Nextdoor Holdings shares jump 10.79% premarket on record Q3 revenue and strategic shifts boosting self-serve advertising growth.

Nextdoor Holdings surged 10.79% in premarket trading following its Q3 2025 earnings report, which highlighted record revenue of $69 million (a 5% year-over-year increase) and positive adjusted EBITDA of $4 million (6% margin). The company exceeded revenue estimates by 3.09%, with self-serve advertising growth of 33% and a strong cash position of $403 million. Management emphasized strategic shifts, including programmatic supply integrations and enhanced user-generated content, which signaled long-term growth potential despite short-term user engagement declines and reduced new user acquisition. The earnings beat and improved EBITDA margins, coupled with robust cash reserves, drove the premarket rally, overshadowing concerns about near-term user metrics.