Nikola
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Nikola's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 29% to $35,839,000. Profit margin reached -2696%. Total operating expenses were $435,762,000.

Profit Margin

Nikola Corporation (NASDAQ:NKLA): Profit margin
2017 486K -17.55M -3612.35%
2018 173K -64.29M -37163.58%
2019 482K -88.65M -18393.36%
2020 95K -383.67M -403870.53%
2021 95K -686.85M -723008.42%
2022 50.82M -763.57M -1502.36%
2023 35.83M -966.28M -2696.17%

NKLA Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
35.83M50.82M95K95K482K173K486K
Cost of revenue
249.90M155.58M72K72K271K50K304K
Gross profit
-214.06M-104.75M23K23K211K123K182K
Operating exp.
Research and development
208.16M273.76M292.95M185.61M67.51M58.37M11.61M
Selling and marketing
2M2M1.9M700K19.78M11.83M0
Total operating expenses
435.76M643.92M693.52M368.34M88.20M70.61M18.49M
Operating income
-649.82M-748.67M-693.52M-368.32M-87.99M-70.48M-17.28M
Other income (expenses), net
-198.36M-14.88M6.67M-3.57M-510K3.50M-1.84M
Income before tax
-848.19M-763.56M-686.85M-384.70M-88.50M-66.29M-19.13M
Income tax expense
12K6K4K-1.02M151K-2.00M1.57M
Net income
-966.28M-763.57M-686.85M-383.67M-88.65M-64.29M-17.55M
Earnings per share
Basic EPS
-36.31-1.73-1.72-35.47-0.34-0.28-2.33
Diluted EPS
-36.23-1.73-1.72-34.27-0.34-0.28-2.33
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