How did Nextdoor Holdings' revenue and expenses trend in Q4 2024?

Nextdoor Holdings' revenue and expenses in Q4 2024 showed a notable increase in revenue with a slight rise in expenses compared to the previous quarter.

1. Revenue Trend: The company's total revenue for Q4 2024 was $65.23 million. This is a notable increase from the $65.6 million reported in Q3 2024, indicating a positive trend in revenue generation.
2. Expense Trend: The Gross Margin for Q4 2024 was 83.08%, which is a strong indicator of efficient cost management. However, R&D Expenses were $33.62 million, and Selling, General, and Administrative Expenses were $38.24 million. Compared to Q3 2024, where R&D Expenses were $33.5 million and Selling, General, and Administrative Expenses were $34.5 million, there is a slight increase in these expenses.

1/2

KIND Diluted EPS YoY, Diluted EPS

In conclusion, Nextdoor Holdings saw a positive revenue trend in Q4 2024 with a slight increase in expenses, which was managed effectively as evidenced by the gross margin.