Nikola Corporation (NKLA)

Nikola Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	32.66	35.84	49.73	0	0.1	0.48
Revenue Growth (YoY)	-44.19%	-27.93%	-	-	-80.29%	178.61%
Cost of Revenue	281.6	249.91	135.69	0	0.07	0.27
Gross Profit	-248.95	-214.07	-85.97	0	0.02	0.21
Selling, General & Admin	204.36	198.77	346.19	400.58	182.72	20.69
Research & Development	185.85	208.16	270.48	292.95	185.62	67.51
Other Operating Expenses	28.83	28.83	0	0	14.42	0
Operating Expenses	419.05	435.76	616.67	693.53	382.76	88.21
Operating Income	-667.99	-649.83	-702.64	-693.53	-382.74	-88
Interest Expense / Income	68.47	76.02	17.71	0.48	-0.2	-1.46
Other Expense / Income	208.44	240.42	63.89	-3.57	-10.64	1.97
Pretax Income	-944.9	-966.27	-784.23	-690.43	-371.89	-88.51
Income Tax	0.01	0.01	0.01	0	-1.03	0.15
Net Income	-944.91	-966.28	-784.24	-690.44	-370.87	-88.66
Preferred Dividends	0	0	0	0	13.41	16.82
Net Income Common	-944.91	-966.28	-784.24	-690.44	-384.27	-105.47
Shares Outstanding (Basic)	45	27	15	13	11	9
Shares Outstanding (Diluted)	45	27	15	13	11	9
Shares Change	143.02%	81.08%	10.79%	18.75%	27.92%	15.92%
EPS (Basic)	-29.40	-36.30	-53.40	-51.90	-34.50	-12.00
EPS (Diluted)	-29.40	-36.30	-53.40	-52.20	-35.40	-12.00
Free Cash Flow	-516.51	-616.69	-749.82	-486.42	-172.86	-119.93
Free Cash Flow Per Share	-11.60	-23.13	-50.92	-36.60	-15.46	-13.71
Gross Margin	-762.26%	-597.30%	-172.89%	-	24.21%	43.78%
Operating Margin	-2045.35%	-1813.19%	-1413.04%	-	-402878.95%	-18256.22%
Profit Margin	-2893.26%	-2696.17%	-1577.15%	-	-404497.89%	-21882.16%
Free Cash Flow Margin	-1581.51%	-1720.73%	-1507.93%	-	-181954.74%	-24881.54%
EBITDA	-837	-854.36	-743.76	-681.72	-366.09	-87.64
EBITDA Margin	-2562.83%	-2383.88%	-1495.74%	-	-385353.68%	-18182.16%
Depreciation & Amortization	39.43	35.89	22.77	8.23	6.01	2.32
EBIT	-876.43	-890.25	-766.52	-689.95	-372.09	-89.96
EBIT Margin	-2683.58%	-2484.02%	-1541.52%	-	-391677.89%	-18664.11%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).