Nextdoor Extends Weekly Active User Growth for Third Quarter

The Tip Desk · November 11, 2026 · 2 min read

Platform weekly active users reached 24.5 million as third-quarter revenue rose 14% to $79 million.

Nextdoor Holdings, Inc. (NXDR), the neighborhood network, reported third-quarter revenue of $79 million, up 14% from a year earlier, as Platform Weekly Active Users reached 24.5 million.

That user count marked a third consecutive quarter of sequential Platform WAU growth. Year-over-year Platform WAU growth accelerated to 14% from 5% in the second quarter.

The company said it delivered third-quarter results ahead of guidance. Adjusted EBITDA was $10 million, above the $6.5 million to $8 million range it had set in August. Adjusted EBITDA margin improved 7 percentage points from a year earlier.

Net loss narrowed to less than $1 million, compared with a $13 million net loss in the year-ago period, an 18-point improvement in net loss margin. Loss from operations was $4.2 million.

Chief Executive Nirav Tolia called the quarter a record and said the progress came from hundreds of improvements that compound on one another. Chief Financial Officer Indrajit Ponnambalam said Adjusted EBITDA was above the guidance range and that the fourth-quarter outlook puts full-year revenue growth in line with the low-teens range provided last quarter.

Cash, cash equivalents, and marketable securities were $382 million as of September 30, 2026. The company cited $28 million of operating cash flow so far this year and said it is keeping investing while returning capital through a buyback.

For the nine months ended September 30, revenue was $215 million. Adjusted EBITDA for those nine months was $20 million. Stock-based compensation was $14.3 million in the quarter.

Nextdoor now expects fourth-quarter revenue of $78 million to $80 million and Adjusted EBITDA of $10 million to $11 million. Full-year 2026 revenue is guided at $293 million to $295 million, with Adjusted EBITDA of $30 million to $31 million.

The company described itself as the essential neighborhood network for over 110 million verified neighbors, offering local news, safety alerts, recommendations, listings, and events.