FORM10-Q______________________________________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period fromtoCommission file number:001-39877______________________________________________________________ BuzzFeed, Inc. (646) 397-2039 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo As of May5, 2026, there were 36,296,018 shares of the registrant’s Class A common stock outstanding, 1,342,709 shares of the registrant’s Class Bcommon stock outstanding and no shares of the registrant’s Class C common stock outstanding. BUZZFEED, INC.TABLE OF CONTENTS PART IFINANCIAL INFORMATION5Item 1Financial Statements (unaudited)5Condensed Consolidated Balance Sheets5Condensed Consolidated Statements of Operations6Condensed Consolidated Statements of Comprehensive Loss7Condensed Consolidated Statements of Stockholders’ Equity8Condensed Consolidated Statements of Cash Flows9Notes to Condensed Consolidated Financial Statements10Item 2Management’s Discussion and Analysis of Financial Condition and Results of Operations33Item 3Quantitative and Qualitative Disclosures About Market Risk48Item 4Controls and Procedures49PART IIOTHER INFORMATION50Item 1Legal Proceedings50Item 1ARisk Factors50Item 2Unregistered Sales of Equity Securities and Use of Proceeds53Item 3Defaults Upon Senior Securities54Item 4Mine Safety Disclosures54Item 5Other Information54Item 6Exhibits55 SIGNATURES58 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this Quarterly Report on Form 10-Q may be considered forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934,as amended (the “Exchange Act”), which statements involve substantial risks and uncertainties. Our forward-looking statementsinclude, but are not limited to, statements regarding our management team’s expectations, hopes, beliefs, intentions, or strategiesregarding the future. In addition, any statements that refer to projections, forecasts, or other characterizations of future events orcircumstances, including any underlying assumptions, are forward-looking statements. The words “affect,” “anticipate,” “believe,”“can,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “might,” “plan,” “possible,” “potential,”“predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions may identify forward-looking statements, butthe absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include all matters thatare not historical facts. The forward-looking statements contained in this Quarterly Report on Form 10-Q are based on current expectations and beliefsconcerning future developments and their potential effects on us. There can be no assurance that future developments affecting us willbe those that we have anticipated. These forward-looking statements involve a number of risks (some of which are beyond ourcontrol), uncertainties, or other assumptions that may cause actual results or performance to be materially different from thoseexpressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: •developments relating to our competitors and the