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Nikola EBIT

Nikola's EBIT is $-940M, below the Industrials sector average of $41B.

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Quarterly EBIT

-$470.58M
↓ 272.97% YoY

As of Dec 31, 2024

Annual EBIT (TTM)

-$936.26M
↓ 34.8% YoY

Trailing 12 months ending Dec 31, 2024

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Nikola (NKLA) FAQ

As of the most recent data (December 2024), NKLA shows a EBIT of $-940M. That compares with $-690M in the prior-year period — down 34.8% year over year. That is below the Industrials sector average of $41B. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, NKLA's EBIT is now $-940M (was $-690M) — a 34.8% year-over-year decrease. Pairing that YoY change with peer averages gives a clearer picture of whether Nikola is outperforming or lagging.

The Industrials sector average EBIT is about $41B. Nikola is at $-940M, which is lower that average. That is roughly 102.3% below the sector mean. Use the comparison chart on this page to see how NKLA stacks up against individual peers as well.

Tracking NKLA's ebit over time shows whether Nikola is scaling, shrinking, or reshaping that part of the business. The current reading is $-940M That compares with $-690M in the prior-year period — down 34.8% year over year. Multi-quarter patterns matter more than any single print, which is why this page emphasizes history and peer comparison charts.

Besides this ebit page, Stockcircle has Nikola's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect EBIT (currently $-940M) with ownership activity and broader fundamentals.