NASDAQ$NKLAQ
Nikola Corp · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Nikola reported a net loss for the second quarter of 2021, but made progress in manufacturing and validation of its Nikola Tre BEVs.
Nikola Corporation reported financial results for the quarter ended June 30, 2021. The company continued to make progress on its manufacturing facilities and validation of its Nikola Tre BEVs. Nikola acquired a 20% stake in the Wabash Valley Resources clean hydrogen project and entered into a purchase agreement with Tumim Stone Capital LLC for up to $300 million of Nikola common stock.
- Continued progress in commissioning and validating the Nikola Tre BEVs.
- Completed both Ulm, Germany and Phase 0.5 of Coolidge, Arizona manufacturing facilities.
- Entered into a purchase agreement with Tumim Stone Capital LLC for up to $300 million of Nikola common stock.
- Acquired a 20% stake in the Wabash Valley Resources clean hydrogen project in West Terra Haute, Indiana.
Headline financials
Revenue & EPS history
Nikola · Revenue · Quarterly
$0
Revenue by segment
Nikola · $36K total across 1 segment · Q2 2020
- Solar Revenues$36K—100.0%
Forward guidance
Nikola anticipates achieving several milestones in the second half of 2021.
Tailwinds
- Deliver pre-series Nikola Tre BEVs for use on public roads hauling customer freight.
- Announce additional fleet testing customers/dealers.
- Break ground on our first commercial hydrogen station and/or centralized hydrogen production facility.
- Announce additional hydrogen infrastructure/ecosystem partners
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 13 quarterly earnings reports
+211.7%
Avg return
Earnings day
-12.0%
Avg return
5 days after
-20.4%
Avg return
30 days after
41%
11 / 27 earnings
Positive
+2900.0%
Q3 2019
Best reaction
-29.7%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2024 | +3.3% | -24.1% | -1.9% | |
| Q3 2024 | -11.1% | -24.4% | -54.2% | |
| Q2 2024 | +2.8% | -1.0% | -32.3% | |
| Q1 2024 | -9.1% | -10.3% | -20.8% | |
| Q4 2023 | +8.8% | +8.1% | -5.8% | |
| Q3 2023 | +8.6% | -1.0% | -6.8% | |
| Q2 2023 | -29.7% | -43.0% | -65.6% | |
| Q1 2023 | -18.8% | -22.4% | -38.9% | |
| Q4 2022 | -4.7% | -4.8% | -36.1% | |
| Q3 2022 | -10.3% | -15.1% | -13.9% | |
| Q2 2022 | +7.6% | -7.1% | -29.8% | |
| Q1 2022 | -6.3% | -22.7% | -7.4% | |
| Q4 2021 | +15.7% | +12.0% | +48.4% | |
| Q3 2021 | +3.4% | — | — | |
| Q2 2021 | -5.2% | — | — | |
| Q1 2021 | +11.0% | — | — | |
| Q4 2020 | -14.5% | — | — | |
| Q3 2020 | -7.9% | — | — | |
| Q2 2020 | -4.0% | — | — | |
| Q1 2020 | -3.6% | — | — | |
| Q4 2019 | -20.0% | — | — | |
| Q3 2019 | +2900.0% | — | — | |
| Q2 2019 | +2900.0% | — | — | |
| Q1 2019 | +0.0% | — | — | |
| Q4 2018 | +0.0% | — | — | |
| Q3 2018 | +0.4% | — | — | |
| Q2 2018 | +0.0% | — | — |
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