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BuzzFeed revenue
BuzzFeed's revenue is $189.9 million.
What is BuzzFeed's revenue?
- BuzzFeed's revenue growth from 2020 to 2024 is -40.9%.
- BuzzFeed has 1,700 employees, and the revenue per employee ratio is $111,698.
- BuzzFeed's peak quarterly revenue was $46.9M in 2024(q2).
- BuzzFeed peak revenue was $383.8M in 2021.
- BuzzFeed annual revenue for 2023 was 230.4M, -29.26% growth from 2022.
- BuzzFeed annual revenue for 2024 was 189.9M, -17.6% growth from 2023.
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BuzzFeed historical revenue
BuzzFeed's peak revenue was $383.8M in 2021. The peak quarterly revenue was $46.9M in 2024(q2).
BuzzFeed's revenue increased from $321.3m in 2020 to $189.9M currently. That's a -40.9% change in annual revenue.
BuzzFeed annual revenue
BuzzFeed annual revenue over time
| Fiscal year / year | BuzzFeed revenue |
|---|---|
| 2020 | $321.3M |
| 2021 | $383.8M |
| 2022 | $325.8M |
| 2023 | $230.4M |
| 2024 | $189.9M |
How accurately did BuzzFeed's revenue projections match actual performance?
BuzzFeed annual growth
BuzzFeed saw the greatest revenue growth in 2021, when revenue increased by 23.73%.
BuzzFeed had the lowest revenue growth in 2022, when revenue changed by 9.84%.
BuzzFeed annual growth rate over time
| Year | BuzzFeed growth |
|---|---|
| 2021 | 19%↑ |
| 2022 | -15%↓ |
| 2023 | -29%↓ |
| 2024 | -18%↓ |
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BuzzFeed financial information
| CEO | Jonah Peretti |
| Industry | Media |
| Company Type | Public |
| Employees Number | 1,700 |
| Date Founded | 2006 |
| Headquarters | New York, New York |
| Number of Locations | 4 |
| Revenue | $189.9M |
| Net Income | -$200,957,000 |
| Gross Proft | $84.8M (2024) |
| EBITDA | $16.5M (2024) |
| Tax Rate | -0.0% |
| Total Assets | $529,972,000 |
| Ticker | BZFD |
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BuzzFeed financing
BuzzFeed received early financing of $3.5M on 2008-07-09.
| Series | Round size | Date |
|---|---|---|
| Series A | $3.5M | 07/2008 |
| Series B | $8M | 05/2010 |
| Series C | $15.5M | 01/2012 |
| Series D | $19.3M | 01/2013 |
| Series E | $50M | 08/2014 |
| Series F | $200M | 08/2015 |
| Series G | $200M | 11/2016 |
| Debt Financing | $50M | 01/2020 |
| Post Ipo Debt | $150M | 12/2021 |
BuzzFeed investors
| Investors | Security type |
|---|---|
| Hearst Ventures | Series A |
| Huffington Post | Series A |
| SoftBank Group Corp | Series A |
| John Johnson | Series A |
| RRE Ventures | Series B |
| Hearst Ventures | Series B |
| Founder Collective | Series B |
| Huffington Post | Series B |
| SoftBank Group Corp | Series B |
| SV Angel | Series B |
| John Johnson | Series B |
| RRE Ventures | Series C |
| Lerer Hippeau | Series C |
| New Enterprise Associates (NEA) | Series C |
| Hearst Ventures | Series C |
| SoftBank Group Corp | Series C |
| RRE Ventures | Series D |
| Michael Lazerow | Series D |
| Lerer Hippeau | Series D |
| New Enterprise Associates (NEA) | Series D |
| Kass Lazerow | Series D |
| SoftBank Group Corp | Series D |
| General Atlantic | Series E |
| Andreessen Horowitz | Series E |
| NBCUniversal Media LLC | Series F |
| RRE Ventures | Series G |
| New Enterprise Associates (NEA) | Series G |
| Hearst Ventures | Series G |
| NBCUniversal Media LLC | Series G |
| Armentum Partners | Debt Financing |
| Crossingbridge Advisors LLC | Post Ipo Debt |
| Cohanzick Management | Post Ipo Debt |
| Silver Rock Group | Post Ipo Debt |
| Redwood Capital Group LLC | Post Ipo Debt |
BuzzFeed competitors
BuzzFeed's top competitor, Twitter, earned an annual revenue of $5.1B.
BuzzFeed's smallest competitor is Vox with revenue of $280.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| $146,546 | $5.1B | 3,900 | 38 | |
| Change.org | $120,081 | $22.0M | 431 | - |
| Refinery29 | $79,391 | $20.0M | 501 | - |
| Salon Media Group | $41,057 | $4.5M | 24 | - |
| New York Magazine | $43,516 | $78.5M | 200 | - |
| Craigslist | $55,156 | $694.0M | 50 | 4 |
| New York Post | $42,288 | $220.0M | 975 | 59 |
| Adweek | $60,328 | $13.0M | 322 | - |
| Business Insider | $66,860 | $290.0M | 9,615 | 8 |
| Washington Plaza Hot | $36,266 | $310.0M | 3,347 | - |
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Zippia gives an in-depth look into the details of BuzzFeed, including salaries, political affiliations, employee data, and more, in order to inform job seekers about BuzzFeed. The employee data is based on information from people who have self-reported their past or current employments at BuzzFeed. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by BuzzFeed. The data presented on this page does not represent the view of BuzzFeed and its employees or that of Zippia.
BuzzFeed may also be known as or be related to BuzzFeed, BuzzFeed Inc, BuzzFeed Inc., BuzzFeed, Inc., Buzzfeed, Buzzfeed Inc and Buzzfeed, Inc.