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Side-by-side financial comparison of Nextdoor Holdings, Inc. (NXDR) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $69.5M, roughly 1.0× Nextdoor Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -5.8%, a 7.8% gap on every dollar of revenue. On growth, Nextdoor Holdings, Inc. posted the faster year-over-year revenue change (6.5% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $9.4M). Over the past eight quarters, Nextdoor Holdings, Inc.'s revenue compounded faster (14.3% CAGR vs -4.7%).

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.

RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.

NXDR vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.0× larger
RMAX
$71.1M
$69.5M
NXDR
Growing faster (revenue YoY)
NXDR
NXDR
+8.4% gap
NXDR
6.5%
-1.8%
RMAX
Higher net margin
RMAX
RMAX
7.8% more per $
RMAX
2.0%
-5.8%
NXDR
More free cash flow
RMAX
RMAX
$24.1M more FCF
RMAX
$33.5M
$9.4M
NXDR
Faster 2-yr revenue CAGR
NXDR
NXDR
Annualised
NXDR
14.3%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NXDR
NXDR
RMAX
RMAX
Revenue
$69.5M
$71.1M
Net Profit
$-4.0M
$1.4M
Gross Margin
84.9%
Operating Margin
-10.7%
13.1%
Net Margin
-5.8%
2.0%
Revenue YoY
6.5%
-1.8%
Net Profit YoY
66.7%
-75.2%
EPS (diluted)
$-0.01

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
NXDR
NXDR
RMAX
RMAX
Q4 25
$69.5M
$71.1M
Q3 25
$68.9M
$73.2M
Q2 25
$65.1M
$72.8M
Q1 25
$54.2M
$74.5M
Q4 24
$65.2M
$72.5M
Q3 24
$65.6M
$78.5M
Q2 24
$63.3M
$78.5M
Q1 24
$53.1M
$78.3M
Net Profit
NXDR
NXDR
RMAX
RMAX
Q4 25
$-4.0M
$1.4M
Q3 25
$-12.9M
$4.0M
Q2 25
$-15.4M
$4.7M
Q1 25
$-22.0M
$-2.0M
Q4 24
$-12.1M
$5.8M
Q3 24
$-14.9M
$966.0K
Q2 24
$-42.8M
$3.7M
Q1 24
$-28.3M
$-3.4M
Gross Margin
NXDR
NXDR
RMAX
RMAX
Q4 25
84.9%
Q3 25
84.9%
Q2 25
83.6%
Q1 25
82.6%
Q4 24
84.0%
Q3 24
83.0%
Q2 24
83.8%
Q1 24
81.2%
Operating Margin
NXDR
NXDR
RMAX
RMAX
Q4 25
-10.7%
13.1%
Q3 25
-25.0%
25.0%
Q2 25
-31.1%
19.3%
Q1 25
-49.9%
7.2%
Q4 24
-26.2%
5.9%
Q3 24
-31.7%
19.4%
Q2 24
-77.4%
20.6%
Q1 24
-65.4%
5.8%
Net Margin
NXDR
NXDR
RMAX
RMAX
Q4 25
-5.8%
2.0%
Q3 25
-18.7%
5.4%
Q2 25
-23.6%
6.4%
Q1 25
-40.5%
-2.6%
Q4 24
-18.6%
8.0%
Q3 24
-22.7%
1.2%
Q2 24
-67.6%
4.7%
Q1 24
-53.2%
-4.3%
EPS (diluted)
NXDR
NXDR
RMAX
RMAX
Q4 25
$-0.01
Q3 25
$-0.03
Q2 25
$-0.04
Q1 25
$-0.06
Q4 24
$-0.03
Q3 24
$-0.04
Q2 24
$-0.11
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
NXDR
NXDR
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$63.3M
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$431.3M
$452.4M
Total Assets
$486.8M
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXDR
NXDR
RMAX
RMAX
Q4 25
$63.3M
$118.7M
Q3 25
$56.1M
$107.5M
Q2 25
$62.0M
$94.3M
Q1 25
$57.3M
$89.1M
Q4 24
$45.5M
$96.6M
Q3 24
$49.7M
$83.8M
Q2 24
$53.0M
$66.1M
Q1 24
$69.7M
$82.1M
Total Debt
NXDR
NXDR
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
NXDR
NXDR
RMAX
RMAX
Q4 25
$431.3M
$452.4M
Q3 25
$429.7M
$448.1M
Q2 25
$429.5M
$442.4M
Q1 25
$436.1M
$433.5M
Q4 24
$453.5M
$429.5M
Q3 24
$456.0M
$423.1M
Q2 24
$472.3M
$418.4M
Q1 24
$541.4M
$412.0M
Total Assets
NXDR
NXDR
RMAX
RMAX
Q4 25
$486.8M
$582.5M
Q3 25
$488.9M
$582.2M
Q2 25
$490.4M
$574.8M
Q1 25
$495.0M
$571.4M
Q4 24
$514.0M
$581.6M
Q3 24
$517.7M
$578.6M
Q2 24
$542.1M
$571.4M
Q1 24
$633.1M
$566.7M
Debt / Equity
NXDR
NXDR
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
1.02×
Q3 24
1.03×
Q2 24
1.05×
Q1 24
1.07×

Cash Flow & Capital Efficiency

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

Metric
NXDR
NXDR
RMAX
RMAX
Operating Cash FlowLast quarter
$9.5M
$40.9M
Free Cash FlowOCF − Capex
$9.4M
$33.5M
FCF MarginFCF / Revenue
13.5%
47.1%
Capex IntensityCapex / Revenue
0.1%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$5.9M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXDR
NXDR
RMAX
RMAX
Q4 25
$9.5M
$40.9M
Q3 25
$-6.3M
$17.7M
Q2 25
$2.9M
$4.6M
Q1 25
$368.0K
$5.7M
Q4 24
$11.8M
$59.7M
Q3 24
$-13.0M
$17.6M
Q2 24
$-5.4M
$15.9M
Q1 24
$-13.6M
$9.4M
Free Cash Flow
NXDR
NXDR
RMAX
RMAX
Q4 25
$9.4M
$33.5M
Q3 25
$-6.5M
$16.4M
Q2 25
$2.6M
$2.9M
Q1 25
$340.0K
$4.0M
Q4 24
$11.7M
$53.0M
Q3 24
$-13.2M
$16.3M
Q2 24
$-5.5M
$14.0M
Q1 24
$-13.6M
$6.8M
FCF Margin
NXDR
NXDR
RMAX
RMAX
Q4 25
13.5%
47.1%
Q3 25
-9.4%
22.4%
Q2 25
4.1%
4.0%
Q1 25
0.6%
5.3%
Q4 24
17.9%
73.2%
Q3 24
-20.1%
20.8%
Q2 24
-8.6%
17.8%
Q1 24
-25.7%
8.6%
Capex Intensity
NXDR
NXDR
RMAX
RMAX
Q4 25
0.1%
10.4%
Q3 25
0.2%
1.8%
Q2 25
0.5%
2.2%
Q1 25
0.1%
2.3%
Q4 24
0.1%
9.1%
Q3 24
0.3%
1.7%
Q2 24
0.2%
2.4%
Q1 24
0.0%
3.3%
Cash Conversion
NXDR
NXDR
RMAX
RMAX
Q4 25
28.39×
Q3 25
4.45×
Q2 25
0.97×
Q1 25
Q4 24
10.28×
Q3 24
18.22×
Q2 24
4.29×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NXDR
NXDR

US$67.1M97%
Non Us$2.3M3%

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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