{"schema_version":"secwatch.filing_event.v1","accession":"0001846069-23-000121","form_type":"8-K","ticker":"NXDR","cik":"0001846069","company_name":"Nextdoor Holdings, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.005412+00:00","generated_at":"2026-06-08T17:22:35.828421+00:00","sec_items":["2.02","2.05","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nextdoor Q3 rev $56M (+4% YoY), cuts 25% workforce, CFO resigns","bullets":["Q3 revenue $56M (+4% YoY); WAU 40.4M (+6% YoY, -3% QoQ); ARPU $1.39 (-2% YoY).","Adj. EBITDA ($20M); Q4 rev guidance $50-52M; FY23 rev flat at $213-215M.","Cost reduction plan: ~25% workforce reduction, ~$12M one-time charges, majority in Q4 2023.","CFO Michael Doyle resigns effective Nov 7; Matt Anderson appointed as new CFO."],"urls":{"canonical":"https://secwatch.observer/filing/0001846069-23-000121","json":"https://secwatch.observer/filing/0001846069-23-000121.json","markdown":"https://secwatch.observer/filing/0001846069-23-000121.md","text":"https://secwatch.observer/filing/0001846069-23-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846069/000184606923000121/0001846069-23-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846069/000184606923000121/kind-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:22:35.828421+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"226c3b77ff8a2d63f335a9a06dbaafcf971572ce","claim":"Nextdoor Holdings, Inc. reported financial results for the third quarter ended September 30, 2023.","evidence_excerpt":"On November 7, 2023, Nextdoor Holdings, Inc. (the “Company”) issued a letter to shareholders and press release (together, the “Letter and Press Release”) announcing its financial results for the third quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846069/000184606923000121/0001846069-23-000121-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4fcda109e3","claim":"Matt Anderson was appointed as Chief Financial Officer at Nextdoor Holdings, Inc..","evidence_excerpt":"the Board of Directors (the \"Board\") of the Company appointed Matt Anderson as the Company's Chief Financial Officer and principal financial officer, effective as of November 7, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846069/000184606923000121/0001846069-23-000121-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"56fce95e24","claim":"Michael Doyle departed as Chief Financial Officer at Nextdoor Holdings, Inc..","evidence_excerpt":"Michael Doyle will resign from his position as the Chief Financial Officer of the Company, effective on November 7, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846069/000184606923000121/0001846069-23-000121-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigns"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"e9a10208c2b75313d52613ffc21dd22169241ea5","claim":"Nextdoor Holdings, Inc. announced a restructuring with charges of approximately $12 million (approximately 25% of the Company’s full-time employees).","evidence_excerpt":"The Company currently estimates that it will incur one-time charges of approximately $12 million in connection with the Cost Reduction Plan, consisting primarily of cash expenditures for notice period and severance payments, employee benefits, and related costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846069/000184606923000121/0001846069-23-000121-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $12 million"},{"label":"Headcount","value":"approximately 25% of the Company’s full-time employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}