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Sep 30, 2025
Nextdoor Q3 2025 Earnings Report
Key Takeaways
Nextdoor delivered its highest-ever quarterly revenue of $69 million, a 5% increase year-over-year, driven by steady execution and growth in its self-serve advertising platform. The company also significantly improved its adjusted EBITDA, reaching $4 million compared to a loss in the prior year, demonstrating strong financial and operational discipline.
Revenue for Q3 2025 reached $69 million, marking a 5% increase year-over-year and representing the company's highest-ever quarterly revenue.
Adjusted EBITDA for the quarter was $4 million, a substantial improvement from a $1 million loss in the same period last year, indicating an 8 percentage point margin improvement.
GAAP net loss was $13 million, an improvement from a $15 million net loss in the year-ago period.
Platform Weekly Active Users (WAU) were 21.6 million, a 3% decrease year-over-year.
Forward Guidance
Nextdoor reiterates its commitment to achieving full-year adjusted EBITDA breakeven in fiscal year 2026, driven by continued financial and operational discipline and ongoing optimization of its platform for engagement and monetization.
Positive Outlook
- Reiterates path to full-year adjusted EBITDA breakeven in FY 2026.
- Financial and operational discipline continue to drive growth and expand non-GAAP profitability.
- Self-serve remains a strong growth engine, representing nearly 60% of Q3 revenue.
- Advertisers are benefiting from performance improvements unlocked by the Nextdoor Ads Platform.
- Ongoing testing and optimization of the new Nextdoor platform for stronger engagement and improved monetization.
Challenges Ahead
- No specific negative forward guidance was provided in the report.
- No specific negative forward guidance was provided in the report.
- No specific negative forward guidance was provided in the report.
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