Nextdoor reports Q4 adjusted EBITDA $3.0M vs. ($14.0M) last year

Reports Q4 revenue $65.2M, consensus $63.1M. “Our Q4 results reflect our continued progress and disciplined approach,” said Nextdoor (KIND) CEO Nirav Tolia. “We delivered positive quarterly Adjusted EBITDA for the first time as a public company, supported by continued user growth and improved performance for advertisers using our Nextdoor Ads Platform. We are now making a decisive shift from vision to execution on NEXT, our complete product transformation. We are encouraged by the useful early signals we have seen, and excited to deliver these changes by mid-2025.”