The company maintains a conservative capital structure with a debt-to-equity ratio of 0.07 as of 2026Q1, providing significant financial flexibility despite an accumulated deficit of -$929.7 million.
| Total Current Assets | 415.92M | 448.24M | 466.69M | 566.94M | 625.26M | 761.74M | 165.35M | 199.29M |
| Cash & Short-Term Investments | 373.15M | 404.77M | 426.98M | 531.1M | 583.3M | 715.81M | 136.98M | 172.46M |
| Cash Only | 56.15M | 63.34M | 45.55M | 60.23M | 55.24M | 521.81M | 83.64M | 77.02M |
| Short-Term Investments | 317M | 341.43M | 381.43M | 470.87M | 528.07M | 194M | 53.34M | 95.44M |
| Accounts Receivable | 32.67M | 34.38M | 31.17M | 26.23M | 29.77M | 29.67M | 21.82M | 18.94M |
| Days Sales Outstanding | 43.77 | 48.71 | 46.01 | 43.86 | 51.07 | 56.35 | 64.6 | 83.72 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 10.1M | 9.08M | 8.54M | 9.61M | 12.19M | 0 | 1.1M | 1.09M |
| Total Non-Current Assets | 36.6M | 38.56M | 47.26M | 87.62M | 74.3M | 78.34M | 52.39M | 21.59M |
| Property, Plant & Equipment | 12.26M | 13.21M | 17.2M | 65.05M | 64.37M | 71.97M | 43.49M | 4.96M |
| Fixed Asset Turnover | 19.30x | 19.50x | 14.38x | 3.36x | 3.31x | 2.67x | 2.83x | 16.66x |
| Goodwill | 1.21M | 1.21M | 1.21M | 1.21M | 1.21M | 1.21M | 1.21M | 1.21M |
| Intangible Assets | 0 | 0 | 257K | 1.3M | 3.07M | 4.83M | 6.99M | 9.06M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 23.12M | 24.14M | 28.6M | 20.06M | 5.65M | 330K | 700K | 6.36M |
| Total Assets | 452.52M | 486.8M | 513.95M | 654.56M | 699.56M | 840.09M | 217.75M | 220.87M |
| Asset Turnover | 0.55x | 0.53x | 0.48x | 0.33x | 0.30x | 0.23x | 0.57x | 0.37x |
| Asset Growth % | -28.95% | -5.28% | -21.48% | -6.43% | -16.73% | 285.81% | -1.42% | - |
| Total Current Liabilities | 29.69M | 31.95M | 27.94M | 35.41M | 34.66M | 33.5M | 32.18M | 30.79M |
| Accounts Payable | 678K | 2.5M | 249K | 1.9M | 4.54M | 6.16M | 3.35M | 3.34M |
| Days Payables Outstanding | 25.15 | 22.25 | 2.17 | 16.62 | 42.46 | 78.07 | 56.71 | 88.7 |
| Short-Term Debt | 8.87M | 8.9M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 6.8M | 8.29M | 6.02M | 3.39M | 2.58M | 0 |
| Other Current Liabilities | 20.14M | 20.55M | 4.43M | 9.97M | 8.27M | 8.83M | 15.49M | 18.2M |
| Current Ratio | 14.01x | 14.03x | 16.70x | 16.01x | 18.04x | 22.74x | 5.14x | 6.47x |
| Quick Ratio | 14.01x | 14.03x | 16.70x | 16.01x | 18.04x | 22.74x | 5.14x | 6.47x |
| Cash Conversion Cycle | 18.62 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 21.35M | 23.57M | 32.52M | 60.6M | 53.83M | 61.6M | 483.42M | 211K |
| Long-Term Debt | 21.12M | 23.35M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 76.59M | 23.35M | 32.25M | 60.38M | 53.83M | 61.6M | 36.25M | 211K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 225K | -23.13M | 270K | 218K | 0 | 0 | 447.17M | 0 |
| Total Liabilities | 51.03M | 55.52M | 60.47M | 96.01M | 88.49M | 95.1M | 515.6M | 31M |
| Total Debt | 29.99M | 55.6M | 40.75M | 66.59M | 61.6M | 68.73M | 39.6M | 3.34M |
| Net Debt | -26.16M | -7.74M | -4.8M | 6.35M | 6.36M | -453.08M | -44.04M | -73.67M |
| Debt / Equity | 0.07x | 0.13x | 0.09x | 0.12x | 0.10x | 0.09x | - | 0.02x |
| Debt / EBITDA | -0.49x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.43x | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - |
| Total Equity | 401.48M | 431.28M | 453.49M | 558.56M | 611.07M | 744.99M | -297.86M | 189.87M |
| Equity Growth % | -27.67% | -4.9% | -18.81% | -8.59% | -17.98% | 350.12% | -256.87% | - |
| Book Value per Share | 1.04 | 1.12 | 1.18 | 1.47 | 1.61 | 5.09 | -0.78 | 6.78 |
| Total Shareholders' Equity | 401.48M | 431.28M | 453.49M | 558.56M | 611.07M | 744.99M | -297.86M | 189.87M |
| Common Stock | 38K | 39K | 38K | 39K | 37K | 38K | 10K | 3K |
| Retained Earnings | -929.7M | -918.29M | -864.08M | -766.02M | -618.25M | -480.34M | -385.01M | -309.78M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -87.94M | 0 |
| Accumulated OCI | 343K | 1.56M | 917K | 943K | -2.2M | -529K | -797K | 35K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Persistent Operating Margin Deficit
As reported in recent financial statements, Nextdoor's total assets have declined from $654.6 million in 2023Q4 to $452.5 million by 2026Q1, signaling a significant contraction in the company's balance sheet footprint as it attempts to navigate a challenging monetization environment and optimize its capital structure.
The reduction in total assets appears to be driven by a combination of operational cash burn and a strategic shift away from capital-intensive growth initiatives. Investors should monitor whether this trend represents a necessary pruning of non-core assets or a broader loss of momentum in the company's ability to scale its neighborhood-graph utility.
Based on the latest quarterly filings, Nextdoor maintains a conservative capital structure with a debt-to-equity ratio of 0.07 as of 2026Q1, reflecting a strategic decision to minimize interest obligations while the company continues to operate in a cash-burning state.
The low leverage profile suggests that the company is not currently reliant on external debt markets to fund its ongoing operating losses. This provides a degree of insulation against rising interest rates, though it does not address the underlying need for a sustainable path to positive free cash flow.
According to reported balance sheet data, the company maintains a robust current ratio of 14.01 as of 2026Q1, which indicates a significant short-term liquidity buffer relative to its current liabilities, providing the firm with ample runway to fund its ongoing research and development efforts.
While the high current ratio suggests a strong defensive position, it also implies that a substantial portion of capital may be held in low-yielding cash equivalents rather than being deployed into high-return growth projects. This liquidity profile warrants further investigation into whether management is effectively utilizing its cash reserves to drive long-term value creation.
As indicated by the company's financial disclosures, retained earnings have deteriorated to -$929.7 million by 2026Q1, highlighting the significant cumulative impact of historical operating losses on the company's equity base despite the maintenance of a relatively stable total equity position.
The persistent growth of the accumulated deficit suggests that the company has yet to achieve the operating leverage necessary to turn its platform scale into GAAP profitability. Investors should consider the implications of this long-term erosion of equity on the company's ability to sustain future investment without further dilutive financing.
Quick answers to the most common questions about buying NXDR stock.
As of 2025, Nextdoor Holdings, Inc. (NXDR) had total assets of $486.8M including $448.2M in current assets.
Nextdoor Holdings, Inc. (NXDR) carries total debt of $55.6M, offset by $404.8M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Nextdoor Holdings, Inc. (NXDR) has total shareholders' equity (book value) of $431.3M ($1.12 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Nextdoor Holdings, Inc. (NXDR) reported a current ratio of 14.03x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.