BuzzFeed (BZFD) reported second-quarter 2026 revenue of $36.3 million, down 21.8% from the prior-year quarter. The company posted a net loss of $11.8 million, compared with a net loss of $10.6 million in Q2 2025.
Chairman and CEO Byron Allen said BuzzFeed recently reduced costs after identifying an unsustainable cost structure. The company also entered a sales representation agreement with Allen Media Group to expand monetization of BuzzFeed advertising inventory.
- Total Q2 revenue was $36.3 million, compared with $46.4 million a year earlier.
- Advertising revenue fell 23.4% year over year to $17.3 million.
- Content revenue declined 6.5% to $10.0 million.
- Commerce and other revenue declined 31.4% to $9.0 million.
- Adjusted EBITDA was negative $1.7 million, compared with positive $2.0 million in Q2 2025.
- First-half 2026 total revenue declined 17.7% to $67.9 million, while net loss increased 16.8% to $27.0 million.
$BZFDW Hedge Fund Activity
We have seen 3 institutional investors add shares of $BZFDW stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOUNDERS FINANCIAL SECURITIES LLC added 130,000 shares (+45.6%) to their portfolio in Q2 2026, for an estimated $3,185
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 15,139 shares (+inf%) to their portfolio in Q1 2026, for an estimated $225
- UBS GROUP AG removed 1,329 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $19
- TORONTO DOMINION BANK added 100 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1
- NOMURA HOLDINGS INC added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
- TENOR CAPITAL MANAGEMENT CO., L.P. added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
- MARATHON TRADING INVESTMENT MANAGEMENT LLC added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
