Nikola (MEX:NKLA) Total Operating Expense: MXN6,619 Mil (TTM As of Dec. 2024)


MEX:NKLA Nikola Corp MEX:NKLA
12 GF Score
Price MXN3.79
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What is Nikola Total Operating Expense?

Nikola MEX:NKLA 12 Total Operating Expense is MXN6,619 Mil as of Dec. 2024. GuruFocus rates MEX:NKLA with a GF Score™ of 12/100.

Nikola's Total Operating Expense for the three months ended in Dec. 2024 was MXN2,120 Mil. Nikola's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN6,619 Mil.

Nikola Total Operating Expense Related Terms

Nikola Total Operating Expense Historical Data

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The historical data trend for Nikola's Total Operating Expense 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 Total Operating Expense Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Operating Expense
Get a 7-Day Free Trial 7,327.08 14,226.99 12,022.52 7,396.73 7,284.33

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Operating Expense 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 1,520.89 1,456.95 1,399.62 1,642.74 2,120.15
MEX:NKLA
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Nikola Corp MEX:NKLA
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikola Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 MXN6,619 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.

What does a Total Operating Expense of MXN6,619 Mil mean?
Nikola (MEX:NKLA) has a Total Operating Expense of MXN6,619 Mil as of Dec. 2024. Total operating expense is the primary recurring expense associated with central operations. View historical data on Nikola and its competitors.
Is Nikola's Total Operating Expense too high?
Nikola's current Total Operating Expense is MXN6,619 Mil. Overall, Nikola has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nikola's Total Operating Expense compare to NMHI and GP?
Nikola's Total Operating Expense of MXN6,619 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 Total Operating Expense for a Farm & Heavy Construction Machinery company?
A good Total Operating Expense depends on the Farm & Heavy Construction Machinery industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Nikola and its competitors. Nikola's current Total Operating Expense is MXN6,619 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 (MEX:NKLA) has a current Total Operating Expense of MXN6,619 Mil. The current Total Operating Expense is MXN6,619 Mil. Nikola's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Nikola (MEX:NKLA), the current Total Operating Expense is MXN6,619 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.
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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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