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

Investor webinar replay

Replay transcript excerpt

Good afternoon. My name is Jasmine, and I will be your conference operator today. At this time, I would like to welcome everyone to Nextdoor's first quarter 2026 earnings conference call. All lines will be muted during the presentation portion of the call with the opportunity for questions and answers at the end. You may now begin your conference. Thank you, operator. Good afternoon, everyone, and welcome to Nextdoor's first quarter 2026 earnings conference call and webcast. I'm Indrajit Panambalam, Nextdoor's Chief Financial Officer. With me today is Nirav Tolia, our co-founder, chief executive officer, president, and chairperson of the board. During this call, we may make statements related to our business that are forward-looking statements under federal securities laws. These statements are not guarantees of future performance. They are subject to a variety of risks and uncertainties. Our actual results could differ materially from expectations reflected in any forward-looking statements. For a discussion of the material risks and other important factors that could affect our actual results, please refer to our SEC filings available on the SEC's website and in the investor relations section of our website, as well as the risks and other important factors discussed in today's earnings release. Additionally, non-GAAP financial measures will be discussed on today's conference calls. A reconciliation of these measures to their most directly comparable GAAP financial measures can be found in the Q1 2026 Nextdoor Investor Update released today. And now I'll turn it over to Nirv. Thank you, Indrajit, and good afternoon, everyone. I'm pleased to report that Q1 was a standout quarter for Nextdoor. Platform weekly active users reached an all-time high. Revenue grew 14% yea...