BuzzFeed
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. BuzzFeed's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 42% to $252,677,000. The net income raised on -$88,579,000 and profit margin reached -35%. Total operating expenses were $150,135,000.

Profit Margin

BuzzFeed, Inc. (NASDAQ:BZFD): Profit margin
2018 307.25M -77.53M -25.24%
2019 317.92M -36.91M -11.61%
2020 321.32M 10.33M 3.22%
2021 397.56M 24.71M 6.22%
2022 436.67M -201.32M -46.1%
2023 252.67M -88.57M -35.06%

BZFD Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
252.67M436.67M397.56M321.32M317.92M307.25M
Cost of revenue
142.36M261.81M207.39M140.29M150.35M169.63M
Gross profit
110.31M174.85M190.16M181.03M167.57M137.62M
Operating exp.
Research and development
11.17M30.59M24.92M17.66M21.12M26.51M
Selling and marketing
38.98M71.26M54.98M50.68M79.84M81.25M
Total operating expenses
150.13M254.66M215.32M168.89M207.84M217.69M
Operating income
-39.82M-79.80M-25.15M12.13M-40.26M-80.07M
Other income (expenses), net
-18.90M-119.49M24.62M-41K2.99M2.47M
Income before tax
-58.73M-199.3M-528K12.09M-37.27M-77.60M
Income tax expense
1.60M2.02M-26.40M941K-358K902K
Net income
-88.57M-201.32M24.71M10.33M-36.91M-77.53M
Earnings per share
Basic EPS
-2.48-5.830.733.45-3.13-2.05
Diluted EPS
-2.48-5.83-0.023.45-3.13-2.05
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