Nikola Revenue Growth Rates (NKLA), Current and Historic Growth - CSIMarket
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Nikola Corporation  (NKLA)
 

NKLA's Revenue Growth by Quarter and Year

Nikola's Revenue results by quarter and year




NKLA Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
4th Quarter December 4.82
3rd Quarter September 25.06
2nd Quarter June 31.27
1st Quarter March 7.43
FY 68.58

NKLAs Annual Revenue
Nikola's Revenue in the fiscal year 2024 $ 68.57 millions
Nikola's Revenue in the fiscal year 2023 $ 34.93 millions
Nikola's Revenue in the fiscal year 2022 $ 50.83 millions
Nikola's Revenue in the fiscal year 2021 $ 0.00 millions
Nikola's Revenue in the fiscal year 2020 $ 0.10 millions




NKLA Revenue fourth quarter 2024 Y/Y Growth Comment
Nikola Corporation reported drop in Revenue in the fourth quarter 2024 by -59.68% to $ 4.82 millions, from the same quarter in 2023.
The fall in the fourth quarter 2024 Nikola Corporation's Revenue compares unfavorably to the Company's average Revenue rise of 24.91%.

Looking into fourth quarter 2024 results within EV, Auto & Truck Manufacturers industry 28 other companies have achieved higher Revenue growth. While Nikola Corporation' s Revenue meltdown of -59.68% ranks overall at the positon no. 4282 in the fourth quarter 2024.




NKLA Revenue ( Y/Y Growth %) 2024
2023 2022 2021
4th Quarter December -59.68 % 82.16 % - -
3rd Quarter September - - - -
2nd Quarter June 117.61 % -20.74 % - -
1st Quarter March -33.18 % 488.36 % - -
FY   96.27 % -31.25 % - -

Financial Statements
Nikola's fourth quarter 2024 Revenue $ 4.82 millions NKLA's Income Statement
Nikola's fourth quarter 2023 Revenue $ 11.95 millions Quarterly NKLA's Income Statement


NKLA Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
4th Quarter December -80.77 % - -72.94 % -
3rd Quarter September -19.86 % - 33.7 % -
2nd Quarter June 320.86 % 29.23 % 859.26 % -
1st Quarter March -37.82 % 69.51 % - -
FY (Year on Year)   96.27 % -31.25 % - -




Revenue fourth quarter 2024 Y/Y Growth Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry #29
Consumer Discretionary Sector #188
Overall #4282

Revenue Y/Y Growth Statistics
High Average Low
489.14 % 24.91 % -100 %
(Sep 30 2024)   (Mar 31 2024)
Revenue fourth quarter 2024 Y/Y Growth Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry #29
Consumer Discretionary Sector #188
Overall #4282
Revenue Y/Y Growth Statistics
High Average Low
489.14 % 24.91 % -100 %
(Sep 30 2024)   (Mar 31 2024)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Nikola's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
861 % 82.1 % -100 %
(Jun 30 2022)  


NKLA's IV. Quarter Q/Q Revenue Comment
In the IV. Quarter 2024 Nikola Corporation disclosed fall in Revenue from the third quarter by -80.77% to $ 4.82 millions, from $ 25.06 millions achived in the previous reporting period.

Within EV, Auto & Truck Manufacturers industry 19 other companies have achieved higher Revenue quarter on quarter growth. While Nikola's Revenue growth quarter on quarter, overall rank is 3769.


Revenue Q/Q Growth Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry #20
Consumer Discretionary Sector #168
Overall #3769
Revenue Q/Q Growth Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry #20
Consumer Discretionary Sector #168
Overall #3769
Revenue Q/Q Growth Statistics
High Average Low
861 % 82.1 % -100 %
(Jun 30 2022)  


NKLA's IV. Quarter Q/Q Revenue Comment
In the IV. Quarter 2024 Nikola Corporation disclosed fall in Revenue from the third quarter by -80.77% to $ 4.82 millions, from $ 25.06 millions achived in the previous reporting period.

Within EV, Auto & Truck Manufacturers industry 19 other companies have achieved higher Revenue quarter on quarter growth. While Nikola's Revenue growth quarter on quarter, overall rank is 3769.


Nikola's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2024)
12 Months Ending
(Sep 30 2024)
12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
Cumulative Revenue 12 Months Ending $ 68.57 $ 75.71 $ 48.15 $ 31.24 $ 34.93
Y / Y Revenue Growth (TTM) 96.3 % 156.23 % -14.47 % -47.98 % -31.27 %
Year on Year Revenue Growth Overall Ranking # 3529 # 3345 # 2785 # 2364 # 1761
Seqeuential Revenue Change (TTM) -9.42 % 57.24 % 54.11 % -10.57 % 18.23 %
Seq. Revenue Growth (TTM) Overall Ranking # 955 # 3497 # 2129 # 567 # 352


Cumulative Revenue growth Comment
Assuming the Nikola's fiscal year would have ended in Dec 31 2024, Nikola would have reprted above average annual Revenue growth of 96.3% year on year, of $ 69 millions.
This marks a slow-down of the companys growth trends and from the 156.23% surge in Sep 30 2024.

In the Consumer Discretionary sector 154 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 3345 to 3529.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 9
Consumer Discretionary Sector # 155
Overall # 3529

Revenue TTM Y/Y Growth Statistics
High Average Low
156.23 %
31.76 %
-47.98 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 9
Sector # 23
S&P 500 # 955
Cumulative Revenue growth Comment
Assuming the Nikola's fiscal year would have ended in Dec 31 2024, Nikola would have reprted above average annual Revenue growth of 96.3% year on year, of $ 69 millions.
This marks a slow-down of the companys growth trends and from the 156.23% surge in Sep 30 2024.

In the Consumer Discretionary sector 154 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 3345 to 3529.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 9
Consumer Discretionary Sector # 155
Overall # 3529

Revenue TTM Y/Y Growth Statistics
High Average Low
156.23 %
31.76 %
-47.98 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 9
Sector # 23
S&P 500 # 955




Other Revenue Growth
EV, Auto & Truck Manufacturers Industry Revenue Growth Trends and Statistics
Consumer Discretionary Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
NKLA's Revenue Growth Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue surge for the quarter ending Dec 31 2024 within Consumer Discretionary SectorY/Y Change %Revenue for the quarter ending Dec 31 2024
Weyco Group inc -0.15%$ -0.148 millions
Aptiv Plc-0.24%$ -0.244 millions
VOLKSWAGEN GROUP-0.64%$ -0.639 millions
Cummins Inc -1.12%$ -1.124 millions
Superior Group Of Companies Inc -1.24%$ -1.245 millions
Masterbrand Inc -1.39%$ -1.388 millions
Carter s Inc -1.40%$ -1.403 millions
Crown Crafts Inc-1.43%$ -1.434 millions
Perfect Moment Ltd -1.75%$ -1.753 millions
Cooper standard Holdings Inc -2.03%$ -2.028 millions
Lear Corp-2.17%$ -2.167 millions
Escalade Incorporated-2.39%$ -2.388 millions
The Goodyear Tire and Rubber Company-3.30%$ -3.303 millions
The Dixie Group Inc-3.43%$ -3.429 millions
Gentherm Incorporated-3.64%$ -3.636 millions
Lci Industries-4.11%$ -4.108 millions
Lkq Corporation-4.11%$ -4.113 millions
V F Corporation-4.27%$ -4.269 millions
Icahn Enterprises l p -4.37%$ -4.371 millions
Adient Plc-4.51%$ -4.508 millions
Tandy Leather Factory Inc-4.63%$ -4.630 millions
Stoneridge Inc -4.91%$ -4.909 millions
Visteon Corp-5.15%$ -5.152 millions
Leggett and Platt Inc-5.22%$ -5.221 millions
Tile Shop Holdings Inc -5.28%$ -5.283 millions
Phinia Inc -5.56%$ -5.556 millions
Dauch Corporation-5.62%$ -5.623 millions
Under Armour Inc -5.72%$ -5.723 millions
Ethan Allen Interiors Inc -5.88%$ -5.880 millions
Wolverine World Wide Inc -6.13%$ -6.129 millions


About Nikola Revenue Growth Rates (NKLA), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Nikola Corp (CIK 1731289).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001731289-25-000065
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Nikola Corp’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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