Nextdoor Holdings Inc. (KIND) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
420 TAYLOR STREET SAN FRANCISCO, CA 94012 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 531,101 | 583,303 | 715,811 | |||
| Cash and cash equivalents | 60,233 | 55,236 | 521,812 | |||
| Short-term investments | 470,868 | 528,067 | 193,999 | |||
| Receivables | 26,233 | 29,770 | 29,673 | |||
| Other undisclosed current assets | 9,606 | 12,185 | 16,259 | |||
| Total current assets: | 566,940 | 625,258 | 761,743 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 56,968 | 52,555 | 59,422 | |||
| Property, plant and equipment | 8,082 | 11,818 | 12,545 | |||
| Intangible assets, net (including goodwill) | 2,512 | 4,278 | 6,046 | |||
| Goodwill | 1,211 | 1,211 | 1,211 | |||
| Intangible assets, net (excluding goodwill) | 1,301 | 3,067 | 4,835 | |||
| Restricted cash and investments | 11,171 | |||||
| Other noncurrent assets | 8,891 | 5,653 | 330 | |||
| Total noncurrent assets: | 87,624 | 74,304 | 78,343 | |||
| TOTAL ASSETS: | 654,564 | 699,562 | 840,086 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 29,203 | 26,897 | 21,607 | |||
| Accounts payable | 1,895 | 4,535 | 6,163 | |||
| Accrued liabilities | 27,308 | 22,362 | 15,444 | |||
| Deferred revenue | ||||||
| Other undisclosed current liabilities | 6,208 | 7,766 | 11,896 | |||
| Total current liabilities: | 35,411 | 34,663 | 33,503 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation: | 61,598 | |||||
| Liabilities, other than long-term debt | 60,596 | 53,831 | ||||
| Other liabilities | 218 | |||||
| Operating lease, liability | 60,378 | 53,831 | 61,598 | |||
| Other undisclosed noncurrent liabilities | (61,598) | |||||
| Total noncurrent liabilities: | 60,596 | 53,831 | 61,598 | |||
| Total liabilities: | 96,007 | 88,494 | 95,101 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 558,557 | 611,068 | 744,985 | |||
| Additional paid in capital | 1,323,595 | 1,231,482 | 1,225,815 | |||
| Accumulated other comprehensive income (loss) | 943 | (2,196) | (529) | |||
| Accumulated deficit | (766,020) | (618,255) | (480,339) | |||
| Other undisclosed equity, attributable to parent | 39 | 37 | 38 | |||
| Total equity: | 558,557 | 611,068 | 744,985 | |||
| TOTAL LIABILITIES AND EQUITY: | 654,564 | 699,562 | 840,086 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 218,309 | 212,765 | 192,197 | ||
| Cost of revenue | (41,613) | (38,981) | (28,813) | ||
| Gross profit: | 176,696 | 173,784 | 163,384 | ||
| Operating expenses | (348,980) | (317,988) | (258,190) | ||
| Operating loss: | (172,284) | (144,204) | (94,806) | ||
| Nonoperating income (expense) | 25,275 | 7,961 | (362) | ||
| Investment income, nonoperating | 25,780 | 9,304 | 177 | ||
| Other nonoperating income (expense) | (505) | (1,343) | (539) | ||
| Loss from continuing operations before income taxes: | (147,009) | (136,243) | (95,168) | ||
| Income tax expense | (756) | (1,673) | (157) | ||
| Loss from continuing operations: | (147,765) | (137,916) | (95,325) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (95,325) | |
| Net loss available to common stockholders, diluted: | (147,765) | (137,916) | (95,325) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (147,765) | (137,916) | (95,325) | ||
| Comprehensive loss: | (147,765) | (137,916) | (95,325) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 3,139 | (1,667) | 268 | ||
| Comprehensive loss, net of tax, attributable to parent: | (144,626) | (139,583) | (95,057) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.