Nextdoor Reports Q3 2026 Revenue Growth and Record Weekly Active Users
Nextdoor Holdings, Inc. (NXDR) delivered a strong third quarter for 2026, reporting revenue of $78.8 million, a 14% increase year-over-year that exceeded management's previous guidance. The company achieved an all-time high in Weekly Active Users (WAU), reaching 24.5 million, marking the third consecutive quarter of sequential growth driven by improved feed personalization and notification relevance. Financial efficiency improved significantly, with Adjusted EBITDA rising to $10.3 million compared to $4.4 million in the prior year period. The company's self-serve advertising channel has become a primary driver, now accounting for 69% of total revenue. Despite slight pressure on ARPU due to the reactivation of dormant users, Nextdoor maintains a strong liquidity position with $382 million in cash and no outstanding debt.
Topics: EBITDA Financial Performance Revenue Growth User Growth