Nikola Financial Statements From 2010 to 2025

NKLA Stock  USD 0.12  0  1.67%   
Nikola Corp's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Nikola Corp's valuation are provided below:
Gross Profit
-212.5 M
Market Capitalization
15.5 M
Enterprise Value Revenue
2.1802
Revenue
75.5 M
Earnings Share
(12.34)
We have found one hundred twenty available fundamental ratios for Nikola Corp, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of Nikola Corp last-minute market performance against the performance between 2010 and 2025 to make sure the company can sustain itself down the road. As of May 19, 2025, Market Cap is expected to decline to about 25.4 M. In addition to that, Enterprise Value is expected to decline to about (189.1 M)

Nikola Corp Total Revenue

43.28 Million

Check Nikola Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nikola Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 43.3 M, Interest Expense of 91.8 M or Total Revenue of 43.3 M, as well as many indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0 or PTB Ratio of 0.0354. Nikola financial statements analysis is a perfect complement when working with Nikola Corp Valuation or Volatility modules.
  
Build AI portfolio with Nikola Stock
Check out the analysis of Nikola Corp Correlation against competitors.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.

Nikola Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding32.2 M30.7 M12.8 M
Slightly volatile
Total Assets920.5 M1.5 B581.2 M
Slightly volatile
Short and Long Term Debt Total344 M327.6 M89.2 M
Slightly volatile
Total Current Liabilities163.8 M299.1 M85.1 M
Slightly volatile
Total Stockholder Equity615.6 M827.1 M417.8 M
Slightly volatile
Other Liabilities7.4 M7.7 M14.1 M
Pretty Stable
Property Plant And Equipment Net607.9 M578.9 M166.9 M
Slightly volatile
Accounts Payable47.5 M50.8 M22.3 M
Slightly volatile
Cash389.2 M534.4 M191 M
Slightly volatile
Non Current Assets Total501.1 M807.8 M487.8 M
Slightly volatile
Cash And Short Term Investments389.5 M536.3 M191.2 M
Slightly volatile
Good WillMM5.4 M
Slightly volatile
Common Stock Total Equity34.9 K58.6 K19.3 K
Slightly volatile
Liabilities And Stockholders Equity920.5 M1.5 B581.2 M
Slightly volatile
Capital Surpluse3.1 B2.9 B919.1 M
Slightly volatile
Other Current Assets30 M18.6 M18.1 M
Slightly volatile
Total Liabilities671 M639 M186.3 M
Slightly volatile
Total Current Assets462.6 M658.3 M228.3 M
Slightly volatile
Intangible Assets73.6 M98.7 M42.1 M
Slightly volatile
Common Stock160.6 K152.9 K38.2 K
Slightly volatile
Property Plant Equipment564.7 M537.8 M161.3 M
Slightly volatile
Long Term Debt112.6 M162.6 M46.7 M
Slightly volatile
Capital Lease Obligations170.1 M162 M36.3 M
Slightly volatile
Net Invested Capital791.8 M992.6 M448.8 M
Slightly volatile
Property Plant And Equipment Gross660.9 M629.5 M198.3 M
Slightly volatile
Capital Stock160.6 K152.9 K53 K
Slightly volatile
Non Current Liabilities Other31.8 M24.7 M19.4 M
Slightly volatile
Net Working Capital260.6 M281.1 M177.5 M
Slightly volatile
Short Term Debt16.8 M12.4 MM
Slightly volatile
Deferred Long Term Liabilities12.5 K17.2 K9.9 K
Slightly volatile
Short and Long Term Debt2.8 M2.9 M7.2 M
Pretty Stable
Current Deferred Revenue17.8 M12.8 M10.6 M
Slightly volatile
Long Term Debt Total174.2 M335.4 M87.1 M
Slightly volatile

Nikola Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization43.3 M41.3 M10.2 M
Slightly volatile
Total Revenue43.3 M41.2 M11 M
Slightly volatile
Other Operating Expenses428.2 M788.5 M254.6 M
Slightly volatile
Research Development172.5 M239.4 M99.5 M
Slightly volatile
Cost Of Revenue301.8 M287.4 M62.3 M
Slightly volatile
Total Operating Expenses364.4 M501.1 M207.1 M
Slightly volatile
Interest Income172.7 K181.8 K2.1 M
Slightly volatile
Selling General Administrative210.3 M226.3 M99.2 M
Slightly volatile
Selling And Marketing Expenses1.7 M1.8 M8.5 M
Slightly volatile
Reconciled Depreciation43 M40.9 M10.3 M
Slightly volatile
Preferred Stock And Other Adjustments10.7 M12.1 M13.2 M
Slightly volatile
Non Recurring11.5 M13 M14.1 M
Slightly volatile

Nikola Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation107.3 M86.7 M56 M
Slightly volatile
Begin Period Cash Flow311.6 M361 M166.9 M
Slightly volatile
Depreciation43.3 M41.3 M10.3 M
Slightly volatile
Capital Expenditures85.9 M138.6 M49.1 M
Slightly volatile
Total Cash From Financing Activities434.3 M854.4 M273.2 M
Slightly volatile
End Period Cash Flow390.3 M568.1 M229 M
Slightly volatile
Issuance Of Capital Stock205.7 M394.4 M212.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.710.75307
Pretty Stable
PTB Ratio0.03540.03720.2362
Slightly volatile
Days Sales Outstanding368319414
Slightly volatile
Book Value Per Share47.731.0836.7868
Slightly volatile
Average Payables2.3 M2.6 M2.8 M
Slightly volatile
Stock Based Compensation To Revenue1.81.89232
Pretty Stable
Capex To Depreciation3.673.867.4798
Pretty Stable
PB Ratio0.03540.03720.2362
Slightly volatile
Inventory Turnover3.773.590.8081
Slightly volatile
Days Of Inventory On Hand99.8710519.3 K
Pretty Stable
Payables Turnover5.355.11.1639
Slightly volatile
Sales General And Administrative To Revenue4.694.94385
Pretty Stable
Research And Ddevelopement To Revenue4.975.23358
Pretty Stable
Capex To Revenue2.883.03145
Pretty Stable
Cash Per Share21.2515.7712.339
Slightly volatile
Days Payables Outstanding55.1158.0139.7 K
Pretty Stable
Income Quality0.740.660.7176
Slightly volatile
Intangibles To Total Assets0.120.08220.0927
Pretty Stable
Current Ratio2.42.532.9296
Pretty Stable
Tangible Book Value Per Share41.6127.1432.9068
Pretty Stable
Receivables Turnover0.981.190.977
Slightly volatile
Graham Number136134119
Slightly volatile
Shareholders Equity Per Share47.731.0836.7868
Slightly volatile
Debt To Equity0.370.360.1308
Slightly volatile
Capex Per Share4.374.083.031
Slightly volatile
Revenue Per Share1.271.210.4936
Slightly volatile
Interest Debt Per Share12.8112.24.6918
Slightly volatile
Debt To Assets0.210.20.0728
Slightly volatile
Operating Cycle40242419.4 K
Pretty Stable
Price Book Value Ratio0.03540.03720.2362
Slightly volatile
Days Of Payables Outstanding55.1158.0139.7 K
Pretty Stable
Ebt Per Ebit0.851.171.0739
Pretty Stable
Company Equity Multiplier1.181.61.2254
Slightly volatile
Long Term Debt To Capitalization0.140.230.0782
Slightly volatile
Total Debt To Capitalization0.270.260.0918
Slightly volatile
Debt Equity Ratio0.370.360.1308
Slightly volatile
Net Income Per E B T0.81.030.955
Slightly volatile
Cash Ratio1.952.052.675
Pretty Stable
Days Of Inventory Outstanding99.8710519.3 K
Pretty Stable
Days Of Sales Outstanding368319414
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.051.121.2089
Pretty Stable
Price To Book Ratio0.03540.03720.2362
Slightly volatile
Fixed Asset Turnover0.06730.06410.0256
Slightly volatile
Debt Ratio0.210.20.0728
Slightly volatile
Price Sales Ratio0.710.75307
Pretty Stable
Asset Turnover0.02660.02530.0081
Slightly volatile
Price Fair Value0.03540.03720.2362
Slightly volatile

Nikola Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap25.4 M26.8 M71.6 M
Pretty Stable

Nikola Fundamental Market Drivers

Cash And Short Term Investments466.4 M

Nikola Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nikola Corp Financial Statements

Nikola Corp stakeholders use historical fundamental indicators, such as Nikola Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nikola Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nikola Corp's assets and liabilities are reflected in the revenues and expenses on Nikola Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nikola Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue12.8 M17.8 M
Total Revenue41.2 M43.3 M
Cost Of Revenue287.4 M301.8 M
Stock Based Compensation To Revenue 1.89  1.80 
Sales General And Administrative To Revenue 4.94  4.69 
Research And Ddevelopement To Revenue 5.23  4.97 
Capex To Revenue 3.03  2.88 
Revenue Per Share 1.21  1.27 
Ebit Per Revenue(20.85)(21.89)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nikola Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nikola Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nikola Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikola Corp Stock:
Check out the analysis of Nikola Corp Correlation against competitors.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nikola Corp. If investors know Nikola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nikola Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.34)
Revenue Per Share
1.691
Quarterly Revenue Growth
1.039
Return On Assets
(0.31)
Return On Equity
(1.29)
The market value of Nikola Corp is measured differently than its book value, which is the value of Nikola that is recorded on the company's balance sheet. Investors also form their own opinion of Nikola Corp's value that differs from its market value or its book value, called intrinsic value, which is Nikola Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nikola Corp's market value can be influenced by many factors that don't directly affect Nikola Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nikola Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nikola Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nikola Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.