Nikola Revenue, Growth & Competitor Profile

DBA BLUEGENTECH LLC
DBA NIKOLA MOTOR COMPANY

Company Profile & Annual Report for Nikola

Access the complete profile.

Nikola Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	3361 Motor Vehicle Manufacturing
Additional NAICS Codes	336111 Automobile Manufacturing
Address	4141 E. Broadway Road Phoenix, AZ 84040

Note: Revenues for privately held companies are statistical evaluations.


Nikola's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Nikola's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Nikola is classified as operating in the Motor Vehicle Manufacturing industry, NAICS Code 3361.

Nikola Annual Revenue and Growth Rate

Nikola	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Nikola's revenues are gauged from an analysis of company filings.

Nikola's Income Statement (based on Industry Averages)

Nikola P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Nikola has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
June 17, 2021	1	0%	$300 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Nikola is developing and marketing. Nikola doesn't have any recent trademark applications, indicating Nikola is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
HYLA Fuel, namely, liquid fuel and gaseous fuel; fuel for motor vehicles and for fuel cell vehicles, namely, liquid and gaseous fuel; hydrogen fuel	03/16/2022
TWO Hydrogen fuel cell electrically powered motor vehicles, namely, semi-trailer trucks, commercial vehicles and heavy duty vehicles; hydrogen fuel cell electric land vehicles, namely, semi-trailer trucks, commercial motor vehicles and heavy duty motor vehicles; hydrogen fuel cell electric motor land vehicles, namely, semi-trailer trucks, commercial vehicles and heavy duty vehicles	10/06/2021
RECKLESS Motor vehicles, namely, utility terrain vehicles (UTVs) in the nature of side-by-sides, utility task vehicles, recreational off-highway vehicles, multipurpose off-highway utility vehicles and structural parts therefor; Automobiles; Structural parts for automobiles; Electric automobiles; Structural parts for electric automobiles; Land vehicles, namely, utility terrain vehicles (UTVs) in the nature of side-by-sides, utility task vehicles, recreational off-highway vehicles, and multipurpose off-highway utility vehicles; Motor vehicle body parts; Trim panels being bodyworks for motor vehicle bodies	01/13/2021

See all trademarks and details in the Full Report.

Market Share of Nikola's Largest Competitors

A competitive analysis shows these companies are in the same general field as Nikola, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
TESLA	Fremont, CA	100
GENERAL MOTORS	Detroit, MI	95
UAW-FORD VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST FUND	Detroit, MI	63
FCA US	Auburn Hills, MI	59
AMERICAN HONDA MOTOR	Marysville, OH	45
HONDA NORTH AMERICA	Marysville, OH	37
RIVIAN	Plymouth, MI	19
NISSAN NORTH AMERICA	Franklin, TN	18

Nearby Competitors

These companies are similar in business line and location to Nikola. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
NIKOLA	Phoenix, AZ	100
HIREVUE	South Jordan, UT	8
VIA MOTORS	Orem, UT	5
STOCKTON 12 AUTOMOTIVE	Sandy, UT	5
MERRILL	Clearfield, UT	2
ZECO EQUIPMENT	Vernal, UT	1
EXCEL BOAT	West Jordan, UT	1
VTD	Lindon, UT	1
ARTEC INDUSTRIES	North Salt Lake, UT	0
CAMNETICS MANUFACTURING	Clearfield, UT	0

Future Competition: Nikola's Fastest Growing Competitors

These companies are in the same general field as Nikola and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)