Nextdoor Holdings, Inc. reported first quarter ended March 31, 2026 results: revenue $62 million, net income $11 million.
“Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today announced results for the first quarter ended March 31, 2026. Nextdoor's highlighted metrics for the first quarter ended March 31, 2026 include: • Revenue of $62 million increased 14% year-over-year. • Total Platform Weekly Active Users (Platform WAU) of 22.3 million increased 1% year-over-year. • Net loss was $11 million, compared to $22 million in the year-ago period.”
Restructurings & Charges
Nextdoor Holdings, Inc. announced a restructuring with charges of approximately $5 million.
“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.”
Elisa Steele was appointed as Class I Director at Nextdoor Holdings, Inc..
“On July 3, 2024, the Board of Directors (the “Board”) of Nextdoor Holdings, Inc. (the “Company”), following a recommendation from the Nominating, Corporate Governance and Corporate Responsibility Committee of the Board (the “Governance Committee”), appointed Elisa Steele to serve as a Class I director of the Company and as a member of the Governance Committee, effective July 3, 2024.”
Earnings Releases
Nextdoor Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $53M.
“Q1 revenue of $53M was +7% year-over-year, an acceleration driven by strong revenue retention from self-serve advertisers, partially offset by stable but still-tempered enterprise advertiser growth.”
Niraj Shah was appointed as Director at Nextdoor Holdings, Inc..
“appointed each of Robert Hohman, Marissa Mayer, and Niraj Shah to serve as a director of the Company, effective May 1, 2024.”
Marissa Mayer was appointed as Director at Nextdoor Holdings, Inc..
“appointed each of Robert Hohman, Marissa Mayer, and Niraj Shah to serve as a director of the Company, effective May 1, 2024.”
Robert Hohman was appointed as Director at Nextdoor Holdings, Inc..
“appointed each of Robert Hohman, Marissa Mayer, and Niraj Shah to serve as a director of the Company, effective May 1, 2024.”
Earnings Releases
Nextdoor Holdings, Inc. updated its first quarter ended March 31, 2024 guidance (raised).
“The Company preliminarily expects that its revenue will exceed, and its adjusted EBITDA loss will be narrower than, the previously reported guidance.”
John Orta resigned as Head of Legal & Corporate Development and Secretary at Nextdoor Holdings, Inc..
“Heidi Andersen, the Company’s Head of Revenue, and John Orta, the Company’s Head of Legal & Corporate Development and Secretary, will each resign from their positions, effective on May 8, 2024”
Heidi Andersen resigned as Head of Revenue at Nextdoor Holdings, Inc..
“Heidi Andersen, the Company’s Head of Revenue, and John Orta, the Company’s Head of Legal & Corporate Development and Secretary, will each resign from their positions, effective on May 8, 2024”
Mary Meeker departed as member of the Board of Directors at Nextdoor Holdings, Inc..
“On April 4, 2024, Mary Meeker informed Nextdoor Holdings, Inc. (the “Company”) that she will not stand for re-election as a member of the Company’s Board of Directors upon the expiration of her term at the conclusion of the Company’s upcoming 2024 Annual Meeting of Stockholders.”
John Hope Bryant resigned as Director at Nextdoor Holdings, Inc..
“In addition, on March 29, 2024, John Hope Bryant informed the Company that he has elected to resign from his position as a member of the Board, effective immediately.”
Sarah Friar resigned as Chairperson and Director at Nextdoor Holdings, Inc..
“On March 28, 2024, Sarah Friar informed Nextdoor Holdings, Inc. (the “Company”) that she has elected to resign from her position as chairperson and as a member of the Company’s Board of Directors (the “Board”), effective March 29, 2024.”
Nirav Tolia was appointed as Chief Executive Officer, President, and Chairperson of the Board at Nextdoor Holdings, Inc..
“the Board appointed Nirav Tolia as the Company’s Chief Executive Officer, President, and Chairperson of the Board, effective as of the Transition Date”
Sarah Friar departed as Chief Executive Officer, President, and Chairperson of the Board at Nextdoor Holdings, Inc..
“Sarah Friar will resign from her position as the Chief Executive Officer, and President and Chairperson of the Board”
Earnings Releases
Nextdoor Holdings, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $56 million.
“preliminary unaudited fourth quarter 2023 financial results and supplemental details: • WAU of 41.8M, an increase of 5% year-over-year and 3% quarter-over-quarter; • Revenue of $56 million, exceeding its previously provided guidance range of $50 million to $52 million; and • Cash, cash equivalents, and marketable securities of $531 million as of December 31, 2023.”
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