secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001846069-25-000101
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 2.05, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nextdoor Q2 revenue $65M (+3% YoY), net loss narrows; restructuring cuts $30M costs; CFO resigns
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000184606925000101/0001846069-25-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000184606925000101/kind-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001846069-25-000101

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