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Nextdoor Reports Fourth-Quarter and Full-Year 2025 Results
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today announced results for the fourth quarter and full year ended December 31, 2025.
Nextdoor's highlighted metrics for the fourth quarter ended December 31, 2025 include:
Revenue of $69 million increased 7% year-over-year.
Total Platform Weekly Active Users (Platform WAU) of 21.0 million decreased 5% year-over-year.
Net loss was $4 million, compared to $12 million in the year-ago period.
Adjusted EBITDA was $8 million, compared to $3 million in the year-ago period, reflecting 6 percentage points of year-over-year margin improvement.
Nextdoor's highlighted metrics for the year ended December 31, 2025 include:
Revenue of $258 million increased 4% year-over-year.
Net loss was $54 million, compared to $98 million in the year-ago period.
Adjusted EBITDA was positive $1 million, compared to a loss of $18 million in the year-ago period.
Cash, cash equivalents, and marketable securities were $405 million as of December 31, 2025.
"Our Q4 results reflect steady progress and consistent execution across the business," said Nextdoor CEO Nirav Tolia. "We delivered record quarterly revenue and achieved positive full-year Adjusted EBITDA a year ahead of schedule. We remain focused on improving the core experience for neighbors on Nextdoor."
"Nextdoor's neighborhood graph has always been a differentiated asset. Now, we are working to unlock its full potential by aligning our content with the real-world decisions neighbors make every day," said Tolia. "Our value isn't in passive scrolling, but in high-intent moments. By using AI to surface the right local information at the right time, we're driving the deeper engagement necessary to create durable, long-term value."
"I'm excited to report my first quarter as CFO with strong financial performance across the board," said Nextdoor CFO Indrajit Ponnambalam. "We grew revenue 7% year-over-year in Q4, reduced our net loss by more than half compared to the prior year, and expanded our Adjusted EBITDA margin by 6 percentage points. These results culminated in our first full year of positive Adjusted EBITDA, a milestone that reflects the discipline of our entire team. With $405 million in cash and marketable securities, we have a strong foundation for continued investment and growth."
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