Nextdoor Holdings, Inc. — Earnings Quality Grade F
NXDR · Communication Services
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 49 days, change +3 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 4.2%, CFFO 132.0%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 43.6% is >2x revenue growth 4.2%
SG&A/Gross Profit = 70.8%, exceeds 70%
Gross margin 84.1%, change +1.0pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF $0.0B, FCF/NI = -0.11
Accruals ratio = -12.5%. Low accruals
Cash $0.4B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = -0.5x. Healthy
Other assets -16.3% vs revenue 4.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change -18% YoY. Normal
Manipulation Score
M-Score = -2.99 (< -2.22). Unlikely manipulator
Portfolio monitoring
Monitor NXDR continuously
The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25