secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001846069-25-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nextdoor reports Q4 revenue +17% YoY, first positive adjusted EBITDA as public co.; guides Q1 rev ~$53M
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- Q4 revenue $65.2M (+17% YoY); Q4 WAU 45.9M (+10% YoY); GAAP net loss $12.1M vs $40.5M loss a year ago.
- Q4 adjusted EBITDA positive $3.0M (5% margin) vs $14.0M loss a year ago; operating cash flow $11M.
- Full-year 2024 revenue $247.3M (+13% YoY); net loss $98.1M vs $147.8M loss; Adj EBITDA loss $18.2M vs $74.1M loss.
- Guides Q1 2025 revenue ~$53M; Adj EBITDA loss ~$13M; expects H1 2025 YoY revenue growth ~flat.
- Ended 2024 with $427M cash, zero debt; repurchased 31M shares at avg $2.44 in 2024; $97M remaining buyback auth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000184606925000015/0001846069-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000184606925000015/kind-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001846069-25-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer