--- title: "Nextdoor | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 61.67 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285430984.md" datetime: "2026-05-06T20:18:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285430984.md) - [en](https://longbridge.com/en/news/285430984.md) - [zh-HK](https://longbridge.com/zh-HK/news/285430984.md) --- # Nextdoor | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 61.67 M Revenue: As of FY2026 Q1, the actual value is USD 61.67 M, beating the estimate of USD 58.15 M. EPS: As of FY2026 Q1, the actual value is USD -0.03, beating the estimate of USD -0.045. EBIT: As of FY2026 Q1, the actual value is USD -19.37 M. #### Overall Financial Performance - **Revenue**: Nextdoor Holdings, Inc. reported total revenue of $61.7 million for the three months ended March 31, 2026, an increase of 14% compared to $54.2 million for the same period in 2025 . - **Net Loss**: The company’s net loss decreased by 48% to - $11.4 million for the three months ended March 31, 2026, from - $22.0 million for the three months ended March 31, 2025 . - **Adjusted EBITDA**: The Adjusted EBITDA loss was - $0.2 million for the three months ended March 31, 2026, an improvement from - $9.2 million for the same period in 2025 . - **Loss from Operations**: Loss from operations improved to - $15.3 million for the three months ended March 31, 2026, compared to - $27.0 million for the three months ended March 31, 2025 . - **Interest Income**: Interest income was $4.0 million for the three months ended March 31, 2026, a decrease of 19% from $5.0 million for the same period in 2025 . - **Other Income, Net**: Other income, net, decreased by 94% to $14 thousand for the three months ended March 31, 2026, compared to $220 thousand for the same period in 2025 . - **Provision for Income Taxes**: The provision for income taxes was $137 thousand for the three months ended March 31, 2026, a slight decrease from $141 thousand for the same period in 2025 . #### Revenue by Geography - **United States Revenue**: Revenue from the United States was $59.4 million for the three months ended March 31, 2026, up from $51.9 million in the prior year period . - **International Revenue**: International revenue was $2.3 million for the three months ended March 31, 2026, consistent with $2.3 million for the same period in 2025 . #### Operating Costs and Expenses - **Cost of Revenue**: Cost of revenue increased by 17% to $11.0 million for the three months ended March 31, 2026, from $9.4 million in the prior year . - **Research and Development**: Research and development expenses decreased by 4% to $32.0 million for the three months ended March 31, 2026, from $33.5 million in the prior year . - **Sales and Marketing**: Sales and marketing expenses decreased by 11% to $19.6 million for the three months ended March 31, 2026, from $22.1 million in the prior year . - **General and Administrative**: General and administrative expenses decreased by 11% to $14.3 million for the three months ended March 31, 2026, from $16.1 million in the prior year . - **Total Costs and Expenses**: Total costs and expenses were $77.0 million for the three months ended March 31, 2026, a decrease of 5% compared to $81.2 million for the same period in 2025 . #### Key Business Metrics - **Platform Weekly Active Users (Platform WAU)**: Platform WAU was 22.3 million for the three months ended March 31, 2026, a 1% increase compared to 22.0 million for the same period in 2025 . - **Average Revenue per Platform Weekly Active User (Platform ARPU)**: Platform ARPU was $2.77 for the three months ended March 31, 2026, an increase of 12% compared to $2.46 for the same period in 2025 . #### Cash Flow - **Net Cash Provided by Operating Activities**: Nextdoor Holdings, Inc. generated $1.2 million in net cash from operating activities for the three months ended March 31, 2026, compared to $368 thousand for the same period in 2025 . - **Net Cash Provided by Investing Activities**: Net cash provided by investing activities was $22.7 million for the three months ended March 31, 2026, compared to $21.6 million for the same period in 2025 . - **Net Cash Used in Financing Activities**: Net cash used in financing activities was - $31.9 million for the three months ended March 31, 2026, compared to - $12.8 million for the same period in 2025 . - **Cash, Cash Equivalents, and Marketable Securities**: As of March 31, 2026, the company had $373.2 million in cash, cash equivalents, and marketable securities . #### Strategic Outlook and Initiatives Nextdoor Holdings, Inc. is focused on scaling its monetization efforts by increasing network neighbors, growing engagement, improving products for users and organizations, attracting more advertisers, and expanding international sales . The company’s growth strategy is tied to the success of its multi-phase “new Nextdoor initiative” product transformation, aiming to make the platform more robust and engaging for users and more compelling for advertisers . The company anticipates increased operating expenses and capital expenditures in the foreseeable future due to investments in neighbor acquisition, platform engagement, international expansion, team member retention, platform development, and infrastructure enhancement . #### Share Repurchase Program Nextdoor Holdings, Inc.’s Board of Directors authorized a new share repurchase program in April 2026 for up to $100.0 million of Class A common stock, expiring on June 30, 2028 . The company repurchased and retired 16,992,982 shares of Class A common stock for $28.7 million during the three months ended March 31, 2026, under a previous program . ### Related Stocks - [NXDR.US](https://longbridge.com/en/quote/NXDR.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [INTOUCH INSIGHT ANNOUNCES Q1 2026 FINANCIAL RESULTS](https://longbridge.com/en/news/287124506.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md)