Nikola Corp Annual Depreciation in USD from 2020 to 2023

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 2020 to 2023.
  • Nikola Corp Depreciation for the quarter ending September 30, 2024 was $9.9M, a 34.4% decline year-over-year.
  • Nikola Corp Depreciation for the twelve months ending September 30, 2024 was $32.9M, a 18.3% increase year-over-year.
  • 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.
  • Nikola Corp annual Depreciation for 2021 was $8.2M, a 36.7% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $28.9M +$14.5M +101% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
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.