BuzzFeed (BZFD) Income Statement: Revenue & Earnings

BuzzFeed Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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BuzzFeed, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	189.89	230.44	325.78	383.80	321.32
Cost of Revenue	103.87	125.48	178.84	199.02	140.29
Gross Profit	86.02	104.96	146.94	184.79	181.03
Operating Expenses
Research & Development	10.86	10.38	25.10	24.66	17.67
Selling, General & Administrative	76.66	112.27	153.01	145.33	133.74
Operating Expenses	106.66	142.98	200.77	192.08	168.90
Operating Income	-20.64	-38.02	-53.83	-7.29	12.14
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00
Interest Expense	-6.78	-6.47	-6.42	-2.50	-0.92
Other Income/Expense	-0.92	-0.60	9.01	30.80	0.12
Income
Income Before Tax	-33.29	-54.11	-114.83	1.12	12.10
Income Tax Expense	0.66	1.60	2.73	-2.75	0.94
Net Income	-10.10	-88.58	-200.96	24.71	10.34
Net Income - Continuous Operations	-33.96	-55.71	-117.56	3.87	0.00
Net Income - Discontinued Operations	24.03	-33.61	-83.77	22.01	0.00
EBITDA	-13.19	-28.59	-40.87	3.70	20.22
EBIT	-20.64	-38.02	-53.83	-7.29	12.14
Depreciation & Amortization	7.45	9.43	12.96	10.99	8.09
Earnings Per Share
Basic EPS	-	-2.00	-6.00	4.00	-
Diluted EPS	-	-2.00	-6.00	-	-
Basic Shares Outstanding	37.39	35.77	34.54	6.76	2.99
Diluted Shares Outstanding	37.39	35.77	34.54	7.00	2.99