Nextdoor Holdings, Inc.
Business
Nextdoor Holdings is a neighborhood-centric social platform connecting over 105 million verified users across 11 countries to local news, safety alerts, neighbor recommendations, and marketplace listings. The platform offers self-serve and managed advertising solutions enabling businesses of all sizes to reach hyperlocal audiences through neighborhood-level targeting, diverse ad formats, and proprietary measurement tools. Nextdoor generates revenue through its advertising platform while serving neighbors, small and national businesses, publishers, and public agencies seeking to engage local communities.
Summary from 10-K filed 2026-02-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 258 | 247 | 218 | 213 | 192 | |
| Cost of revenue | 41 | 42 | 42 | 39 | 29 | |
| Research and development | 135 | 128 | 150 | 127 | 97 | |
| Sales and marketing | 91 | 107 | 123 | 123 | 106 | |
| General and administrative | 62 | 92 | 76 | 68 | 55 | |
| Total costs and expenses | 330 | 369 | 391 | 357 | 287 | |
| Loss from operations | −72 | −122 | −172 | −144 | −95 | |
| Interest income | 19 | 24 | 26 | 9 | 177,000 | |
| Other income (expense), net | 605,000 | −99,000 | −505,000 | −1 | −539,000 | |
| Loss before income taxes | −53 | −97 | −147 | −136 | −95 | |
| Provision for income taxes | 2 | 706,000 | 756,000 | 2 | 157,000 | |
| Net loss | −54 | −98 | −148 | −138 | −95 | |
| Net loss per share attributable to Class A and Class B common stockholders, basic (in USD per share) | −0.14 | −0.25 | −0.39 | −0.36 | −0.65 | |
| Net loss per share attributable to Class A and Class B common stockholders, diluted (in USD per share) | −0.14 | −0.25 | −0.39 | −0.36 | −0.65 | |
| Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares) | 386 | 385 | 379 | 379 | 146 | |
| Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares) | 386 | 385 | 379 | 379 | 146 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 63 | 46 | 60 | 55 | 522 | |
| Marketable securities | 341 | 381 | 471 | 528 | 194 | |
| Accounts receivable, net of allowance of $491 and $451 as of December 31, 2025 and 2024, respectively | 34 | 31 | 26 | 30 | 30 | |
| Prepaid expenses and other current assets | 9 | 9 | 10 | 12 | 16 | |
| Total current assets | 448 | 467 | 567 | 625 | 762 | |
| Restricted cash, non-current | 8 | 11 | 11 | 0 | — | |
| Property and equipment, net | 2 | 3 | 8 | 12 | 13 | |
| Operating lease right-of-use assets | 12 | 14 | 57 | 53 | 59 | |
| Goodwill | 1 | 1 | 1 | 1 | 1 | |
| Other assets | 16 | 18 | 9 | 6 | 330,000 | |
| Total assets | 487 | 514 | 655 | 700 | 840 | |
| Accounts payable | 2 | 249,000 | 2 | 5 | 6 | |
| Operating lease liabilities, current | 9 | 8 | 6 | 8 | 7 | |
| Accrued expenses and other current liabilities | 21 | 19 | 27 | 22 | 15 | |
| Total current liabilities | 32 | 28 | 35 | 35 | 34 | |
| Operating lease liabilities, non-current | 23 | 32 | 60 | 54 | 62 | |
| Other liabilities, non-current | 221,000 | 270,000 | 218,000 | 0 | — | |
| Total liabilities | 56 | 60 | 96 | 88 | 95 | |
| Commitments and contingencies (Note 7) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 50,000 shares authorized; no shares issued or outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 1,348 | 1,317 | 1,324 | 1,231 | 1,226 | |
| Accumulated other comprehensive income | 2 | 917,000 | 943,000 | −2 | −529,000 | |
| Accumulated deficit | −918 | −864 | −766 | −618 | −480 | |
| Total stockholders' equity | 431 | 453 | 559 | 611 | 745 | |
| Total liabilities and stockholders' equity | 487 | 514 | 655 | 700 | 840 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 2 | 4 | 6 | 6 | 4 | |
| Stock-based compensation | 65 | 74 | 83 | 64 | 48 | |
| Non-cash impairment charges related to lease abandonment | 0 | 23 | 0 | 0 | — | |
| Accretion of investments | −2 | −5 | −9 | 151,000 | 340,000 | |
| Other | −145,000 | 622,000 | −301,000 | −2 | −337,000 | |
| Accounts receivable, net | −3 | −5 | 3 | −168,000 | −8 | |
| Prepaid expenses and other assets | 1 | 30,000 | 3 | 4 | −4 | |
| Operating lease right-of-use assets | 3 | 4 | 5 | 7 | 7 | |
| Accounts payable | 2 | −2 | −3 | −2 | 3 | |
| Operating lease liabilities | −8 | −7 | −6 | −7 | −6 | |
| Accrued expenses and other liabilities | 1 | −8 | 5 | 8 | 420,000 | |
| Net cash provided by (used in) operating activities | 6 | −20 | −59 | −61 | −51 | |
| Purchases of property and equipment | −580,000 | −404,000 | −267,000 | −3 | −9 | |
| Purchases of marketable securities | −292 | −290 | −591 | −712 | −200 | |
| Sales of marketable securities | 142 | 186 | 155 | 11 | 2 | |
| Maturities of marketable securities | 193 | 199 | 504 | 367 | 57 | |
| Loan to Opportunity Finance Network | 0 | −8 | −3 | −5 | 0 | |
| Net cash provided by investing activities | 43 | 86 | 66 | −342 | −150 | |
| Proceeds from issuance of common stock upon exercise of stock options | 3 | 13 | 7 | 12 | 15 | |
| Proceeds from issuance of common stock under employee stock purchase plan | 1 | 1 | 2 | 1 | 0 | |
| Tax withholdings on release of restricted stock units | −19 | −20 | −273,000 | −695,000 | −863,000 | |
| Repurchase of common stock | −19 | −76 | 0 | −77 | 0 | |
| Net cash provided by (used in) financing activities | −34 | −81 | 9 | −64 | 638 | |
| Effect of exchange rate changes on cash and cash equivalents | −53,000 | 128,000 | 35,000 | 723,000 | 283,000 | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 15 | −15 | 16 | −467 | 437 | |
| Cash paid for taxes | 533,000 | 1 | 2 | 1 | 313,000 | |
| Vesting of restricted stock and early exercised stock options | 0 | 0 | 174,000 | 5 | 6 | |
| Lease liabilities arising from obtaining right-of-use assets | 0 | 0 | 11 | 0 | 35 | |
| Remeasurement of operating lease liability and right-of-use asset | 0 | −19 | 0 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Nextdoor Holdings, Inc.'s CIK number?
Nextdoor Holdings, Inc.'s SEC CIK number is 0001846069 (1846069). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Nextdoor Holdings, Inc.'s SEC filings?
All of Nextdoor Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Nextdoor Holdings, Inc. last report earnings?
Nextdoor Holdings, Inc. (NXDR) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001846069-26-000097). This is Nextdoor Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Nextdoor Holdings, Inc.'s most recent earnings 8-K?
Nextdoor Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001846069-26-000097. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Nextdoor Holdings, Inc.'s latest earnings 8-K →
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