What is Nextdoor's operating income?

Nextdoor's total operating income in 2025 was -$71.94 million, based on the following breakdown: Total Gross Profit: $216.66 million Total Operating Expenses: $288.60 million

Nextdoor (NXDR) Financials

$2.04 +0.03 (+1.49%)

Closing price 04:00 PM Eastern

Extended Trading

$2.03 -0.01 (-0.49%)

As of 07:56 PM Eastern

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Annual Income Statements for Nextdoor

This table shows Nextdoor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-75	-95	-138	-148	-98	-54
Consolidated Net Income / (Loss)	-75	-95	-138	-148	-98	-54
Net Income / (Loss) Continuing Operations	-75	-95	-138	-148	-98	-54
Total Pre-Tax Income	-75	-95	-136	-147	-97	-53
Total Operating Income	-77	-95	-144	-172	-122	-72
Total Gross Profit	102	163	174	177	205	217
Total Revenue	123	192	213	218	247	258
Operating Revenue	123	192	213	218	247	258
Total Cost of Revenue	22	29	39	42	42	41
Operating Cost of Revenue	22	29	39	42	42	41
Total Operating Expenses	178	258	318	349	327	289
Selling, General & Admin Expense	29	55	68	76	92	62
Marketing Expense	80	106	123	123	107	91
Research & Development Expense	69	97	127	150	128	135
Total Other Income / (Expense), net	1.54	-0.36	7.96	25	24	19
Interest & Investment Income	0.73	0.18	9.30	26	24	19
Other Income / (Expense), net	0.82	-0.54	-1.34	-0.51	-0.10	0.61
Income Tax Expense	0.13	0.16	1.67	0.76	0.71	1.63
Basic Earnings per Share	($0.83)	($0.65)	($0.36)	($0.39)	($0.25)	($0.14)
Weighted Average Basic Shares Outstanding	90.19M	146.34M	378.73M	379.25M	385.11M	386.33M
Diluted Earnings per Share	($0.83)	($0.65)	($0.36)	($0.39)	($0.25)	($0.14)
Weighted Average Diluted Shares Outstanding	90.19M	146.34M	378.73M	379.25M	385.11M	386.33M
Weighted Average Basic & Diluted Shares Outstanding	-	386.03M	374.47M	393.63M	386.30M	387.73M

This table shows Nextdoor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026	9/30/2026
Total Costs & Expenses	-	-	-	-	-	-	86	-	-	-	83
Net Income / (Loss) Attributable to Common Shareholders	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12	-0.66
Consolidated Net Income / (Loss)	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12	-0.66
Net Income / (Loss) Continuing Operations	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12	-0.66
Total Pre-Tax Income	-28	-42	-15	-12	-22	-15	-13	-2.95	-11	-1.83	-0.55
Total Operating Income	-35	-49	-21	-17	-27	-20	-17	-7.42	-15	-5.67	-4.20
Total Gross Profit	43	53	54	55	45	54	58	59	51	63	66
Total Revenue	53	63	66	65	54	65	69	69	62	75	79
Operating Revenue	53	63	66	65	54	65	69	69	62	75	79
Total Cost of Revenue	9.98	10	11	10	9.45	11	10	10	11	11	13
Operating Cost of Revenue	9.98	10	11	10	9.45	11	10	10	11	11	13
Total Operating Expenses	78	102	75	72	72	75	76	66	66	69	70
Selling, General & Admin Expense	17	40	17	18	16	16	16	14	14	15	16
Marketing Expense	30	30	26	21	22	24	24	21	20	21	21
Research & Development Expense	31	31	32	34	33	35	36	31	32	33	33
Total Other Income / (Expense), net	6.69	6.55	6.05	5.00	5.20	5.18	4.50	4.48	4.05	3.84	3.65
Interest & Investment Income	6.85	6.41	5.80	5.32	4.98	4.77	4.62	4.38	4.04	3.83	3.83
Other Income / (Expense), net	-0.16	0.14	0.24	-0.33	0.22	0.41	-0.12	0.10	0.01	0.00	-0.18
Income Tax Expense	0.20	0.32	0.17	0.02	0.14	0.27	0.13	1.09	0.14	0.29	0.11
Basic Earnings per Share	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)	$0.00
Weighted Average Basic Shares Outstanding	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M	385.96M
Diluted Earnings per Share	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)	$0.00
Weighted Average Diluted Shares Outstanding	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M	385.96M
Weighted Average Basic & Diluted Shares Outstanding	390.28M	379.91M	382.14M	386.30M	382.59M	387.26M	392.11M	387.73M	381.39M	386.85M	386.79M

This table details how cash moves in and out of Nextdoor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.76	437	-467	16	-15	15
Net Cash From Operating Activities	-42	-51	-61	-59	-20	6.47
Net Cash From Continuing Operating Activities	-42	-51	-61	-59	-20	6.47
Net Income / (Loss) Continuing Operations	-75	-95	-138	-148	-98	-54
Consolidated Net Income / (Loss)	-75	-95	-138	-148	-98	-54
Depreciation Expense	3.06	4.17	5.66	5.77	3.90	1.94
Amortization Expense	-	0.34	0.15	-8.61	-5.46	-2.31
Non-Cash Adjustments To Reconcile Net Income	28	54	69	87	101	68
Changes in Operating Assets and Liabilities, net	2.25	-15	2.57	3.91	-22	-7.02
Net Cash From Investing Activities	37	-150	-342	66	86	43
Net Cash From Continuing Investing Activities	37	-150	-342	66	86	43
Purchase of Property, Plant & Equipment	-5.02	-8.85	-3.16	-0.27	-0.40	-0.58
Purchase of Investments	-78	-200	-712	-591	-290	-292
Sale and/or Maturity of Investments	119	59	378	660	384	335
Other Investing Activities, net	0.00	0.00	-5.00	-2.50	-7.50	0.00
Net Cash From Financing Activities	6.37	638	-64	8.92	-81	-34
Net Cash From Continuing Financing Activities	6.37	638	-64	8.92	-81	-34
Repurchase of Common Equity	0.00	0.00	-77	0.00	-76	-19
Issuance of Common Equity	0.00	0.00	1.43	2.01	1.08	1.33
Other Financing Activities, net	6.37	638	11	6.91	-6.58	-16
Effect of Exchange Rate Changes	-0.80	0.28	0.72	0.04	0.13	-0.05
Cash Income Taxes Paid	0.03	0.31	1.20	2.41	1.00	0.53

This table details how cash moves in and out of Nextdoor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026	9/30/2026
Net Change in Cash & Equivalents	9.44	-17	-3.26	-4.15	9.08	4.63	-5.96	7.25	-8.03	8.02	3.99
Net Cash From Operating Activities	-14	-5.36	-13	12	0.37	2.95	-6.32	9.47	1.25	8.35	19
Net Cash From Continuing Operating Activities	-14	-5.36	-13	12	0.37	2.95	-6.32	9.47	1.25	8.35	19
Net Income / (Loss) Continuing Operations	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12	-0.66
Consolidated Net Income / (Loss)	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12	-0.66
Depreciation Expense	1.39	1.14	0.78	0.59	0.54	0.51	0.48	0.40	0.36	0.33	0.34
Amortization Expense	-1.88	-1.44	-1.54	-0.60	-0.73	-0.65	-0.53	-0.40	-0.24	-0.20	-0.28
Non-Cash Adjustments To Reconcile Net Income	21	40	20	20	18	18	18	15	16	15	16
Changes in Operating Assets and Liabilities, net	-5.91	-2.48	-17	3.54	4.59	0.93	-11	-1.23	-3.64	-4.73	3.16
Net Cash From Investing Activities	36	26	32	-6.98	22	10	4.32	6.60	23	2.85	-2.43
Net Cash From Continuing Investing Activities	36	26	32	-6.98	22	10	4.32	6.60	23	2.85	-2.43
Purchase of Property, Plant & Equipment	-0.02	-0.10	-0.19	-0.09	-0.03	-0.31	-0.17	-0.08	-0.07	-0.17	-0.80
Purchase of Investments	-53	-76	-67	-94	-79	-76	-65	-72	-58	-64	-77
Sale and/or Maturity of Investments	96	101	100	87	101	86	70	78	81	67	76
Net Cash From Financing Activities	-13	-37	-22	-8.96	-13	-8.39	-3.93	-8.83	-32	-3.20	-12
Net Cash From Continuing Financing Activities	-13	-37	-22	-8.96	-13	-8.39	-3.93	-8.83	-32	-3.20	-12
Repurchase of Common Equity	-9.75	-44	-20	-2.23	-9.13	-5.40	-	-4.36	-29	-	-6.82
Issuance of Common Equity	0.61	-	0.47	-	0.71	-	0.61	-	0.42	-	0.39
Other Financing Activities, net	1.57	1.57	-2.98	-6.73	-4.43	-2.99	-4.54	-4.47	-3.69	-3.20	-5.66
Effect of Exchange Rate Changes	0.07	-0.01	0.03	0.04	0.00	-0.03	-0.04	0.01	-0.06	0.01	0.01

This table presents Nextdoor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	218	840	700	655	514	487
Total Current Assets	165	762	625	567	467	448
Cash & Equivalents	84	522	55	60	46	63
Short-Term Investments	53	194	528	471	381	341
Accounts Receivable	22	30	30	26	31	34
Prepaid Expenses	5.45	16	12	9.61	8.54	9.08
Plant, Property, & Equipment, net	5.72	13	12	8.08	2.75	1.64
Total Noncurrent Assets	47	66	62	80	45	37
Goodwill	1.21	1.21	1.21	1.21	1.21	1.21
Other Noncurrent Operating Assets	38	60	58	77	43	36
Total Liabilities & Shareholders' Equity	218	840	700	655	514	487
Total Liabilities	68	95	88	96	60	56
Total Current Liabilities	32	34	35	35	28	32
Accounts Payable	3.35	6.16	4.54	1.90	0.25	2.50
Accrued Expenses	15	15	22	27	19	21
Other Current Liabilities	14	12	7.77	6.21	8.50	8.90
Total Noncurrent Liabilities	36	62	54	61	33	24
Capital Lease Obligations	-	-	-	60	32	23
Other Noncurrent Operating Liabilities	36	62	54	0.22	0.27	0.22
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-298	745	611	559	453	431
Total Preferred & Common Equity	-298	745	611	559	453	431
Total Common Equity	-298	745	611	559	453	431
Common Stock	88	1,226	1,232	1,324	1,317	1,348
Retained Earnings	-385	-480	-618	-766	-864	-918
Accumulated Other Comprehensive Income / (Loss)	-0.80	-0.53	-2.20	0.94	0.92	1.56

This table presents Nextdoor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026	9/30/2026
Total Assets	684	670	633	542	518	495	490	489	453	462	464
Total Current Assets	592	581	540	493	469	452	448	448	416	426	428
Cash & Equivalents	74	48	70	53	50	57	62	56	56	64	68
Short-Term Investments	477	491	428	404	375	361	351	347	317	314	314
Accounts Receivable	28	30	26	28	30	22	27	33	33	38	35
Prepaid Expenses	12	11	16	8.53	15	12	7.83	12	10	9.74	12
Plant, Property, & Equipment, net	9.95	9.05	7.16	3.58	3.20	2.29	2.21	1.89	1.45	1.28	1.74
Total Noncurrent Assets	82	80	86	45	45	41	40	39	35	35	34
Goodwill	1.21	1.21	1.21	1.21	1.21	1.21	1.21	1.21	1.21	1.21	1.21
Other Noncurrent Operating Assets	79	77	84	44	44	39	39	37	34	34	33
Total Liabilities & Shareholders' Equity	684	670	633	542	518	495	490	489	453	462	464
Total Liabilities	101	97	92	70	62	59	61	59	51	51	53
Total Current Liabilities	37	35	33	33	27	29	33	33	30	32	36
Accounts Payable	5.96	3.31	2.12	2.80	0.24	1.03	4.22	4.34	0.68	2.27	5.84
Accrued Expenses	25	25	24	22	18	19	20	20	20	21	21
Other Current Liabilities	5.84	6.02	-	-	-	8.72	8.96	8.93	8.87	8.84	9.08
Total Noncurrent Liabilities	64	62	59	37	35	30	28	26	21	19	17
Capital Lease Obligations	-	-	59	37	34	30	28	26	21	19	16
Other Noncurrent Operating Liabilities	64	62	0.22	0.38	0.39	0.28	0.30	0.30	0.23	0.29	0.30
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	583	573	541	472	456	436	430	430	401	411	411
Total Preferred & Common Equity	583	573	541	472	456	436	430	430	401	411	411
Total Common Equity	583	573	541	472	456	436	430	430	401	411	411
Common Stock	1,273	1,301	1,336	1,310	1,306	1,321	1,330	1,342	1,331	1,343	1,345
Retained Earnings	-687	-725	-794	-837	-852	-886	-901	-914	-930	-932	-932
Accumulated Other Comprehensive Income / (Loss)	-2.26	-2.21	0.16	-0.26	2.26	1.20	1.31	1.65	0.34	-0.07	-1.38

This table displays calculated financial ratios and metrics derived from Nextdoor's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	55.90%	10.70%	2.61%	13.27%	4.19%
EBITDA Growth	0.00%	-24.81%	-53.84%	-25.68%	29.80%	41.84%
EBIT Growth	0.00%	-25.73%	-52.65%	-18.72%	29.55%	41.40%
NOPAT Growth	0.00%	-23.69%	-52.10%	-19.47%	29.40%	40.86%
Net Income Growth	0.00%	-26.70%	-44.68%	-7.14%	33.64%	44.73%
EPS Growth	0.00%	21.69%	44.62%	-8.33%	35.90%	44.00%
Operating Cash Flow Growth	0.00%	-23.23%	-18.01%	2.03%	65.92%	132.03%
Free Cash Flow Firm Growth	0.00%	0.00%	-18.05%	-81.51%	68.96%	26.06%
Invested Capital Growth	0.00%	159.88%	-4.83%	216.35%	-33.10%	-15.14%
Revenue Q/Q Growth	0.00%	0.00%	-2.77%	1.06%	4.07%	1.68%
EBITDA Q/Q Growth	0.00%	0.00%	-4.53%	-7.95%	20.03%	12.35%
EBIT Q/Q Growth	0.00%	0.00%	-4.84%	-7.17%	19.88%	12.40%
NOPAT Q/Q Growth	0.00%	0.00%	-5.15%	-7.03%	20.08%	11.85%
Net Income Q/Q Growth	0.00%	0.00%	-3.05%	-5.06%	22.46%	12.99%
EPS Q/Q Growth	0.00%	0.00%	-28.57%	-8.33%	24.24%	12.50%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-2.92%	7.45%	56.92%	-26.09%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-42.09%	61.89%	-18.47%
Invested Capital Q/Q Growth	0.00%	0.00%	46.29%	162.55%	-20.64%	-3.94%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	82.49%	85.01%	81.68%	80.94%	83.08%	84.09%
EBITDA Margin	-59.03%	-47.26%	-65.68%	-80.45%	-49.86%	-27.83%
Operating Margin	-62.17%	-49.33%	-67.78%	-78.92%	-49.19%	-27.92%
EBIT Margin	-61.51%	-49.61%	-68.41%	-79.15%	-49.23%	-27.69%
Profit (Net Income) Margin	-61.03%	-49.60%	-64.82%	-67.69%	-39.66%	-21.04%
Tax Burden Percent	100.17%	100.17%	101.23%	100.51%	100.73%	103.09%
Interest Burden Percent	99.04%	99.81%	93.61%	85.08%	79.97%	73.71%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-477.96%	-328.54%	-354.56%	-208.65%	-116.17%	-92.72%
ROIC Less NNEP Spread (ROIC-NNEP)	-462.33%	-321.75%	-348.87%	-203.50%	-113.18%	-91.73%
Return on Net Nonoperating Assets (RNNOA)	427.57%	307.22%	334.22%	183.38%	96.79%	80.47%
Return on Equity (ROE)	-50.39%	-21.32%	-20.34%	-25.27%	-19.38%	-12.25%
Cash Return on Invested Capital (CROIC)	0.00%	-417.39%	-349.62%	-312.58%	-76.50%	-76.34%
Operating Return on Assets (OROA)	-34.83%	-18.03%	-18.91%	-25.52%	-20.84%	-14.26%
Return on Assets (ROA)	-34.55%	-18.02%	-17.92%	-21.82%	-16.78%	-10.83%
Return on Common Equity (ROCE)	100.52%	-10.66%	-20.34%	-25.27%	-19.38%	-12.25%
Return on Equity Simple (ROE_SIMPLE)	25.26%	-12.80%	-22.57%	-26.45%	-21.62%	0.00%
Net Operating Profit after Tax (NOPAT)	-54	-66	-101	-121	-85	-50
NOPAT Margin	-43.52%	-34.53%	-47.44%	-55.24%	-34.43%	-19.55%
Net Nonoperating Expense Percent (NNEP)	-15.63%	-6.78%	-5.69%	-5.15%	-2.98%	-0.99%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-16.52%	-19.48%	-17.53%	-11.08%
Cost of Revenue to Revenue	17.51%	14.99%	18.32%	19.06%	16.92%	15.91%
SG&A Expenses to Revenue	23.36%	28.44%	31.83%	34.84%	37.27%	24.21%
R&D to Revenue	56.16%	50.52%	59.72%	68.71%	51.74%	52.48%
Operating Expenses to Revenue	144.67%	134.34%	149.46%	159.86%	132.27%	112.01%
Earnings before Interest and Taxes (EBIT)	-76	-95	-146	-173	-122	-71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-73	-91	-140	-176	-123	-72
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.56	1.25	1.30	2.00	1.91
Price to Tangible Book Value (P/TBV)	0.00	0.56	1.25	1.31	2.00	1.91
Price to Revenue (P/Rev)	3.24	2.17	3.58	3.33	3.66	3.20
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	63.16	0.00	6.41	2.93	8.70	8.86
Enterprise Value to Revenue (EV/Rev)	5.75	0.00	0.84	1.18	2.07	1.72
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	68.31
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.11	0.07	0.05
Long-Term Debt to Equity	0.00	0.00	0.00	0.11	0.07	0.05
Financial Leverage	-0.92	-0.95	-0.96	-0.90	-0.86	-0.88
Leverage Ratio	1.46	1.18	1.14	1.16	1.15	1.13
Compound Leverage Factor	1.44	1.18	1.06	0.99	0.92	0.83
Debt to Total Capital	0.00%	0.00%	0.00%	9.76%	6.64%	5.14%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	9.76%	6.64%	5.14%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	299.49%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-199.49%	100.00%	100.00%	90.24%	93.36%	94.86%
Debt to EBITDA	0.00	0.00	0.00	-0.34	-0.26	-0.33
Net Debt to EBITDA	0.00	0.00	0.00	2.68	3.20	5.32
Long-Term Debt to EBITDA	0.00	0.00	0.00	-0.34	-0.26	-0.33
Debt to NOPAT	0.00	0.00	0.00	-0.50	-0.38	-0.46
Net Debt to NOPAT	0.00	0.00	0.00	3.90	4.64	7.57
Long-Term Debt to NOPAT	0.00	0.00	0.00	-0.50	-0.38	-0.46
Altman Z-Score	1.18	2.72	4.56	3.35	7.36	7.33
Noncontrolling Interest Sharing Ratio	299.49%	50.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	5.14	22.74	18.04	16.01	16.70	14.03
Quick Ratio	4.93	22.25	17.69	15.74	16.40	13.75
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-84	-100	-181	-56	-41
Operating Cash Flow to CapEx	-828.27%	-579.56%	-1,914.05%	-22,199.63%	-5,000.50%	1,115.69%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.57	0.36	0.28	0.32	0.42	0.51
Accounts Receivable Turnover	5.65	7.47	7.16	7.80	8.62	7.86
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	21.56	21.05	17.47	21.94	45.67	117.46
Accounts Payable Turnover	6.44	6.06	7.29	12.94	39.04	29.84
Days Sales Outstanding (DSO)	64.60	48.89	50.99	46.82	42.37	46.44
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	56.71	60.28	50.09	28.20	9.35	12.23
Cash Conversion Cycle (CCC)	7.88	-11.39	0.90	18.62	33.02	34.21
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	11	29	28	88	59	50
Invested Capital Turnover	10.98	9.51	7.47	3.78	3.37	4.74
Increase / (Decrease) in Invested Capital	0.00	18	-1.41	60	-29	-8.90
Enterprise Value (EV)	709	-299	178	257	511	442
Market Capitalization	400	416	761	728	906	823
Book Value per Share	($3.30)	$14.12	$1.65	$1.45	$1.19	$1.10
Tangible Book Value per Share	($3.39)	$14.00	$1.64	$1.44	$1.18	$1.10
Total Capital	149	745	611	619	486	455
Total Debt	0.00	0.00	0.00	60	32	23
Total Long-Term Debt	0.00	0.00	0.00	60	32	23
Net Debt	-138	-716	-583	-471	-395	-381
Capital Expenditures (CapEx)	5.02	8.85	3.16	0.27	0.40	0.58
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-4.91	12	7.29	0.43	12	12
Debt-free Net Working Capital (DFNWC)	133	728	591	532	439	416
Net Working Capital (NWC)	133	728	591	532	439	416
Net Nonoperating Expense (NNE)	22	29	37	27	13	3.84
Net Nonoperating Obligations (NNO)	-138	-716	-583	-471	-395	-381
Total Depreciation and Amortization (D&A)	3.06	4.51	5.81	-2.84	-1.56	-0.37
Debt-free, Cash-free Net Working Capital to Revenue	-3.98%	6.47%	3.43%	0.20%	4.76%	4.47%
Debt-free Net Working Capital to Revenue	108.02%	378.90%	277.58%	243.48%	177.43%	161.57%
Net Working Capital to Revenue	108.02%	378.90%	277.58%	243.48%	177.43%	161.57%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.65)	($0.36)	($0.39)	($0.25)	($0.14)
Adjusted Weighted Average Basic Shares Outstanding	0.00	146.34M	378.73M	379.25M	385.11M	386.33M
Adjusted Diluted Earnings per Share	$0.00	($0.65)	($0.36)	($0.39)	($0.25)	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	146.34M	378.73M	379.25M	385.11M	386.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	386.03M	374.47M	393.63M	386.30M	387.73M
Normalized Net Operating Profit after Tax (NOPAT)	-54	-66	-101	-121	-85	-50
Normalized NOPAT Margin	-43.52%	-34.53%	-47.44%	-55.24%	-34.43%	-19.55%
Pre Tax Income Margin	-60.92%	-49.52%	-64.03%	-67.34%	-39.37%	-20.41%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-56.00%	0.00%	-77.02%	-34.85%

This table displays calculated financial ratios and metrics derived from Nextdoor's official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026	9/30/2026
DEI Shares Outstanding	-	-	-	-	386,301,635.00	382,588,456.00	387,259,591.00	-	387,725,402.00	381,387,725.00	386,848,402.00
DEI Adjusted Shares Outstanding	-	-	-	-	386,301,635.00	382,588,456.00	387,259,591.00	-	387,725,402.00	381,387,725.00	386,848,402.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-0.06	-0.04	-0.03	-	-0.03	-0.01	0.00
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.78%	11.26%	16.97%	17.41%	1.94%	2.85%	5.01%	6.52%	13.83%	14.53%	14.33%
EBITDA Growth	10.12%	-15.69%	53.11%	63.93%	23.80%	59.31%	18.27%	57.99%	43.66%	72.32%	75.17%
EBIT Growth	10.33%	-17.39%	53.95%	63.42%	23.25%	59.35%	15.51%	57.95%	42.84%	71.50%	74.74%
NOPAT Growth	10.47%	-18.28%	53.18%	64.12%	22.26%	58.63%	17.08%	56.58%	43.25%	72.06%	75.63%
Net Income Growth	16.18%	-20.84%	60.91%	70.09%	22.32%	64.09%	13.70%	66.73%	47.99%	86.19%	94.87%
EPS Growth	22.22%	-22.22%	60.00%	72.73%	14.29%	63.64%	25.00%	66.67%	50.00%	75.00%	100.00%
Operating Cash Flow Growth	0.64%	56.54%	29.07%	178.70%	102.70%	154.96%	51.31%	-19.43%	238.86%	183.54%	393.00%
Free Cash Flow Firm Growth	-238.21%	-149.92%	-21.06%	118.31%	137.38%	103.79%	118.27%	-78.38%	-128.80%	-582.89%	-67.19%
Invested Capital Growth	403.63%	92.05%	121.32%	-33.10%	-55.70%	-27.44%	-29.89%	-15.14%	2.64%	17.38%	-12.03%
Revenue Q/Q Growth	-4.34%	19.09%	3.66%	-0.58%	-16.94%	20.15%	5.85%	0.84%	-11.24%	20.89%	5.66%
EBITDA Q/Q Growth	26.74%	-38.91%	56.69%	18.15%	-54.75%	25.83%	13.01%	57.93%	-107.51%	63.56%	21.96%
EBIT Q/Q Growth	26.71%	-40.01%	57.99%	15.16%	-53.79%	25.85%	12.67%	57.78%	-109.06%	63.03%	22.59%
NOPAT Q/Q Growth	27.08%	-41.06%	57.61%	17.71%	-58.00%	24.94%	15.03%	56.91%	-106.49%	63.04%	25.89%
Net Income Q/Q Growth	30.27%	-51.38%	65.18%	18.63%	-81.08%	30.02%	16.31%	68.63%	-183.09%	81.41%	68.94%
EPS Q/Q Growth	36.36%	-57.14%	63.64%	25.00%	-100.00%	33.33%	25.00%	66.67%	-200.00%	66.67%	100.00%
Operating Cash Flow Q/Q Growth	8.77%	60.67%	-142.00%	190.63%	-96.87%	700.54%	-314.36%	249.99%	-86.83%	569.85%	121.51%
Free Cash Flow Firm Q/Q Growth	-11.90%	43.23%	12.90%	131.03%	143.64%	-94.24%	319.43%	-63.26%	-424.53%	3.43%	128.50%
Invested Capital Q/Q Growth	15.65%	-44.40%	22.43%	-20.64%	-18.01%	-8.92%	18.30%	-3.94%	-0.83%	4.16%	-11.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.23%	83.76%	83.04%	83.96%	82.56%	83.65%	84.85%	84.95%	82.09%	84.61%	83.26%
EBITDA Margin	-66.61%	-77.69%	-32.46%	-26.72%	-49.79%	-30.74%	-25.26%	-10.54%	-24.64%	-7.43%	-5.49%
Operating Margin	-65.38%	-77.44%	-31.67%	-26.21%	-49.86%	-31.15%	-25.01%	-10.69%	-24.86%	-7.60%	-5.33%
EBIT Margin	-65.68%	-77.22%	-31.30%	-26.71%	-49.46%	-30.52%	-25.18%	-10.54%	-24.84%	-7.59%	-5.56%
Profit (Net Income) Margin	-53.18%	-67.59%	-22.71%	-18.59%	-40.52%	-23.60%	-18.66%	-5.80%	-18.51%	-2.85%	-0.84%
Tax Burden Percent	100.71%	100.74%	101.14%	100.19%	100.65%	101.78%	101.03%	136.80%	101.21%	116.08%	119.38%
Interest Burden Percent	80.39%	86.89%	71.73%	69.45%	81.41%	75.97%	73.35%	40.24%	73.65%	32.29%	12.59%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-155.67%	-268.91%	-98.00%	-61.90%	-110.45%	-104.52%	-70.43%	-35.48%	-94.52%	-30.63%	-21.76%
ROIC Less NNEP Spread (ROIC-NNEP)	-154.88%	-267.15%	-97.92%	-61.86%	-109.70%	-104.23%	-70.22%	-35.78%	-94.33%	-31.13%	-22.37%
Return on Net Nonoperating Assets (RNNOA)	137.14%	243.87%	87.69%	52.90%	92.09%	92.17%	60.24%	31.39%	83.33%	27.59%	19.77%
Return on Equity (ROE)	-18.53%	-25.04%	-10.30%	-9.00%	-18.35%	-12.35%	-10.20%	-4.09%	-11.18%	-3.04%	-1.98%
Cash Return on Invested Capital (CROIC)	-314.40%	-330.66%	-273.73%	-76.50%	-24.40%	-82.45%	-55.58%	-76.34%	-89.02%	-82.99%	-34.00%
Operating Return on Assets (OROA)	-21.93%	-28.73%	-12.52%	-11.30%	-21.77%	-14.79%	-12.68%	-5.43%	-13.90%	-4.38%	-3.32%
Return on Assets (ROA)	-17.76%	-25.15%	-9.08%	-7.87%	-17.84%	-11.43%	-9.40%	-2.99%	-10.36%	-1.64%	-0.50%
Return on Common Equity (ROCE)	-18.53%	-25.04%	-10.30%	-9.00%	-18.35%	-12.35%	-10.20%	-4.09%	-11.18%	-3.04%	-1.98%
Return on Equity Simple (ROE_SIMPLE)	-26.28%	-31.69%	-27.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-24	-34	-15	-12	-19	-14	-12	-5.20	-11	-3.97	-2.94
NOPAT Margin	-45.77%	-54.21%	-22.17%	-18.35%	-34.90%	-21.80%	-17.50%	-7.48%	-17.40%	-5.32%	-3.73%
Net Nonoperating Expense Percent (NNEP)	-0.78%	-1.76%	-0.08%	-0.04%	-0.74%	-0.29%	-0.21%	0.30%	-0.19%	0.50%	0.61%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-2.46%	-4.06%	-3.10%	-2.65%	-1.14%	-2.54%	-0.92%	-0.69%
Cost of Revenue to Revenue	18.77%	16.24%	16.96%	16.04%	17.44%	16.35%	15.15%	15.05%	17.92%	15.39%	16.74%
SG&A Expenses to Revenue	31.47%	63.97%	26.22%	27.18%	29.78%	24.23%	23.59%	20.45%	23.17%	19.73%	19.85%
R&D to Revenue	58.93%	49.14%	48.62%	51.54%	61.82%	53.19%	51.78%	45.22%	51.92%	44.24%	41.71%
Operating Expenses to Revenue	146.61%	161.20%	114.71%	110.17%	132.42%	114.80%	109.86%	95.63%	106.94%	92.21%	88.59%
Earnings before Interest and Taxes (EBIT)	-35	-49	-21	-17	-27	-20	-17	-7.33	-15	-5.66	-4.38
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-35	-49	-21	-17	-27	-20	-17	-7.32	-15	-5.54	-4.32
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.60	2.30	2.07	2.00	1.36	1.48	1.88	1.91	1.35	2.11	2.29
Price to Tangible Book Value (P/TBV)	1.61	2.31	2.07	2.00	1.36	1.48	1.89	1.91	1.36	2.11	2.29
Price to Revenue (P/Rev)	3.91	4.76	3.97	3.66	2.38	2.54	3.19	3.20	2.05	3.15	3.30
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.99	11.13	7.57	8.70	4.22	5.68	8.31	8.86	3.86	9.84	12.59
Enterprise Value to Revenue (EV/Rev)	1.96	2.95	2.36	2.07	0.82	1.00	1.70	1.72	0.72	1.85	2.02
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	118.84	49.30	68.31	25.96	39.71	15.30
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.12	0.09	0.09	0.07	0.07	0.06	0.06	0.05	0.05	0.05	0.04
Long-Term Debt to Equity	0.11	0.08	0.08	0.07	0.07	0.06	0.06	0.05	0.05	0.05	0.04
Financial Leverage	-0.89	-0.91	-0.90	-0.86	-0.84	-0.88	-0.86	-0.88	-0.88	-0.89	-0.88
Leverage Ratio	1.17	1.16	1.15	1.15	1.15	1.14	1.14	1.13	1.13	1.13	1.13
Compound Leverage Factor	0.94	1.01	0.83	0.80	0.94	0.87	0.83	0.46	0.83	0.37	0.14
Debt to Total Capital	10.74%	8.65%	8.57%	6.64%	6.44%	6.06%	5.61%	5.14%	5.00%	4.39%	3.85%
Short-Term Debt to Total Capital	1.05%	1.56%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	9.68%	7.09%	6.91%	6.64%	6.44%	6.06%	5.61%	5.14%	5.00%	4.39%	3.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.27%	91.35%	91.43%	93.36%	93.56%	93.94%	94.39%	94.86%	95.00%	95.61%	96.15%
Debt to EBITDA	-0.38	-0.25	-0.28	-0.26	-0.26	-0.32	-0.31	-0.33	-0.35	-0.41	-0.51
Net Debt to EBITDA	2.52	2.31	2.48	3.20	3.38	4.50	4.62	5.32	5.87	7.90	11.28
Long-Term Debt to EBITDA	-0.34	-0.21	-0.22	-0.26	-0.26	-0.32	-0.31	-0.33	-0.35	-0.41	-0.51
Debt to NOPAT	-0.55	-0.36	-0.40	-0.38	-0.38	-0.46	-0.45	-0.46	-0.50	-0.59	-0.72
Net Debt to NOPAT	3.67	3.35	3.59	4.64	4.86	6.47	6.61	7.57	8.35	11.24	16.00
Long-Term Debt to NOPAT	-0.50	-0.30	-0.32	-0.38	-0.38	-0.46	-0.45	-0.46	-0.50	-0.59	-0.72
Altman Z-Score	5.05	8.31	8.22	8.03	4.86	5.08	7.00	7.76	5.00	8.89	9.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	16.52	15.07	17.53	16.70	15.79	13.66	13.42	14.03	14.01	13.27	11.83
Quick Ratio	16.02	14.81	16.98	16.40	15.36	13.42	13.06	13.75	13.67	12.96	11.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-111	-63	-55	17	42	2.40	10	3.70	-12	-12	3.30
Operating Cash Flow to CapEx	-68,135.00%	-5,306.93%	-6,686.08%	13,208.99%	1,314.29%	953.40%	-3,827.27%	12,143.59%	1,781.43%	4,828.32%	2,309.99%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.37	0.40	0.42	0.44	0.48	0.50	0.51	0.56	0.58	0.60
Accounts Receivable Turnover	8.20	8.08	7.99	8.62	10.43	9.07	8.10	7.86	9.78	8.45	8.41
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	24.56	33.73	38.81	45.67	52.60	86.39	99.68	117.46	142.05	157.14	156.78
Accounts Payable Turnover	11.59	9.48	23.65	39.04	26.20	11.87	17.90	29.84	49.78	13.39	9.07
Days Sales Outstanding (DSO)	44.54	45.20	45.70	42.37	34.99	40.25	45.08	46.44	37.32	43.22	43.38
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	31.48	38.51	15.44	9.35	13.93	30.75	20.39	12.23	7.33	27.26	40.25
Cash Conversion Cycle (CCC)	13.06	6.69	30.27	33.02	21.06	9.49	24.69	34.21	29.99	15.95	3.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	109	60	74	59	48	44	52	50	49	52	46
Invested Capital Turnover	3.40	4.96	4.42	3.37	3.16	4.79	4.02	4.74	5.43	5.76	5.83
Increase / (Decrease) in Invested Capital	87	29	41	-29	-61	-17	-22	-8.90	1.27	7.63	-6.24
Enterprise Value (EV)	434	673	560	511	203	249	432	442	191	507	575
Market Capitalization	867	1,085	942	906	591	635	809	823	543	866	940
Book Value per Share	$1.38	$1.21	$1.20	$1.19	$1.13	$1.12	$1.11	$1.10	$1.04	$1.08	$1.06
Tangible Book Value per Share	$1.38	$1.21	$1.20	$1.18	$1.13	$1.12	$1.11	$1.10	$1.03	$1.07	$1.06
Total Capital	607	517	499	486	466	457	455	455	423	429	427
Total Debt	65	45	43	32	30	28	26	23	21	19	16
Total Long-Term Debt	59	37	34	32	30	28	26	23	21	19	16
Net Debt	-433	-412	-382	-395	-388	-386	-378	-381	-352	-359	-365
Capital Expenditures (CapEx)	0.02	0.10	0.19	0.09	0.03	0.31	0.17	0.08	0.07	0.17	0.80
Debt-free, Cash-free Net Working Capital (DFCFNWC)	16	12	26	12	5.29	2.05	12	12	13	16	10
Debt-free Net Working Capital (DFNWC)	514	469	451	439	423	415	415	416	386	394	392
Net Working Capital (NWC)	508	460	442	439	423	415	415	416	386	394	392
Net Nonoperating Expense (NNE)	3.94	8.47	0.35	0.16	3.04	1.17	0.80	-1.16	0.69	-1.84	-2.28
Net Nonoperating Obligations (NNO)	-433	-412	-382	-395	-388	-386	-378	-381	-352	-359	-365
Total Depreciation and Amortization (D&A)	-0.49	-0.30	-0.76	-0.01	-0.18	-0.14	-0.06	0.00	0.12	0.13	0.06
Debt-free, Cash-free Net Working Capital to Revenue	7.27%	5.25%	10.84%	4.76%	2.13%	0.82%	4.59%	4.47%	4.93%	5.69%	3.58%
Debt-free Net Working Capital to Revenue	231.83%	205.41%	189.60%	177.43%	170.43%	166.09%	163.76%	161.57%	145.67%	143.33%	137.76%
Net Working Capital to Revenue	228.94%	201.88%	186.12%	177.43%	170.43%	166.09%	163.76%	161.57%	145.67%	143.33%	137.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M	385.96M
Adjusted Diluted Earnings per Share	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M	385.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	390.28M	379.91M	382.14M	386.30M	382.59M	387.26M	392.11M	387.73M	381.39M	386.85M	386.79M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-34	-15	-12	-19	-14	-12	-5.20	-11	-3.97	-2.94
Normalized NOPAT Margin	-45.77%	-54.21%	-22.17%	-18.35%	-34.90%	-21.80%	-17.50%	-7.48%	-17.40%	-5.32%	-3.73%
Pre Tax Income Margin	-52.80%	-67.09%	-22.45%	-18.55%	-40.26%	-23.19%	-18.47%	-4.24%	-18.29%	-2.45%	-0.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-6.85%	-35.73%	-57.96%	-77.02%	-81.64%	-56.85%	-26.90%	-34.85%	-87.98%	-108.52%	-218.56%

Financials Breakdown Chart

Key Financial Trends

Nextdoor’s financial results show meaningful improvement, but the company remains unprofitable. Revenue reached $74.6 million in Q2 2026, up 14.5% from $65.1 million in the restated Q2 2025 and approximately 50% above Q1 2023 revenue of $49.8 million. Gross profit increased to $63.1 million, while the gross margin remained strong at approximately 84.6%.

Operating performance also improved in the latest quarter. Nextdoor reduced operating expenses to $68.7 million from $74.7 million a year earlier, narrowing its operating loss to $5.7 million from $20.3 million. The company’s net loss declined to $2.1 million, or $0.01 per share, compared with a $15.4 million loss, or $0.04 per share, in Q2 2025.

Cash generation has become more favorable. Operating cash flow was $8.4 million in Q2 2026, compared with $1.2 million in Q1 2026, $2.9 million in Q2 2025 and negative $6.3 million in Q3 2025. However, much of the cash-flow benefit continues to come from large non-cash adjustments rather than net income, which remains negative.

Revenue growth is accelerating. Quarterly revenue rose from $49.8 million in Q1 2023 to $74.6 million in Q2 2026, with Q2 2026 revenue increasing 14.5% year over year.
Profitability is moving in the right direction. The Q2 2026 operating loss narrowed to $5.7 million from $20.3 million a year earlier, while the net loss improved by approximately $13.2 million.
Gross margins remain attractive. Q2 2026 gross margin was roughly 84.6%, compared with approximately 83.6% in Q2 2025 and 75.0% in Q1 2023.
Operating cash flow turned strongly positive. Nextdoor generated $8.4 million of operating cash flow in Q2 2026, helping produce an $8.0 million increase in cash and equivalents during the quarter.
The balance sheet remains highly liquid. Cash and short-term investments totaled approximately $378.1 million at June 30, 2026, compared with total liabilities of $51.2 million and current liabilities of $32.1 million.
Share repurchases have reduced the share count over time. The company repurchased $28.7 million of common equity in Q1 2026 and $4.4 million in Q4 2025, supporting per-share value if losses continue to narrow.
Investment income is an important earnings contributor. Nextdoor recorded $3.8 million of interest and investment income in Q2 2026. This supports results, but the benefit could decline if interest rates fall or the company’s investment portfolio becomes smaller.
Cash balances have declined over the longer term. Cash and short-term investments fell from approximately $574.1 million in Q2 2023 to $378.1 million in Q2 2026, although the company still maintains substantial liquidity.
Nextdoor has not yet achieved profitability. The company reported a net loss in every quarter presented, and retained earnings remained negative at approximately $931.8 million in Q2 2026.
Cash flow quality requires monitoring. Recent operating cash flow has been supported by sizable non-cash adjustments, while changes in operating assets and liabilities reduced cash flow by $4.7 million in Q2 2026.

Overall, Nextdoor’s trend is improving: revenue is growing, expenses are better controlled, losses are narrowing and operating cash flow has turned positive. The principal risk for investors is that the business still depends on continued revenue growth and cost discipline to reach sustainable profitability before its accumulated losses and declining investment balances become more significant.

11/11/26 09:45 PM ETAI Generated. May Contain Errors.

Nextdoor Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Nextdoor's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Nextdoor's net income appears to be on an upward trend, with a most recent value of -$54.20 million in 2025, rising from -$75.23 million in 2020. The previous period was -$98.06 million in 2024. Check out Nextdoor's forecast to explore projected trends and price targets.

Nextdoor's total operating income in 2025 was -$71.94 million, based on the following breakdown:

Total Gross Profit: $216.66 million
Total Operating Expenses: $288.60 million

Over the last 5 years, Nextdoor's total revenue changed from $123.28 million in 2020 to $257.65 million in 2025, a change of 109.0%.

In the past 13 quarters, Nextdoor's cash and equivalents has ranged from $48.44 million in Q3 2023 to $74.27 million in Q2 2023, and is currently $67.54 million as of their latest financial filing in Q3 2026.

Nextdoor had total debt of $23.35 million at the end of 2025, a 27.6% decrease from 2024, and none in 2020.

Over the last 5 years, Nextdoor's book value per share changed from -3.30 in 2020 to 1.10 in 2025.

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Financial statements for NASDAQ:NXDR last updated on 11/5/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Nextdoor (NXDR) Financials

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Nextdoor (NXDR) Financials

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