Depreciation in USD of Nikola Corp from Q2 2019 to Q4 2024

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Nikola Corp quarterly/annual Depreciation history and growth rate from Q2 2019 to Q4 2024.
  • Nikola Corp Depreciation for the quarter ending December 31, 2024 was $10.8M, a 112% increase year-over-year.
  • Nikola Corp Depreciation for the twelve months ending December 31, 2024 was $38.6M, a 33.6% increase year-over-year.
  • Nikola Corp annual Depreciation for 2024 was $38.6M, a 33.6% increase from 2023.
  • Nikola Corp annual Depreciation for 2023 was $28.9M, a 101% increase from 2022.
  • Nikola Corp annual Depreciation for 2022 was $14.4M, a 75.6% increase from 2021.
Depreciation, Trailing 12 Months (USD)
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Growth (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)

Nikola Corp Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q4 2024 $38.6M $10.8M +$5.7M +112% Oct 1, 2024 Dec 31, 2024 10-K 2025-10-09
Q3 2024 $32.9M $9.9M -$5.2M -34.4% Jul 1, 2024 Sep 30, 2024 10-Q 2024-10-31
Q2 2024 $38.1M $9.3M +$4.8M +107% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-09
Q1 2024 $33.3M $8.6M +$4.4M +105% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-07
Q4 2023 $28.9M $5.1M +$1.1M +27.5% Oct 1, 2023 Dec 31, 2023 10-K 2025-10-09
Q3 2023 $27.8M $15.1M +$11.2M +287% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-31
Q2 2023 $16.6M $4.5M +$1M +28.6% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-09
Q1 2023 $15.6M $4.2M +$1.2M +40% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-07
Q4 2022 $14.4M $4M +$1.7M +73.9% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-28
Q3 2022 $12.7M $3.9M +$1.7M +77.3% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-02
Q2 2022 $11M $3.5M +$1.6M +84.2% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $9.4M $3M +$1.2M +66.7% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-09
Q4 2021 $8.2M $2.3M +$700K +43.8% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-28
Q3 2021 $7.5M $2.2M +$700K +46.7% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-03
Q2 2021 $6.8M $1.9M +$400K +26.7% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-04
Q1 2021 $6.4M $1.8M +$400K +28.6% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-05
Q4 2020 $6M $1.6M Oct 1, 2020 Dec 31, 2020 Other 2023-08-17
Q3 2020 $1.5M +$900K +150% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-04
Q2 2020 $1.5M +$1.3M +650% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-03
Q1 2020 $1.4M Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-07
Q3 2019 $600K Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-09
Q2 2019 $200K Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-04

Nikola Corp Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $38.6M +$9.7M +33.6% Jan 1, 2024 Dec 31, 2024 10-K 2025-10-09
2023 $28.9M +$14.5M +101% Jan 1, 2023 Dec 31, 2023 10-K 2025-10-09
2022 $14.4M +$6.2M +75.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $8.2M +$2.2M +36.7% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $6M Jan 1, 2020 Dec 31, 2020 Other 2023-08-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.