Nextdoor Holdings Inc Financials
This page shows Nextdoor Holdings Inc (NXDR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A high-gross-margin revenue base is supporting a research-heavy business that has finally edged into positive cash generation.
From FY2023 to FY2025, free cash flow moved from-$59.5M to$5.9M . Because gross margin stayed above80.0% while operating margin improved by roughly51.3% points, the turnaround was mostly about cost absorption and spending discipline rather than a reinvention of the underlying revenue economics.
FY2025 shows a conservative balance-sheet posture: total liabilities were only
This remains a research-heavy operating model, with R&D at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Nextdoor Holdings Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Nextdoor Holdings Inc has an operating margin of -27.9%, meaning the company retains $-28 of operating profit per $100 of revenue. This below-average margin results in a low score of 28/100, suggesting thin profitability after operating expenses. This is up from -49.2% the prior year.
Nextdoor Holdings Inc's revenue grew a modest 4.2% year-over-year to $257.6M. This slow but positive growth earns a score of 62/100.
Nextdoor Holdings Inc carries a low D/E ratio of 0.13, meaning only $0.13 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 14.03, Nextdoor Holdings Inc holds $14.03 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 98/100.
Nextdoor Holdings Inc's free cash flow margin of 2.3% results in a low score of 18/100. Capital expenditures of $580K absorb a large share of operating cash flow.
Nextdoor Holdings Inc's ROE of -12.6% shows moderate profitability relative to equity, earning a score of 31/100. This is up from -21.6% the prior year.
Nextdoor Holdings Inc scores 7.82, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($869.6M) relative to total liabilities ($55.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Nextdoor Holdings Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Nextdoor Holdings Inc generates $-0.12 in operating cash flow ($6.5M OCF vs -$54.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Nextdoor Holdings Inc generated $257.6M in revenue in fiscal year 2025. This represents an increase of 4.2% from the prior year.
Nextdoor Holdings Inc's EBITDA was -$70.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 40.5% from the prior year.
Nextdoor Holdings Inc reported -$54.2M in net income in fiscal year 2025. This represents an increase of 44.7% from the prior year.
Nextdoor Holdings Inc earned $-0.14 per diluted share (EPS) in fiscal year 2025. This represents an increase of 44.0% from the prior year.
Cash & Balance Sheet
Nextdoor Holdings Inc generated $5.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 128.6% from the prior year.
Nextdoor Holdings Inc held $63.3M in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Nextdoor Holdings Inc's gross margin was 84.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.0 percentage points from the prior year.
Nextdoor Holdings Inc's operating margin was -27.9% in fiscal year 2025, reflecting core business profitability. This is up 21.3 percentage points from the prior year.
Nextdoor Holdings Inc's net profit margin was -21.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 18.6 percentage points from the prior year.
Nextdoor Holdings Inc's ROE was -12.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.0 percentage points from the prior year.
Capital Allocation
Nextdoor Holdings Inc invested $135.2M in research and development in fiscal year 2025. This represents an increase of 5.7% from the prior year.
Nextdoor Holdings Inc spent $18.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 75.0% from the prior year.
Nextdoor Holdings Inc invested $580K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 43.6% from the prior year.
NXDR Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $61.7M-11.2% | $69.5M+0.8% | $68.9M+5.8% | $65.1M+20.2% | $54.2M-16.9% | $65.2M-0.6% | $65.6M+3.7% | $63.3M |
| Cost of Revenue | $11.0M+5.6% | $10.5M+0.2% | $10.4M-1.9% | $10.6M+12.7% | $9.4M-9.7% | $10.5M-6.0% | $11.1M+8.3% | $10.3M |
| Gross Profit | $50.6M-14.2% | $59.0M+1.0% | $58.5M+7.4% | $54.5M+21.7% | $44.7M-18.3% | $54.8M+0.5% | $54.5M+2.8% | $53.0M |
| R&D Expenses | $32.0M+1.9% | $31.4M-11.9% | $35.7M+3.0% | $34.6M+3.4% | $33.5M-0.4% | $33.6M+5.4% | $31.9M+2.6% | $31.1M |
| SG&A Expenses | $14.3M+0.5% | $14.2M-12.5% | $16.3M+3.0% | $15.8M-2.3% | $16.1M-9.0% | $17.7M+3.1% | $17.2M-57.5% | $40.5M |
| Operating Income | -$15.3M-106.5% | -$7.4M+56.9% | -$17.2M+15.0% | -$20.3M+24.9% | -$27.0M-58.0% | -$17.1M+17.7% | -$20.8M+57.6% | -$49.0M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $137K-87.4% | $1.1M+728.2% | $131K-51.1% | $268K+90.1% | $141K+513.0% | $23K-86.3% | $168K-46.8% | $316K |
| Net Income | -$11.4M-183.1% | -$4.0M+68.6% | -$12.9M+16.3% | -$15.4M+30.0% | -$22.0M-81.1% | -$12.1M+18.6% | -$14.9M+65.2% | -$42.8M |
| EPS (Diluted) | $-0.03 | N/A | $-0.03+25.0% | $-0.04+33.3% | $-0.06 | N/A | $-0.04+63.6% | $-0.11 |
NXDR Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $452.5M-7.0% | $486.8M-0.4% | $488.9M-0.3% | $490.4M-0.9% | $495.0M-3.7% | $514.0M-0.7% | $517.7M-4.5% | $542.1M |
| Current Assets | $415.9M-7.2% | $448.2M0.0% | $448.4M0.0% | $448.2M-0.8% | $451.8M-3.2% | $466.7M-0.5% | $469.0M-4.9% | $493.2M |
| Cash & Equivalents | $56.1M-11.4% | $63.3M+12.9% | $56.1M-9.6% | $62.0M+8.2% | $57.3M+25.9% | $45.5M-8.4% | $49.7M-6.2% | $53.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $32.7M-5.0% | $34.4M+4.0% | $33.1M+22.3% | $27.1M+25.5% | $21.6M-30.9% | $31.2M+5.6% | $29.5M+5.0% | $28.1M |
| Goodwill | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M |
| Total Liabilities | $51.0M-8.1% | $55.5M-6.3% | $59.3M-2.6% | $60.8M+3.3% | $58.9M-2.6% | $60.5M-1.9% | $61.6M-11.7% | $69.8M |
| Current Liabilities | $29.7M-7.1% | $31.9M-4.4% | $33.4M+1.8% | $32.8M+14.7% | $28.6M+2.4% | $27.9M+4.4% | $26.8M-18.2% | $32.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $401.5M-6.9% | $431.3M+0.4% | $429.7M0.0% | $429.5M-1.5% | $436.1M-3.8% | $453.5M-0.6% | $456.0M-3.4% | $472.3M |
| Retained Earnings | -$929.7M-1.2% | -$918.3M-0.4% | -$914.3M-1.4% | -$901.4M-1.7% | -$886.0M-2.5% | -$864.1M-1.4% | -$852.0M-1.8% | -$837.1M |
NXDR Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.2M-86.8% | $9.5M+250.0% | -$6.3M-314.4% | $2.9M+700.5% | $368K-96.9% | $11.8M+190.6% | -$13.0M-142.0% | -$5.4M |
| Capital Expenditures | $70K-10.3% | $78K-52.7% | $165K-46.6% | $309K+1003.6% | $28K-68.5% | $89K-54.1% | $194K+92.1% | $101K |
| Free Cash Flow | $1.2M-87.5% | $9.4M+245.0% | -$6.5M-345.7% | $2.6M+675.6% | $340K-97.1% | $11.7M+188.6% | -$13.2M-141.1% | -$5.5M |
| Investing Cash Flow | $22.7M+244.2% | $6.6M+52.8% | $4.3M-57.2% | $10.1M-53.1% | $21.6M+408.6% | -$7.0M-121.8% | $32.0M+25.5% | $25.5M |
| Financing Cash Flow | -$31.9M-261.7% | -$8.8M-124.6% | -$3.9M+53.1% | -$8.4M+34.7% | -$12.8M-43.3% | -$9.0M+59.9% | -$22.3M+39.4% | -$36.9M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $28.7M+556.9% | $4.4M | $0-100.0% | $5.4M-40.9% | $9.1M+309.4% | $2.2M-88.7% | $19.8M-54.7% | $43.7M |
NXDR Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 82.1%-2.9pp | 85.0%+0.1pp | 84.9%+1.2pp | 83.7%+1.1pp | 82.6%-1.4pp | 84.0%+0.9pp | 83.0%-0.7pp | 83.8% |
| Operating Margin | -24.9%-14.2pp | -10.7%+14.3pp | -25.0%+6.1pp | -31.1%+18.7pp | -49.9%-23.6pp | -26.2%+5.5pp | -31.7%+45.8pp | -77.4% |
| Net Margin | -18.5%-12.7pp | -5.8%+12.9pp | -18.7%+4.9pp | -23.6%+16.9pp | -40.5%-21.9pp | -18.6%+4.1pp | -22.7%+44.9pp | -67.6% |
| Return on Equity | -2.8%-1.9pp | -0.9%+2.1pp | -3.0%+0.6pp | -3.6%+1.4pp | -5.0%-2.4pp | -2.7%+0.6pp | -3.3%+5.8pp | -9.1% |
| Return on Assets | -2.5%-1.7pp | -0.8%+1.8pp | -2.6%+0.5pp | -3.1%+1.3pp | -4.4%-2.1pp | -2.4%+0.5pp | -2.9%+5.0pp | -7.9% |
| Current Ratio | 14.01-0.0 | 14.03+0.6 | 13.42-0.2 | 13.66-2.1 | 15.79-0.9 | 16.70-0.8 | 17.53+2.5 | 15.07 |
| Debt-to-Equity | 0.130.0 | 0.130.0 | 0.140.0 | 0.140.0 | 0.140.0 | 0.130.0 | 0.14-0.0 | 0.15 |
| FCF Margin | 1.9%-11.6pp | 13.5%+22.9pp | -9.4%-13.5pp | 4.0%+3.4pp | 0.6%-17.3pp | 17.9%+38.0pp | -20.1%-11.4pp | -8.6% |
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Frequently Asked Questions
What is Nextdoor Holdings Inc's annual revenue?
Nextdoor Holdings Inc (NXDR) reported $257.6M in total revenue for fiscal year 2025. This represents a 4.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Nextdoor Holdings Inc's revenue growing?
Nextdoor Holdings Inc (NXDR) revenue grew by 4.2% year-over-year, from $247.3M to $257.6M in fiscal year 2025.
Is Nextdoor Holdings Inc profitable?
No, Nextdoor Holdings Inc (NXDR) reported a net income of -$54.2M in fiscal year 2025, with a net profit margin of -21.0%.
What is Nextdoor Holdings Inc's EBITDA?
Nextdoor Holdings Inc (NXDR) had EBITDA of -$70.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Nextdoor Holdings Inc's gross margin?
Nextdoor Holdings Inc (NXDR) had a gross margin of 84.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nextdoor Holdings Inc's operating margin?
Nextdoor Holdings Inc (NXDR) had an operating margin of -27.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Nextdoor Holdings Inc's net profit margin?
Nextdoor Holdings Inc (NXDR) had a net profit margin of -21.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Nextdoor Holdings Inc's return on equity (ROE)?
Nextdoor Holdings Inc (NXDR) has a return on equity of -12.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nextdoor Holdings Inc's free cash flow?
Nextdoor Holdings Inc (NXDR) generated $5.9M in free cash flow during fiscal year 2025. This represents a 128.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nextdoor Holdings Inc's operating cash flow?
Nextdoor Holdings Inc (NXDR) generated $6.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Nextdoor Holdings Inc's total assets?
Nextdoor Holdings Inc (NXDR) had $486.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Nextdoor Holdings Inc's capital expenditures?
Nextdoor Holdings Inc (NXDR) invested $580K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Nextdoor Holdings Inc spend on research and development?
Nextdoor Holdings Inc (NXDR) invested $135.2M in research and development during fiscal year 2025.
What is Nextdoor Holdings Inc's current ratio?
Nextdoor Holdings Inc (NXDR) had a current ratio of 14.03 as of fiscal year 2025, which is generally considered healthy.
What is Nextdoor Holdings Inc's debt-to-equity ratio?
Nextdoor Holdings Inc (NXDR) had a debt-to-equity ratio of 0.13 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nextdoor Holdings Inc's return on assets (ROA)?
Nextdoor Holdings Inc (NXDR) had a return on assets of -11.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nextdoor Holdings Inc's Altman Z-Score?
Nextdoor Holdings Inc (NXDR) has an Altman Z-Score of 7.82, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Nextdoor Holdings Inc's Piotroski F-Score?
Nextdoor Holdings Inc (NXDR) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nextdoor Holdings Inc's earnings high quality?
Nextdoor Holdings Inc (NXDR) has an earnings quality ratio of -0.12x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Nextdoor Holdings Inc?
Nextdoor Holdings Inc (NXDR) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.