Nokia (NOK) Cash & Current Investments (2009 - 2025)

Nokia (NOK) posted quarterly Cash & Current Investments of $7.3 billion for Q4 2025, down 22.46% year-on-year from $9.4 billion in Q4 2024, and down 22.46% on a QoQ basis from $9.4 billion in Q4 2024.

Nokia (NOK) Cash & Current Investments (2009 - 2025) Analysis & Trends

Nokia (NOK) has reported Cash & Current Investments for 17 consecutive years, with $7.3 billion the latest figure, recorded in Q4 2025.

  • Quarterly Cash & Current Investments fell 22.46% year-over-year to $7.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.3 billion (down 22.46% YoY) and the FY2025 annual result came in at $7.3 billion, down 22.46% from the prior year.
  • Cash & Current Investments eased to $7.3 billion in Q4 2025 per NOK's latest filing, from $9.4 billion in the prior quarter.
  • Over the last five years, Cash & Current Investments for NOK reached as high as $12.7 billion in Q3 2021 and fell as low as $2.7 billion in Q1 2024.
  • A 5-year average of $7.9 billion and a median of $7.9 billion in 2023 frame the typical range for Cash & Current Investments.
  • Annual changes were most pronounced in 2021 — Cash & Current Investments slumped 57.3% — and 2024, when it soared 84.46%.
  • Year by year, Cash & Current Investments stood at $7.8 billion in 2021, then gained by 24.03% to $9.7 billion in 2022, then decreased by 8.75% to $8.9 billion in 2023, then gained by 6.22% to $9.4 billion in 2024, then declined by 22.46% to $7.3 billion in 2025.
  • According to Business Quant data, Cash & Current Investments over the past three periods registered $7.3 billion, $9.4 billion, and $6.2 billion for Q4 2025, Q4 2024, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Current Investments (Qtr)
1 Cisco Systems 449.90 Bn 433.26 Bn 10.08 Bn 16.64 Bn
2 Motorola Solutions 70.79 Bn 69.91 Bn 1.36 Bn 886.00 Mn
3 Hewlett Packard Enterprise 62.79 Bn 57.95 Bn 9.10 Bn 4.84 Bn
4 Ciena 52.38 Bn 51.08 Bn 625.52 Mn 1.30 Bn
5 Lumentum Holdings 50.14 Bn 46.97 Bn 357.00 Mn 3.17 Bn
6 Nokia 48.70 Bn 41.39 Bn 9.86 Bn 7.31 Bn
7 Ubiquiti 32.21 Bn 31.84 Bn 370.71 Mn 368.66 Mn
8 Ericsson Lm Telephone 31.94 Bn 26.26 Bn 2.53 Bn 5.68 Bn
9 AST SpaceMobile 16.52 Bn 16.52 Bn 3.67 Mn -
10 Zebra Technologies 12.98 Bn 12.86 Bn 742.00 Mn 114.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 7.31 Bn
Dec 31, 2024 9.43 Bn
Sep 30, 2024 6.21 Bn
Jun 30, 2024 9.92 Bn
Mar 31, 2024 2.73 Bn
Dec 31, 2023 8.87 Bn
Sep 30, 2023 3.37 Bn
Jun 30, 2023 7.93 Bn
Dec 31, 2022 9.73 Bn
Dec 31, 2021 7.84 Bn
Sep 30, 2021 12.75 Bn
Jun 30, 2021 4.20 Bn
Mar 31, 2021 12.52 Bn
Dec 31, 2020 8.14 Bn
Sep 30, 2020 9.91 Bn
Jun 30, 2020 9.83 Bn
Mar 31, 2020 8.51 Bn
Dec 31, 2019 6.82 Bn
Sep 30, 2019 4.89 Bn
Jun 30, 2019 5.73 Bn