Nextdoor Holdings, Inc. (NXDR) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.035 Good afternoon. My name is Jasmine, and I will be your conference operator today. 00:00:04.035 -- 00:00:09.179 At this time, I would like to welcome everyone to Nextdoor's first quarter 2026 earnings 00:00:09.179 -- 00:00:13.563 conference call. All lines will be muted during the presentation portion of the call 00:00:13.563 -- 00:00:16.426 with the opportunity for questions and answers at the end. 00:00:16.426 -- 00:00:19.367 You may now begin your conference. 00:00:22.992 -- 00:00:26.856 Thank you, operator. Good afternoon, everyone, and welcome to Nextdoor's first quarter 00:00:26.856 -- 00:00:30.119 2026 earnings conference call and webcast. 00:00:30.119 -- 00:00:33.925 I'm Indrajit Panambalam, Nextdoor's Chief Financial Officer. 00:00:33.925 -- 00:00:38.692 With me today is Nirav Tolia, our co-founder, chief executive officer, president, and 00:00:38.692 -- 00:00:43.380 chairperson of the board. During this call, we may make statements related to our business 00:00:43.380 -- 00:00:47.045 that are forward-looking statements under federal securities laws. 00:00:47.045 -- 00:00:50.070 These statements are not guarantees of future performance. 00:00:50.070 -- 00:00:53.295 They are subject to a variety of risks and uncertainties. 00:00:53.295 -- 00:00:58.102 Our actual results could differ materially from expectations reflected in any forward-looking 00:00:58.102 -- 00:01:02.565 statements. For a discussion of the material risks and other important factors that could 00:01:02.565 -- 00:01:07.735 affect our actual results, please refer to our SEC filings available on the SEC's 00:01:07.735 -- 00:01:12.825 website and in the investor relations section of our website, as well as the risks 00:01:12.825 -- 00:01:16.632 and other importa...