NYSE$NXDR
Nextdoor Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Revenue increased due to neighbor engagement and US Newsfeed eCPMs, WAU grew reflecting acceleration, and ARPU grew due to session frequency and ad pricing.
Nextdoor's Q1 2022 showed strong growth with revenue increasing by 48% year-over-year to $51 million and weekly active users growing by 33% year-over-year to 36.7 million. ARPU also increased by 12% year-over-year to $1.39.
- Q1 revenue grew 48% year-over-year to $51M, driven by increased neighbor engagement and strong U.S. Newsfeed eCPMs.
- Q1 Weekly Active Users (WAU) grew 33% year-over-year to 36.7 million, reflecting a third consecutive quarter of acceleration, with continued momentum internationally.
- Q1 ARPU grew 12% year-over-year to $1.39, driven by increases in session frequency per WAU and ad pricing.
- Neighbors are increasingly engaged in their local communities, actively participating as a result of connections and recommendations made online.
Headline financials
Revenue & EPS history
Nextdoor · Revenue · Quarterly
$51M
Forward guidance
Nextdoor provided guidance for Q2 2022 and FY 2022.
Tailwinds
- Q2 2022 Revenue is expected to be between $54M–$56M.
- FY 2022 Revenue is expected to be between $252M–$256M.
- Focus remains on growing base of neighbors and organizations.
- Increasing engagement on the platform.
- Delivering strong revenue performance to support reinvestment into the business for long-term growth.
Headwinds
- Q2 2022 Adjusted EBITDA loss is expected to be between $21M–$19M.
- FY 2022 Adjusted EBITDA margin is expected to be (18%).
- Broadened the range in light of the current macro environment.
- Stock-based compensation expense is impacted by the future fair market value of our common stock and other factors, all of which are difficult to predict, subject to frequent change, or not within our control.
- The actual amount of these expenses during 2022 will have a significant impact on our future GAAP financial results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2022
-3.6%
Avg return
Earnings day
-2.2%
Avg return
5 days after
-2.1%
Avg return
30 days after
43%
9 / 21 earnings
Positive
+17.6%
Q1 2023
Best reaction
-30.2%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | +15.7% | +24.1% | |
| Q4 2025 | +4.9% | +1.8% | -13.3% | |
| Q3 2025 | -1.8% | +0.0% | +13.4% | |
| Q1 2025 | -7.4% | -7.9% | +7.3% | |
| Q4 2024 | -28.9% | -28.9% | -37.3% | |
| Q3 2024 | +13.6% | +2.4% | +7.2% | |
| Q2 2024 | +6.3% | -6.2% | -11.7% | |
| Q1 2024 | +11.8% | +2.3% | +7.3% | |
| Q4 2023 | +2.5% | +21.5% | +23.3% | |
| Q3 2023 | -13.7% | -18.9% | -6.9% | |
| Q2 2023 | -17.2% | -19.5% | -32.3% | |
| Q1 2023 | +17.6% | +11.2% | +42.4% | |
| Q4 2022 | -8.5% | -5.7% | -2.8% | |
| Q3 2022 | -13.1% | +11.4% | -14.8% | |
| Q2 2022 | -30.2% | -21.2% | -19.1% | |
| Q1 2022 | -12.0% | -1.5% | +1.8% | |
| Q4 2020 | +13.1% | +17.2% | +5.9% | |
| Q4 2021 | -2.9% | -14.0% | -4.5% | |
| Q3 2021 | -9.9% | -1.0% | -29.3% | |
| Q2 2021 | +1.6% | — | — | |
| Q1 2021 | +0.4% | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro