Nextdoor Holdings, Inc.NXDREarnings & Financial Report
Nextdoor Holdings, Inc. is an American company that operates a hyperlocal social networking service for neighborhoods. The company was founded in 2008 and is based in San Francisco, California. Nextdoor launched in the United States in October 2011. It is available in eleven countries as of May 2023. In 2024, the company claimed to have 88 million "neighbors" as members.
Revenue
$65.6M
Gross Profit
$54.5M
Operating Profit
$-20.8M
Net Profit
$-14.9M
Gross Margin
83.0%
Operating Margin
-31.7%
Net Margin
-22.7%
YoY Growth
17.0%
EPS
$-0.04
Nextdoor Holdings, Inc. Q3 FY2024 Financial Summary
Nextdoor Holdings, Inc. reported revenue of $65.6M (up 17.0% YoY) for Q3 FY2024, with a net profit of $-14.9M (up 60.9% YoY) (-22.7% margin). Cost of goods sold was $11.1M, operating expenses totaled $75.3M.
Key Financial Metrics
| Total Revenue | $65.6M |
|---|---|
| Net Profit | $-14.9M |
| Gross Margin | 83.0% |
| Operating Margin | -31.7% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Nextdoor Holdings, Inc. Q3 FY2024 revenue of $65.6M breaks down across 2 segments, led by US at $63.3M (96.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| US | $63.3M | 96.5% |
| Non Us | $2.3M | 3.5% |
Nextdoor Holdings, Inc. Revenue by Segment — Quarterly Trend
Nextdoor Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as US and Non Us) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| US | — | $67.1M | $66.7M | $62.8M |
| Non Us | — | $2.3M | $2.2M | $2.3M |
Nextdoor Holdings, Inc. Annual Revenue by Year
Nextdoor Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $257.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $257.6M |
| 2024 | $247.3M |
| 2023 | $218.3M |
| 2022 | $212.8M |
Nextdoor Holdings, Inc. Quarterly Revenue & Net Profit History
Nextdoor Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $61.7M | +13.8% | $-11.4M | -18.5% |
| Q4 FY2025 | $69.5M | +6.5% | $-4.0M | -5.8% |
| Q3 FY2025 | $68.9M | +5.0% | $-12.9M | -18.7% |
| Q2 FY2025 | $65.1M | +2.8% | $-15.4M | -23.6% |
| Q1 FY2025 | $54.2M | +1.9% | $-22.0M | -40.5% |
| Q4 FY2024 | $65.2M | +17.4% | $-12.1M | -18.6% |
| Q3 FY2024 | $65.6M | +17.0% | $-14.9M | -22.7% |
| Q2 FY2024 | $63.3M | +11.3% | $-42.8M | -67.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $63.3M | $65.6M | $65.2M | $54.2M | $65.1M | $68.9M | $69.5M | $61.7M |
| YoY Growth | 11.3% | 17.0% | 17.4% | 1.9% | 2.8% | 5.0% | 6.5% | 13.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $542.1M | $517.7M | $514.0M | $495.0M | $490.4M | $488.9M | $486.8M | N/A |
| Liabilities | $69.8M | $61.6M | $60.5M | $58.9M | $60.8M | $59.3M | $55.5M | N/A |
| Equity | $472.3M | $456.0M | $453.5M | $436.1M | $429.5M | $429.7M | $431.3M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-5.4M | $-13.0M | $11.8M | $368000 | $2.9M | $-6.3M | $9.5M |