NKLAQ (Nikola) Research & Development: $158.06 Mil (TTM As of Dec. 2024)


What is Nikola Research & Development?

Nikola NKLAQ -30.00% Research & Development is $158.06 Mil as of Dec. 2024.

Research & Development is the aggregate amount of research and development expenses during the year. Nikola's Research & Development for the three months ended in Dec. 2024 was $36.60 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $158.06 Mil.

Nikola  (OTCPK:NKLAQ) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Nikola Research & Development Related Terms

Nikola Research & Development Historical Data

* Premium members only.

The historical data trend for Nikola's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nikola Research & Development Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial 185.62 292.95 270.48 208.16 158.06

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.87 39.50 40.16 41.80 36.60

Nikola Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $158.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $158.06 Mil mean?
Nikola (NKLAQ) has a Research & Development of $158.06 Mil as of Dec. 2024. Research and development expense is the total cost for research and development activities. View historical data on Nikola and its competitors.
Is Nikola's Research & Development too high?
Nikola's current Research & Development is $158.06 Mil.
How does Nikola's Research & Development compare to NMHI and GP?
Nikola's Research & Development of $158.06 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Farm & Heavy Construction Machinery company?
A good Research & Development depends on the Farm & Heavy Construction Machinery industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Nikola and its competitors. Nikola's current Research & Development is $158.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (NKLAQ) has a current Research & Development of $158.06 Mil. The current Research & Development is $158.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Nikola (NKLAQ), the current Research & Development is $158.06 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nikola Business Description

Address P.O. Box 27028, Tempe, AZ, USA, 85285
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit is engaged in manufacturing and selling FCEV and BEV trucks that provide environmentally friendly, cost-effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet the hydrogen fuel demand for the company's customers, as well as other third-party customers.