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BuzzFeed, Inc. (BZFD): material weakness open 2,038 days

By Russell Tomoum, Ctrl Worx™. Built from its own SEC filings. How the Clock works.

BuzzFeed, Inc. reported ineffective internal control over financial reporting because of a material weakness in 4 filings since Mar 16, 2023. It stated one or more material weaknesses in 16 more SEC filings that gave no conclusion on whether that control is effective. The latest was its 10-Q for the period ended Jun 30, 2026.

Checked against SEC EDGAR: Oct 29, 2026 · Entry #11803

Causes the company named

Financial close and reporting · 16Segregation of duties · 15Accounting expertise and resources · 9ITGC: general · 8ITGC: user access · 7ITGC: change management · 7Complex or non-routine accounting · 6IPE and key reports · 1

What the latest filing says

In making this evaluation, management considered the material weakness in our internal controls over financial reporting described below. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of June 30, 2026, the period covered in this report, our disclosure controls and procedures were not effective. 52 Table of Contents Notwithstanding the assessment that our disclosure controls and procedures are not effective and that a material weakness existed as of June 30, 2026, we believe that we have performed sufficient supplementary procedures to ensure that the condensed consolidated financial statements contained in this filing fairly present, in all material respects, our financial position, results of operations, and cash flows for all periods presented, in accordance with U.S. Generally Accepted Accounting Principles. Material Weakness in Internal Control over Financial Reporting In connection with the audit of our consolidated financial statements as of, and for the years ended, December 31, 2025, our management identified a material [...]

From the controls section of the 10-Q filed Aug 6, 2026. Read the full filing on SEC EDGAR.

Company response: BuzzFeed, Inc. can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.

Filings

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Based on public SEC filings. Causes are grouped into standard categories by Ctrl Worx. The filings are the authority. Ctrl Worx is not affiliated with BuzzFeed, Inc. or the SEC. Not investment advice. Why you can rely on the Watch List.