Nextdoor is where you connect to the neighborhoods that matter to you so you can belong. Companys purpose is to cultivate a kinder world where everyone has a neighborhood they can rely on. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with those nearby — neighbors, businesses, and public services. Today, neighbors rely on Nextdoor in more than 280,000 neighborhoods across 11 countries. In the U.S., nearly 1 in 3 households uses the network. Nextdoor is based in San Francisco.
Company profile
Ticker
KIND
Exchange
Website
CEO
Sarah Friar
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Khosla Ventures Acquisition Co. II
SEC CIK
Corporate docs
IRS number
861776836
KIND stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
16 Apr 24
8-K
Departure of Directors or Certain Officers
5 Apr 24
8-K
Departure of Directors or Certain Officers
29 Mar 24
S-8
Registration of securities for employees
27 Feb 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Results of Operations and Financial Condition
27 Feb 24
8-K
Nextdoor Announces Leadership Transition and Reports Preliminary Q4 2023 Financial Results
23 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Results of Operations and Financial Condition
7 Nov 23
8-K
Departure of Directors or Certain Officers
17 Oct 23
Transcripts
KIND
Earnings call transcript
2023 Q4
27 Feb 24
KIND
Earnings call transcript
2023 Q3
7 Nov 23
KIND
Earnings call transcript
2023 Q2
8 Aug 23
KIND
Earnings call transcript
2023 Q1
9 May 23
KIND
Earnings call transcript
2022 Q4
28 Feb 23
KIND
Earnings call transcript
2022 Q3
9 Nov 22
KIND
Earnings call transcript
2022 Q2
10 Aug 22
KIND
Earnings call transcript
2022 Q1
11 May 22
KIND
Earnings call transcript
2021 Q4
2 Mar 22
KIND
Earnings call transcript
2021 Q3
10 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 59.62 mm | 59.62 mm | 59.62 mm | 59.62 mm | 59.62 mm | 59.62 mm |
Cash burn (monthly) | 8.63 mm | 2.59 mm | 14.79 mm | 13.41 mm | 6.10 mm | 5.34 mm |
Cash used (since last report) | 57.48 mm | 17.28 mm | 98.56 mm | 89.38 mm | 40.62 mm | 35.56 mm |
Cash remaining | 2.14 mm | 42.34 mm | -38.95 mm | -29.76 mm | 19.00 mm | 24.05 mm |
Runway (months of cash) | 0.2 | 16.3 | -2.6 | -2.2 | 3.1 | 4.5 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 156 |
Opened positions | 21 |
Closed positions | 20 |
Increased positions | 48 |
Reduced positions | 29 |
13F shares | Current |
---|---|
Total value | 168.72 bn |
Total shares | 265.27 mm |
Total puts | 51.20 k |
Total calls | 360.00 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Benchmark Capital Partners Vi | 50.36 mm | $0.00 |
Shasta Ventures II GP | 27.36 mm | $0.00 |
Nirav N Tolia | 24.19 mm | $0.00 |
Greylock XIII Limited Partnership | 20.58 mm | $68.73 mm |
Vanguard | 12.76 mm | $23.22 bn |
Friar Sarah | 11.29 mm | $0.00 |
BLK Blackrock | 9.91 mm | $18.03 bn |
KPCB Digital Growth Fund | 8.65 mm | $68.28 mm |
Bond Capital Associates | 8.36 mm | $29.75 mm |
CMTDF Sumitomo Mitsui Trust | 8.20 mm | $14.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Heidi Andersen | Class A Common Stock | Payment of exercise | Dispose F | No | No | 1.96 | 61,797 | 121.12 k | 163,144 |
15 Apr 24 | Heidi Andersen | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 214,941 | 0.00 | 224,941 |
15 Apr 24 | Heidi Andersen | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 12,397 | 0.00 | 37,190 |
15 Apr 24 | Heidi Andersen | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 202,544 | 0.00 | 607,632 |
15 Apr 24 | John Orta | Class A Common Stock | Payment of exercise | Dispose F | No | No | 1.96 | 63,441 | 124.34 k | 662,203 |
15 Apr 24 | John Orta | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 181,721 | 0.00 | 725,644 |
15 Apr 24 | John Orta | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 171,390 | 0.00 | 514,173 |
15 Apr 24 | John Orta | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 10,331 | 0.00 | 30,991 |
15 Apr 24 | Friar Sarah | Class A Common Stock | Payment of exercise | Dispose F | No | No | 1.96 | 14,801 | 29.01 k | 536,005 |
15 Apr 24 | Friar Sarah | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 40,806 | 0.00 | 550,806 |
News
12 Communication Services Stocks Moving In Thursday's After-Market Session
7 Mar 24
Goldman Sachs Maintains Neutral on Nextdoor Holdings, Raises Price Target to $2.25
29 Feb 24
Goldman Sachs Maintains Neutral on Nextdoor Holdings, Raises Price Target to $2.25
28 Feb 24
Nextdoor Holdings: Q4 Earnings Insights
27 Feb 24
Nextdoor Holdings Q4 2023 GAAP EPS $(0.10), Inline, Sales $55.56M Beat $51.19M Estimate
27 Feb 24
Press releases
Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before April 29, 2024 to Discuss Your Rights - KIND
19 Apr 24
Levi & Korsinsky Notifies Shareholders of Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II(KIND) of a Class Action Lawsuit and an Upcoming Deadline
18 Apr 24
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nextdoor Holdings
18 Apr 24
KIND INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
18 Apr 24
SHAREHOLDER ALERT: Nextdoor Holdings Sued for Securities Law Violations; Investors Should Contact Block & Leviton for More Information
17 Apr 24