Nikola Corporation (NKLA) — Financial statements
Income statement, balance sheet, and cash flow for Nikola Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 69↑92.1% | 36↓29.5% | 51↑53400.0% | 0.10↑0.0% | 0.10 | |
| Cost of Revenue | 299↑19.8% | 250↑60.6% | 156↑215986.1% | 0.07↑0.0% | 0.07 | |
| Gross Profit | -230↓7.6% | -214↓104.3% | -105↓455565.2% | 0.02↑0.0% | 0.02 | |
| Operating Expenses | ||||||
| R&D Expenses | 158↓24.1% | 208↓24.0% | 274↓6.5% | 293↑57.8% | 186 | |
| General & Administrative Expenses | 0.00↓100.0% | 197↓46.6% | 368↓7.7% | 399↑119.0% | 182 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2↑0.0% | 2↑5.3% | 2↑171.4% | 0.70 | |
| SG&A Expenses | 191↓3.8% | 199↓46.3% | 370↓7.6% | 401↑119.2% | 183 | |
| Other Expenses | 337↑1067.9% | 29↑2918.6% | -1↓124.9% | 4↑584.9% | -0.85 | |
| Operating Expenses | 686↑57.4% | 436↓32.3% | 644↓7.2% | 694↑88.3% | 368 | |
| Total Costs & Expenses | 985↑43.7% | 686↓14.2% | 800↑15.3% | 694↑88.2% | 368 | |
| Operating Results | ||||||
| Operating Income | -916↓41.0% | -650↑13.2% | -749↓8.0% | -694↓88.3% | -368 | |
| Depreciation & Amortization | 46↑28.2% | 36↑57.7% | 23↑176.6% | 8↑37.0% | 6 | |
| EBITDA | -888↓20.6% | -736↓8.8% | -677↑0.2% | -678↓87.2% | -362 | |
| EBIT | -934↓20.9% | -772↓10.3% | -700↓1.9% | -686↓86.4% | -368 | |
| Interest & Other Income | ||||||
| Net Interest Income | -23↑70.0% | -76↓329.2% | -18 | 0.00↓100.0% | 0.20 | |
| Interest Income | 0.00 | 0.00 | 0.00↓100.0% | 0.48↑138.1% | 0.20 | |
| Interest Expense | 23↓70.0% | 76↑329.2% | 18↑3582.3% | 0.48 | 0.00 | |
| Non-Operating Income | 17↓85.9% | 122↑4347.9% | -3↑59.7% | -7 | 0.00 | |
| Other Income / Expenses | -40↑79.8% | -198↓458.8% | -35↓632.0% | 7↑286.8% | -4 | |
| Income Before Tax | -957↓12.8% | -848↓11.1% | -764↓11.2% | -687↓78.5% | -385 | |
| Income Tax Expense | 0.07↑491.7% | 0.01↑100.0% | 0.01↑50.0% | 0.00↑100.4% | -1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -957↓12.8% | -848↓18.2% | -717↓4.5% | -687↓85.5% | -370 | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -102↓120.5% | -46 | 0.00 | 0.00 | |
| Net Income | -957↑1.0% | -966↓26.5% | -764↓11.2% | -687↓79.0% | -384 | |
| Bottom-Line Net Income | -957↑1.0% | -966↓23.2% | -784↓13.1% | -693↓80.5% | -384 | |
| EPS (Basic) | -17.53↑51.7% | -36.31↑30.2% | -52.00↓0.2% | -51.90↓46.3% | -35.47 | |
| EPS (Diluted) | -17.53↑51.6% | -36.23↑30.1% | -51.85↓0.3% | -51.67↓50.8% | -34.27 | |
| Weighted Average Shares | 55↑105.0% | 27↑81.2% | 15↑11.0% | 13↑22.4% | 11 | |
| Weighted Average Diluted Shares | 55↑104.6% | 27↑81.1% | 15↑10.8% | 13↑18.7% | 11 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.