NXDR News & Events

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."

Nextdoor board authorizes $100M buyback

Nextdoor announced the official opening of its Dallas office. This is the fifth US-based office location for Nextdoor joining SF, NYC, LA, and Chicago. This establishes the company's first hub in Texas, a strategic expansion anchored by executive leadership already rooted in the city. With 15 employees on day one and plans to grow to 30-40 team members by summer 2026, Dallas marks a meaningful new chapter for how Nextdoor scales its talent and community impact.

Nextdoor Holdings announced the Canadian launch of the self-serve functionality within Nextdoor Ads Manager, expanding access to its advertising platform so that any Canadian business, from a local tradesperson to a national brand, can independently create, manage, and optimize campaigns that reach real people in neighbourhoods across Canada. Nextdoor Ads Manager is a full-service advertising platform built and managed by Nextdoor. Unlike broad digital advertising, NAM allows businesses of all sizes to reach verified neighbours at scale who are actively looking for local solutions, whether that's a home services provider, a retailer, a restaurant, or a community organization, and more. Building on the success of Nextdoor Ads Manager in Canada, Nextdoor is now introducing self-serve functionality, allowing enterprise businesses to independently create and manage hyperlocal at-scale campaigns directly through the platform.