How did Nextdoor Holdings' revenue and expenses trend in Q4 2024?
5/8/2025 04:23pm
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.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|KIND|KIND.N|Nextdoor Holdings|2024 Q1|22.222222222222214|-0.07|169|
|KIND|KIND.N|Nextdoor Holdings|2024 Q2|-22.222222222222225|-0.11|169|
|KIND|KIND.N|Nextdoor Holdings|2024 Q3|60|-0.04|169|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Gross Profit|Total Revenue|Advertising and Marketing Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|
|KIND|KIND.N|Nextdoor Holdings|2024 Q1|4.6598E7|3.1319E7|4.3168E7|5.3146E7||169|
|KIND|KIND.N|Nextdoor Holdings|2024 Q2|7.0926E7|3.1102E7|5.3012E7|6.3292E7||169|
|KIND|KIND.N|Nextdoor Holdings|2024 Q3|4.3361E7|3.1897E7|5.4481E7|6.561E7||169|
|KIND|KIND.N|Nextdoor Holdings|2024 Q4|3.8241E7|3.3621E7|5.4765E7|6.5228E7||169|
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.