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NXDR

Nextdoor Holdings, Inc.

NXDR

Nextdoor Holdings, Inc. • NYSE
$1.75 ▲ 0.00% (+0.00)
Market Cap $685.91 M
52w High $2.80
52w Low $1.32
Dividend Yield 0%
P/E -10.94
Volume 799.23K
Outstanding Shares 391.95M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $68.898M ▲ $75.69M ▲ $-12.857M ▲ -18.661% ▲ $-0.033 ▲ $-12.251M ▲
Q2-2025 $65.093M ▲ $74.726M ▲ $-15.362M ▲ -23.6% ▲ $-0.04 ▲ $-19.762M ▲
Q1-2025 $54.176M ▼ $71.742M ▼ $-21.952M ▼ -40.52% ▼ $-0.057 ▼ $-26.469M ▼
Q4-2024 $65.228M ▼ $71.862M ▼ $-12.123M ▲ -18.586% ▲ $-0.032 ▲ $-16.506M ▲
Q3-2024 $65.61M $75.258M $-14.898M -22.707% $-0.039 $-20M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $403.317M ▼ $488.949M ▼ $59.264M ▼ $429.685M ▲
Q2-2025 $413.349M ▼ $490.355M ▼ $60.823M ▲ $429.532M ▼
Q1-2025 $417.885M ▼ $494.962M ▼ $58.893M ▼ $436.069M ▼
Q4-2024 $426.979M ▲ $513.953M ▼ $60.465M ▼ $453.488M ▼
Q3-2024 $424.745M $517.663M $61.618M $456.045M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-12.857M ▲ $-6.315M ▼ $4.319M ▼ $-3.931M ▲ $-5.962M ▼ $-6.48M ▼
Q2-2025 $-15.362M ▲ $2.946M ▲ $10.102M ▼ $-8.386M ▲ $4.631M ▼ $2.637M ▲
Q1-2025 $-21.952M ▼ $368K ▼ $21.551M ▲ $-12.845M ▼ $9.077M ▲ $340K ▼
Q4-2024 $-12.123M ▲ $11.756M ▲ $-6.984M ▼ $-8.962M ▲ $-4.15M ▼ $11.667M ▲
Q3-2024 $-14.898M $-12.971M $32.011M $-22.33M $-3.26M $-13.165M

Five-Year Company Overview

Income Statement

Income Statement Nextdoor is still in the building phase: revenue has been growing steadily each year, but the business remains unprofitable. The good news is that losses have been shrinking recently, suggesting better cost control and improving scale. Gross margins are strong, which means the core service is inexpensive to run relative to the revenue it generates; the main drag is overhead and growth spending. Overall, the income statement tells a story of a niche platform that has found a way to grow sales, but has not yet crossed into sustainable profitability.

Balance Sheet

Balance Sheet The balance sheet is solid but clearly past its early post‑IPO cash peak. The company still holds more assets than liabilities and maintains a positive equity base, which gives it some financial cushion. However, cash levels are far lower than right after the SPAC listing, reflecting several years of losses and investment. Debt is present but not overwhelming, so the company is not heavily leveraged. In short, Nextdoor still has a reasonably healthy foundation, but far less excess capital than when it went public.

Cash Flow

Cash Flow Cash flow is negative but moving in the right direction. The company has been consistently burning cash from operations, yet that burn has eased over time, showing progress toward a more self-sustaining model. Capital spending is very light, so free cash flow mostly mirrors operating cash flow. The main question is how quickly the business can close the remaining gap to break-even before its cash cushion becomes uncomfortably thin.

Competitive Edge

Competitive Edge Nextdoor occupies a very specific niche: local, neighborhood-level social networking and advertising. Its requirement that users verify their identity and address helps build trust, which is different from many larger, more anonymous platforms. The value of the service increases as more people in each neighborhood join, creating strong local network effects that are hard for rivals to copy. At the same time, it competes indirectly with giants like Meta, Google, and local media for advertising budgets, so it must continually prove that its hyperlocal focus delivers better results for local and regional advertisers.

Innovation and R&D

Innovation and R&D Innovation is a central part of Nextdoor’s strategy. The company is leaning heavily on artificial intelligence to personalize neighborhood feeds and to power a more effective ad platform, especially for small and local businesses. It is experimenting with dynamic, location-aware and even weather-aware ads, as well as AI-assisted ad creation tools that lower the barrier for small advertisers. The platform’s rich local data — what people talk about, recommend, and need in each area — gives it a unique base to build new features and targeting capabilities. Success will depend on whether these tools meaningfully boost advertiser performance and deepen user engagement, especially as it expands internationally.

Summary

Nextdoor looks like a focused, niche platform that is slowly maturing. Financially, it has grown revenue and narrowed losses, but it is still in the red and has used up much of its initial cash war chest. The balance sheet remains sound, with modest debt and positive equity, but there is less room for prolonged heavy cash burn. Strategically, the company’s strengths lie in its verified, trusted communities, hyperlocal network effects, and AI-driven ad and engagement tools. The main opportunities are better monetization of its local audience, improved ad performance, and international expansion; the main risks are persistent unprofitability and intense competition for digital advertising dollars from much larger players.

NEWS

November 12, 2025 · 6:30 AM UTC

Nextdoor Introduces AI-Driven Ad Performance Optimization and New Video Ad Formats

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November 10, 2025 · 6:30 AM UTC

Nextdoor and Waze Partner to Bring Real-time Traffic and Road Alerts to Neighbors

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November 5, 2025 · 4:10 PM UTC

Nextdoor Announces Indrajit Ponnambalam as Chief Financial Officer

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November 5, 2025 · 4:05 PM UTC

Nextdoor Reports Third Quarter 2025 Results

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October 8, 2025 · 6:30 AM UTC

Nextdoor Announces Third Quarter 2025 Financial Results and Conference Call Date

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