8 Things We Learned From Buzzfeed’s Disastrous Financial Results
Buzzfeed has not prospered in the AI era
Buzzfeed has issued its third-quarter financials for calendar year 2025, and things aren’t clicking like they used to back when the internet was mostly made up of big dreams, fun quizzes, and GIF-laden listicles.
The company posted a US$7.4 million loss for the three months (A$11.33m) with losses totalling US$30.5m (A$46.7m) for the first nine months of the year. Here’s what we’ve learned from these results.
1. Even When You Adjust The Earnings To Look Good, They Don’t Look Good
Total revenue dropped by 17% year-on-year, to A$70.88m, with the company’s net loss of A$11.33m a massive fall from a A$3.83m profit in the third quarter of 2024.