Nextdoor Holdings, Inc. (NXDR): restructuring charge — Nextdoor Q2 revenue $65M (+3% YoY), net loss narrows; restructuring cuts $30M costs; CFO resigns

Nextdoor Holdings, Inc.

2025-Q2 EPS reported -$0.10 revenue$119,269,000

Q2 revenue $65M, +3% YoY. Net loss $15M vs $43M loss prior year. Adjusted EBITDA loss $2M vs $6M.
Restructuring plan reduces workforce, targets $30M annualized opex savings. Expects quarterly adj. EBITDA breakeven Q4 2025, full-year FY2026.
CFO Matt Anderson resigns effective Sept 1; CEO Nirav Tolia interim principal financial officer; Antoinette How named Chief Accounting Officer.
Craig Lisowski appointed President of Products to lead product organization.

item 2.02 item 2.05 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Nextdoor Holdings, Inc. announced a restructuring with charges of approximately $5 million.

Type: restructuring
Charge: approximately $5 million

Exact text from the filing

On August 7, 2025, the Company announced a cost reduction plan to accelerate the Company’s focus and efficiency (the “Cost Reduction Plan”). The Company currently estimates that it will incur one-time charges of approximately $5 million in connection with the Cost Reduction Plan, consisting primarily of cash expenditures for notice period and severance payments, employee benefits, and related costs.

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Nextdoor Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001846069-25-000101

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