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Nikola Motor revenue
Nikola Motor's revenue is $35.8 million.
What is Nikola Motor's revenue?
- Nikola Motor's revenue growth from 2018 to 2023 is 20,616.18%.
- Nikola Motor has 450 employees, and the revenue per employee ratio is $79,642.
- Nikola Motor's peak quarterly revenue was $7.5M in 2024(q1).
- Nikola Motor peak revenue was $49.7M in 2022.
- Nikola Motor annual revenue for 2022 was 49.7M, 52,242.11% growth from 2020.
- Nikola Motor annual revenue for 2023 was 35.8M, -27.93% growth from 2022.
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Nikola Motor historical revenue
Nikola Motor's peak revenue was $49.7M in 2022. The peak quarterly revenue was $7.5M in 2024(q1).
Nikola Motor's revenue increased from $173.0k in 2018 to $35.8M currently. That's a 20,616.18% change in annual revenue.
Nikola Motor annual revenue
Nikola Motor annual revenue over time
| Fiscal year / year | Nikola Motor revenue |
|---|---|
| 2018 | $173,000 |
| 2019 | $482,000 |
| 2020 | $95,000 |
| 2022 | $49.7M |
| 2023 | $35.8M |
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Nikola Motor annual growth
Nikola Motor saw the greatest revenue growth in 2022, when revenue increased by 53,400.0%.
Nikola Motor had the lowest revenue growth in 2020, when revenue changed by -80.29%.
Nikola Motor annual growth rate over time
| Year | Nikola Motor growth |
|---|---|
| 2019 | 179%↑ |
| 2020 | -80%↓ |
| 2022 | 52242%↑ |
| 2023 | -28%↓ |
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Nikola Motor financial information
| Industry | Automobiles & Components |
| Company Type | Public |
| Employees Number | 450 |
| Date Founded | 2014 |
| Headquarters | Phoenix, Arizona |
| Number of Locations | 1 |
| Revenue | $35.8M |
| Net Income | -$784,238,000 |
| Gross Proft | ($214.1M) (2023) |
| Tax Rate | -0.0% |
| Total Assets | $1,236,658,000 |
| Ticker | NKLA |
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Nikola Motor financing
Nikola Motor received early financing of $210.0M on 2018-08-07.
| Series | Round size | Date |
|---|---|---|
| Series C | $210M | 08/2018 |
| Grant | $1.7M | 08/2019 |
| Series D | $250M | 09/2019 |
| Post Ipo Equity | $525M | 06/2020 |
| Post Ipo Equity | $2B | 09/2020 |
Nikola Motor investors
| Investors | Security type |
|---|---|
| U.S. Department of Energy | Grant |
| HANWHA CORPORATION | Series D |
| CNH INDUSTRIAL N.V. | Series D |
| Bosch | Series D |
| P. Schoenfeld Asset Management | Post Ipo Equity |
| ValueAct Capital | Post Ipo Equity |
| Fidelity Management & Research Co LLC | Post Ipo Equity |
| General Motors Company | Post Ipo Equity |
Nikola Motor competitors
Nikola Motor's top competitor, Volkswagen, earned an annual revenue of $268.1B.
Nikola Motor's smallest competitor is Old Time Garage with revenue of $550.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Volkswagen AG | $52,255 | $268.1B | 313,010 | 53 |
| General Motors | $79,461 | $187.4B | 155,000 | 2,636 |
| PACCAR | $67,735 | $31.6B | 27,000 | 110 |
| Lucid Motors | $102,035 | $807.8M | 2,000 | 421 |
| Aptera | $57,176 | $2.0M | 35 | 2 |
| Rivian | $118,679 | $5.0B | 7,500 | 496 |
| South Point Dodge | $55,743 | $2.4M | 6 | 3 |
| Sawa. | $56,887 | $690,000 | 25 | - |
| Old Time Garage | $54,600 | $550,000 | 5 | - |
| Blu | $44,109 | $10.0M | 375 | 5 |
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Zippia gives an in-depth look into the details of Nikola Motor, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Nikola Motor. The employee data is based on information from people who have self-reported their past or current employments at Nikola Motor. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Nikola Motor. The data presented on this page does not represent the view of Nikola Motor and its employees or that of Zippia.
Nikola Motor may also be known as or be related to NIKOLA CORP, Nikola Corporation, Nikola Motor, Nikola Motor Company and Nikola Motor Company (2014–2020; now name of a subsidiary of Nikola Corporation).