Nokia (NOK) Cash & Equivalents (2012 - 2025)

Nokia (NOK) posted quarterly Cash & Equivalents of $6.2 billion for Q4 2025, down 17.53% year-on-year from $7.5 billion in Q4 2024, and down 17.53% on a QoQ basis from $7.5 billion in Q4 2024.

Nokia (NOK) Cash & Equivalents (2012 - 2025) Analysis & Trends

Nokia (NOK) has reported Cash & Equivalents for 14 consecutive years, with $6.2 billion the latest figure, recorded in Q4 2025.

  • Quarterly Cash & Equivalents fell 17.53% year-over-year to $6.2 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.2 billion (down 17.53% YoY) and the FY2025 annual result came in at $6.2 billion, down 17.53% from the prior year.
  • Cash & Equivalents declined to $6.2 billion in Q4 2025 per NOK's latest filing, from $7.5 billion in the prior quarter.
  • Over the last five years, Cash & Equivalents for NOK reached as high as $8.3 billion in Q1 2021 and fell as low as $5.8 billion in Q2 2023.
  • A 5-year average of $7.2 billion and a median of $7.5 billion in 2024 frame the typical range for Cash & Equivalents.
  • Annual changes were most pronounced in 2022 — Cash & Equivalents retreated 18.29% — and 2024, when it jumped 34.21%.
  • Year by year, Cash & Equivalents stood at $7.6 billion in 2021, then slipped by 18.29% to $6.2 billion in 2022, then rose by 14.03% to $7.1 billion in 2023, then gained by 6.24% to $7.5 billion in 2024, then decreased by 17.53% to $6.2 billion in 2025.
  • According to Business Quant data, Cash & Equivalents over the past three periods registered $6.2 billion, $7.5 billion, and $7.8 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn 7.08 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 886.00 Mn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 4.84 Bn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 1.12 Bn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 2.62 Bn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn 6.22 Bn
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn 368.66 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 4.38 Bn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn 3.03 Bn
10 Zebra Technologies 13.05 Bn 12.94 Bn 742.00 Mn 114.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 6.22 Bn
Dec 31, 2024 7.54 Bn
Jun 30, 2024 7.80 Bn
Dec 31, 2023 7.09 Bn
Jun 30, 2023 5.81 Bn
Dec 31, 2022 6.22 Bn
Dec 31, 2021 7.61 Bn
Sep 30, 2021 7.86 Bn
Mar 31, 2021 8.32 Bn
Dec 31, 2020 7.90 Bn
Sep 30, 2020 7.78 Bn
Jun 30, 2020 8.07 Bn
Mar 31, 2020 7.01 Bn
Dec 31, 2019 6.73 Bn
Sep 30, 2019 5.37 Bn
Jun 30, 2019 5.34 Bn
Mar 31, 2019 6.67 Bn
Dec 31, 2018 7.12 Bn
Sep 30, 2018 6.93 Bn
Jun 30, 2018 7.21 Bn