Nextdoor Holdings, Inc. · NYSE:NXDR
Nextdoor — Q2 2026 Earnings Presentation
24 slides from Nextdoor's earnings presentation, Aug 5, 2026
Slide 1: Nextdoor Investor Update Q2 2026
Nextdoor Investor Update Q2 2026
Slide 2: Nirav Tolia, CEO
Nirav Tolia CEO
Slide 3: Colin Bourland, Head of Investor Relations & Corporate Development
Colin Bourland Head of Investor Relations & Corporate Development
Slide 4: Disclaimer
Disclaimer Certain statements in this Investor Update may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements * by terminology such as “m
Slide 5: Nirav Tolia, CEO
Nirav Tolia CEO
Slide 6: Q2'26 Performance Update
Q2'26 Performance Update Q2'26 Results Notes Users 22.9M Platform WAU +5% y/y Revenue $75M +15% y/y ($2M) Net Loss; $10M Adj. EBITDA; Profitability (3%) margin, 13% margin, +21 ppt y/y +16 ppt y/y Metrics for the quarter ended 6/30/2026. Some figures may not tie due to rounding. A reconciliation of
Slide 7: How We're Driving Engagement
How We’re Driving Engagement
Slide 8: Q2 Highlights
Q2 Highlights Improved Video Events Hub Refresh Posting Nudge
Slide 9: Second Half Priorities
Second Half Priorities Faves Ask
Slide 10: Indrajit Ponnambalam, CFO
Indrajit Ponnambalam CFO
Slide 11: Platform Weekly Active Users (WAU)
Platform Weekly Active Users (WAU) 22.9 21.8 22.3 21.6 21.0 Platform WAU is our primary user metric It includes users who engage directly on the Nextdoor app or website 5% 22.9 million Platform WAU reflects an all-time high for 1% 1% Nextdoor (3%) (5%) Sequential Platform WAU growth reflects impact
Slide 12: Revenue
Revenue $75 $69 $69 $65 Strongest quarterly revenue in company $62 history Q2 revenue was $75M, +15% year-over-year, reflecting broad-based growth across channels Self-serve channel revenue grew 32% year-over-year in 14% 15% Q2 and represents 67% of revenue in Q2 ARPU improved by 9% year-over-year i
Slide 13: Net Income (Loss)
Net Income (Loss) (3%) (6%) Operating leverage improved year-over-year ($2) ($4) Net loss and margin were ($2M) and (3%), respectively (19%) (19%) (24%) Net margin improved by 21 ppt year-over-year Margin improvement was driven by stronger revenue and ($11) lower year-over-year GAAP operating expens
Slide 14: Adjusted EBITDA
Adjusted EBITDA Margin gains reflect ongoing discipline and better execution $10 $8 Adjusted EBITDA was $10M, representing a 13% margin $4 Adjusted EBITDA margin improved by 16 ppt year-over- ($0) 13% year ($2) 11% 6% 0% (3%) Revenue growth and disciplined cost management continue to drive our year-
Slide 15: Productivity and Capital Allocation
Productivity and Capital Allocation Annualized Revenue / FTE ($K)1 $624 Productivity remains a key priority $465 $482 Revenue / FTE improved 29% year-over-year in Q2 52% Strong balance sheet a key differentiator: $378M in cash, cash equivalents, and marketable securities at Q2-end 29% Generated $10M
Slide 16: Financial Outlook
Financial Outlook Third Quarter Full Year Additional details Low Teens Year-Over- Revenue $76M - $78M Year Growth Outlook assumes Platform WAU will continue to increase sequentially during the back-half of the year Approximately 10% Adjusted EBITDA $6.5M - $8M Margin Some figures may not tie due to
Slide 17: Questions
Questions investors.nextdoor.com
Slide 18: Appendix
Appendix
Slide 19: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets in thousands, except per share data June 30, December 31, 2026 2025 Assets Current assets: Cash and cash equivalents $ 63,551 $ 63,341 Marketable securities 314,422 341,429 Accounts receivable, net of allowance of $517 and $491 as of June 30, 2026 and December 3
Slide 20: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations in thousands, except per share data Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenue $ 74,554 $ 65,093 $ 136,223 $ 119,269 Costs and expenses: Cost of revenue 11,475 10,643 22,523 20,090 Research and development 32,985
Slide 21: Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows in thousands Six Months Ended June 30, 2026 2025 Cash flows from operating activities Net loss $ (13,539) $ (37,314) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 685 1,058 Stock-based compens
Slide 22: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement our condensed consolidated financial statements, which are prepared in accordance with GAAP, we present non-GAAP cost of revenue, non-GAAP research and development, non-GAAP sales and marketing, non-GAAP general and administrative, non-GAAP total operating e
Slide 23: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation in thousands Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net loss $ (2,122) $ (15,362) $ (13,539) $ (37,314) Depreciation and amortization 329 514 685 1,058 Stock-based compensation 14,873 17,107 29,635 34,198 Interest income (3,834) (4,77
Slide 24: investors.nextdoor.com · ir@nextdoor.com
investors.nextdoor.com · ir@nextdoor.com 24