Nextdoor (US:KIND)2025-08-07 21:00Q2 2025 Performance - Nextdoor's Platform Weekly Active Users (WAU) grew modestly by 1% year-over-year to 22 million[29] - Revenue increased by 3% year-over-year to $65 million, with self-serve revenue growing 27% year-over-year and representing nearly 60% of Q2 revenue[29, 47] - Net margin improved by 4 percentage points year-over-year, while Adjusted EBITDA margin improved by 6 percentage points year-over-year[29] - The company repurchased 37 million shares in Q2[58] Financial Outlook - The company expects Q3 2025 revenue to be $66 million, representing 0% year-over-year change[59] - The company anticipates an Adjusted EBITDA loss of $5 million for Q3 2025, with an Adjusted EBITDA margin of -8%[59] - Nextdoor aims to achieve quarterly adjusted EBITDA breakeven in Q4 2025 and full-year adjusted EBITDA breakeven in fiscal year 2026[59, 60] Financial Health - The company's balance sheet shows $413 million in cash, cash equivalents, and marketable securities at the end of Q2[57] - Net loss for the quarter was $15362 million, with a net loss margin of -24%[50, 65] - Adjusted EBITDA for the quarter was a loss of $2247 million, representing a -3% margin[54, 73]