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- Revenue of $69 million, +5% year-over-year; Platform WAU of 21.6 million, -3% year-over-year<\/i><\/li>\n<\/ul>\n
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- GAAP net loss of $13 million; Adjusted EBITDA of $4 million, representing year-over-year margin improvement of 8 percentage points<\/i><\/li>\n<\/ul>\n
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- Reiterates path to full-year adjusted EBITDA breakeven in FY 2026<\/i><\/li>\n<\/ul>\n
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SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nNextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today reported financial results for the third quarter ended September 30, 2025.\n<\/p>\n\nNextdoor’s highlighted metrics for the quarter ended September 30, 2025 include:\n<\/p>\n
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- \nPlatform Weekly Active Users (Platform WAU) of 21.6 million decreased 3% year-over-year.\n<\/li>\n
- \nRevenue of $69 million increased 5% year-over-year.\n<\/li>\n
- \nNet loss was $13 million, compared to $15 million in the year-ago period.\n<\/li>\n
- \nAdjusted EBITDA was $4 million, compared to a loss of $1 million in the year-ago period.\n<\/li>\n
- \nEnding cash, cash equivalents, and marketable securities were $403 million as of September 30, 2025.\n<\/li>\n<\/ul>\n
\n“We saw steady execution and progress in Q3, delivering our highest-ever quarterly revenue,” said Nextdoor CEO Nirav Tolia. “Our financial and operational discipline continue to drive growth and expand non-GAAP profitability, and we remain on track to reach full-year Adjusted EBITDA breakeven in 2026. Self-serve remains our growth engine, representing nearly 60% of our Q3 revenue, as advertisers continue to benefit from performance improvements unlocked by our Nextdoor Ads Platform. With the new Nextdoor live in market, we continue to test and optimize for stronger engagement, improved monetization, and a reenergized user base over the long-term.”\n<\/p>\n
\nNextdoor also announced the appointment of Indrajit Ponnambalam as Chief Financial Officer, effective December 1, 2025. Ponnambalam brings over 20 years of financial leadership experience across high-growth technology, media, and consumer platforms. Most recently, he served as Chief Financial Officer at Premion, an industry-leading connected TV advertising platform. He previously spent five years at Match Group in senior finance leadership roles, and has held finance roles at Time Warner Cable and AOL.\n<\/p>\n
\nFor more detailed information on our operating and financial results for the third quarter ended September 30, 2025, as well as our outlook for Q4 and fiscal year 2025, please reference our Investor Update posted to our Investor Relations website located at investors.nextdoor.com<\/a>.\n<\/p>\n
- Reiterates path to full-year adjusted EBITDA breakeven in FY 2026<\/i><\/li>\n<\/ul>\n
- GAAP net loss of $13 million; Adjusted EBITDA of $4 million, representing year-over-year margin improvement of 8 percentage points<\/i><\/li>\n<\/ul>\n
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