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

Ranpak Holdings Corp. is the larger business by last-quarter revenue ($93.7M vs $56.5M, roughly 1.7× BuzzFeed, Inc.). On growth, Ranpak Holdings Corp. posted the faster year-over-year revenue change (2.3% vs 0.6%). Over the past eight quarters, BuzzFeed, Inc.'s revenue compounded faster (23.6% CAGR vs 13.7%).

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.

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

BZFD vs PACK — Head-to-Head

Bigger by revenue
PACK
PACK
1.7× larger
PACK
$93.7M
$56.5M
BZFD
Growing faster (revenue YoY)
PACK
PACK
+1.7% gap
PACK
2.3%
0.6%
BZFD
Faster 2-yr revenue CAGR
BZFD
BZFD
Annualised
BZFD
23.6%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BZFD
BZFD
PACK
PACK
Revenue
$56.5M
$93.7M
Net Profit
$-26.8M
Gross Margin
39.0%
Operating Margin
-43.7%
-1.0%
Net Margin
-47.4%
Revenue YoY
0.6%
2.3%
Net Profit YoY
-186.4%
EPS (diluted)
$-0.72
$-0.11

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
PACK
PACK
Q4 25
$56.5M
$93.7M
Q3 25
$46.3M
$83.6M
Q2 25
$46.4M
$77.8M
Q1 25
$36.0M
$77.6M
Q4 24
$56.2M
$91.6M
Q3 24
$55.6M
$78.6M
Q2 24
$41.1M
$72.8M
Q1 24
$37.0M
$72.5M
Net Profit
BZFD
BZFD
PACK
PACK
Q4 25
$-26.8M
Q3 25
$-7.4M
$-10.4M
Q2 25
$-10.8M
$-7.5M
Q1 25
$-12.7M
$-10.9M
Q4 24
$31.0M
Q3 24
$2.1M
$-8.1M
Q2 24
$-7.5M
$5.5M
Q1 24
$-35.7M
$-8.1M
Gross Margin
BZFD
BZFD
PACK
PACK
Q4 25
39.0%
Q3 25
41.1%
Q2 25
37.1%
Q1 25
39.8%
Q4 24
45.2%
Q3 24
43.8%
Q2 24
43.5%
Q1 24
44.6%
Operating Margin
BZFD
BZFD
PACK
PACK
Q4 25
-43.7%
-1.0%
Q3 25
-12.9%
-6.8%
Q2 25
-7.5%
-12.5%
Q1 25
-38.1%
-10.3%
Q4 24
7.0%
1.5%
Q3 24
2.8%
-5.3%
Q2 24
-13.6%
-7.1%
Q1 24
-63.4%
-6.6%
Net Margin
BZFD
BZFD
PACK
PACK
Q4 25
-47.4%
Q3 25
-16.1%
-12.4%
Q2 25
-23.3%
-9.6%
Q1 25
-35.2%
-14.0%
Q4 24
55.2%
Q3 24
3.8%
-10.3%
Q2 24
-18.2%
7.6%
Q1 24
-96.5%
-11.2%
EPS (diluted)
BZFD
BZFD
PACK
PACK
Q4 25
$-0.72
$-0.11
Q3 25
$-0.20
$-0.12
Q2 25
$-0.28
$-0.09
Q1 25
$-0.33
$-0.13
Q4 24
$0.86
$-0.13
Q3 24
$0.05
$-0.10
Q2 24
$-0.20
$0.07
Q1 24
$-0.98
$-0.10

Balance Sheet & Financial Strength

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

Metric
BZFD
BZFD
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$8.5M
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$49.4M
$534.9M
Total Assets
$188.1M
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZFD
BZFD
PACK
PACK
Q4 25
$8.5M
$63.0M
Q3 25
$34.3M
$49.9M
Q2 25
$29.7M
$49.2M
Q1 25
$34.3M
$65.5M
Q4 24
$22.4M
$76.1M
Q3 24
$53.7M
$69.5M
Q2 24
$45.5M
$65.1M
Q1 24
$44.5M
$55.1M
Total Debt
BZFD
BZFD
PACK
PACK
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
BZFD
BZFD
PACK
PACK
Q4 25
$49.4M
$534.9M
Q3 25
$75.9M
$537.8M
Q2 25
$81.1M
$539.0M
Q1 25
$93.8M
$544.1M
Q4 24
$104.8M
$548.1M
Q3 24
$71.7M
$564.3M
Q2 24
$67.2M
$566.2M
Q1 24
$73.7M
$560.0M
Total Assets
BZFD
BZFD
PACK
PACK
Q4 25
$188.1M
$1.1B
Q3 25
$211.2M
$1.1B
Q2 25
$210.4M
$1.1B
Q1 25
$203.2M
$1.1B
Q4 24
$221.4M
$1.1B
Q3 24
$276.5M
$1.1B
Q2 24
$272.9M
$1.1B
Q1 24
$299.0M
$1.1B
Debt / Equity
BZFD
BZFD
PACK
PACK
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

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
PACK
PACK
Operating Cash FlowLast quarter
$-11.7M
$19.5M
Free Cash FlowOCF − Capex
$-12.0M
FCF MarginFCF / Revenue
-21.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BZFD
BZFD
PACK
PACK
Q4 25
$-11.7M
$19.5M
Q3 25
$1.7M
$8.5M
Q2 25
$-10.1M
$-3.6M
Q1 25
$1.3M
$-1.3M
Q4 24
$-4.6M
$6.5M
Q3 24
$9.6M
$10.1M
Q2 24
$-12.4M
$19.6M
Q1 24
$-13.3M
$5.2M
Free Cash Flow
BZFD
BZFD
PACK
PACK
Q4 25
$-12.0M
Q3 25
$892.0K
Q2 25
$-10.5M
Q1 25
$956.0K
Q4 24
$-4.7M
Q3 24
$9.3M
Q2 24
$-12.5M
Q1 24
$-13.4M
FCF Margin
BZFD
BZFD
PACK
PACK
Q4 25
-21.2%
Q3 25
1.9%
Q2 25
-22.7%
Q1 25
2.7%
Q4 24
-8.4%
Q3 24
16.7%
Q2 24
-30.5%
Q1 24
-36.2%
Capex Intensity
BZFD
BZFD
PACK
PACK
Q4 25
0.5%
Q3 25
1.8%
Q2 25
1.0%
Q1 25
1.1%
Q4 24
0.3%
Q3 24
0.5%
Q2 24
0.3%
Q1 24
0.2%
Cash Conversion
BZFD
BZFD
PACK
PACK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.15×
Q3 24
4.59×
Q2 24
3.56×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BZFD
BZFD

Advertising$25.6M45%
Commerce And Other$16.3M29%
Content$14.7M26%

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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