Nextdoor reports Q3 revenue $69M, consensus $66.5M

Platform Weekly Active Users 21.6 million decreased 3% year-over-year. “We saw steady execution and progress in Q3, delivering our highest-ever quarterly revenue,” said Nextdoor (NXDR) CEO Nirav Tolia. “Our financial and operational discipline continue to drive growth and expand non-GAAP profitability, and we remain on track to reach full-year Adjusted EBITDA breakeven in 2026. Self-serve remains our growth engine, representing nearly 60% of our Q3 revenue, as advertisers continue to benefit from performance improvements unlocked by our Nextdoor Ads Platform. With the new Nextdoor live in market, we continue to test and optimize for stronger engagement, improved monetization, and a reenergized user base over the long-term.”