---
schema_version: "secwatch.filing_event.v1"
accession: "0001846069-24-000125"
form_type: "8-K"
ticker: "NXDR"
cik: "0001846069"
company_name: "Nextdoor Holdings, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T20:05:49.645043+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nextdoor Q1 rev $53M (+7% YoY); raises adj EBITDA guidance; adds Mayer, Hohman, Shah to board

## Summary
- Q1 revenue $53M (+7% YoY); net loss $28M vs $34M YoY; adjusted EBITDA loss $14M (margin -26%, +17pp).
- WAU 43.4M (+2% YoY, +4% QoQ); session depth +36% YoY; ARPU $1.22 (+4% YoY).
- Raised FY2024 adj EBITDA margin improvement to ~15pp from ~10pp; now expects positive FCF in Q4'24 (vs Q4'25).
- Board appointed Robert Hohman (Class II), Marissa Mayer and Niraj Shah (Class III) effective May 1, 2024.
- Repurchased 4.4M shares at avg $2.19 in Q1; $163M remaining under buyback authorization.

## SEC filing metadata
- accession: 0001846069-24-000125
- form_type: 8-K
- ticker: NXDR
- cik: 0001846069
- company_name: Nextdoor Holdings, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000125/0001846069-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000125/kind-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001846069-24-000125
- JSON: https://secwatch.observer/filing/0001846069-24-000125.json
- Plain text: https://secwatch.observer/filing/0001846069-24-000125.txt

## Key facts
- Earnings Releases
  Nextdoor Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $53M.
  - Period: first quarter ended March 31, 2024
  - Revenue: $53M
  - Result: reported results
  source text: Q1 revenue of $53M was +7% year-over-year, an acceleration driven by strong revenue retention from self-serve advertisers, partially offset by stable but still-tempered enterprise advertiser growth.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000125/0001846069-24-000125-index.htm
- Executive change
  Niraj Shah was appointed as Director at Nextdoor Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed each of Robert Hohman, Marissa Mayer, and Niraj Shah to serve as a director of the Company, effective May 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000125/0001846069-24-000125-index.htm
- Executive change
  Robert Hohman was appointed as Director at Nextdoor Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed each of Robert Hohman, Marissa Mayer, and Niraj Shah to serve as a director of the Company, effective May 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000125/0001846069-24-000125-index.htm
- Executive change
  Marissa Mayer was appointed as Director at Nextdoor Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed each of Robert Hohman, Marissa Mayer, and Niraj Shah to serve as a director of the Company, effective May 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000125/0001846069-24-000125-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.