secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001846069-25-000060
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nextdoor Q1 revenue $54M, net loss narrows; new user experience by July 2025
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- Q1 revenue $54M (+2% YoY); WAU 46.1M (+6% YoY).
- GAAP net loss $22M vs. $28M year ago; adjusted EBITDA loss $9M vs. $14M.
- Cash and marketable securities $418M as of March 31, 2025.
- CEO expects completely new user experience to launch by late July 2025.
- Net loss margin improved to -41% from -53%; adjusted EBITDA margin -17% vs. -26%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000184606925000060/0001846069-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000184606925000060/kind-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001846069-25-000060

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