Financial Data and Key Metrics Changes - Revenue grew 2% year-over-year to $54 million, reflecting continued headwinds in advertising spend across various customers [13][24] - Adjusted EBITDA for Q3 was a loss of $18 million, representing a negative 34% margin, primarily due to near-term deleveraging as revenue growth remains unpredictable [27] - Q3 ARPU declined 12% year-over-year to $1.41, attributed to stronger WAU growth and lower monetization from SMB customers [26] Business Line Data and Key Metrics Changes - Weekly Active Users (WAU) grew by 17% year-over-year and 4% sequentially, with over 1 million net new WAU added quarter-over-quarter [8][22] - Sessions growth exceeded WAU growth, indicating increasingly frequent engagement, with a 15% sequential increase in sessions [10][46] - The majority of advertisers' spend in Q3 was on direct response campaigns, although there were strong brand partnerships as well [25] Market Data and Key Metrics Changes - Continued headwinds in advertising spend were noted, particularly in financial services and real estate, while pockets of strength were observed in mid-market advertisers [13][14] - The company expanded its third-party measurement partnerships to help advertisers understand the efficacy of their spend [15] Company Strategy and Development Direction - The company is focused on product development, enhancing community value, and helping advertisers achieve their goals amidst a challenging advertising environment [7] - Investments in machine learning and AI are expected to drive greater engagement and improve targeting for advertisers [9] - The company is evolving its sales strategy to focus on recession-resilient verticals such as healthcare and government [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging global economic backdrop and emphasized the importance of their platform for neighbors, businesses, and public agencies [19][20] - The company is adjusting its Q4 2022 revenue expectation to between $50 million and $52 million, indicating a cautious approach in light of current market conditions [28][30] - Management remains optimistic about long-term growth opportunities despite near-term revenue variability [20][30] Other Important Information - The company ended the quarter with $604 million in cash, cash equivalents, and marketable securities, indicating strong capital for future investments [27] - A share repurchase program was authorized, with over $77 million of Class A common stock repurchased [27][73] Q&A Session Summary Question: WAU growth and sequential changes - Management noted that WAU growth was driven by investments in machine learning and AI, improved notifications, and new features like native maps and Faves [34][35][36] Question: Drivers of session growth - Management highlighted that engaged segments are growing, with a 50% year-over-year increase in engagement, contributing to session growth [47][48] Question: Advertiser growth and macro backdrop - Management indicated that while there are headwinds in spend per advertiser, retention rates are strong, and they are focused on attracting new advertisers [68][69] Question: Stock-based compensation management - Management explained that stock-based compensation is influenced by team growth and seniority, with plans to manage headcount flat in the near term [71] Question: Oracle partnership and measurement - Management discussed the importance of third-party measurement partnerships for demonstrating ad performance, particularly for larger enterprises and mid-market advertisers [81][84]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40246 Nextdoor Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1776836 (State or Other Jur ...

Financial Data and Key Metrics Changes - Q2 revenue was $55 million, representing a 19% year-over-year increase [22] - Weekly Active Users (WAU) grew 26% year-over-year to approximately 37 million [22] - Global Average Revenue Per User (ARPU) declined 6% year-over-year to $1.48, but increased 6% quarter-over-quarter [27] - Adjusted EBITDA for Q2 was a loss of $20 million, reflecting a negative margin of 37% [27] - Cash and marketable securities at the end of the quarter totaled $666 million [28] Business Line Data and Key Metrics Changes - Advertiser demand remained strong in sectors like home services, despite some budget reductions due to macroeconomic conditions [8][22] - Performance-focused campaigns comprised over 60% of managed spend in Q2 [24] - Mid-market advertisers showed outsized growth on the platform [25] - Continued resilience in core verticals such as home services and recovery in travel, but softness noted in financial services and retail [26] Market Data and Key Metrics Changes - WAU growth outside the US exceeded 50% year-over-year for the second consecutive quarter [22] - Significant progress in international markets, with notable growth in the UK [11] Company Strategy and Development Direction - The company is shifting focus towards new neighbor growth while maintaining engagement with existing users [10][17] - Plans to enhance the ad platform for small and mid-sized businesses, providing broader access to ad formats and improved performance tracking [15][42] - Emphasis on community and utility as differentiators from other social media platforms [40] Management's Comments on Operating Environment and Future Outlook - Management acknowledged increased macroeconomic uncertainty and the potential for a recession [6] - The company remains committed to its long-term growth opportunities despite anticipated tightening in advertiser budgets [31] - Adjusted full-year 2022 revenue guidance is set between $220 million and $225 million, reflecting a year-over-year growth rate of 16% at the midpoint [29] Other Important Information - The company has authorized a share repurchase program and repurchased $10.5 million of Class A common stock in Q2 [28] - Management highlighted the importance of brand awareness and partnerships to drive user growth [59] Q&A Session Summary Question: Visibility into advertising spend for the upcoming quarters - Management indicated that visibility is based on current customer budgets and macroeconomic conditions, emphasizing the need for prudence in guidance [36] Question: Variability in revenue from moving SMB advertisers to the new ad serving platform - Management noted that the transition may introduce some revenue variability as features are added to the platform [44] Question: Strategy for growing WAUs moving forward - Management stated that while WAU growth was strong, there is a need to focus on top-of-funnel strategies, including partnerships and brand awareness initiatives [55][58]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40246 Nextdoor Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1776836 (State or Other Jurisdic ...

Nextdoor Holdings, Inc. (NYSE:KIND) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Participants Matt Anderson - IR Sarah Friar - CEO Michael Doyle - CFO Conference Call Participants Mark Mahaney - Evercore Eric Sheridan - Goldman Sachs Chloe Currie - Morgan Stanley Operator Good afternoon. Thank you for attending today's Nextdoor First Quarter 2022 Financial Results. My name is Tamiya, and I will be your moderator for today's call. I would now like to pass the conference over to our host, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40246 Nextdoor Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1776836 (State or Other Jurisdicti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40246 Nextdoor Holdings, Inc. (Exact name of Registrant as specified in its Charter) Delaware 86-1776836 (State or Other Jurisdiction ...

Nextdoor Holdings, Inc. (NYSE:KIND) Q4 2021 Earnings Conference Call March 1, 2022 5:00 PM ET Company Participants Matt Anderson - Head of Investor Relations Sarah Friar - CEO Mike Doyle - CFO Conference Call Participants Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Brian Fitzgerald - Wells Fargo Mark Mahaney - Evercore Operator Good afternoon. Thank you for attending today's Nextdoor Q4 2021 Earnings Call. My name is Tanya, and I will be your moderator for today's call. [Operator Instructions ...

For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Khosla Ventures Acquisition Co. II (Exact name of registrant as specified in its charter) Delaware 001-40246 86-1776836 (State or other jurisdic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Khosla Ventures Acquisition Co. II (Exact name of registrant as specified in its charter) Delaware 001-40246 85-1776836 (State or other jurisdiction ...