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

$2.58 +0.01 (+0.19%)

Closing price 08/14/2026 03:59 PM Eastern

Extended Trading

$2.58 -0.01 (-0.39%)

As of 08/14/2026 07:34 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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	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
Net Income / (Loss) Attributable to Common Shareholders	-41	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12
Consolidated Net Income / (Loss)	-41	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12
Net Income / (Loss) Continuing Operations	-41	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12
Total Pre-Tax Income	-40	-28	-42	-15	-12	-22	-15	-13	-2.95	-11	-1.83
Total Operating Income	-48	-35	-49	-21	-17	-27	-20	-17	-7.42	-15	-5.67
Total Gross Profit	45	43	53	54	55	45	54	58	59	51	63
Total Revenue	56	53	63	66	65	54	65	69	69	62	75
Operating Revenue	56	53	63	66	65	54	65	69	69	62	75
Total Cost of Revenue	11	9.98	10	11	10	9.45	11	10	10	11	11
Operating Cost of Revenue	11	9.98	10	11	10	9.45	11	10	10	11	11
Total Operating Expenses	93	78	102	75	72	72	75	76	66	66	69
Selling, General & Admin Expense	21	17	40	17	18	16	16	16	14	14	15
Marketing Expense	32	30	30	26	21	22	24	24	21	20	21
Research & Development Expense	40	31	31	32	34	33	35	36	31	32	33
Total Other Income / (Expense), net	7.17	6.69	6.55	6.05	5.00	5.20	5.18	4.50	4.48	4.05	3.84
Interest & Investment Income	7.15	6.85	6.41	5.80	5.32	4.98	4.77	4.62	4.38	4.04	3.83
Other Income / (Expense), net	0.02	-0.16	0.14	0.24	-0.33	0.22	0.41	-0.12	0.10	0.01	0.00
Income Tax Expense	0.04	0.20	0.32	0.17	0.02	0.14	0.27	0.13	1.09	0.14	0.29
Basic Earnings per Share	($0.11)	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)
Weighted Average Basic Shares Outstanding	379.25M	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M
Diluted Earnings per Share	($0.11)	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)
Weighted Average Diluted Shares Outstanding	379.25M	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M
Weighted Average Basic & Diluted Shares Outstanding	393.63M	390.28M	379.91M	382.14M	386.30M	382.59M	387.26M	392.11M	387.73M	381.39M	386.85M

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	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
Net Change in Cash & Equivalents	12	9.44	-17	-3.26	-4.15	9.08	4.63	-5.96	7.25	-8.03	8.02
Net Cash From Operating Activities	-15	-14	-5.36	-13	12	0.37	2.95	-6.32	9.47	1.25	8.35
Net Cash From Continuing Operating Activities	-15	-14	-5.36	-13	12	0.37	2.95	-6.32	9.47	1.25	8.35
Net Income / (Loss) Continuing Operations	-41	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12
Consolidated Net Income / (Loss)	-41	-28	-43	-15	-12	-22	-15	-13	-4.03	-11	-2.12
Depreciation Expense	1.41	1.39	1.14	0.78	0.59	0.54	0.51	0.48	0.40	0.36	0.33
Amortization Expense	-2.10	-1.88	-1.44	-1.54	-0.60	-0.73	-0.65	-0.53	-0.40	-0.24	-0.20
Non-Cash Adjustments To Reconcile Net Income	23	21	40	20	20	18	18	18	15	16	15
Changes in Operating Assets and Liabilities, net	3.46	-5.91	-2.48	-17	3.54	4.59	0.93	-11	-1.23	-3.64	-4.73
Net Cash From Investing Activities	26	36	26	32	-6.98	22	10	4.32	6.60	23	2.85
Net Cash From Continuing Investing Activities	26	36	26	32	-6.98	22	10	4.32	6.60	23	2.85
Purchase of Property, Plant & Equipment	0.00	-0.02	-0.10	-0.19	-0.09	-0.03	-0.31	-0.17	-0.08	-0.07	-0.17
Purchase of Investments	-136	-53	-76	-67	-94	-79	-76	-65	-72	-58	-64
Sale and/or Maturity of Investments	162	96	101	100	87	101	86	70	78	81	67
Net Cash From Financing Activities	0.46	-13	-37	-22	-8.96	-13	-8.39	-3.93	-8.83	-32	-3.20
Net Cash From Continuing Financing Activities	0.46	-13	-37	-22	-8.96	-13	-8.39	-3.93	-8.83	-32	-3.20
Other Financing Activities, net	0.47	1.57	1.57	-2.98	-6.73	-4.43	-2.99	-4.54	-4.47	-3.69	-3.20
Effect of Exchange Rate Changes	-0.04	0.07	-0.01	0.03	0.04	0.00	-0.03	-0.04	0.01	-0.06	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	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	3/31/2023	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
Total Assets	695	684	670	633	542	518	495	490	489	453	462
Total Current Assets	614	592	581	540	493	469	452	448	448	416	426
Cash & Equivalents	68	74	48	70	53	50	57	62	56	56	64
Short-Term Investments	507	477	491	428	404	375	361	351	347	317	314
Accounts Receivable	28	28	30	26	28	30	22	27	33	33	38
Prepaid Expenses	11	12	11	16	8.53	15	12	7.83	12	10	9.74
Plant, Property, & Equipment, net	11	9.95	9.05	7.16	3.58	3.20	2.29	2.21	1.89	1.45	1.28
Total Noncurrent Assets	70	82	80	86	45	45	41	40	39	35	35
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	66	79	77	84	44	44	39	39	37	34	34
Total Liabilities & Shareholders' Equity	695	684	670	633	542	518	495	490	489	453	462
Total Liabilities	98	101	97	92	70	62	59	61	59	51	51
Total Current Liabilities	33	37	35	33	33	27	29	33	33	30	32
Accounts Payable	5.07	5.96	3.31	2.12	2.80	0.24	1.03	4.22	4.34	0.68	2.27
Accrued Expenses	23	25	25	24	22	18	19	20	20	20	21
Other Current Liabilities	5.66	5.84	6.02	-	-	-	8.72	8.96	8.93	8.87	8.84
Total Noncurrent Liabilities	65	64	62	59	37	35	30	28	26	21	19
Capital Lease Obligations	-	-	-	59	37	34	30	28	26	21	19
Other Noncurrent Operating Liabilities	65	64	62	0.22	0.38	0.39	0.28	0.30	0.30	0.23	0.29
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	596	583	573	541	472	456	436	430	430	401	411
Total Preferred & Common Equity	596	583	573	541	472	456	436	430	430	401	411
Total Common Equity	596	583	573	541	472	456	436	430	430	401	411
Common Stock	1,249	1,273	1,301	1,336	1,310	1,306	1,321	1,330	1,342	1,331	1,343
Retained Earnings	-652	-687	-725	-794	-837	-852	-886	-901	-914	-930	-932
Accumulated Other Comprehensive Income / (Loss)	-0.69	-2.26	-2.21	0.16	-0.26	2.26	1.20	1.31	1.65	0.34	-0.07

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	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
DEI Shares Outstanding	-	-	-	-	-	386,301,635.00	382,588,456.00	387,259,591.00	-	387,725,402.00	381,387,725.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	386,301,635.00	382,588,456.00	387,259,591.00	-	387,725,402.00	381,387,725.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-0.06	-0.04	-0.03	-	-0.03	-0.01
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.29%	6.78%	11.26%	16.97%	17.41%	1.94%	2.85%	5.01%	6.52%	13.83%	14.53%
EBITDA Growth	-36.55%	10.12%	-15.69%	53.11%	63.93%	23.80%	59.31%	18.27%	57.99%	43.66%	72.32%
EBIT Growth	-32.05%	10.33%	-17.39%	53.95%	63.42%	23.25%	59.35%	15.51%	57.95%	42.84%	71.50%
NOPAT Growth	-31.17%	10.47%	-18.28%	53.18%	64.12%	22.26%	58.63%	17.08%	56.58%	43.25%	72.06%
Net Income Growth	-21.32%	16.18%	-20.84%	60.91%	70.09%	22.32%	64.09%	13.70%	66.73%	47.99%	86.19%
EPS Growth	-37.50%	22.22%	-22.22%	60.00%	72.73%	14.29%	63.64%	25.00%	66.67%	50.00%	75.00%
Operating Cash Flow Growth	24.20%	0.64%	56.54%	29.07%	178.70%	102.70%	154.96%	51.31%	-19.43%	238.86%	183.54%
Free Cash Flow Firm Growth	-288.91%	-238.21%	-149.92%	-21.06%	118.31%	137.38%	103.79%	118.27%	-78.38%	-128.80%	-582.89%
Invested Capital Growth	216.35%	403.63%	92.05%	121.32%	-33.10%	-55.70%	-27.44%	-29.89%	-15.14%	2.64%	17.38%
Revenue Q/Q Growth	-0.95%	-4.34%	19.09%	3.66%	-0.58%	-16.94%	20.15%	5.85%	0.84%	-11.24%	20.89%
EBITDA Q/Q Growth	-6.39%	26.74%	-38.91%	56.69%	18.15%	-54.75%	25.83%	13.01%	57.93%	-107.51%	63.56%
EBIT Q/Q Growth	-6.82%	26.71%	-40.01%	57.99%	15.16%	-53.79%	25.85%	12.67%	57.78%	-109.06%	63.03%
NOPAT Q/Q Growth	-7.39%	27.08%	-41.06%	57.61%	17.71%	-58.00%	24.94%	15.03%	56.91%	-106.49%	63.04%
Net Income Q/Q Growth	-6.33%	30.27%	-51.38%	65.18%	18.63%	-81.08%	30.02%	16.31%	68.63%	-183.09%	81.41%
EPS Q/Q Growth	-10.00%	36.36%	-57.14%	63.64%	25.00%	-100.00%	33.33%	25.00%	66.67%	-200.00%	66.67%
Operating Cash Flow Q/Q Growth	18.32%	8.77%	60.67%	-142.00%	190.63%	-96.87%	700.54%	-314.36%	249.99%	-86.83%	569.85%
Free Cash Flow Firm Q/Q Growth	-105.16%	-11.90%	43.23%	12.90%	131.03%	143.64%	-94.24%	319.43%	-63.26%	-424.53%	3.43%
Invested Capital Q/Q Growth	162.55%	15.65%	-44.40%	22.43%	-20.64%	-18.01%	-8.92%	18.30%	-3.94%	-0.83%	4.16%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.03%	81.23%	83.76%	83.04%	83.96%	82.56%	83.65%	84.85%	84.95%	82.09%	84.61%
EBITDA Margin	-86.98%	-66.61%	-77.69%	-32.46%	-26.72%	-49.79%	-30.74%	-25.26%	-10.54%	-24.64%	-7.43%
Operating Margin	-85.78%	-65.38%	-77.44%	-31.67%	-26.21%	-49.86%	-31.15%	-25.01%	-10.69%	-24.86%	-7.60%
EBIT Margin	-85.74%	-65.68%	-77.22%	-31.30%	-26.71%	-49.46%	-30.52%	-25.18%	-10.54%	-24.84%	-7.59%
Profit (Net Income) Margin	-72.95%	-53.18%	-67.59%	-22.71%	-18.59%	-40.52%	-23.60%	-18.66%	-5.80%	-18.51%	-2.85%
Tax Burden Percent	100.10%	100.71%	100.74%	101.14%	100.19%	100.65%	101.78%	101.03%	136.80%	101.21%	116.08%
Interest Burden Percent	85.00%	80.39%	86.89%	71.73%	69.45%	81.41%	75.97%	73.35%	40.24%	73.65%	32.29%
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)	-226.78%	-155.67%	-268.91%	-98.00%	-61.90%	-110.45%	-104.52%	-70.43%	-35.48%	-94.52%	-30.63%
ROIC Less NNEP Spread (ROIC-NNEP)	-225.42%	-154.88%	-267.15%	-97.92%	-61.86%	-109.70%	-104.23%	-70.22%	-35.78%	-94.33%	-31.13%
Return on Net Nonoperating Assets (RNNOA)	203.14%	137.14%	243.87%	87.69%	52.90%	92.09%	92.17%	60.24%	31.39%	83.33%	27.59%
Return on Equity (ROE)	-23.64%	-18.53%	-25.04%	-10.30%	-9.00%	-18.35%	-12.35%	-10.20%	-4.09%	-11.18%	-3.04%
Cash Return on Invested Capital (CROIC)	-312.58%	-314.40%	-330.66%	-273.73%	-76.50%	-24.40%	-82.45%	-55.58%	-76.34%	-89.02%	-82.99%
Operating Return on Assets (OROA)	-27.64%	-21.93%	-28.73%	-12.52%	-11.30%	-21.77%	-14.79%	-12.68%	-5.43%	-13.90%	-4.38%
Return on Assets (ROA)	-23.52%	-17.76%	-25.15%	-9.08%	-7.87%	-17.84%	-11.43%	-9.40%	-2.99%	-10.36%	-1.64%
Return on Common Equity (ROCE)	-23.64%	-18.53%	-25.04%	-10.30%	-9.00%	-18.35%	-12.35%	-10.20%	-4.09%	-11.18%	-3.04%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-26.28%	-31.69%	-27.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-33	-24	-34	-15	-12	-19	-14	-12	-5.20	-11	-3.97
NOPAT Margin	-60.04%	-45.77%	-54.21%	-22.17%	-18.35%	-34.90%	-21.80%	-17.50%	-7.48%	-17.40%	-5.32%
Net Nonoperating Expense Percent (NNEP)	-1.36%	-0.78%	-1.76%	-0.08%	-0.04%	-0.74%	-0.29%	-0.21%	0.30%	-0.19%	0.50%
Return On Investment Capital (ROIC_SIMPLE)	-5.39%	-	-	-	-2.46%	-4.06%	-3.10%	-2.65%	-1.14%	-2.54%	-0.92%
Cost of Revenue to Revenue	18.97%	18.77%	16.24%	16.96%	16.04%	17.44%	16.35%	15.15%	15.05%	17.92%	15.39%
SG&A Expenses to Revenue	37.18%	31.47%	63.97%	26.22%	27.18%	29.78%	24.23%	23.59%	20.45%	23.17%	19.73%
R&D to Revenue	72.45%	58.93%	49.14%	48.62%	51.54%	61.82%	53.19%	51.78%	45.22%	51.92%	44.24%
Operating Expenses to Revenue	166.81%	146.61%	161.20%	114.71%	110.17%	132.42%	114.80%	109.86%	95.63%	106.94%	92.21%
Earnings before Interest and Taxes (EBIT)	-48	-35	-49	-21	-17	-27	-20	-17	-7.33	-15	-5.66
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-48	-35	-49	-21	-17	-27	-20	-17	-7.32	-15	-5.54
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.30	1.60	2.30	2.07	2.00	1.36	1.48	1.88	1.91	1.35	2.11
Price to Tangible Book Value (P/TBV)	1.31	1.61	2.31	2.07	2.00	1.36	1.48	1.89	1.91	1.36	2.11
Price to Revenue (P/Rev)	3.33	3.91	4.76	3.97	3.66	2.38	2.54	3.19	3.20	2.05	3.15
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)	2.93	3.99	11.13	7.57	8.70	4.22	5.68	8.31	8.86	3.86	9.84
Enterprise Value to Revenue (EV/Rev)	1.18	1.96	2.95	2.36	2.07	0.82	1.00	1.70	1.72	0.72	1.85
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	0.00	118.84	49.30	68.31	25.96	39.71
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	0.11	0.12	0.09	0.09	0.07	0.07	0.06	0.06	0.05	0.05	0.05
Long-Term Debt to Equity	0.11	0.11	0.08	0.08	0.07	0.07	0.06	0.06	0.05	0.05	0.05
Financial Leverage	-0.90	-0.89	-0.91	-0.90	-0.86	-0.84	-0.88	-0.86	-0.88	-0.88	-0.89
Leverage Ratio	1.16	1.17	1.16	1.15	1.15	1.15	1.14	1.14	1.13	1.13	1.13
Compound Leverage Factor	0.98	0.94	1.01	0.83	0.80	0.94	0.87	0.83	0.46	0.83	0.37
Debt to Total Capital	9.76%	10.74%	8.65%	8.57%	6.64%	6.44%	6.06%	5.61%	5.14%	5.00%	4.39%
Short-Term Debt to Total Capital	0.00%	1.05%	1.56%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	9.76%	9.68%	7.09%	6.91%	6.64%	6.44%	6.06%	5.61%	5.14%	5.00%	4.39%
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	90.24%	89.27%	91.35%	91.43%	93.36%	93.56%	93.94%	94.39%	94.86%	95.00%	95.61%
Debt to EBITDA	-0.34	-0.38	-0.25	-0.28	-0.26	-0.26	-0.32	-0.31	-0.33	-0.35	-0.41
Net Debt to EBITDA	2.68	2.52	2.31	2.48	3.20	3.38	4.50	4.62	5.32	5.87	7.90
Long-Term Debt to EBITDA	-0.34	-0.34	-0.21	-0.22	-0.26	-0.26	-0.32	-0.31	-0.33	-0.35	-0.41
Debt to NOPAT	-0.50	-0.55	-0.36	-0.40	-0.38	-0.38	-0.46	-0.45	-0.46	-0.50	-0.59
Net Debt to NOPAT	3.90	3.67	3.35	3.59	4.64	4.86	6.47	6.61	7.57	8.35	11.24
Long-Term Debt to NOPAT	-0.50	-0.50	-0.30	-0.32	-0.38	-0.38	-0.46	-0.45	-0.46	-0.50	-0.59
Altman Z-Score	3.98	5.05	8.31	8.22	8.03	4.86	5.08	7.00	7.76	5.00	8.89
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	16.01	16.52	15.07	17.53	16.70	15.79	13.66	13.42	14.03	14.01	13.27
Quick Ratio	15.74	16.02	14.81	16.98	16.40	15.36	13.42	13.06	13.75	13.67	12.96
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-93	-111	-63	-55	17	42	2.40	10	3.70	-12	-12
Operating Cash Flow to CapEx	0.00%	-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%
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	0.32	0.33	0.37	0.40	0.42	0.44	0.48	0.50	0.51	0.56	0.58
Accounts Receivable Turnover	7.80	8.20	8.08	7.99	8.62	10.43	9.07	8.10	7.86	9.78	8.45
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	21.94	24.56	33.73	38.81	45.67	52.60	86.39	99.68	117.46	142.05	157.14
Accounts Payable Turnover	12.94	11.59	9.48	23.65	39.04	26.20	11.87	17.90	29.84	49.78	13.39
Days Sales Outstanding (DSO)	46.82	44.54	45.20	45.70	42.37	34.99	40.25	45.08	46.44	37.32	43.22
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)	28.20	31.48	38.51	15.44	9.35	13.93	30.75	20.39	12.23	7.33	27.26
Cash Conversion Cycle (CCC)	18.62	13.06	6.69	30.27	33.02	21.06	9.49	24.69	34.21	29.99	15.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	88	109	60	74	59	48	44	52	50	49	52
Invested Capital Turnover	3.78	3.40	4.96	4.42	3.37	3.16	4.79	4.02	4.74	5.43	5.76
Increase / (Decrease) in Invested Capital	60	87	29	41	-29	-61	-17	-22	-8.90	1.27	7.63
Enterprise Value (EV)	257	434	673	560	511	203	249	432	442	191	507
Market Capitalization	728	867	1,085	942	906	591	635	809	823	543	866
Book Value per Share	$1.45	$1.38	$1.21	$1.20	$1.19	$1.13	$1.12	$1.11	$1.10	$1.04	$1.08
Tangible Book Value per Share	$1.44	$1.38	$1.21	$1.20	$1.18	$1.13	$1.12	$1.11	$1.10	$1.03	$1.07
Total Capital	619	607	517	499	486	466	457	455	455	423	429
Total Debt	60	65	45	43	32	30	28	26	23	21	19
Total Long-Term Debt	60	59	37	34	32	30	28	26	23	21	19
Net Debt	-471	-433	-412	-382	-395	-388	-386	-378	-381	-352	-359
Capital Expenditures (CapEx)	-0.00	0.02	0.10	0.19	0.09	0.03	0.31	0.17	0.08	0.07	0.17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.43	16	12	26	12	5.29	2.05	12	12	13	16
Debt-free Net Working Capital (DFNWC)	532	514	469	451	439	423	415	415	416	386	394
Net Working Capital (NWC)	532	508	460	442	439	423	415	415	416	386	394
Net Nonoperating Expense (NNE)	7.17	3.94	8.47	0.35	0.16	3.04	1.17	0.80	-1.16	0.69	-1.84
Net Nonoperating Obligations (NNO)	-471	-433	-412	-382	-395	-388	-386	-378	-381	-352	-359
Total Depreciation and Amortization (D&A)	-0.69	-0.49	-0.30	-0.76	-0.01	-0.18	-0.14	-0.06	0.00	0.12	0.13
Debt-free, Cash-free Net Working Capital to Revenue	0.20%	7.27%	5.25%	10.84%	4.76%	2.13%	0.82%	4.59%	4.47%	4.93%	5.69%
Debt-free Net Working Capital to Revenue	243.48%	231.83%	205.41%	189.60%	177.43%	170.43%	166.09%	163.76%	161.57%	145.67%	143.33%
Net Working Capital to Revenue	243.48%	228.94%	201.88%	186.12%	177.43%	170.43%	166.09%	163.76%	161.57%	145.67%	143.33%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.11)	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)
Adjusted Weighted Average Basic Shares Outstanding	379.25M	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M
Adjusted Diluted Earnings per Share	($0.11)	($0.07)	($0.11)	($0.04)	($0.03)	($0.06)	($0.04)	($0.03)	($0.01)	($0.03)	($0.01)
Adjusted Weighted Average Diluted Shares Outstanding	379.25M	392.22M	388.09M	378.44M	385.11M	384.34M	382.71M	387.30M	386.33M	386.82M	381.06M
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	393.63M	390.28M	379.91M	382.14M	386.30M	382.59M	387.26M	392.11M	387.73M	381.39M	386.85M
Normalized Net Operating Profit after Tax (NOPAT)	-33	-24	-34	-15	-12	-19	-14	-12	-5.20	-11	-3.97
Normalized NOPAT Margin	-60.04%	-45.77%	-54.21%	-22.17%	-18.35%	-34.90%	-21.80%	-17.50%	-7.48%	-17.40%	-5.32%
Pre Tax Income Margin	-72.88%	-52.80%	-67.09%	-22.45%	-18.55%	-40.26%	-23.19%	-18.47%	-4.24%	-18.29%	-2.45%
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	0.00%	-6.85%	-35.73%	-57.96%	-77.02%	-81.64%	-56.85%	-26.90%	-34.85%	-87.98%	-108.52%

Financials Breakdown Chart

Key Financial Trends

Nextdoor’s Q2 2026 results show meaningful improvement in revenue growth and operating efficiency, although the company remains unprofitable. Revenue increased to $74.6 million from $65.1 million in Q2 2025, a 14% year-over-year gain and the highest quarterly revenue in the periods provided. Gross profit rose to $63.1 million, while gross margin improved to approximately 84.6% from 83.7%.

Profitability trends also improved substantially. The operating loss narrowed to $5.7 million from $20.3 million a year earlier, as total operating expenses fell to $68.7 million from $74.7 million. Net loss improved to $2.1 million, or $0.01 per share, compared with a $15.4 million loss, or $0.04 per share, in Q2 2025. However, Nextdoor has reported a net loss in every quarter shown, and its retained-earnings deficit reached $931.8 million.

Cash flow was stronger in the latest quarter, with $8.4 million of operating cash flow and an $8.0 million increase in cash. Still, much of the operating cash flow came from $15.1 million of non-cash adjustments, while changes in operating assets and liabilities reduced cash flow by $4.7 million. Nextdoor ended Q2 with $63.6 million in cash and $314.4 million in short-term investments, providing substantial liquidity but less than the $480.6 million combined balance reported in Q3 2022.

Revenue momentum improved: Q2 2026 revenue rose 14% year over year to $74.6 million and increased from $61.7 million in Q1 2026.
Operating losses narrowed sharply: The operating loss improved to $5.7 million in Q2 2026 from $15.3 million in Q1 and $20.3 million in Q2 2025.
Expense discipline is becoming visible: Total operating expenses declined approximately 8% year over year despite higher revenue, with selling, general and administrative expense, marketing expense and research and development expense all below Q2 2024 levels.
Gross margins remain strong: Gross profit reached $63.1 million in Q2 2026, representing a margin of roughly 84.6%, up from approximately 83.7% in Q2 2025.
Operating cash flow turned consistently positive: Nextdoor generated $9.5 million in Q4 2025, $1.2 million in Q1 2026 and $8.4 million in Q2 2026, a notable improvement from the operating cash losses recorded through much of 2023 and 2024.
Liquidity remains substantial: Cash and short-term investments totaled approximately $378.0 million at the end of Q2 2026, compared with just $51.2 million of total liabilities.
Share repurchases reduced the share count: Nextdoor repurchased $28.7 million of stock in Q1 2026, and Q2’s weighted-average basic share count fell to 381.1 million from 386.8 million in Q1.
Investment income continues to support results: Interest and investment income contributed $3.8 million in Q2 2026, but this was below the $4.8 million reported in Q2 2024, making the benefit sensitive to cash balances and interest rates.
The company is still not profitable: Net losses have persisted across the periods provided, and Q2 2026’s $2.1 million loss was supported by $3.8 million of interest and investment income.
Cash-flow quality requires monitoring: Q2 operating cash flow depended heavily on non-cash adjustments, while working-capital changes consumed $4.7 million. Continued positive cash flow from core operations has not yet been firmly established.

08/15/26 05:42 AM 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 a downward trend, with a most recent value of -$54.20 million in 2025, falling from -$75.23 million in 2020. The previous period was -$98.06 million in 2024. See where experts think Nextdoor is headed by visiting Nextdoor's forecast page.

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%.

Nextdoor's total liabilities were at $55.52 million at the end of 2025, a 8.2% decrease from 2024, and a 18.9% decrease since 2020.

In the past 5 years, Nextdoor's cash and equivalents has ranged from $45.55 million in 2024 to $521.81 million in 2021, and is currently $63.34 million as of their latest financial filing in 2025.

Over the last 5 years, Nextdoor's book value per share changed from -3.30 in 2020 to 1.10 in 2025, a change of -133.3%.

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Financial statements for NYSE:NXDR last updated on 8/4/2026 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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