Nextdoor Reports Q1 Revenue of $61.7M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2026
0mins
Reports Q1 revenue $61.7M, consensus $58.2M. "As AI scales and synthetic content floods the internet, verified human connection becomes the scarce resource. Fifteen years of building a trusted local graph consisting of over 110 million real neighbors is not something that can be replicated or replaced," said Nextdoor CEO and Co-Founder Nirav Tolia. "We believe that the platforms that win will not be the ones with the most compute - they will be the ones with the strongest human signal. We believe that we are uniquely positioned to deliver that signal at scale." "Q1 was a standout quarter, with Platform WAU at an all-time high, 14% year-over-year revenue growth, and significant improvements on our path to profitability," said Nextdoor CFO Indrajit Ponnambalam. "Revenue of $62 million represented a significant acceleration in year-over-year growth from Q4 2025 levels, while Adjusted EBITDA improved $9 million year-over-year to nearly breakeven in our seasonally softest quarter. Accelerating revenue growth alongside meaningful profitability improvement gives us increased confidence that our business model is working."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NXDR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NXDR
About NXDR
Nextdoor Holdings, Inc. is the essential neighborhood network to the people, places, and information that matter most in their local communities. Its Nextdoor platform is used by neighbors, businesses, and public agencies in approximately 11 different countries to foster more engaged communities. Neighbors use Nextdoor to stay informed on neighbors, local news, participate in conversations, discover and support local businesses, and exchange goods and services. Businesses leverage Nextdoor to connect with these engaged communities through business pages and targeted advertising, while public agencies include fire departments, law enforcement, municipal offices share real-time updates, critical alerts, and community information. The Company offers a suite of advertising solutions designed to deliver value for businesses of all sizes. Its advertising solutions include Hyperlocal Targeting, Diverse Ad Formats, Brand Safety and Trust and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nextdoor Releases 2026 Most Affordable Neighborhood Rankings
- Affordable Neighborhood Rankings: Nextdoor has released its 2026 rankings of the most affordable neighborhoods nationwide, leveraging community signals and cost-of-living data from over 110 million users, which is particularly significant during the busy summer moving season.
- Affordability Score Methodology: The rankings are based on Nextdoor's Affordability Score, which integrates data from the U.S. Census Bureau, the Tax Foundation, and the Bureau of Economic Analysis, covering metrics like median home values, market rents, and tax rates, providing a comprehensive view of community economic conditions.
- Impact on Home Buying Decisions: According to Nextdoor executives, buying a home is often the largest financial decision for individuals, with cost being a critical factor in determining where to settle, thus the introduction of this tool will help users better understand the real financial picture of neighborhoods.
- Community Engagement and Information Sharing: Nextdoor not only provides real estate information but also showcases affordability scores and additional community context on neighborhood pages, facilitating information exchange among prospective residents, real estate professionals, and current residents, thereby enhancing community cohesion.
See More
Nextdoor and Freshpaint Integration Enhances Healthcare Advertising Effectiveness
- Advertising Effect Measurement: The integration of Nextdoor and Freshpaint allows healthcare advertisers to accurately measure the impact of hyperlocal advertising on patient outcomes without compromising privacy, thereby enhancing return on advertising investment.
- Increased Local Reach: Following the integration, advertisers can reach 110 million verified household decision-makers, ensuring that ads do not merely generate impressions but directly influence patient decisions in specific communities.
- Privacy Protection Mechanism: The integration ensures the protection of Protected Health Information (PHI) through server-side data collection, providing comprehensive governance and audit capabilities, which enhances advertisers' compliance confidence.
- Market Growth View: The integration offers a single view from first community exposure to patient acquisition, enabling healthcare marketing teams to better understand advertising effectiveness and optimize strategies for sustainable patient acquisition growth.
See More
Nextdoor Surges 19.3% After Beating Q1 Sales Forecasts
- Revenue Beat: Nextdoor reported $61.7 million in revenue for Q1 2026, surpassing analyst expectations of $58.6 million, indicating strong market potential despite ongoing losses.
- Significant Sales Growth: The company achieved a 14% year-over-year sales increase, with a quarterly loss of $11.4 million, which is half of last year's $22 million loss, reflecting progress in cost management.
- User Base Expansion: Nextdoor's weekly active users reached 22.3 million, growing 1% year-over-year and 6% quarter-over-quarter, marking an all-time high that is expected to drive future revenue growth.
- Positive Cash Flow: While GAAP profitability is not expected before 2030, Nextdoor's free cash flow has turned positive and could exceed $22 million next year, indicating potential for future profitability.
See More
Nextdoor Reports Strong Q1 2026 Earnings with User Growth and Profitability Improvements
- Significant User Growth: Nextdoor's platform weekly active users reached 22.3 million in Q1 2026, a notable increase from 21 million in Q4, indicating substantial progress in user engagement and enhancing its competitive position in the market.
- Strong Revenue Growth: Q1 revenue was $62 million, representing a 14% year-over-year increase and exceeding the guidance range of $57 million to $59 million, demonstrating positive trends in profitability and market demand.
- Share Repurchase Program: The company announced a new $100 million share repurchase program and repurchased 17 million shares for $29 million in Q1, reflecting management's confidence in the company's future performance while maintaining a debt-free financial position.
- Optimistic Future Outlook: For Q2, revenue is expected to be between $71 million and $73 million, with full-year revenue growth expectations raised to approximately 10%, reflecting the company's confidence in future growth and clear strategic direction.
See More
Nextdoor Opens New Office in Dallas, Texas
- Strategic Expansion: Nextdoor has officially opened its new office in Dallas, marking its fifth U.S. location and the first in Texas, with plans to grow from 15 to 30-40 employees by summer 2026, indicating a strong commitment to the local market.
- Leadership Embedded: CEO Nirav Tolia and CFO Indrajit Ponnambalam are both based in Dallas, with Tolia highlighting the exceptional talent and vibrant community that align with Nextdoor's mission, thereby enhancing the company's local impact.
- High Market Fit: The Dallas-Fort Worth area is one of the fastest-growing metros in the U.S., home to over 8,000 neighborhoods, making Nextdoor's expansion not only timely but also strategically advantageous to leverage local growth for business enhancement.
- Multi-Functional Hub Development: Nextdoor aims to establish the Dallas office as a multi-functional hub with a focus on engineering talent, currently operating out of The Stack in Deep Ellum while actively seeking a permanent location in Uptown to support future business scaling.
See More
Dallas Neighborhood Connection Initiative Launched
- Neighborhood Connection Initiative: The Nextdoor Foundation has launched the Dallas Place at the Table Initiative in partnership with Neighbor's Table, aiming to support local organizations by providing 10 handcrafted long tables valued at over $2,750 each to enhance community connections and strengthen neighborhood bonds.
- Nomination Campaign Launched: Dallas residents are invited to nominate trusted grassroots organizations through the Nextdoor platform until May 15, encouraging broad community participation to identify nonprofits making a meaningful impact locally.
- Community Gathering Center: Each Neighbor's Table serves not just as furniture but as a functional centerpiece for community gatherings, supporting shared meals, listening sessions, and volunteer meetings, with the goal of deepening local bonds and enhancing the resilience of Dallas neighborhoods.
- Expansion Plans: This initiative coincides with Nextdoor Holdings' plans to open a new office in Dallas, demonstrating the company's commitment to fostering local connections and further supporting its mission of community building.
See More
Nextdoor Releases 2026 Most Affordable Neighborhood Rankings
- Affordable Neighborhood Rankings: Nextdoor has released its 2026 rankings of the most affordable neighborhoods nationwide, leveraging community signals and cost-of-living data from over 110 million users, which is particularly significant during the busy summer moving season.
- Affordability Score Methodology: The rankings are based on Nextdoor's Affordability Score, which integrates data from the U.S. Census Bureau, the Tax Foundation, and the Bureau of Economic Analysis, covering metrics like median home values, market rents, and tax rates, providing a comprehensive view of community economic conditions.
- Impact on Home Buying Decisions: According to Nextdoor executives, buying a home is often the largest financial decision for individuals, with cost being a critical factor in determining where to settle, thus the introduction of this tool will help users better understand the real financial picture of neighborhoods.
- Community Engagement and Information Sharing: Nextdoor not only provides real estate information but also showcases affordability scores and additional community context on neighborhood pages, facilitating information exchange among prospective residents, real estate professionals, and current residents, thereby enhancing community cohesion.
See More
Nextdoor and Freshpaint Integration Enhances Healthcare Advertising Effectiveness
- Advertising Effect Measurement: The integration of Nextdoor and Freshpaint allows healthcare advertisers to accurately measure the impact of hyperlocal advertising on patient outcomes without compromising privacy, thereby enhancing return on advertising investment.
- Increased Local Reach: Following the integration, advertisers can reach 110 million verified household decision-makers, ensuring that ads do not merely generate impressions but directly influence patient decisions in specific communities.
- Privacy Protection Mechanism: The integration ensures the protection of Protected Health Information (PHI) through server-side data collection, providing comprehensive governance and audit capabilities, which enhances advertisers' compliance confidence.
- Market Growth View: The integration offers a single view from first community exposure to patient acquisition, enabling healthcare marketing teams to better understand advertising effectiveness and optimize strategies for sustainable patient acquisition growth.
See More
Nextdoor Surges 19.3% After Beating Q1 Sales Forecasts
- Revenue Beat: Nextdoor reported $61.7 million in revenue for Q1 2026, surpassing analyst expectations of $58.6 million, indicating strong market potential despite ongoing losses.
- Significant Sales Growth: The company achieved a 14% year-over-year sales increase, with a quarterly loss of $11.4 million, which is half of last year's $22 million loss, reflecting progress in cost management.
- User Base Expansion: Nextdoor's weekly active users reached 22.3 million, growing 1% year-over-year and 6% quarter-over-quarter, marking an all-time high that is expected to drive future revenue growth.
- Positive Cash Flow: While GAAP profitability is not expected before 2030, Nextdoor's free cash flow has turned positive and could exceed $22 million next year, indicating potential for future profitability.
See More
Nextdoor Reports Strong Q1 2026 Earnings with User Growth and Profitability Improvements
- Significant User Growth: Nextdoor's platform weekly active users reached 22.3 million in Q1 2026, a notable increase from 21 million in Q4, indicating substantial progress in user engagement and enhancing its competitive position in the market.
- Strong Revenue Growth: Q1 revenue was $62 million, representing a 14% year-over-year increase and exceeding the guidance range of $57 million to $59 million, demonstrating positive trends in profitability and market demand.
- Share Repurchase Program: The company announced a new $100 million share repurchase program and repurchased 17 million shares for $29 million in Q1, reflecting management's confidence in the company's future performance while maintaining a debt-free financial position.
- Optimistic Future Outlook: For Q2, revenue is expected to be between $71 million and $73 million, with full-year revenue growth expectations raised to approximately 10%, reflecting the company's confidence in future growth and clear strategic direction.
See More
Nextdoor Opens New Office in Dallas, Texas
- Strategic Expansion: Nextdoor has officially opened its new office in Dallas, marking its fifth U.S. location and the first in Texas, with plans to grow from 15 to 30-40 employees by summer 2026, indicating a strong commitment to the local market.
- Leadership Embedded: CEO Nirav Tolia and CFO Indrajit Ponnambalam are both based in Dallas, with Tolia highlighting the exceptional talent and vibrant community that align with Nextdoor's mission, thereby enhancing the company's local impact.
- High Market Fit: The Dallas-Fort Worth area is one of the fastest-growing metros in the U.S., home to over 8,000 neighborhoods, making Nextdoor's expansion not only timely but also strategically advantageous to leverage local growth for business enhancement.
- Multi-Functional Hub Development: Nextdoor aims to establish the Dallas office as a multi-functional hub with a focus on engineering talent, currently operating out of The Stack in Deep Ellum while actively seeking a permanent location in Uptown to support future business scaling.
See More
Dallas Neighborhood Connection Initiative Launched
- Neighborhood Connection Initiative: The Nextdoor Foundation has launched the Dallas Place at the Table Initiative in partnership with Neighbor's Table, aiming to support local organizations by providing 10 handcrafted long tables valued at over $2,750 each to enhance community connections and strengthen neighborhood bonds.
- Nomination Campaign Launched: Dallas residents are invited to nominate trusted grassroots organizations through the Nextdoor platform until May 15, encouraging broad community participation to identify nonprofits making a meaningful impact locally.
- Community Gathering Center: Each Neighbor's Table serves not just as furniture but as a functional centerpiece for community gatherings, supporting shared meals, listening sessions, and volunteer meetings, with the goal of deepening local bonds and enhancing the resilience of Dallas neighborhoods.
- Expansion Plans: This initiative coincides with Nextdoor Holdings' plans to open a new office in Dallas, demonstrating the company's commitment to fostering local connections and further supporting its mission of community building.
See More
