Nextdoor Holdings, Inc. · NYSE:NXDR
Nextdoor — Q1 2026 Earnings Presentation
21 slides from Nextdoor's earnings presentation, May 6, 2026
Slide 1: Nextdoor Investor Update Q1 2026
Nextdoor Investor Update Q1 2026 Exhibit 99.1
Slide 2: CFO
Indrajit melalarclanieysitcian CFO
Slide 3: Forward-looking statements
**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 “may,” “shoul
Slide 4: Nirav Tolia, CEO
Nirav Tolia CEO
Slide 5: Q1'26 Performance Update
Q1’26 Performance Update Q1’26 Results Notes Users 22.3M Platform WAU +1% y/y Revenue $62M +14% y/y Profitability ($11M) Net Loss; (19%) margin, +22 ppt y/y ($0.2M) Adj. EBITDA; (0.3%) margin, +17 ppt y/y Metrics for the quarter ended 3/31/2026. Some figures may not tie due to rounding. A reconcilia
Slide 6: Pillars of our investment thesis
Pillars of our investment thesis The Neighborhood Graph A unique verified, address-based graph built on identity, location, and trust. Intent-Driven Engagement High-intent usage driven by real-world decisions and action. Multiple Monetization Pathways Multiple monetization tools to match high-intent
Slide 7: CFO
Indrajit melalarclanieysitcian CFO
Slide 8: Platform Weekly Active Users (WAU)
Platform Weekly Active Users (WAU) Some figures may not tie due to rounding. Platform WAU reflects users who open our application or log on to our website at least once during a defined 7-day period. Platform WAU is our primary user metric. It includes users who engage directly on the Nextdoor app o
Slide 9: Revenue
Revenue Some figures may not tie due to rounding. Strongest Q1 revenue in company history. Q1 revenue was $62M, +14% year-over-year, reflecting strong self-serve advertiser demand and better yields. Self-serve channel revenue grew 28% year-over-year in Q1 and increased share of total revenue to 68%.
Slide 10: Net Income (Loss)
Net Income (Loss) Some figures may not tie due to rounding. Operating leverage improved year-over-year. Net loss and margin were ($11M) and (19%), respectively. Net margin improved by 22 ppt year-over-year. Margin improvement was driven by stronger revenue and lower year-over-year GAAP operating exp
Slide 11: Adjusted EBITDA
Adjusted EBITDA Some figures may not tie due to rounding. A reconciliation of non-GAAP metrics used in this presentation to their most comparable GAAP measures is provided in the Appendix at the end of this presentation. Margin gains reflect ongoing discipline and better execution. Adjusted EBITDA w
Slide 12: Productivity and Capital Allocation
Productivity and Capital Allocation 1. Annualized revenue / FTE = Quarterly revenue x 4 / average # of full-time employees in quarter. Some figures may not tie due to rounding. Annualized Revenue / FTE ($K)1 Productivity remains a key priority. Revenue / FTE improved 31% year-over-year in Q1. Repurc
Slide 13: Financial Outlook
Financial Outlook Some figures may not tie due to rounding. Outlook as of 5/6/2026. Q2’26 Outlook y/y change (midpoint of range) Additional details Revenue $71M - $73M +11% y/y Q2 guidance reflects anticipated continued momentum we are seeing across the business. We also expect full-year 2026 revenu
Slide 14: Questions
investors.nextdoor.com Questions
Slide 15: Appendix
Appendix
Slide 16: Condensed Consolidated Balance Sheets
16 Condensed Consolidated Balance Sheets in thousands, except per share data Some figures may not tie due to rounding.
Slide 17: Condensed Consolidated Statements of Operations
17 Condensed Consolidated Statements of Operations in thousands, except per share data Some figures may not tie due to rounding.
Slide 18: Condensed Consolidated Statements of Cash Flows
18 Condensed Consolidated Statements of Cash Flows in thousands Some figures may not tie due to rounding.
Slide 19: 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 20: Adjusted EBITDA Reconciliation
20 Adjusted EBITDA Reconciliation in thousands Some figures may not tie due to rounding.
Slide 21: investors.nextdoor.com · ir@nextdoor.com
21 investors.nextdoor.com · ir@nextdoor.com