Nextdoor (US:KIND)2025-11-05 22:00Q3 2025 Performance - Nextdoor's Platform Weekly Active Users (WAU) reached 216 million, a modest 1% sequential decline due to reduced notifications aimed at improving usage quality[8] - Revenue for Q3 2025 was $69 million, representing a 5% year-over-year increase, driven by strong demand from self-serve advertisers[8, 11] - The self-serve channel experienced significant growth, with a 33% year-over-year increase, accounting for nearly 60% of the total Q3 revenue[8, 11] - Nextdoor reported a net loss of $13 million in Q3 2025, but the net loss margin improved by 4 percentage points year-over-year to (19%)[8, 20, 21] - Adjusted EBITDA for Q3 2025 was $4 million, resulting in a 6% margin, an 8 percentage point improvement year-over-year[8, 24] Productivity and Financial Outlook - Revenue per Full-Time Equivalent (FTE) has improved by 21% year-to-date, indicating increased productivity[27] - Nextdoor has a strong balance sheet with $403 million in cash, cash equivalents, and marketable securities at the end of Q3[27] - The revenue outlook for Q4 2025 is projected to be between $67 million and $68 million, representing a 3-4% year-over-year increase[28] - Adjusted EBITDA for Q4 2025 is expected to be between $35 million and $45 million, with an adjusted EBITDA margin of 5-7%, a potential increase of 0-2 percentage points year-over-year[28] - Nextdoor anticipates achieving full-year adjusted EBITDA breakeven in 2026[29]