Net (loss) income per share is computed using the two-class method. Basic net (loss) income per share is computed using the weighted average number of shares of common stock outstanding for the period. Diluted net (loss) income per share reflects the effect of the assumed exercise of any stock options, the vesting of any restricted stock units, and the exercise of any warrants (including the Public Warrants and the Private Placement Warrants), in each case only in the periods in which such effect would have been dilutive.

The Company utilizes the control number concept in the computation of diluted earnings per share to determine whether potential common stock equivalents are dilutive. The control number used is net loss from continuing operations. The control number concept requires that the same number of potentially dilutive securities applied in computing diluted earnings per share from continuing operations be applied to all other categories of income or loss, regardless of their anti-dilutive effect on such categories. Since the Company had a net loss from continuing operations for all periods presented, no dilutive effect has been recognized in the calculation of net income (loss) from discontinued operations, net of tax, per share or net loss per share. Basic and diluted net (loss) income per share were the same for all periods presented.

For the years ended December 31, 2025, 2024, and 2023, net (loss) income per share amounts were the same for Class A and Class B common stock because the holders of each class are entitled to equal per share dividends. There were no shares of Class C common stock outstanding for any period presented.


	Year Ended December 31,
	2025		2024		2023
Numerator:
Net loss from continuing operations	$	(57,334)	$	(33,956)	$	(55,712)
Net income (loss) from discontinued operations, net of tax	—		24,028		(33,610)

Less: net income (loss) attributable to noncontrolling interests	390		168		(743)

Net loss attributable to holders of Class A and Class B common stock for basic net loss per share	$	(57,724)	$	(10,096)	$	(88,579)




Amounts attributable to BuzzFeed, Inc for net loss per common share, basic and diluted:
Net loss from continuing operations	$	(57,724)	$	(34,124)	$	(54,969)
Net income (loss) from discontinued operations, net of tax	—		24,028		(33,610)
Net loss attributable to BuzzFeed, Inc.	$	(57,724)	$	(10,096)	$	(88,579)





Denominator:
Weighted average common shares outstanding, basic and diluted	37,835		37,386		35,766



Net (loss) income per common share, basic and diluted:
Continuing operations	$	(1.53)	$	(0.91)	$	(1.54)
Discontinued operations	—		0.64		(0.94)
Net loss per common share, basic and diluted, attributable to BuzzFeed, Inc.	$	(1.53)	$	(0.27)	$	(2.48)