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Side-by-side financial comparison of BuzzFeed, Inc. (BZFD) and Newsmax Inc. (NMAX). Click either name above to swap in a different company.

Newsmax Inc. is the larger business by last-quarter revenue ($52.2M vs $31.6M, roughly 1.7× BuzzFeed, Inc.). Newsmax Inc. runs the higher net margin — -5.7% vs -48.0%, a 42.3% gap on every dollar of revenue.

BuzzFeed, Inc. is an American Internet media, news, and entertainment company with a focus on digital media. Based in New York City, BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III to focus on tracking viral content. Kenneth Lerer, co-founder and chairman of The Huffington Post, started as a co-founder and investor in BuzzFeed and is now the executive chairman.

Newsmax Inc. is a U.S.-headquartered media and broadcasting company that offers news coverage, political commentary, opinion pieces, and lifestyle programming across cable TV, official websites, mobile apps, and streaming platforms. It mainly caters to U.S. domestic audiences, with a core focus on conservative-oriented current affairs content segments.

BZFD vs NMAX — Head-to-Head

Bigger by revenue
NMAX
NMAX
1.7× larger
NMAX
$52.2M
$31.6M
BZFD
Higher net margin
NMAX
NMAX
42.3% more per $
NMAX
-5.7%
-48.0%
BZFD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BZFD
BZFD
NMAX
NMAX
Revenue
$31.6M
$52.2M
Net Profit
$-15.1M
$-3.0M
Gross Margin
36.7%
Operating Margin
-42.7%
-9.0%
Net Margin
-48.0%
-5.7%
Revenue YoY
-12.4%
Net Profit YoY
-21.5%
EPS (diluted)
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BZFD
BZFD
NMAX
NMAX
Q1 26
$31.6M
Q4 25
$56.5M
$52.2M
Q3 25
$46.3M
$45.3M
Q2 25
$46.4M
$46.4M
Q1 25
$36.0M
$45.3M
Q4 24
$56.2M
Q3 24
$55.6M
Q2 24
$41.1M
Net Profit
BZFD
BZFD
NMAX
NMAX
Q1 26
$-15.1M
Q4 25
$-26.8M
$-3.0M
Q3 25
$-7.4M
$-4.1M
Q2 25
$-10.8M
$-75.2M
Q1 25
$-12.7M
$-17.2M
Q4 24
$31.0M
Q3 24
$2.1M
Q2 24
$-7.5M
Gross Margin
BZFD
BZFD
NMAX
NMAX
Q1 26
Q4 25
36.7%
Q3 25
35.3%
Q2 25
38.0%
Q1 25
47.8%
Q4 24
Q3 24
Q2 24
Operating Margin
BZFD
BZFD
NMAX
NMAX
Q1 26
-42.7%
Q4 25
-43.7%
-9.0%
Q3 25
-12.9%
-15.9%
Q2 25
-7.5%
-164.5%
Q1 25
-38.1%
-25.5%
Q4 24
7.0%
Q3 24
2.8%
Q2 24
-13.6%
Net Margin
BZFD
BZFD
NMAX
NMAX
Q1 26
-48.0%
Q4 25
-47.4%
-5.7%
Q3 25
-16.1%
-9.1%
Q2 25
-23.3%
-161.9%
Q1 25
-35.2%
-38.0%
Q4 24
55.2%
Q3 24
3.8%
Q2 24
-18.2%
EPS (diluted)
BZFD
BZFD
NMAX
NMAX
Q1 26
Q4 25
$-0.72
$0.15
Q3 25
$-0.20
$-0.03
Q2 25
$-0.28
$-0.59
Q1 25
$-0.33
$-0.49
Q4 24
$0.86
Q3 24
$0.05
Q2 24
$-0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BZFD
BZFD
NMAX
NMAX
Cash + ST InvestmentsLiquidity on hand
$6.8M
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$36.8M
$106.0M
Total Assets
$169.1M
$239.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZFD
BZFD
NMAX
NMAX
Q1 26
$6.8M
Q4 25
$8.5M
$20.4M
Q3 25
$34.3M
$14.2M
Q2 25
$29.7M
$33.8M
Q1 25
$34.3M
$126.7M
Q4 24
$22.4M
Q3 24
$53.7M
Q2 24
$45.5M
Stockholders' Equity
BZFD
BZFD
NMAX
NMAX
Q1 26
$36.8M
Q4 25
$49.4M
$106.0M
Q3 25
$75.9M
$106.0M
Q2 25
$81.1M
$106.9M
Q1 25
$93.8M
$177.4M
Q4 24
$104.8M
Q3 24
$71.7M
Q2 24
$67.2M
Total Assets
BZFD
BZFD
NMAX
NMAX
Q1 26
$169.1M
Q4 25
$188.1M
$239.8M
Q3 25
$211.2M
$233.3M
Q2 25
$210.4M
$259.8M
Q1 25
$203.2M
$278.2M
Q4 24
$221.4M
Q3 24
$276.5M
Q2 24
$272.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BZFD
BZFD
NMAX
NMAX
Operating Cash FlowLast quarter
$2.6M
Free Cash FlowOCF − Capex
$1.8M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
0.8%
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-107.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BZFD
BZFD
NMAX
NMAX
Q1 26
Q4 25
$-11.7M
$2.6M
Q3 25
$1.7M
$-68.1M
Q2 25
$-10.1M
$-23.2M
Q1 25
$1.3M
$-15.7M
Q4 24
$-4.6M
Q3 24
$9.6M
Q2 24
$-12.4M
Free Cash Flow
BZFD
BZFD
NMAX
NMAX
Q1 26
Q4 25
$-12.0M
$1.8M
Q3 25
$892.0K
$-69.2M
Q2 25
$-10.5M
$-23.8M
Q1 25
$956.0K
$-15.8M
Q4 24
$-4.7M
Q3 24
$9.3M
Q2 24
$-12.5M
FCF Margin
BZFD
BZFD
NMAX
NMAX
Q1 26
Q4 25
-21.2%
3.4%
Q3 25
1.9%
-152.9%
Q2 25
-22.7%
-51.3%
Q1 25
2.7%
-34.9%
Q4 24
-8.4%
Q3 24
16.7%
Q2 24
-30.5%
Capex Intensity
BZFD
BZFD
NMAX
NMAX
Q1 26
0.8%
Q4 25
0.5%
1.7%
Q3 25
1.8%
2.4%
Q2 25
1.0%
1.3%
Q1 25
1.1%
0.2%
Q4 24
0.3%
Q3 24
0.5%
Q2 24
0.3%
Cash Conversion
BZFD
BZFD
NMAX
NMAX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.15×
Q3 24
4.59×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BZFD
BZFD

Advertising$17.1M54%
Other$7.5M24%
Commerce and other$6.9M22%

NMAX
NMAX

Advertising$33.9M65%
Affiliate Fee$8.3M16%
Subscription And Circulation$6.2M12%
Products$2.6M5%
Supplement Sales$1.1M2%

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