NYSE$NXDR

Nextdoor Holdings Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Revenue increased driven by neighbor engagement and advertiser demand, and Weekly Active Users (WAU) increased.

Nextdoor's Q4 2021 revenue grew 48% year-over-year to $59 million. Weekly Active Users (WAU) increased by 32% year-over-year to 36 million. Adjusted EBITDA margin increased 6 points year-over-year.

  • Q4 revenue grew 48% year-over-year to $59M, driven by the continued increase in neighbor engagement as well as healthy advertiser demand across customer sizes and objectives.
  • Q4 Weekly Active Users (WAU) accelerated for a second straight quarter, increasing by 32% year-over-year to 36 million.
  • Q4 Adjusted EBITDA margin increased 6 points year-over-year, driven by strong topline growth and operating expense leverage.
  • In Q4, 52% of neighbors globally were active weekly, reflecting an increase of 5 percentage points year-over-year and an all-time high.

Headline financials

Total Revenue

$59.3M

Previous: $123M-51.9%
EPS (adj)

-$0.11

Previous: -$0.83+86.7%
Capital Expenditures

$757K

Previous: $5.02M-84.9%
Free Cash Flow

-$18.7M

Previous: -$46.6M+59.8%
Net Income

-$29.3M

Previous: -$14.9M-96.3%
Operating Income

-$29.3M

Previous: -$15.4M-90.1%
Gross Profit

$50.8M

Previous: $33.7M+50.8%
Cash & Equivalents

$522M

Previous: $83.6M+523.9%
Total Assets

$840M

Previous: $218M+285.8%
Stock-Based Comp

$20.5M

Previous: $22.6M-9.1%

Revenue & EPS history

Nextdoor · Revenue · Quarterly

$59.3M

Q4 2021-51.9%vs Q4 2020
Beat estimate in 8 of 9 quarters(89%)
ActualEstimate

Forward guidance

Revenue is expected to be $48M. Adjusted EBITDA loss is expected to be $23M.

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 Q4 2021

Historical avgQ4 2021

-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

Earnings price reactions
QuarterReport dateReaction (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