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KIND (Nextdoor Holdings) Net Income : $-126.5 Mil (TTM As of Sep. 2024)


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What is Nextdoor Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Nextdoor Holdings's Net Income for the three months ended in Sep. 2024 was $-14.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-126.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Nextdoor Holdings's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.04.


Nextdoor Holdings Net Income Historical Data

The historical data trend for Nextdoor Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nextdoor Holdings Net Income Chart

Nextdoor Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-73.28 -75.23 -95.33 -137.92 -147.77

Nextdoor Holdings Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.12 -40.53 -28.26 -42.78 -14.90

Nextdoor Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Nextdoor Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-147.009+-0.756+0+0
=-147.8

Nextdoor Holdings's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-14.73+-0.168+0+0
=-14.9

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-126.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nextdoor Holdings  (NYSE:KIND) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Nextdoor Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Nextdoor Holdings Net Income Related Terms

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Nextdoor Holdings Business Description

Traded in Other Exchanges
N/A
Address
420 Taylor Street, San Francisco, CA, USA, 94102
Nextdoor Holdings Inc is the platform to connect to the neighborhoods. The purpose is to cultivate a kinder world where everyone has a neighborhood. 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 nearby neighbors, businesses, and public services.
Executives
John Orta officer: Head of Legal and Secretary C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94012
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Greylock 16 Gp Llc other: Member of 10% owner group 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
David L Sze director GREYLOCK, 880 WINTER STREET SUITE 300, WALTHAM MA 02451
Mary G Meeker director 2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Pressman director 2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock 16 Limited Partnership other: Member of 10% owner group 1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16-a Limited Partnership other: Member of 10% owner group 1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16 Principals Lp other: Member of 10% owner group 1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Shasta Ventures Ii Gp, Llc 10 percent owner 2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock Discovery Fund Llc 10 percent owner 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Sarah Friar director, officer: CEO and President C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Andrea M Wishom director 651 BRANNAN ST., SAN FRANCISCO CA 94107
Benchmark Capital Management Co. Viii, L.l.c. 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Benchmark Capital Partners Viii, L.p. 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062