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.

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