Company Taps AI to Amplify Human Creativity , Audience Engagement , and Efficiency Tools Across Publishing Business

NEW YORK – ( May 7 , 2025 ) – BuzzFeed , Inc. ( “ BuzzFeed ” or the “ party ” ) ( Nasdaq : BZFD ) today announced its financial results for the quarter ended March 31 , 2025 . The Company go on to execute on its scheme to improve profitability , expand scalable , eminent - margin revenue flow , and endow in future - oriented innovation .

“ We take up 2025 with substantial execution and proceed margin improvement , ” saidMatt Omer , BuzzFeed CFO . “ Affiliate commerce and programmatic advertising remain our most effective revenue stream , both originate again this poop . significantly , both net loss from keep operations and familiarised EBITDA ( 1 ) improved relative to the yr - agone period , above and beyond the cost savings from the Q1 2024 restructuring . We ’re confident in our roadmap for correct investment in initiation , while strengthening our foundation for prospicient - term , sustainable growth . ”

First Quarter 2025 Financial and Operational Highlights for Continuing Operations ( 2 )

Business and Content Highlights

confirm Full Year 2025 Financial Outlook

These statements are forward - looking and actual results may disagree materially as a result of many factors . Refer to “ Forward - Looking Statements ” below for entropy on component that could cause our existent resultant to differ materially from these forward - count statements .

Refer to “ Non - GAAP Financial Measures ” below for a description of how Adjusted EBITDA is calculated . While Adjusted EBITDA is a non - GAAP fiscal measure , we have not provided steering for the most instantly comparable GAAP financial measure — net income ( loss )   from go on operations — due to the built-in trouble in forecasting and quantify certain amounts that are necessary to reckon such a measure . Accordingly , a balancing of non - GAAP guidance for Adjusted Earnings Before Interest Taxes Depreciation and Amortization to the correspond GAAP bill is not available .

Quarterly Conference Call

BuzzFeed ’s management team will hold a group discussion call to discuss our first one-quarter 2025 resolution today , May 7 , at 2:00 PM ET . The call will be usable via webcast atinvestors.buzzfeed.comunder the head News and event , and parties concerned in enter must cross-file at the same localisation . While it is not required , it is recommended you unite 5 minutes prior to the case start time . A replay of the call will be made available at the same URL .

We have used , and intend to continue to use , the Investor Relations section of our website atinvestors.buzzfeed.comas a means of disclose material nonpublic information and for complying with our disclosure obligations under Regulation FD .

definition

BuzzFeed report revenues across three principal business lines : Advertising , Content , and Commerceand other . The definition of “ Time Spent ” is also adjust forward below .

About BuzzFeed , Inc.

BuzzFeed , Inc. is home to the best of the net . Across entertainment , news , food for thought , pop culture , and commerce , our brands drive conversation and inspire what audience find out , study , and corrupt now — and into the time to come . hold on the Internet in 2006 , BuzzFeed is committed to making it well : providing intrust , quality , brand - safe news and amusement to hundreds of millions of people ; give message on the net more inclusive , empathetic , and originative ; and inspiring our audience to live on better aliveness .

Non - GAAP Financial Measures

Adjusted EBITDA and familiarised EBITDA security deposit are non - GAAP fiscal measures and correspond cardinal metrics used by direction and our control board of director to measure the operational lastingness and performance of our business organisation , to plant budget , and to modernise operational goals for oversee our business . We define Adjusted Earnings Before Interest Taxes Depreciation and Amortization as net loss from continuing operations , excluding the impact of final income ( loss ) attributable to noncontrolling interest , income revenue enhancement preparation , interest expense , net , other ( income ) disbursement , net , depreciation and amortisation , stock - based compensation , change in fair note value of warrant liability , restructuring costs , and other non - cash and non - revenant items that management think are not declarative of on-going operation . familiarized EBITDA border is calculate by dividing Adjusted EBITDA by revenue for the same catamenia .

We believe familiarised Earnings Before Interest Taxes Depreciation and Amortization and familiarized EBITDA margin are relevant and utile selective information for investors because they countenance investors to view performance in a mode standardised to the method used by our management . There are limitations to the use of familiarized EBITDA and familiarised EBITDA margin , and our familiarised EBITDA and familiarized EBITDA allowance may not be like to likewise titled measure of other fellowship . Other company , admit companies in our industriousness , may calculate non - GAAP fiscal measures differently than we do , limiting the usefulness of those measures for relative purpose .

familiarised EBITDA and Adjusted EBITDA security deposit should not be considered a relief for measures groom in accordance with GAAP . Reconciliations of non - GAAP financial measures to the most straight corresponding fiscal solvent as determined in accordance with generally accepted accounting principles are included at the ending of this mechanical press release follow the accompanying financial data .

Forward - Looking statement

Should one or more of these risk or uncertainties materialise , or should any of our assumptions essay wrong , actual results may vary in material regard from those projected in these onward - look statements . There may be additional risks that we consider immaterial or which are unknown . It is not possible to predict or identify all such risk . We do not take on any responsibility to update or retool any frontward - looking statements , whether as a result of new information , future events , or otherwise , except as may be required under applicable security law .

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Contacts

Media Contact:juliana.clifton@buzzfeed.com

Investor Relations:investors@buzzfeed.com

( 1 ) We bar restructuring expenses from our non - generally accepted accounting principles measures because we trust they do not reflect await future operating expenses , they are not indicatory of our core operating performance , and they are not meaningful in comparison to our past operating performance .

( 2 ) Net loss from cover operations as a percentage of revenue is included as the most comparable generally accepted accounting principles measure to familiarized EBITDA gross profit , which is a Non - generally accepted accounting principles measure .