ZYBERNO
Stock Report
Updated Sep 1, 2026

Nextdoor Holdings, Inc (NXDR)

Technology • NYSE

$2.27

Professional Investment Analysis

ZYBERNO SCORE
Is it a great business? Is it getting better?
44.0/100
WEAK BUSINESS
Nextdoor Holdings, Inc (NXDR) scores 44/100 — weak fundamentals with mixed indicators requiring careful analysis before acting.
📊 How is the Zyberno Score calculated? +
VALUATION SIGNAL
MARGIN OF SAFETY
Is this stock cheap or expensive relative to what the business has historically generated for owners?
-100.0%
Overvalued
Growth gap unavailable — insufficient data for reverse DCF calculation.
🎯 Expected Annual Return
-55.7%
Margin of Safety convergence — your return if the market re-prices to intrinsic value (5-yr annualised)
0.4%
Yield + growth — what the business alone earns you, even if the market never re-rates
💰 How is Margin of Safety calculated? +
📈 How is Brina Gap calculated? +

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-7.3%)
Debt-to-Equity (Solvency Risk):EXCELLENT (0.13x)
Operating Margin (Operational Efficiency):CRITICAL (-16.6%)
Return on Capital (Capital Efficiency):CRITICAL (-9.1%)
📊 Valuation Trilogy
Three interconnected metrics for complete valuation analysis
Click any metric for full methodology and detailed analysis
Zyberno's Verdict

Nextdoor Holdings, Inc (NXDR) stock report — Zyberno Score 44/100 (WEAK BUSINESS), Margin of Safety -100.0%, -56% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, Nextdoor Holdings, Inc (NXDR) trades at $2.27 against an estimated intrinsic value per share of $0.09 — a -100.0% Margin of Safety based on Owner Earnings of $6.73M TTM, projected at -16.3% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of -55.7% annually.

Over the trailing twelve months, NXDR generated $6.73M in Owner Earnings. Capital was deployed as follows: $28.66M returned via share buybacks, $622.00K invested in capital expenditures. Reinvestment rate: 4.0%. Owner Earnings have declined at 16.3% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY
A. Market Valuation

Market Price & Capitalization (2)

Current Price:2.27
Market Cap:$865.00M

Valuation Multiples (3)

P/B Ratio:2.11x
P/S Ratio:3.15x
Peg Ratio:-999.00x

Enterprise Metrics (2)

Enterprise Value:$829.14M
Pfcf Ratio:128.57x

Price Action & Momentum (3)

Momentum Percentile:75 / 100
% of 52-Week High:61.0%
B. Profitability Assessment

Return Metrics (5)

ROA:-6.4%
Reinvestment Rate:4.0%
Fundamental Growth Rate (g):-0.4%

Margin Analysis (3)

Operating Margin Ttm:-16.6%
Net Margin Ttm:-11.1%
Ebitda Margin:-16.0%

TTM Performance (3)

Gross Margin Ttm:84.2%
Operating Margin Ttm:-16.6%
Net Margin Ttm:-11.1%

Yield Metrics (3)

Earnings Yield:-$3.52
Owner Earnings Yield:$0.78
Dividend Yield:0.0%
C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

EPS Surprise vs Expected:51.9%
Latest Earnings Filed:2026-08-04

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):8.4%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):-15.6%
Operating Cash Flow Growth Rate (Linear):-15.8%
D. Financial Stability

Liquidity Ratios (3)

Current Ratio:13.27x
Quick Ratio:13.27x
Cash Ratio:1.98x

Leverage Analysis (3)

Debt To Equity Ttm:0.13x
Debt-to-Equity Ratio:0.13x
Debt To Ebitda:-999.00x

Coverage Ratios (1)

Times Interest Earned:-999.00

Capital Structure (4)

Working Capital:393,596,000.00
Cash And Cash Equivalents:63,551,000.00
Long Term Debt:$18.85M
Net Debt:-$35.86M
DIVISION II: FINANCIAL STATEMENTS ANALYSIS
A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $274.60M
Linear Growth: 8.4%
📊 Click to view full NXDR Revenue analysis & methodology →
Cost Of Revenue Ttm:$43.42M

Profitability Breakdown (2)

Gross profit TTM: $231.18M
Linear Growth: 9.7%
📊 Click to view full NXDR Gross Profit analysis & methodology →
-$45.65M

Bottom Line Performance (3)

-$30.43M
Income Before Tax:-$28.78M
Ebitda Ttm:-43,902,000.00

Operating Expenses (5)

Operating Expenses:320,249,000.00
R And D Expense:132,090,000.00
Sga Expense:59,456,000.00
Income Tax Expense:$1.65M
Interest Expense:0.00

Expense Ratios (3)

R And D To Revenue Percentage:177.2%
Sga To Revenue Percentage:79.7%
Ebitda Margin:-16.0%
B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$461.86M
Current Assets:$425.69M
Ppe Net:1,282,000.00
Goodwill:1,211,000.00
Intangible Assets:$96.00K

Liability Structure (4)

Total Liabilities:51,238,000.00
Current Liabilities:32,090,000.00
Long Term Debt:$18.85M
Short Term Debt:$8.84M

Equity & Capital (3)

Equity:$410.63M
Retained Earnings:-$931.83M
Common Stock:375,788,212.00

Working Capital Items (3)

Accounts Receivable:37,974,000.00
Inventory:0.00
Accounts Payable:20,982,000.00

Special Items (2)

Contract Liabilities:6,900,000.00
Stock Based Compensation:14,873,000.00
C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $7.35M
Linear Growth: -15.8%
Free cash flow TTM: $6.73M
Linear Growth: -15.6%
📊 Click to view full NXDR Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:$22.71M
Capital Expenditures Ttm:622,000.00

Financing Activities (3)

Financing Cash Flow:-$31.93M
Dividends Paid Ttm:0.00
Stock Repurchase:28,659,000.00

Capital Transactions (3)

Common Stock Issuance:418,000.00
Long Term Debt Issuance:$0.00
Long Term Debt Repayments:$0.00

Non-Cash Items (1)

Depreciation Amortization Ttm:1,747,000.00
DIVISION III: OPERATIONAL METRICS
A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):-0.08
-$0.08
Earnings Per Share Ttm:-$0.08

Revenue & Cash Per Share (3)

Sales Per Share Ttm:0.72
Operating Cash Flow Per Share:$0.02
Fcf Per Share Ttm:0.02

Book Value & Capital (2)

Book Value Per Share:$1.08
Cash Per Share:0.17

Dividend Policy (1)

Dividend Payout Ratio:-999.00x
B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.58x
Working Capital Turnover Ttm:0.70x

Receivables Management (2)

Receivables Turnover Ttm:7.23x
Days Sales Outstanding Ttm:50.48

Inventory Management (2)

Inventory Turnover Ttm:-999.00x
Days Inventory Outstanding Ttm:-999.00

Payables & Cash Cycle (2)

Days Payable Outstanding:176.38
Cash Conversion Cycle:-1,124.90
C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:100.00
Quality Score:50.00

Market Metrics (2)

Beta:0.00x
Volatility Category:unknown
DIVISION IV: INVESTMENT ANALYSIS
A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $6.73M
Linear Growth: -16.3%
📊 Click to view full NXDR Owner Earnings analysis & methodology →
Owner Earnings Per Share:$0.02
Owner Earnings Yield:$0.78

Growth Assessment (1)

Owner Earnings Growth Rate:-$16.32

Damodaran Growth Analysis (2)

Reinvestment Rate:4.0%
Fundamental Growth Rate (g):-0.4%

Intrinsic Value Models (1)

Return Scenarios (2)

Investment Assessment (1)

Buffett Assessment:Overvalued
B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (1)

Revenue Growth Rate (Linear):8.4%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):-15.6%
Operating Cash Flow Growth Rate (Linear):-15.8%

Other Growth Rates (3)

Gross Profit Growth Rate (Linear):9.7%
Book Value Growth Rate (Linear):-13.0%
Owner Earnings Growth Rate:-$16.32
C. Company Profile & Context

Corporate Information (6)

Symbol:NXDR
Company Name:Nextdoor Holdings, Inc
Sector:Technology
Industry:Software Development
Exchange:NYSE
Country:United States

Market Classification (3)

Market Cap Category:N/A
Price Category:low
Volume Category:N/A

Share Structure (3)

Shares Outstanding:381.06M
Shares Outstanding Basic:381.06M
Shares Outstanding Diluted:381.06M

Data Processing Info (3)

Processing Version:v3.0
Last Updated:2026-09-01 11:10:08 UTC
Data Timestamp:2026-09-01T11:10:08.220501
Scroll to Top