Financials in USD. Standardized financial statements.
A compact view of how Nikola Corporation turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $68.86M | $35.84M | $50.83M | $95,000 | $95,000 | $482,000 | $173,000 | $486,000 |
| Revenue Growth? | +92.1% | -29.5% | +53400.0% | 0.0% | -80.3% | +178.6% | -64.4% | 0.0% |
| Cost of Revenue? | $299.29M | $249.91M | $155.58M | $72,000 | $72,000 | $271,000 | $50,000 | $304,000 |
| Gross Profit? | -$230.43M | -$214.07M | -$104.76M | $23,000 | $23,000 | $211,000 | $123,000 | $182,000 |
| Gross Margin? | -334.6% | -597.3% | -206.1% | +24.2% | +24.2% | +43.8% | +71.1% | +37.4% |
| Operating Expenses? | $686.03M | $435.76M | $643.92M | $693.53M | $368.34M | $88.21M | $70.61M | $18.50M |
| Operating Income? | -$916.46M | -$649.83M | -$748.68M | -$693.53M | -$368.32M | -$88.00M | -$70.49M | -$17.28M |
| EBITDA? | -$887.69M | -$736.28M | -$676.99M | -$678.14M | -$362.31M | -$85.67M | -$69.86M | -$16.87M |
| Income Before Tax | -$956.53M | -$848.19M | -$763.57M | -$686.85M | -$384.70M | -$88.50M | -$66.30M | -$19.13M |
| Income Tax Expense | $71,000 | $12,000 | $6,000 | $4,000 | -$1.03M | $151,000 | -$2.00M | -$1.57M |
| Net Income? | -$956.60M | -$966.28M | -$763.57M | -$686.86M | -$383.68M | -$88.66M | -$64.29M | -$17.56M |
| EPS? | $-17.53 | $-36.31 | $-52.00 | $-51.90 | $-35.47 | $-10.13 | $-8.52 | $-2.33 |
| Diluted EPS? | $-17.53 | $-36.23 | $-51.85 | $-51.67 | $-34.27 | $-10.13 | $-8.52 | $-2.33 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality