BuzzFeed, Inc. — Q3 2026 Earnings Summary

BuzzFeed, Inc. reported third-quarter 2026 revenues of $26.0 million, a 44% decrease from the prior year, driven by declines in advertising and commerce revenue. The company posted a net loss of $18.7 million and an adjusted EBITDA of negative $4.8 million following a July restructuring that reduced its workforce by approximately 35% to target $30 million in annualized savings. Audience engagement remained strong with total time spent across owned properties reaching 50.7 million hours, while direct traffic increased to 67% of U.S. visits. Due to ongoing integration of recent strategic changes, including the Allen Family Digital transaction, BuzzFeed deferred its full-year 2026 financial outlook.