Nokia (NOK) Cash & Equivalents (2012 - 2025)
Nokia (NOK) posted Cash & Equivalents of $6.4 billion for Q4 2025, down 10.16% sequentially from $7.1 billion in Q4 2024, and down 10.16% YoY from $7.1 billion in Q4 2024.
Nokia (NOK) Cash & Equivalents (2012 - 2025) Analysis & Trends
Nokia has reported Cash & Equivalents for 14 years, with the latest figure at $6.4 billion in Q4 2025.
- Quarterly Cash & Equivalents fell 10.16% year-over-year to $6.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.4 billion (down 10.16% YoY) and the FY2025 annual result came in at $6.4 billion, down 10.16% from the prior year.
- Cash & Equivalents declined to $6.4 billion in Q4 2025 per NOK's latest filing, from $7.1 billion in the prior quarter.
- Over five years, Cash & Equivalents peaked at $8.8 billion in Q1 2021 and troughed at $5.6 billion in Q2 2023.
- A 5-year average of $7.0 billion and a median of $7.1 billion in 2024 frame the typical range for Cash & Equivalents.
- The sharpest annual moves came in 2022 and 2024: Cash & Equivalents dropped 27.13% in 2022, then surged 32.73% in 2024.
- Over 5 years, Cash & Equivalents stood at $7.7 billion in 2021, then decreased by 27.13% to $5.6 billion in 2022, then climbed by 20.25% to $6.7 billion in 2023, then gained by 5.51% to $7.1 billion in 2024, then declined by 10.16% to $6.4 billion in 2025.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $6.4 billion, $7.1 billion, and $7.4 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 | 438.65 Bn | 422.01 Bn | 10.08 Bn | 7.08 Bn |
| 2 | Motorola Solutions | 79.89 Bn | 79.18 Bn | 1.68 Bn | 710.00 Mn |
| 3 | Hewlett Packard Enterprise | 71.34 Bn | 66.04 Bn | 3.94 Bn | 5.29 Bn |
| 4 | Lumentum Holdings | 64.72 Bn | 61.98 Bn | 477.30 Mn | 2.04 Bn |
| 5 | Ciena | 56.27 Bn | 55.07 Bn | 691.55 Mn | 1.05 Bn |
| 6 | Nokia | 55.13 Bn | 48.38 Bn | 10.09 Bn | 6.36 Bn |
| 7 | Ericsson Lm Telephone | 33.91 Bn | 28.75 Bn | 2.58 Bn | 4.45 Bn |
| 8 | Ubiquiti | 33.46 Bn | 33.09 Bn | 370.71 Mn | 368.66 Mn |
| 9 | AST SpaceMobile | 20.56 Bn | 20.56 Bn | 9.12 Mn | 2.29 Bn |
| 10 | Zebra Technologies | 17.64 Bn | 17.49 Bn | 825.00 Mn | 157.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.36 Bn |
| Dec 31, 2024 | 7.08 Bn |
| Jun 30, 2024 | 7.38 Bn |
| Dec 31, 2023 | 6.71 Bn |
| Jun 30, 2023 | 5.56 Bn |
| Dec 31, 2022 | 5.58 Bn |
| Dec 31, 2021 | 7.65 Bn |
| Sep 30, 2021 | 8.14 Bn |
| Mar 31, 2021 | 8.82 Bn |
| Dec 31, 2020 | 8.27 Bn |
| Sep 30, 2020 | 7.98 Bn |
| Jun 30, 2020 | 7.81 Bn |
| Mar 31, 2020 | 6.80 Bn |
| Dec 31, 2019 | 6.54 Bn |
| Sep 30, 2019 | 5.25 Bn |
| Jun 30, 2019 | 5.27 Bn |
| Mar 31, 2019 | 6.66 Bn |
| Dec 31, 2018 | 7.15 Bn |
| Sep 30, 2018 | 5.58 Bn |
| Jun 30, 2018 | 5.96 Bn |