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Nextdoor Enhances Platform to Support Local Businesses
Nextdoor announced major improvements to the platform that will make it easier for neighbors to find local businesses around them. This overhaul will not only benefit neighbors looking for local business recommendations but will also help businesses build their local reputation in the U.S., Canada, and United Kingdom. "Local businesses have always grown through word of mouth. Online, though, reviews can be bought, manipulated, or faked," said Nextdoor CEO and Co-Founder Nirav Tolia. "Nextdoor's approach mirrors the value of real word of mouth: a real neighbor, in a real neighborhood, sharing a business they've actually used. By surfacing those recommendations more prominently, Nextdoor is helping neighbors discover great local businesses and helping those businesses earn a reputation that can't be bought."
Sees FY26 Adjusted EBITDA Margin Roughly 10%
Sees FY26 adjusted EBITDA margin roughly 10%.
Sees Q3 Adjusted EBITDA of $6.5M-$8M
Sees Q3 adjusted EBITDA $6.5M-$8M.
Nextdoor Reports Landmark Q2 with Record Performance
"Q2 was a landmark quarter for Nextdoor, with record Platform WAU and the strongest financial performance in our company's history," said Nextdoor CEO and Co-Founder Nirav Tolia. "Nextdoor is at its best when neighbors help neighbors, and this quarter we saw that translate into more contributions, better content, deeper engagement, and meaningful operating leverage."
Nextdoor Board Authorizes $100M Buyback
Nextdoor board authorizes $100M buyback
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