10-Q quarterly report · filed Nov 5, 2025

Nextdoor Holdings, Inc. (NXDR) Q3 2025 10-Q Quarterly Report

Short answer

Nextdoor Holdings, Inc. (NXDR) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $69M (up 5.0% year over year) with net income of −$13M.

Q3 2025 key financials · XBRL

Revenue
$69M
+5.0% YoY · +5.8% QoQ
Net income
−$13M
+13.7% YoY · +16.3% QoQ
Operating margin
-25.0%
EPS (diluted)
−$0.03
+25.0% YoY · +25.0% QoQ

Source: XBRL data from the Nextdoor Holdings, Inc. (NXDR) Q3 2025 10-Q on SEC EDGAR. USD.

Nextdoor Holdings, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $68.9M, up 5% YoY from $65.6M, driven by increased advertising spending
  • Q3 operating margin (25%) vs (32%) YoY; net loss $12.9M vs $14.9M
  • Platform ARPU $3.19 vs $2.95 YoY; Platform WAU 21.6M, down 3%
  • Adjusted EBITDA $4.4M vs $(1.3)M YoY; cash, equivalents, securities $403.3M
  • Nine-month operating cash outflow $3.0M vs $32.0M; no Q3 share repurchases; expected losses and operating cash outflows continue

Risk Factors

  • New platform-transformation risk triggered by July 2025 Nextdoor initiative, potentially disrupting usage patterns or alienating existing users
  • Most materially updated risk: scaling monetization while implementing ongoing platform enhancements, with uncertain advertiser and neighbor acceptance
  • Privacy compliance risk across GDPR, CCPA, PIPEDA, Australia’s 2024 reforms, and over one-third of U.S. states limiting advertising data use
  • Near-term advertising risk from Apple, Google, and browser restrictions reducing targeting, attribution, retargeting, and campaign measurement
  • Revenue concentration risk: substantially all revenue from advertising, with advertisers lacking long-term spending commitments

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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