021-12-31$397.56M23.73%
2020-12-31$321.32M1.07%
2019-12-31$317.92M3.47%
2018-12-31$307.25M-

BuzzFeed generated $252.68M in revenue during NA 2023, up -42.14% compared to the previous quarter, and up 82.24% compared to the same period a year ago.

BuzzFeed Revenue by Quarter

DateRevenueChange
2024-06-30$46.93M4.86%
2024-03-31$44.76M-40.85%
2023-12-31$75.66M3.23%
2023-09-30$73.30M-5.91%
2023-06-30$77.90M16.01%
2023-03-31$67.15M-50.12%
2022-12-31$134.62M29.78%
2022-09-30$103.73M-2.84%
2022-06-30$106.76M16.60%
2022-03-31$91.56M-37.17%
2021-12-31$145.72M61.73%
2021-09-30$90.10M1.11%
2021-06-30$89.10M22.65%
2021-03-31$72.65M-40.95%
2020-12-31$123.03M63.51%
2020-09-30$75.24M27.15%
2020-06-30$59.18M-7.36%
2020-03-31$63.88M-

BuzzFeed generated $46.93M in revenue during Q2 2024, up 4.86% compared to the previous quarter, and up 69.89% compared to the same period a year ago.

BuzzFeed Revenue Breakdown


BuzzFeed Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Content$83.64M$165.75M$130.20M
Advertising$115.62M$202.83M$205.79M
Commerce and other$53.41M$68.09M$61.57M

BuzzFeed's latest annual revenue breakdown by segment (product or service), as of Dec 23: Advertising (45.76%), Content (33.10%), and Commerce and other (21.14%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Advertising$23.81M$21.42M$13.39M$32.59M$35.40M$34.25M$50.53M$50.40M$53.22M$48.67M
Commerce And Other$11.75M$10.22M$14.46M$11.03M$11.29M-----
Content$11.37M$13.11M$4.29M$26.25M$31.48M$21.62M$54.77M$38.42M$40.28M$32.28M
Commerce and other------$29.32M$14.91M$13.25M$10.61M

BuzzFeed's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Advertising (50.74%), Commerce And Other (25.03%), and Content (24.22%).

BuzzFeed Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
UNITED STATES$226.01M$396.67M-
International$26.67M--
United States--$352.28M

BuzzFeed's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (89.45%), and International (10.55%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
UNITED STATES$44.21M$41.03M$23.24M$66.88M$73.29M$62.60M$123.80M---
Non-US$2.73M---------
International-$3.72M$20.24M$6.42M------
United States-------$94.58M$94.15M$83.10M

BuzzFeed's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (94.19%), and Non-US (5.81%).

BuzzFeed Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JFINJiayin Group$5.47B$1.60B
SNAPSnap$4.61B$1.37B
LIZISound Group$2.19B$425.10M
ANGIAngi$1.36B$305.39M
YELPYelp$1.34B$357.02M
GETYGetty Images$916.55M$229.14M
SSTKShutterstock$874.59M$250.59M
CMCMCheetah Mobile$669.50M$190.29M
MAXMediaAlpha$388.15M$178.27M
BZFDBuzzFeed$252.68M$46.93M
ONFOOnfolio$5.24M$1.59M
ASSTAsset Entities$277.04K$92.97K
MTCHMatch Group-$864.07M

BZFD Revenue FAQ


BuzzFeed's yearly revenue for 2023 was $252.68M, representing a decrease of -42.14% compared to 2022. The company's yearly revenue for 2022 was $436.67M, representing an increase of 9.84% compared to 2021. BZFD's yearly revenue for 2021 was $397.56M, representing an increase of 23.73% compared to 2020.

BuzzFeed's quarterly revenue for Q2 2024 was $46.93M, a 4.86% increase from the previous quarter (Q1 2024), and a -39.75% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $44.76M, a -40.85% decrease from the previous quarter (Q4 2023), and a -33.35% decrease year-over-year (Q1 2023). BZFD's quarterly revenue for Q4 2023 was $75.66M, a 3.23% increase from the previous quarter (Q3 2023), and a -43.80% decrease year-over-year (Q4 2022).

BuzzFeed's revenue growth rate for the last 3 years (2021-2023) was -36.44%, and for the last 5 years (2019-2023) was -20.52%.

BuzzFeed's revenue streams in c 23 are Content, Advertising, and Commerce and other. Content generated $83.64M in revenue, accounting 33.10% of the company's total revenue, down -49.54% year-over-year. Advertising generated $115.62M in revenue, accounting 45.76% of the company's total revenue, down -43.00% year-over-year. Commerce and other generated $53.42M in revenue, accounting 21.14% of the company's total revenue, down -21.56% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of BuzzFeed was Advertising. This segment made a revenue of $115.62M, representing 45.76% of the company's total revenue.