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Nikola Corp
NASDAQ:NKLA

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Nikola Corp
NASDAQ:NKLA
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Price: 0.183 USD -28.74% Market Closed
Market Cap: $15.5m

Gross Margin

-281.3%
Current
Improving
by 185.7%
vs 3-y average of -467%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-281.3%
=
Gross Profit
$-212.5m
/
Revenue
$75.5m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-281.3%
=
Gross Profit
$-212.5m
/
Revenue
$75.5m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Nikola Corp
NASDAQ:NKLA
15.5m USD
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US
Caterpillar Inc
NYSE:CAT
361.6B USD
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US
Cummins Inc
NYSE:CMI
84.1B USD
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SE
Volvo AB
STO:VOLV B
642.8B SEK
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US
Paccar Inc
NASDAQ:PCAR
65.3B USD
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US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
43.6B USD
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JP
Toyota Industries Corp
TSE:6201
6.1T JPY
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JP
Komatsu Ltd
TSE:6301
6.1T JPY
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DE
Daimler Truck Holding AG
XETRA:DTG
32.5B EUR
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CN
China CSSC Holdings Ltd
SSE:600150
246.2B CNY
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CN
Weichai Power Co Ltd
SZSE:000338
231.8B CNY
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Market Distribution

Lower than 99% of companies in the United States of America
Percentile
1st
Based on 12 729 companies
1st percentile
-281.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Nikola Corp
Glance View

Market Cap
15.5m USD
Industry
Machinery

Nikola Corp. engages in the provision of zero-emissions transportation and infrastructure solutions. The company is headquartered in Phoenix, Arizona and currently employs 900 full-time employees. The company went IPO on 2021-01-11. The firm is primarily engaged in providing integrate truck technology, hydrogen fueling and charging infrastructure, and related maintenance. The company operates through two business units: Truck and Energy. The Truck business unit is engaged in developing and commercializing battery-electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV), class 8 trucks that provide solutions to the short-haul, medium-haul, and long-haul trucking sector. The Energy business unit is focused on developing and constructing a hydrogen fueling ecosystem and providing BEV charging support to meet anticipated fuel demand for its FCEV and BEV customers, as well as other third-party customers. The firm's principal vehicle offerings include Class 8 BEV - Nikola Tre and Class 8 FCEV's - Nikola Tre and Nikola Two Sleeper Cab.

NKLA Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-281.3%
=
Gross Profit
$-212.5m
/
Revenue
$75.5m
What is Nikola Corp's current Gross Margin?

The current Gross Margin for Nikola Corp is -281.3%, which is above its 3-year median of -467%.

How has Gross Margin changed over time?

Over the last 3 years, Nikola Corp’s Gross Margin has decreased from 22.8% to -281.3%. During this period, it reached a low of -762.3% on Mar 31, 2024 and a high of 22.8% on Mar 31, 2022.

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