Nikola Corp
Nikola Corp
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Financial Statements
Values in Millions ($) | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 104 | 198 | 256 | 346 | 465 | 363 | 227 | 120 | 233 | 316 | 442 | 360 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 4 | 3 | 10 | 1 | 1 | 1 | 1 | 11 | 11 | 1 | 0 | 0 | |||||
Accounts Receivable Net Current | 33 | 52 | 40 | 24 | 18 | 11 | 20 | 28 | 32 | 38 | 17 | 1 | |||||
Inventory Net | 72 | 76 | 62 | 61 | 63 | 57 | 87 | 124 | 123 | 81 | 52 | 26 | |||||
Prepaid Expense And Other Assets Current | 51 | 62 | 62 | 37 | 26 | 39 | 73 | 48 | 38 | 52 | 35 | 32 | |||||
Assets Current | 265 | 392 | 430 | 469 | 572 | 471 | 407 | 331 | 437 | 487 | 545 | 419 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | 0 | 0 | 0 | - | 29 | - | - | - | |||||
Restricted Cash And Cash Equivalents Noncurrent | 13 | 16 | 16 | 31 | 28 | 28 | 68 | 73 | 79 | 87 | 87 | 25 | |||||
Deposits Assets Noncurrent | 16 | 17 | 9 | 9 | 15 | 17 | 17 | 32 | 34 | 37 | 38 | 34 | |||||
Property Plant And Equipment Net | - | 490 | 494 | 484 | - | 470 | 483 | 475 | - | 365 | 312 | 264 | |||||
Property Plant And Equipment And Finance Lease Rig… | 231 | - | - | - | 503 | - | - | - | 437 | - | - | - | |||||
Intangible Assets Net Excluding Goodwill | 1 | 52 | 82 | 84 | 86 | 88 | 90 | 92 | 93 | 94 | 95 | 97 | |||||
Equity Method Investments | 55 | 56 | 56 | 57 | 57 | 58 | 58 | 69 | 73 | 77 | 80 | 63 | |||||
Goodwill | 0 | 0 | 5 | 5 | 5 | 5 | 5 | 7 | 7 | 5 | 5 | 5 | |||||
Preproduction Costs Related To Long Term Supply Ar… | - | - | - | - | - | - | - | 45 | 45 | - | - | - | |||||
Other Assets Noncurrent | 14 | 13 | 17 | 12 | 8 | 12 | 9 | 33 | 32 | 7 | 4 | 3 | |||||
Assets | 596 | 1,036 | 1,110 | 1,152 | 1,275 | 1,148 | 1,138 | 1,158 | 1,237 | 1,159 | 1,167 | 910 | |||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | 0 | 0 | 0 | - | 100 | - | - | - | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Trade Current | 53 | 57 | 56 | 45 | 44 | 49 | 46 | 78 | 118 | 93 | 87 | 77 | |||||
Long Term Debt And Capital Lease Obligations Curre… | 10 | 73 | 12 | 6 | 9 | 39 | 13 | 22 | 63 | 14 | 10 | 1 | |||||
Liabilities Current | 245 | 336 | 281 | 271 | 260 | 293 | 233 | 277 | 384 | 278 | 254 | 184 | |||||
Long Term Debt And Capital Lease Obligations | 193 | 270 | 266 | 268 | 269 | 232 | 348 | 296 | 292 | 283 | 273 | 25 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | 0 | 0 | 0 | - | 49 | - | - | - | |||||
Operating Lease Liability Noncurrent | 8 | 7 | 7 | 5 | 5 | 5 | 5 | 27 | 28 | 5 | 2 | 3 | |||||
Warrants And Rights Outstanding | - | - | - | - | - | - | - | - | 0 | 1 | 1 | 5 | |||||
Guarantee Obligations Current Carrying Value | - | - | - | - | - | - | - | 4 | - | - | - | - | |||||
Other Liabilities Noncurrent | 42 | 44 | 31 | 21 | 22 | 14 | 28 | 8 | 6 | 28 | 37 | 72 | |||||
Liabilities | 489 | 657 | 586 | 566 | 556 | 545 | 615 | 612 | 710 | 595 | 568 | 288 | |||||
Stockholders Equity | |||||||||||||||||
Deferred Income Tax Liabilities Net | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | 0 | 0 | 0 | - | 24 | - | - | - | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 4,137 | 3,932 | 3,876 | 3,805 | 3,790 | 3,521 | 2,945 | 2,751 | 2,563 | 2,379 | 2,177 | 2,026 | |||||
Retained Earnings Accumulated Deficit | -4,029 | -3,552 | -3,352 | -3,219 | -3,071 | -2,917 | -2,422 | -2,204 | -2,035 | -1,813 | -1,577 | -1,404 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | -0 | -0 | -0 | -0 | 0 | -0 | -2 | -2 | -2 | -1 | 0 | |||||
Stockholders Equity | 107 | 379 | 524 | 586 | 719 | 604 | 523 | 546 | 526 | 564 | 599 | 622 | |||||
Liabilities And Stockholders Equity | 596 | 1,036 | 1,110 | 1,152 | 1,275 | 1,148 | 1,138 | 1,158 | 1,237 | 1,159 | 1,167 | 910 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,600 | 1,600 | 1,600 | 1,600 | 800 | 800 | 800 | 800 | 600 | 600 | |||||
Common Stock Shares Issued | 116 | 55 | 48 | 45 | 44 | 33 | 26 | 20 | 17 | 15 | 14 | 14 | |||||
Shares Outstanding | 116 | 55 | 48 | 45 | 44 | 33 | 26 | 20 | 17 | 15 | 14 | 14 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -15.09% | -54.72% | -48.42% | -21.45% | -49.17% | -47.63% | -48.60% | -69.97% | -65.90% | 115.38% | -23.08% | 34.62% |
| 2023 | -31.64% | 61.12% | 165.03% | -47.60% | -50.00% | -59.20% | -16.66% | -23.65% | -43.78% | -13.81% | -16.20% | -30.39% |
| 2022 | - | - | - | - | - | - | -18.71% | -10.88% | -14.29% | -22.73% | -62.73% | -65.10% |
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Performance and Valuation Metrics
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Metrics | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.08 | 1.17 | 1.53 | 1.73 | 2.20 | 1.61 | 1.75 | 1.20 | 1.14 | 1.75 | 2.15 | 2.28 | |||||
| Quick Ratio | 0.58 | 0.75 | 1.09 | 1.37 | 1.86 | 1.28 | 1.06 | 0.58 | 0.72 | 1.28 | 1.81 | 1.97 | |||||
| Working Capital | 19.66M | 55.74M | 148.76M | 198.02M | 312.31M | 177.58M | 173.78M | 54.24M | 53.34M | 209.35M | 291.79M | 235.39M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 4.55 | 1.73 | 1.12 | 0.97 | 0.77 | 0.90 | 1.18 | 1.12 | 1.35 | 1.06 | 0.95 | 0.46 | |||||
| Interest Coverage TTM | -40.15 | -26.68 | -9.90 | -9.76 | -8.55 | -9.17 | -21.65 | -26.48 | -42.20 | -64.99 | -223.03 | -1,060.39 | |||||
| Debt Ratio | 0.82 | 0.63 | 0.53 | 0.49 | 0.44 | 0.47 | 0.54 | 0.53 | 0.57 | 0.51 | 0.49 | 0.32 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.05 | 0.06 | 0.05 | 0.04 | 0.02 | 0.00 | |||||
| Days Sales Outstanding TTM | - | - | - | 611.16 | 343.74 | 267.16 | 117.00 | 87.88 | 229.09 | 310.57 | 304.93 | 259.00 | |||||
| Receivables Turnover TTM | 0.00 | 0.00 | 0.00 | 0.60 | 1.06 | 1.37 | 3.12 | 4.15 | 1.59 | 1.18 | 1.20 | 1.41 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -17.56 | -12.35 | -18.43 | -21.24 | -36.23 | -36.21 | -35.78 | -43.73 | -53.31 | -49.43 | -53.16 | -52.31 | |||||
| Free Cash Flow Per Share TTM | -10.42 | -11.15 | -11.18 | -11.74 | -23.13 | -23.86 | -32.96 | -44.26 | -50.64 | -45.32 | -40.33 | -37.83 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | -1,620.52% | -808.44% | -670.64% | -220.41% | -212.95% | -206.11% | - | - | - | |||||
| Operating Profit Margin TTM | - | - | - | -4,348.34% | -2,454.13% | -2,171.22% | -1,258.60% | -1,206.51% | -1,473.05% | -1,617.57% | -3,786.41% | -38,380.76% | |||||
| Net Profit Margin TTM | - | - | - | -6,150.96% | -3,649.24% | -3,131.63% | -1,475.52% | -1,332.76% | -1,543.02% | -1,630.27% | -3,760.66% | -38,323.00% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -100.00% | -100.00% | -100.00% | -74.42% | -47.90% | -25.35% | 186.11% | 3,082.56% | - | 4,426,100.00% | 2,002,000.00% | 5,000.00% | |||||
| Net Income Growth (1Y) | -0.83% | -38.65% | 1.84% | 18.06% | 23.21% | 43.40% | 12.26% | 10.68% | 13.59% | 7.18% | 55.12% | 53.42% | |||||
| EPS Growth (1Y) | -51.53% | -65.89% | -48.49% | -51.42% | -32.03% | -26.73% | -32.69% | -16.41% | 2.49% | -2.16% | 43.90% | 44.94% | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -568.52M | -573.13M | -522.15M | -522.22M | -616.69M | -681.90M | -778.72M | -810.07M | -744.96M | -661.68M | -571.20M | -523.01M | |||||
| Net Debt | 80.68M | 125.37M | -4.42M | -103.67M | -215.74M | -120.55M | 66.45M | 114.95M | 40.83M | -106.18M | -246.40M | -359.57M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
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| Days Inventory Outstanding TTM | |||||||||||||||||
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| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
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Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
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| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Nikola Corp (NKLAQ) — SEC Financial Statements & Analysis
Nikola Corp (NKLAQ) is a motor vehicles & passenger car bodies company, incorporated in DE. Nikola Corp trades on None as: NKLAQ. Based on its latest SEC filing (Form 10-Q, period ending 2024-12-31), Nikola Corp reported a -100.00% year-over-year revenue growth, a Gross Profit Margin of -1620.52% (TTM), a Debt-to-Equity ratio of 4.55x. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -100.00%
- Gross Profit Margin TTM
- -1620.52%
- Debt To Equity
- 4.55x
Data as of 2024-12-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Nikola Corp in?
Nikola Corp (NKLAQ) operates in the Motor Vehicles & Passenger Car Bodies industry.
What exchange does NKLAQ trade on?
Nikola Corp (NKLAQ) trades on the None.
Where is Nikola Corp incorporated?
Nikola Corp is incorporated in DE.