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NKLAQ (Nikola) Revenue : $75.53 Mil (TTM As of Sep. 2024)


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What is Nikola Revenue?

Nikola's revenue for the three months ended in Sep. 2024 was $25.18 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $75.53 Mil. Nikola's Revenue per Share for the three months ended in Sep. 2024 was $0.49. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $1.65.

During the past 12 months, the average Revenue per Share Growth Rate of Nikola was 9.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 451.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Nikola's highest 3-Year average Revenue per Share Growth Rate was 451.80% per year. The lowest was 338.60% per year. And the median was 395.20% per year.


Nikola Revenue Historical Data

The historical data trend for Nikola's Revenue 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.

* Premium members only.

Nikola Revenue Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 0.48 0.10 - 49.73 35.84

Nikola Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue 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 -1.73 11.53 7.50 31.32 25.18

Competitive Comparison of Nikola's Revenue

For the Farm & Heavy Construction Machinery subindustry, Nikola's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nikola's Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikola's Revenue distribution charts can be found below:

* The bar in red indicates where Nikola's Revenue falls into.



Nikola Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $75.53 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.


Nikola  (OTCPK:NKLAQ) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Nikola Revenue Related Terms

Thank you for viewing the detailed overview of Nikola's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Nikola Business Description

Address
4141 East Broadway Road, Phoenix, AZ, USA, 85040
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 and Energy business unit. The Truck business unit is engaged 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 hydrogen fuel demand for the Company's customers.
Executives
Mary S Chan officer: Chief Operating Officer C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Stephen J Girsky director, 10 percent owner, officer: President and CEO 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Joseph R. Pike officer: Chief Human Resources Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Britton M. Worthen officer: Chief Legal Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Joseph S. Cappello officer: President of Energy 13001 BAY PARK ROAD, PASADENA TX 77507
Anastasiya Pasterick officer: Chief Financial Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
John C Vesco director 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Michael Lohscheller officer: President, Nikola Motor Div. 4141 E BROADWAY ROAD, PHONEIX AZ 85040
Carey Mendes officer: President, Energy 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Mark A Russell director, 10 percent owner, officer: President and CEO 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Andrew Vesey director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Trevor R. Milton director, 10 percent owner, officer: Executive Chairman 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Lynn Forester director C/O ESTEE LAUDER COMPANIES INC, 767 FIFTH AVENUE, NEW YORK NY 10153
Pablo M. Koziner officer: President, Nikola Energy 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Mary L Petrovich director