Nikola Corp Market Cap ($5.32 Million)
Market Cap & Net Worth: Nikola Corp (NKLA)
Nikola Corp market cap. Nikola Corp (NASDAQ:NKLA) has a market capitalization of $5.32 Million ($5.32 Million) as of November 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #28381 globally and #5846 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nikola Corp's stock price $0.06 by its total outstanding shares 84467800 (84.47 Million). Also see cash flow conversion of Nikola Corp for how efficiently the company converts equity into cash flow.
Nikola Corp Market Cap History (2018–2025)
Nikola Corp market cap history from 2018 to 2025. Data shows change from $24.58 Billion to $5.32 Million (-69.78% CAGR). Check NKLA stock price for real-time trading data and today's change.
Nikola Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nikola Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore NKLA net assets growth trend to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
61.87x
Nikola Corp's market cap is 61.87 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $24.58 Billion | $173.00K | -$64.29 Million | 142081.68x | N/A |
| 2019 | $26.15 Billion | $482.00K | -$88.66 Million | 54255.67x | N/A |
| 2020 | $38.67 Billion | $95.00K | -$383.68 Million | 407045.88x | N/A |
| 2021 | $25.01 Billion | $95.00K | -$686.86 Million | 263272.80x | N/A |
| 2022 | $5.47 Billion | $50.83 Million | -$763.57 Million | 107.69x | N/A |
| 2023 | $2.22 Billion | $35.84 Million | -$966.28 Million | 61.87x | N/A |
Competitor Companies of NKLA by Market Capitalization
Companies near Nikola Corp in the global market cap rankings as of November 4, 2026. Also see Nikola Corp assets under control for a full breakdown of the balance sheet.
Key companies related to Nikola Corp by market ranking:
- Caterpillar Inc (NYSE:CAT): Ranked #60 globally with a market cap of $291.99 Billion USD.
- Deere & Company (NYSE:DE): Ranked #138 globally with a market cap of $165.30 Billion USD.
- PACCAR Inc (NASDAQ:PCAR): Ranked #500 globally with a market cap of $53.70 Billion USD.
- AB Volvo (publ) (ST:VOLV-B): Ranked #507 globally with a market cap of $52.81 Billion USD ( Skr490.71 Billion SEK).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #60 | Caterpillar Inc | NYSE:CAT | $291.99 Billion | $623.94 |
| #138 | Deere & Company | NYSE:DE | $165.30 Billion | $665.83 |
| #500 | PACCAR Inc | NASDAQ:PCAR | $53.70 Billion | $102.03 |
| #507 | AB Volvo (publ) | ST:VOLV-B | $52.81 Billion | Skr308.10 |
Market Capitalization of Nikola Corp (2018–2025)
Market capitalization of Nikola Corp from 2018 to today. Between 2018 and today, Nikola Corp's market cap moved from $24.58 Billion to $ 5.32 Million, with a yearly change of -69.78%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $5.32 Million | -94.71% |
| 2024 | $100.52 Million | -95.47% |
| 2023 | $2.22 Billion | -59.49% |
| 2022 | $5.47 Billion | -78.12% |
| 2021 | $25.01 Billion | -35.32% |
| 2020 | $38.67 Billion | +47.87% |
| 2019 | $26.15 Billion | +6.39% |
| 2018 | $24.58 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 23rd, 2026 the market cap of Nikola Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $5.32 Million USD |
| MoneyControl | $5.32 Million USD |
| MarketWatch | $5.32 Million USD |
| marketcap.company | $5.32 Million USD |
| Reuters | $5.32 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Nikola Corp
Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and… Read more