Nextdoor (US:KIND)2025-11-05 21:07Financial Performance - Revenue for Q3 2025 was $69 million, representing a 5% year-over-year increase[4] - GAAP net loss for the quarter was $13 million, an improvement from a net loss of $15 million in the same period last year[4] - Adjusted EBITDA for Q3 2025 was $4 million, compared to a loss of $1 million in Q3 2024, reflecting an 8 percentage point year-over-year margin improvement[4] - Adjusted EBITDA margin for Q3 2025 was 6%, compared to a negative margin of 2% in Q3 2024[5] - The company reiterated its path to achieving full-year adjusted EBITDA breakeven in FY 2026[4] User Engagement - Platform Weekly Active Users (WAU) decreased by 3% year-over-year to 21.6 million[4] - The company is focused on optimizing user engagement and monetization with the new Nextdoor live platform[2] Revenue Sources - Self-serve advertising accounted for nearly 60% of Q3 revenue, driven by performance improvements from the Nextdoor Ads Platform[2] Leadership Changes - Indrajit Ponnambalam was appointed as Chief Financial Officer, effective December 1, 2025[2] Cash Position - Ending cash, cash equivalents, and marketable securities totaled $403 million as of September 30, 2025[4]