The company's financial position appears increasingly fragile, with a debt-to-equity ratio of 2.19 as of 2026Q1 and total assets contracting to $169.1M from $438.2M in 2023Q4.
| Total Current Assets | 71.17M | 86.12M | 100.89M | 132.79M | 198.61M | 251.66M | 208.52M | 170.32M |
| Cash & Short-Term Investments | 6.85M | 8.46M | 38.65M | 35.64M | 55.77M | 79.73M | 90.63M | 58.52M |
| Cash Only | 6.85M | 8.46M | 38.65M | 35.64M | 55.77M | 79.73M | 90.63M | 58.52M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 30.26M | 45.5M | 48.94M | 75.69M | 116.46M | 142.91M | 106.25M | 99.5M |
| Days Sales Outstanding | 78.49 | 89.63 | 94.08 | 109.34 | 130.48 | 131.2 | 120.69 | 114.23 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 34.06M | 32.16M | 13.29M | 21.46M | 26.37M | 0 | 0 | 0 |
| Total Non-Current Assets | 97.94M | 102.02M | 120.51M | 305.42M | 331.37M | 385.56M | 70.67M | 74.81M |
| Property, Plant & Equipment | 22.9M | 27.51M | 34.76M | 58.57M | 84.36M | 23.05M | 25.55M | 29.54M |
| Fixed Asset Turnover | 6.12x | 6.74x | 5.46x | 4.31x | 3.86x | 17.25x | 12.58x | 10.76x |
| Goodwill | 13.11M | 13.11M | 43.3M | 57.56M | 57.56M | 194.88M | 0 | 0 |
| Intangible Assets | 9.86M | 10.17M | 11.75M | 48.96M | 50.3M | 153.07M | 17.93M | 15.87M |
| Long-Term Investments | 4.32M | 3.52M | 0 | 800K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 52.07M | 47.72M | 30.7M | 112.8M | 139.15M | 14.55M | 27.2M | 29.39M |
| Total Assets | 169.11M | 188.14M | 221.4M | 438.2M | 529.97M | 637.21M | 279.19M | 245.13M |
| Asset Turnover | 0.93x | 0.98x | 0.86x | 0.58x | 0.61x | 0.62x | 1.15x | 1.30x |
| Asset Growth % | -78.35% | -15.02% | -49.48% | -17.32% | -16.83% | 128.24% | 13.9% | - |
| Total Current Liabilities | 90.68M | 95.22M | 96.84M | 227.79M | 122.87M | 94.15M | 57.23M | 51.66M |
| Accounts Payable | 19.83M | 19.55M | 14.25M | 46.38M | 29.33M | 16.02M | 8.41M | 9.95M |
| Days Payables Outstanding | 56.54 | 56.64 | 49.51 | 118.9 | 58.01 | 28.2 | 21.89 | 24.16 |
| Short-Term Debt | 39.15M | 43.23M | 47.6M | 124.98M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 22.53M | 7.41M | 555K | 1.9M | 8.84M | 1.68M | 2.43M | 1.47M |
| Other Current Liabilities | 25.19M | 25.04M | 15.55M | 17.37M | 34.95M | 45.06M | 25.75M | 21.7M |
| Current Ratio | 0.78x | 0.90x | 1.04x | 0.58x | 1.62x | 2.67x | 3.64x | 3.30x |
| Quick Ratio | 0.78x | 0.90x | 1.04x | 0.58x | 1.62x | 2.67x | 3.64x | 3.30x |
| Cash Conversion Cycle | 21.95 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 41.67M | 42.84M | 17.62M | 99.23M | 212.55M | 168.19M | 535.77M | 516.84M |
| Long-Term Debt | 41.41M | 42.59M | 15.14M | 33.84M | 152.25M | 141.88M | 20.4M | 0 |
| Capital Lease Obligations | 17.63M | 0 | 0 | 37.82M | 59.31M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 26.76M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 262K | 250K | 2.48M | 809K | 978K | 26.31M | 515.37M | 516.84M |
| Total Liabilities | 132.35M | 138.05M | 114.46M | 327.02M | 335.42M | 262.33M | 593M | 568.5M |
| Total Debt | 80.56M | 85.82M | 62.74M | 218.29M | 234.97M | 141.88M | 20.4M | 0 |
| Net Debt | 73.71M | 77.35M | 24.09M | 182.66M | 179.19M | 62.15M | -70.23M | -58.52M |
| Debt / Equity | 2.19x | 1.71x | 0.59x | 1.96x | 1.21x | 0.38x | - | - |
| Debt / EBITDA | -32.48x | 31.53x | - | - | - | - | 0.69x | - |
| Net Debt / EBITDA | -29.72x | 28.42x | - | - | - | - | -2.37x | - |
| Interest Coverage | -9.15x | -2.29x | -3.91x | -2.65x | -16.89x | 0.84x | 14.11x | - |
| Total Equity | 36.76M | 50.09M | 106.94M | 111.18M | 194.55M | 374.88M | -313.8M | -323.37M |
| Equity Growth % | -90.46% | -53.17% | -3.81% | -42.85% | -48.1% | 219.46% | 2.96% | - |
| Book Value per Share | 0.98 | 1.32 | 2.86 | 3.11 | 5.63 | 11.10 | -9.43 | -9.72 |
| Total Shareholders' Equity | 36.12M | 49.36M | 104.77M | 108.83M | 191.22M | 370.54M | -313.8M | -323.37M |
| Common Stock | 4K | 4K | 4K | 15K | 15K | 13K | 1K | 4K |
| Retained Earnings | -694.67M | -679.59M | -621.86M | -611.77M | -523.06M | -322.11M | -346.82M | -357.15M |
| Treasury Stock | 0 | -3.33M | 0 | 0 | 0 | 0 | 0 | -820K |
| Accumulated OCI | -3.42M | -3.71M | -3.73M | -2.5M | -1.97M | -3.23M | -3.36M | -1.24M |
| Minority Interest | 646K | 724K | 2.17M | 2.35M | 3.34M | 4.34M | 0 | 0 |
Liquidity and solvency risk
As reported in recent financial statements, BZFD's total assets have declined from $438.2M in 2023Q4 to $169.1M in 2026Q1, signaling a significant contraction in the company's resource base as it struggles to maintain operational viability amidst persistent net losses and divestiture-driven asset liquidation.
The consistent decline in total assets suggests that the company is consuming its capital base to fund ongoing operations rather than reinvesting for growth. This trajectory warrants concern, as the shrinking asset base limits the company's future flexibility to pivot its business model or weather further market volatility.
Based on the 2026Q1 balance sheet, BZFD's cash position has dwindled to $6.8M, representing a sharp decline from the $61.5M reported in 2024Q1, which indicates a precarious liquidity profile that leaves the company with minimal cushion against unexpected operational shocks or further revenue shortfalls.
With a current ratio of 0.78, the company appears unable to cover its short-term obligations with existing liquid assets. This liquidity constraint suggests that management may face significant challenges in funding day-to-day operations without external financing or further asset sales.
According to quarterly filings, BZFD's debt-to-equity ratio has fluctuated significantly, reaching 2.19 in 2026Q1, which suggests that despite recent efforts to manage liabilities, the company remains highly leveraged relative to its shrinking equity base and limited cash-generating capacity.
The presence of $80.6M in total debt against a backdrop of negative retained earnings implies that the company is effectively operating on borrowed time. Investors should monitor the maturity profile of these obligations, as the current cash position appears insufficient to support meaningful debt reduction or refinancing.
As evidenced by the company's financial statements, retained earnings have plummeted to -$694.7M as of 2026Q1, reflecting a sustained period of value destruction that has significantly impaired the shareholder equity base and limited the company's ability to absorb further operational losses.
The persistent accumulation of deficits suggests that the business model has failed to generate sufficient returns to offset its cost structure. This erosion of equity may signal to investors that the company's current valuation is increasingly disconnected from its fundamental book value.
Based on the provided data, the $13.1M in goodwill remaining on the balance sheet as of 2026Q1 warrants further investigation, as it may represent overvalued intangible assets from past acquisitions that could be subject to future impairment charges, further weakening the company's financial position.
Given the company's recent divestiture of Complex Networks, the carrying value of remaining intangibles may not reflect current market realities. Any significant write-down of these assets would likely exacerbate the existing pressure on equity and further constrain the company's already limited financial flexibility.
Quick answers to the most common questions about buying BZFD stock.
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BuzzFeed, Inc. (BZFD) carries total debt of $85.8M, offset by $8.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
BuzzFeed, Inc. (BZFD) has total shareholders' equity (book value) of $49.4M ($1.32 book value per share). Book value represents the net worth of the company belonging to common stock holders.
BuzzFeed, Inc. (BZFD) reported a current ratio of 0.90x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.