Nextdoor Holdings, Inc. income statement
In fiscal 2025, Nextdoor Holdings, Inc. reported revenue of $258m, up 4.2% on the year before, operating income of −$71.9m (a -27.9% margin) and net income of −$54.2m, or −$0.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 123 | 192 | 213 | 218 | 247 | 258 | 275 |
| Cost of revenue | 22 | 29 | 39 | 42 | 42 | 41 | 43 |
| Gross profit | 102 | 163 | 174 | 177 | 205 | 217 | 231 |
| Research and development | 69 | 97 | 127 | 150 | 128 | 135 | 132 |
| Selling and marketing | 80 | 106 | 123 | 123 | 107 | 91 | 85 |
| General and administrative | 29 | 55 | 68 | 76 | 92 | 62 | 59 |
| Operating income | −77 | −95 | −144 | −172 | −122 | −72 | −46 |
| Income before tax | −75 | −95 | −136 | −147 | −97 | −53 | −29 |
| Income tax | 0 | 0 | 2 | 1 | 1 | 2 | 2 |
| Net income | −75 | −95 | −138 | −148 | −98 | −54 | −30 |
| Diluted EPS | −$0.83 | −$0.65 | −$0.36 | −$0.39 | −$0.25 | −$0.14 | −$0.08 |
| Diluted shares (average) | 90m | 146m | 379m | 379m | 385m | 386m | 387m |
| EBITDA | −74 | −91 | −139 | −167 | −118 | −70 | −44 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | 65 | 54 | 65 | 69 | 69 | 62 | 75 |
| Cost of revenue | 11 | 10 | 9 | 11 | 10 | 10 | 11 | 11 |
| Gross profit | 54 | 55 | 45 | 54 | 58 | 59 | 51 | 63 |
| Research and development | 32 | 34 | 33 | 35 | 36 | 31 | 32 | 33 |
| Selling and marketing | 26 | 21 | 22 | 24 | 24 | 21 | 20 | 21 |
| General and administrative | 17 | 18 | 16 | 16 | 16 | 14 | 14 | 15 |
| Operating income | −21 | −17 | −27 | −20 | −17 | −7 | −15 | −6 |
| Income before tax | −15 | −12 | −22 | −15 | −13 | −3 | −11 | −2 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net income | −15 | −12 | −22 | −15 | −13 | −4 | −11 | −2 |
| Diluted EPS | −$0.04 | −$0.03 | −$0.06 | −$0.04 | −$0.03 | −$0.01 | −$0.03 | −$0.01 |
| EBITDA | −20 | −17 | −26 | −20 | −17 | −7 | −15 | −5 |
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