Financial Snapshot

Revenue
$75.53M
TTM
Gross Margin
-380.07%
TTM
Net Earnings
-$634.8M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
116.6%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$379.2M
Q3 2024
Cash
Q3 2024
P/E
-0.1688
Nov 29, 2024 EST
Free Cash Flow
-$573.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $35.84M $50.83M $0.00 $95.00K $482.0K $173.0K
YoY Change -29.49% -100.0% -80.29% 178.61%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $35.84M $50.83M $0.00 $95.00K $482.0K $173.0K
Cost Of Revenue $249.9M $155.6M $0.00 $72.00K $271.0K $50.00K
Gross Profit -$214.1M -$104.8M $0.00 $23.00K $211.0K $123.0K
Gross Profit Margin -597.3% -206.11% 24.21% 43.78% 71.1%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $198.8M $370.2M $400.6M $182.7M $20.69M $12.24M
YoY Change -46.3% -7.59% 119.22% 783.07% 69.08%
% of Gross Profit 794452.17% 9806.64% 9949.59%
Research & Development $208.2M $273.8M $293.0M $185.6M $67.51M $58.37M
YoY Change -23.96% -6.55% 57.82% 174.93% 15.66%
% of Gross Profit 807039.13% 31997.16% 47458.54%
Depreciation & Amortization $35.89M $23.30M $8.200M $6.000M $2.300M $600.0K
YoY Change 54.03% 184.15% 36.67% 160.87% 283.33%
% of Gross Profit 26086.96% 1090.05% 487.8%
Operating Expenses $435.8M $643.9M $693.5M $382.8M $88.21M $70.61M
YoY Change -32.33% -7.15% 81.19% 333.94% 24.92%
Operating Profit -$649.8M -$748.7M -$693.5M -$382.7M -$88.00M -$70.49M
YoY Change -13.2% 7.95% 81.2% 334.95% 24.84%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$76.02M -$17.74M -$481.0K $202.0K $1.456M $686.0K
YoY Change 328.54% 3588.15% -338.12% -86.13% 112.24%
% of Operating Profit
Other Income/Expense, Net -$162.5M -$1.023M $4.102M -$846.0K $1.373M $6.000K
YoY Change 15787.98% -124.94% -584.87% -161.62% 22783.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$848.2M -$763.6M -$686.9M -$371.3M -$88.51M -$66.30M
YoY Change 11.08% 11.17% 85.01% 319.47% 33.5%
Income Tax $12.00K $6.000K $4.000K -$1.026M $151.0K -$2.002M
% Of Pretax Income
Net Earnings -$966.3M -$784.2M -$690.4M -$370.9M -$88.66M -$64.29M
YoY Change 23.21% 13.59% 86.17% 318.32% 37.89%
Net Earnings / Revenue -2696.17% -1543.02% -390385.26% -18393.36% -37163.58%
Basic Earnings Per Share -$1.21 -$1.78 -$1.73 -$1.15 -$0.40
Diluted Earnings Per Share -$1.21 -$1.78 -$1.74 -$1.18 -$0.40 $84.36K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $464.7M $233.4M $497.2M $840.9M $800.0K $1.200M
YoY Change 99.1% -53.06% -40.87% 105012.5% -33.33%
Cash & Equivalents $464.7M $233.4M $497.2M $840.9M $800.0K $1.200M
Short-Term Investments
Other Short-Term Assets $25.91M $14.64M $15.89M $51.60M $0.00 $100.0K
YoY Change 77.01% -7.88% -69.2% -100.0%
Inventory $62.59M $123.2M $11.60M $0.00
Prepaid Expenses
Receivables $17.97M $31.90M $0.00
Other Receivables $0.00 $17.55M $0.00
Total Short-Term Assets $571.2M $420.7M $524.7M $892.5M $800.0K $1.300M
YoY Change 35.77% -19.83% -41.21% 111462.5% -38.46%
Property, Plant & Equipment $503.4M $467.7M $244.4M $71.40M
YoY Change 7.64% 91.37% 242.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $57.06M $72.82M $61.78M $8.400M
YoY Change -21.64% 17.87% 635.45%
Other Assets $29.25M $134.4M $25.00M $8.400M $238.4M $235.3M
YoY Change -78.24% 437.58% 197.62% -96.48% 1.32%
Total Long-Term Assets $703.7M $816.0M $465.1M $161.2M $238.4M $235.2M
YoY Change -13.76% 75.44% 188.52% -32.38% 1.36%
Total Assets $1.275B $1.237B $989.8M $1.054B $239.2M $236.5M
YoY Change
Accounts Payable $44.13M $117.9M $86.98M $29.40M $100.0K $0.00
YoY Change -62.57% 35.56% 195.86% 29300.0%
Accrued Expenses $211.8M $230.8M $95.75M $17.70M $200.0K $300.0K
YoY Change -8.23% 141.03% 440.96% 8750.0% -33.33%
Deferred Revenue
YoY Change
Short-Term Debt $1.852M $1.999M $0.00 $0.00 $0.00 $0.00
YoY Change -7.35%
Long-Term Debt Due $8.950M $61.12M $140.0K $5.200M
YoY Change -85.36% 43553.57% -97.31%
Total Short-Term Liabilities $264.9M $411.8M $182.9M $52.30M $700.0K $900.0K
YoY Change -35.68% 125.19% 249.66% 7371.43% -22.22%
Long-Term Debt $269.3M $291.6M $25.05M $14.00M $0.00 $0.00
YoY Change -7.66% 1064.32% 78.91%
Other Long-Term Liabilities $21.51M $6.724M $88.32M $7.300M
YoY Change 219.93% -92.39% 1109.82%
Total Long-Term Liabilities $290.8M $298.4M $113.4M $21.30M $0.00 $0.00
YoY Change -2.53% 163.18% 432.23%
Total Liabilities $555.7M $710.2M $296.2M $73.60M $800.0K $1.000M
YoY Change -21.75% 139.73% 302.51% 9100.0% -20.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 800.0M shares 441.8M shares 398.7M shares 335.3M shares 262.5M shares
Diluted Shares Outstanding 800.0M shares 441.8M shares 398.8M shares 335.8M shares 262.5M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $107.13 Million

About Nikola Corp

Nikola Corp is a US-based company operating in Machinery industry. The company is headquartered in Phoenix, Arizona and currently employs 870 full-time employees. The company went IPO on 2021-01-11. Nikola Corporation is an integrated truck and energy company. The firm provides zero-emissions transportation and energy supply and infrastructure solutions. The company operates in two business units: Truck and Energy. The Truck business unit is commercializing fuel cell electric vehicles (FCEV) and battery electric vehicles (BEV) Class 8 trucks that provide or are intended to provide environmentally friendly solutions to the trucking sector. The Energy business unit is developing hydrogen fueling infrastructure to support its FCEV trucks. The company offers integrated FCEV solutions including the truck, fueling solutions and maintenance. The company offers both BEV (for short and medium-haul, city, regional, and drayage deliveries) and FCEV (for medium and long-haul) solutions. HYLA, the Company's global brand, includes its energy products for procuring, distributing, and dispensing hydrogen to fuel its trucks. Its products include Nikola's Class 8 BEV - Nikola Tre and Nikola's Class 8 FCEV - Nikola Tre.

Industry: Motor Vehicles & Passenger Car Bodies Peers: ALAMO GROUP INC Allison Transmission Holdings Inc Proterra Inc ASTEC INDUSTRIES INC CATERPILLAR INC FEDERAL SIGNAL CORP /DE/ GREENBRIER COMPANIES INC TEREX CORP TRINITY INDUSTRIES INC