Nextdoor Holdings, Inc. Q4 2025 Earnings Call Summary

Management attributes the successful turnaround to a shift from entertainment-focused scrolling to a utility-centric model built on a verified address-based neighborhood graph. The company achieved positive adjusted EBITDA for the full year 2025, twelve months ahead of schedule, driven by structural operational changes and disciplined cost management. Revenue growth of 7% was primarily fueled by the self-serve advertiser platform, which now accounts for approximately 60% of total revenue. Management ...