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Nextdoor Holdings (NXDR) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Nextdoor Holdings (NXDR) reported revenue of $61.7M for the first quarter 2026 (Q1 2026), +14% from a year earlier and -11% from the quarter before. Operating margin was -24.9%, net loss $11.4M (18.5% of revenue).

Revenue$61.7M
Year over year+14%
Quarter over quarter-11%
Operating margin-24.9%
Net earnings−$11.4M

Nextdoor Holdings, Q1 2026: revenue $61.7M (+14% year over year), operating margin -24.9%, net loss $11.4M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$61.7M-11%+14%
Operating profit−$15.3M——
Net earnings−$11.4M——
Operating cash flow$1.2M-87%+239%
Free cash flow$1.2M-87%+246%

What changed

Revenue was $61.7M in Q1 2026, up 14% year over year and down 11% from the previous quarter.

Operating costs exceeded revenue by $15.3M, an operating margin of -24.9%. Total costs fell 5% while revenue rose 14%. The fastest-growing cost line was Cost of revenue (+17%). The quarter ended with a net loss of $11.4M, wider than the previous quarter's $4.0M loss. Non-operating items added $4.0M, -36% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $1.2M (up 239% year over year). Non-cash charges added back $356K of depreciation and amortization and $14.8M of share-based compensation. Working capital and other items used $2.5M. Capital expenditures of $70K left free cash flow of $1.2M.

Questions

What was Nextdoor Holdings' revenue in the first quarter 2026?

Nextdoor Holdings (NXDR) reported revenue of $61.7M for the first quarter 2026 (Q1 2026), +14% from a year earlier and -11% from the quarter before.

Was Nextdoor Holdings profitable in the first quarter 2026?

Operating loss was $15.3M (-24.9% of revenue) and net loss $11.4M.

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Source: Nextdoor Holdings 10-Q on SEC EDGAR.