BuzzFeed (BZFD) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $252.68M | -42.14% |
| 2022-12-31 | $436.67M | 9.84% |
| 2021-12-31 | $397.56M | 23.73% |
| 2020-12-31 | $321.32M | 1.07% |
| 2019-12-31 | $317.92M | 3.47% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $46.93M | 4.86% |
| 2024-03-31 | $44.76M | -40.85% |
| 2023-12-31 | $75.66M | 3.23% |
| 2023-09-30 | $73.30M | -5.91% |
| 2023-06-30 | $77.90M | 16.01% |
| 2023-03-31 | $67.15M | -50.12% |
| 2022-12-31 | $134.62M | 29.78% |
| 2022-09-30 | $103.73M | -2.84% |
| 2022-06-30 | $106.76M | 16.60% |
| 2022-03-31 | $91.56M | -37.17% |
| 2021-12-31 | $145.72M | 61.73% |
| 2021-09-30 | $90.10M | 1.11% |
| 2021-06-30 | $89.10M | 22.65% |
| 2021-03-31 | $72.65M | -40.95% |
| 2020-12-31 | $123.03M | 63.51% |
| 2020-09-30 | $75.24M | 27.15% |
| 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/Service | Dec 23 | Dec 22 | Dec 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 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
| Country | Dec 23 | Dec 22 | Dec 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
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JFIN | Jiayin Group | $5.47B | $1.60B |
| SNAP | Snap | $4.61B | $1.24B |
| LIZI | Sound Group | $2.19B | $425.10M |
| ANGI | Angi | $1.36B | $305.39M |
| YELP | Yelp | $1.34B | $357.02M |
| GETY | Getty Images | $916.55M | $229.14M |
| SSTK | Shutterstock | $874.59M | $220.05M |
| CMCM | Cheetah Mobile | $669.50M | $190.29M |
| MAX | MediaAlpha | $388.15M | $178.27M |
| BZFD | BuzzFeed | $252.68M | $46.93M |
| ONFO | Onfolio | $5.24M | $1.59M |
| GROM | Grom Social Enterprises | $4.04M | $874.23K |
| ASST | Asset Entities | $277.04K | $92.97K |
| MTCH | Match Group | - | $864.07M |
BZFD Revenue FAQ
What is BuzzFeed’s yearly revenue?
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.
What is BuzzFeed’s quarterly revenue?
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).
What is BuzzFeed’s revenue growth rate?
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%.
What are BuzzFeed’s revenue streams?
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.
What is BuzzFeed’s main source of revenue?
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.