Nextdoor reported third quarter 2026 revenue of $79 million, exceeding analyst expectations and representing a 14% year-over-year increase. The company demonstrated significant progress toward profitability, narrowing its net loss to less than $1 million and delivering Adjusted EBITDA well above the top end of management's previous guidance range.

Key Highlights

  • Platform Weekly Active Users (WAU) increased 14% year-over-year to 24.5 million, marking the third consecutive quarter of sequential growth.
  • Adjusted EBITDA reached $10.3 million, outperforming the guided range of $6.5 million to $8.0 million and reflecting a 7-point year-over-year margin improvement.
  • Management narrowed full-year 2026 revenue guidance to between $293 million and $295 million, supported by a Q4 revenue outlook of $78 million to $80 million.