Filing Flows › Nextdoor Holdings (NXDR) › Q1 2025
Nextdoor Holdings (NXDR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Nextdoor Holdings (NXDR) reported revenue of $54.2M for the first quarter 2025 (Q1 2025), +2% from a year earlier and -17% from the quarter before. Operating margin was -49.9%, net loss $22.0M (40.5% of revenue).
Nextdoor Holdings, Q1 2025: revenue $54.2M (+2% year over year), operating margin -49.9%, net loss $22.0M, operating cash flow $368K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.2M | -17% | +2% |
| Operating profit | −$27.0M | — | — |
| Net earnings | −$22.0M | — | — |
| Operating cash flow | $368K | -97% | — |
| Free cash flow | $340K | -97% | — |
What changed
Revenue was $54.2M in Q1 2025, up 2% year over year and down 17% from the previous quarter.
Operating costs exceeded revenue by $27.0M, an operating margin of -49.9%. Total costs fell 8% while revenue rose 2%. The quarter ended with a net loss of $22.0M, wider than the previous quarter's $12.1M loss. Non-operating items added $5.2M, -24% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $368K. Non-cash charges added back $544K of depreciation and amortization and $17.1M of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of $28K left free cash flow of $340K.
Questions
What was Nextdoor Holdings' revenue in the first quarter 2025?
Nextdoor Holdings (NXDR) reported revenue of $54.2M for the first quarter 2025 (Q1 2025), +2% from a year earlier and -17% from the quarter before.
Was Nextdoor Holdings profitable in the first quarter 2025?
Operating loss was $27.0M (-49.9% of revenue) and net loss $22.0M.
Source: Nextdoor Holdings 10-Q on SEC EDGAR.