Nikola Corp
NASDAQ:NKLA
Income Statement
Earnings Waterfall
Nikola Corp
Revenue
|
35.8m
USD
|
Cost of Revenue
|
-249.9m
USD
|
Gross Profit
|
-214.1m
USD
|
Operating Expenses
|
-406.9m
USD
|
Operating Income
|
-621m
USD
|
Other Expenses
|
-345.3m
USD
|
Net Income
|
-966.3m
USD
|
Income Statement
Nikola Corp
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+67%
|
0
N/A
|
0
N/A
|
0
-60%
|
0
N/A
|
0
N/A
|
0
N/A
|
2
N/A
|
20
+959%
|
44
+121%
|
51
+15%
|
60
+18%
|
57
-5%
|
31
-45%
|
36
+14%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(49)
|
(103)
|
(156)
|
(198)
|
(194)
|
(263)
|
(250)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+50%
|
0
N/A
|
0
-33%
|
0
-50%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(29)
N/A
|
(59)
-105%
|
(105)
-78%
|
(138)
-32%
|
(136)
+1%
|
(232)
-70%
|
(214)
+8%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(33)
|
(119)
|
(236)
|
(368)
|
(471)
|
(523)
|
(678)
|
(694)
|
(725)
|
(729)
|
(657)
|
(644)
|
(610)
|
(591)
|
(491)
|
(407)
|
|
Selling, General & Administrative |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(9)
|
(52)
|
(118)
|
(181)
|
(240)
|
(267)
|
(394)
|
(401)
|
(412)
|
(422)
|
(361)
|
(370)
|
(347)
|
(326)
|
(251)
|
(199)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(24)
|
(67)
|
(118)
|
(184)
|
(217)
|
(242)
|
(269)
|
(293)
|
(312)
|
(308)
|
(296)
|
(274)
|
(264)
|
(265)
|
(240)
|
(208)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(0)
N/A
|
(1)
-63%
|
(1)
-28%
|
(1)
-2%
|
(1)
-7%
|
(33)
-3 488%
|
(119)
-265%
|
(236)
-98%
|
(368)
-56%
|
(471)
-28%
|
(523)
-11%
|
(678)
-30%
|
(694)
-2%
|
(724)
-4%
|
(758)
-5%
|
(716)
+6%
|
(749)
-5%
|
(748)
+0%
|
(727)
+3%
|
(723)
+1%
|
(621)
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
3
|
4
|
6
|
7
|
5
|
4
|
2
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(3)
|
(11)
|
(18)
|
(27)
|
(37)
|
(83)
|
(79)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
33
|
32
|
11
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(1)
|
(30)
|
7
|
11
|
14
|
39
|
7
|
7
|
7
|
14
|
12
|
3
|
2
|
(4)
|
(151)
|
(158)
|
|
Pre-Tax Income |
3
N/A
|
4
+42%
|
5
+33%
|
6
+26%
|
4
-33%
|
(30)
N/A
|
(147)
-388%
|
(228)
-55%
|
(371)
-63%
|
(458)
-23%
|
(484)
-6%
|
(671)
-39%
|
(687)
-2%
|
(718)
-4%
|
(747)
-4%
|
(715)
+4%
|
(764)
-7%
|
(774)
-1%
|
(735)
+5%
|
(926)
-26%
|
(848)
+8%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Income from Continuing Operations |
2
|
3
|
4
|
5
|
3
|
(31)
|
(148)
|
(228)
|
(370)
|
(457)
|
(483)
|
(670)
|
(687)
|
(718)
|
(747)
|
(715)
|
(764)
|
(774)
|
(735)
|
(926)
|
(848)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(4)
|
(4)
|
(6)
|
(6)
|
(7)
|
(21)
|
(26)
|
(33)
|
(31)
|
(16)
|
|
Net Income (Common) |
2
N/A
|
3
+42%
|
4
+33%
|
5
+27%
|
3
-41%
|
(31)
N/A
|
(161)
-417%
|
(242)
-50%
|
(384)
-59%
|
(471)
-23%
|
(485)
-3%
|
(673)
-39%
|
(690)
-3%
|
(723)
-5%
|
(753)
-4%
|
(722)
+4%
|
(784)
-9%
|
(800)
-2%
|
(845)
-6%
|
(1 035)
-22%
|
(966)
+7%
|
|
EPS (Diluted) |
0.08
N/A
|
0.09
+13%
|
0.12
+33%
|
0.15
+25%
|
0.09
-40%
|
-0.11
N/A
|
-0.57
-418%
|
-0.63
-11%
|
-1.15
-83%
|
-1.2
-4%
|
-1.25
-4%
|
-1.68
-34%
|
-1.73
-3%
|
-1.74
-1%
|
-1.77
-2%
|
-1.64
+7%
|
-1.78
-9%
|
-1.45
+19%
|
-1.19
+18%
|
-1.2
-1%
|
-1.2
N/A
|