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| Date | Value |
|---|---|
| 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 |