For Q1 FY2026 ended March 31, 2026, Nextdoor reported revenue of $61.7 million, up 13.8% year-over-year. Net loss improved to $11.4 million from $21.9 million a year ago, a 48.0% reduction. Operating loss narrowed to $15.3 million, a 43.2% improvement. Diluted EPS was -$0.03, compared to -$0.06 in the prior year quarter.
•Revenue grew 13.8% YoY to $61.7 million.
•Net loss improved 48.0% to $11.4 million.
•Operating loss narrowed 43.2% to $15.3 million.
•Cash and equivalents stood at $56.1 million with no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public agencies in the United States and internationally. The company provides local news, events, relevant discussions, and exchange goods and services, as well as discovers and supports local businesses. It operates in 11 countries. The company is headquartered in San Francisco, California.
Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public agencies. The platform enables users to stay informed about local news and events, engage in relevant discussions, exchange goods and services, and discover and support local businesses. It serves as a digital community hub for neighborhoods, fostering connections among residents and local organizations. The company operates in 11 countries, primarily in the United States and internationally. Its services are designed to strengthen local communities by providing a dedicated space for hyperlocal interactions, from sharing recommendations to organizing community activities.
Where is Nextdoor Holdings (NXDR) listed and in which currency?
Nextdoor Holdings, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol NXDR. The trading currency for its shares is the United States Dollar (USD). As a publicly traded company on a major U.S. exchange, its stock is accessible to investors through brokerage accounts that support NYSE listings. The company's financial reporting and dividends, if any, are also denominated in USD, reflecting its primary operations in the United States.
What sector and industry does Nextdoor Holdings (NXDR) belong to?
Nextdoor Holdings, Inc. is classified under the Communication Services sector and the Internet Content & Information industry. This means the company primarily operates in the digital space, providing online content and information services. Specifically, Nextdoor's platform focuses on user-generated content related to local communities, such as news, events, and discussions. As an internet content provider, it relies on network effects and user engagement to deliver value, distinguishing it from traditional media or telecommunications companies within the same sector.
Where is Nextdoor Holdings (NXDR) headquartered and what markets does it serve?
Nextdoor Holdings, Inc. is headquartered in San Francisco, California, United States. The company serves both domestic and international markets, operating in 11 countries. While its primary market is the United States, it has expanded its neighborhood network to several other countries, allowing neighbors, businesses, and public agencies abroad to connect through its platform. The international presence broadens its user base and enables cross-cultural community engagement, though the majority of its operations remain focused on the U.S. market.
How does Nextdoor Holdings (NXDR) generate revenue?
Nextdoor Holdings generates revenue primarily through advertising and partnerships with local businesses and public agencies. Businesses can promote their services to nearby residents, while public agencies use the platform to share important updates and engage with the community. The company also offers sponsored content and targeted advertising options to reach specific neighborhoods. Additionally, Nextdoor may generate revenue from premium features or services for businesses, though its core model relies on a free-to-use platform for neighbors. The network effect—where more users attract more advertisers—is central to its business model.