Nextdoor Holdings, Inc. (NXDR) Q2 2026 Earnings Call Transcript
Nextdoor Holdings, Inc. (NXDR) Q2 2026 Earnings Call Transcript

Nextdoor Holdings, Inc. functions as an umbrella organization that operates a social networking platform specifically designed to connect residents with local businesses. ...
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Est. EPS $-0.01 · Revenue $77.32M · 2 analysts
Est. EPS $0.00 · Revenue $79.11M · 2 analysts
Est. EPS $-0.05 · Revenue $292.60M · 2 analysts
Est. EPS $-0.01 · Revenue $69.23M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $257.6M | +4.2% | +20.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-54.2M | +44.7% | +81.4% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +84.1% | +1.2% | +3.1% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -27.9% | +43.2% | +69.4% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -21.0% | +47.0% | +84.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $5.9M | +128.6% | +595.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +2.3% | +127.4% | +474.9% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 12.9% | +43.5% | -9.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 14.03x | -16.0% | -5.3% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $486.8M | -5.3% | +2.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.14 vs -0.14 | +0.9% | -0.01 vs -0.02 | +72.0% |
| Revenue Surprise | $257.6M vs $255.9M | +0.7% | $74.6M vs $72.2M | +3.2% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 21, 2026 | Kiernan Michael | officer: Chief Revenue Officer | Class A Common Stock | D | 111,559 | $2.39 |
| Aug 17, 2026 | Schwartz Sophia | officer: Chief Legal Officer, Secretary | Class A Common Stock | D | 2,500 | $2.51 |
| Jul 16, 2026 | Lisowski Craig | officer: President of Products | Class A Common Stock | D | 30,000 | $2.51 |
| Jul 16, 2026 | How Antoinette | officer: Chief Accounting Officer | Class A Common Stock | D | 9,424 | $2.48 |
| Jul 16, 2026 | Schwartz Sophia | officer: General Counsel and Secretary | Class A Common Stock | D | 52,582 | $2.48 |
Leah LaRue: Good morning. My name is Leah, and I will be your conference operator today. At this time, I would like to welcome everyone to Nextdoor's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Nirav Tolia, Chief Executive Officer. Nirav, you may now begin. Nirav Tolia: Good morning, everyone, and welcome to Nextdoor's Q2 2026 Earnings Call. We appreciate everyone joining us today. I'm Nirav Tolia, Co-Founder, Chief Executive Officer, President and Chairperson of the Board. Joining me today is Indrajit Ponnambalam, Chief Financial Officer. I'd also like to take a moment to introduce Colin Bourland, our new Head of Investor Relations and Corporate Development. Colin has a strong background across finance, IR and corporate development, and he'll be leading our investor engagement efforts going forward. We're really excited to have him with us. Colin Bourland: Thank you, Nirav. I'm excited to be here, and I appreciate the warm welcome. Hello, everyone. During this call, we may make statements related to our business that are forward-looking statements under federal securities law. These statements are not guarantees of future performance. They are subject to a variety of risks and uncertainties. Our actual results could differ materially from expectations reflected in any forward-looking statements. For a discussion of the material risks and other important factors that could affect our actual results, please refer to our SEC filings available on the SEC's website, the Investor Relations section of our website as well as the risks and other important factors discussed in today's earnings release. Additionally, non-GAAP financial measures will be discussed on today's conference call. A reconciliation of these measures to their most directly comparable GAAP financial measures can be found in the Q2 2026 Nextdoor investor update posted on the Investor Relations section of our website today. And now I'll turn it back to Nirav. Nirav Tolia: Thanks, Colin. Q2 was a landmark quarter for Nextdoor with the strongest financial performance in our company's history. Platform WAU reached an all-time high. Revenue exceeded the high end of our guidance, and we delivered record adjusted EBITDA. Platform WAU grew to 22.9 million, increasing both sequentially and year-over-year for the second consecutive quarter. Revenue grew 15% to $75 million, and adjusted EBITDA reached $10 million, a 13% margin and a $12 million improvement over last year. These are strong results, but what encourages me even more than the numbers is how we achieved them. For the past 2 years, we've talked about rebuilding Nextdoor for long-term sustainable growth. We haven't been looking for shortcuts or one breakthrough feature. Instead, we focused on steadily improving the product quarter after quarter, making it more useful, more relevant and ultimately more valuable for neighbors. This quarter, we're beginning to see those …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Nirav N. Tolia | Co-Founder, Chief Executive Officer, President & Chairperson of the Board | USD 1,045,667 | Male | 1972 | Active |
Michael Kiernan | Chief Revenue Officer | USD 722,909 | Male | 1985 | Active |
Craig Lisowski | President of Products | USD 552,300 | Male | — | Active |
Sophia Contreras Schwartz | Chief Legal Officer & Secretary | USD 552,300 | Female | 1985 | Active |
Indrajit Ponnambalam | Chief Financial Officer & Treasurer | USD 549,996 | Male | 1974 | Active |
Colin Bourland | Head of Investor Relations & Corporate Development | — | Male | — | Active |
Jose Gaztelu | Head of Global Market Operations & Corporate Strategy | — | Male | — | Active |
Sarah C. Leary | Co-Founder, Head of Marketing, Community & Business Operations | — | Female | 1971 | Active |
Antoinette How | Chief Accounting Officer | — | Female | 1976 | Active |
John T. Williams | Head of Investor Relations | — | Male | — | Active |
Tony Castellanos | Executive Vice President of People | — | Male | — | Active |
Kelsey Grady | Executive VP of Communications | — | Female | — | Active |
Nextdoor Holdings, Inc. (NXDR) Q2 2026 Earnings Call Transcript

Nextdoor Holdings, Inc. (NXDR) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.04 per share a year ago.

SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today announced results for the second quarter ended June 30, 2026. Nextdoor's highlighted metrics for the second quarter ended June 30, 2026 include: Revenue of $75 million increased 15% year-over-year. Total Platform Weekly Active Users (Platform WAU) of 22.9 million increased 5% year-over-year. Net loss was $2 million, compared to a net loss of $15 million in the year-ago period. Adjuste.

Nextdoor leverages its vast, verified local identity network to power AI-driven local discovery and recommendations. NXDR's competitive edge stems from 110 million verified neighbors across 350,000 neighborhoods, enabling trusted, accurate AI outputs. Unlike larger platforms, the company focuses on organizing and monetizing existing community data, not generating new content.

SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, will report second quarter financial results following the close of the U.S. markets on Tuesday, August 4, 2026. Nextdoor will host a webcast and conference call the following morning, on Wednesday, August 5, 2026, at 5:30 a.m. PT / 8:30 a.m. ET to discuss the results and outlook. The webcast will be available in the Events & Presentations section of the Nextdoor Investor Relations webs.
