NYSE$NXDR
Nextdoor Holdings Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Revenue grew and user engagement increased.
Nextdoor's Q3 2021 saw a 66% year-over-year revenue increase to $52.7 million and a 20% increase in Weekly Active Users (WAU) to 33 million. The company also completed its transaction with Khosla Ventures Acquisition Co. II, raising gross proceeds of $674M.
- Q3 revenue grew 66% year-over-year to $52.7M.
- Average total global Weekly Active Users (WAU) increased by 20% year-over-year to 33 million.
- Global average revenue per WAU (ARPU) increased 38% year-over-year.
- Completed transaction with Khosla Ventures Acquisition Co. II, raising gross proceeds of $674M.
Headline financials
Revenue & EPS history
Nextdoor · Revenue · Quarterly
-$100K
Forward guidance
Nextdoor expects full year 2021 revenue growth to accelerate and adjusted EBITDA to improve.
Tailwinds
- Full year 2021 revenue growth to accelerate to between 50% to 52% relative to full year 2020 growth of 49%.
- Prior full year 2021 year-over-year revenue growth guidance of 47%.
- Adjusted EBITDA for full year 2021 is estimated to be between ($48M) and ($47M).
- Adjusted EBITDA improved compared to ($50M) in 2020.
- Building on the momentum in Q3.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
-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 | — | — | — |
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