BuzzFeed Q2 FY26 net loss widens to $11.8 million; revenue drops 21.8% to $36.3 million - BZFD News | RalliesBuzzFeed Q2 FY26 net loss widens to $11.8 million; revenue drops 21.8% to $36.3 million
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BZFD• BuzzFeed reports lower revenue and wider loss in Q2 FY26
- BuzzFeed posted Q2 revenue of USD 36.3 million, down 21.8% year over year, as advertising fell 23.4% to USD 17.3 million.
- Net loss widened to USD 11.8 million from USD 10.6 million a year earlier.
- Non-GAAP adjusted EBITDA swung to a loss of USD 1.7 million from a profit of USD 2 million a year earlier.
- U.S. time spent slid 10.8% to 62.3 million hours, while direct visits and internal referrals rose to 65% of U.S. traffic.
- Byron Allen cited a cost restructure, while a sales representation deal with Allen Media Group targets expanded monetization of advertising inventory.
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