Nextdoor Holdings, Inc. NXDR
Nextdoor is the essential neighborhood network connecting over 105 million Verified Neighbors1 to the people, places, and information that matter most in their local communities. Operating in over 350,000 neighborhoods across 11 countries, Nextdoor fosters trusted, real-world utility through locally relevant content and services, including news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events. This focus on practical local value drives genuine, high-intent local engagement and supports a diverse ecosystem of neighbors and partners seeking to connect with neighbors.
Our platform is powered by unique geospatial technology and a proprietary advertising system that enables businesses of all sizes to reach highly engaged audiences with a local focus. Through these capabilities, Nextdoor helps strengthen local communities while providing partners — including small businesses, national brands, publishers, and civic and government agencies — with effective tools to communicate and engage locally at scale.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $257.6M | $247.3M | $218.3M | $212.8M | $192.2M | $123.3M | — |
| Cost of revenue | $41.0M | $41.9M | $41.6M | $39.0M | $28.8M | $21.6M | — |
| Gross profit | $216.7M | $205.4M | $176.7M | $173.8M | $163.4M | $101.7M | — |
| R&D | $135.2M | $127.9M | $150.0M | $127.1M | $97.1M | $69.2M | — |
| SG&A | $62.4M | $92.1M | $76.1M | $67.7M | $54.7M | $28.8M | — |
| Total operating expenses | $329.6M | $368.9M | $390.6M | $357.0M | $287.0M | $199.9M | — |
| Operating income | -$71.9M | -$121.6M | -$172.3M | -$144.2M | -$94.8M | -$76.7M | — |
| Pre-tax income | -$52.6M | -$97.4M | -$147.0M | -$136.2M | -$95.2M | -$75.1M | — |
| Income tax | $1.6M | $706.0K | $756.0K | $1.7M | $157.0K | $127.0K | — |
| Net income | -$54.2M | -$98.1M | $147.8M | $137.9M | $95.3M | -$75.2M | — |
| EPS, basic | -0.14 | -0.25 | -0.39 | -0.36 | -0.65 | -0.83 | — |
| EPS, diluted | -0.14 | -0.25 | -0.39 | -0.36 | -0.65 | -0.83 | — |
| Shares, diluted (wtd. avg.) | $386.3M | $385.1M | $379.3M | $378.7M | $146.3M | $90.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $63.3M | $45.5M | $60.2M | $55.2M | $521.8M | $84.7M | $84.0M |
| Short-term investments | $341.4M | $381.4M | $470.9M | $528.1M | $194.0M | $53.3M | — |
| Receivables | $34.4M | $31.2M | $26.2M | $29.8M | $29.7M | $21.8M | — |
| Total current assets | $448.2M | $466.7M | $566.9M | $625.3M | $761.7M | $165.4M | — |
| Property, plant and equipment | $1.6M | $2.7M | $8.1M | $11.8M | $12.5M | $5.7M | — |
| Goodwill | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | — |
| Other intangibles | — | $257.0K | $1.3M | $3.1M | $4.8M | $7.0M | — |
| Total assets | $486.8M | $514.0M | $654.6M | $699.6M | $840.1M | $217.7M | — |
| Accounts payable | $2.5M | $249.0K | $1.9M | $4.5M | $6.2M | $3.4M | — |
| Total current liabilities | $31.9M | $27.9M | $35.4M | $34.7M | $33.5M | $32.2M | — |
| Total liabilities | $55.5M | $60.5M | $96.0M | $88.5M | $95.1M | $68.4M | — |
| Retained earnings | -$918.3M | -$864.1M | -$766.0M | -$618.3M | -$480.3M | -$385.0M | — |
| Total equity | $431.3M | $453.5M | $558.6M | $611.1M | $745.0M | -$297.9M | -$257.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.5M | -$20.2M | -$59.3M | -$60.5M | -$51.3M | -$41.6M | — |
| Depreciation and amortisation | $1.9M | $3.9M | $5.8M | $5.7M | $4.2M | $3.1M | — |
| Stock-based compensation | $65.3M | $74.1M | $83.0M | $64.4M | $47.5M | $22.6M | — |
| Capital expenditure | $580.0K | $404.0K | $267.0K | $3.2M | $8.8M | $5.0M | — |
| Investing cash flow | $42.6M | $86.4M | $66.5M | -$342.4M | -$149.5M | $36.8M | — |
| Financing cash flow | -$34.0M | -$81.0M | $8.9M | -$64.3M | $637.6M | $6.4M | — |
| Buybacks | $18.9M | $75.5M | $0 | $77.2M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001846069-26-000091.
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