Nextdoor Q2 Earnings Call Highlights

2 weeks ago 16

MarketBeat

Sat, August 8, 2026 astatine 10:03 AM CDT 6 min read

Key Points

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Nextdoor exceeded Q2 guidance: Revenue roseate 15% twelvemonth implicit twelvemonth to $75 million, adjusted EBITDA reached $10 million, and play progressive users accrued 5% to a grounds 22.9 million.
Advertising momentum strengthened: Self-serve advertizing gross grew 32% and represented astir 67% of full revenue, driven by amended advertiser performance, pricing and lawsuit spending alternatively than accrued advertisement volume.
The outlook was raised: Nextdoor expects low-teens gross maturation and an adjusted EBITDA borderline of astir 10% for full-year 2026, supported by continued idiosyncratic growth, merchandise investments and a beardown debt-free equilibrium expanse with $378 cardinal successful currency and marketable securities.

Nextdoor (NYSE:KIND) reported second-quarter results that exceeded its guidance, with gross rising 15% twelvemonth implicit twelvemonth and play progressive users reaching a grounds level arsenic the institution continued to stress merchandise improvements, user-generated contented and advertizing efficiency.

Chief Executive Officer Nirav Tolia described the play arsenic a "landmark quarter" and said the institution delivered its strongest fiscal show to date. Platform play progressive users, oregon WAU, reached 22.9 million, up 5% from a twelvemonth earlier and higher sequentially for a 2nd consecutive quarter.

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Revenue totaled $75 million, supra the company's anterior outlook of $71 cardinal to $73 million. Adjusted EBITDA was $10 million, representing a 13% borderline and an astir $12 cardinal year-over-year improvement. GAAP nett nonaccomplishment was $2 million, oregon a antagonistic 3% margin.

User Growth and Product Strategy

Tolia said Nextdoor's caller advancement reflected the cumulative effect of galore merchandise changes alternatively than a azygous diagnostic oregon selling initiative. The institution has focused connected making its level much utile and applicable done feed-ranking improvements, expanded video features, a rebuilt events experience, much targeted notifications and verified accounts for section journalists.

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The institution besides worked to summation information from users, including by prompting progressive commenters to make their archetypal posts and improving station insights truthful users tin spot the scope of their contributions. Tolia said contributors reached a multiyear precocious during the quarter, portion unsocial posters, station measurement and comments increased.

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