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 | 456.97 Bn | 440.33 Bn | 10.08 Bn | 7.08 Bn |
| 2 | Motorola Solutions | 73.10 Bn | 72.21 Bn | 1.36 Bn | 886.00 Mn |
| 3 | Hewlett Packard Enterprise | 60.19 Bn | 55.35 Bn | 9.10 Bn | 4.84 Bn |
| 4 | Ciena | 48.54 Bn | 47.24 Bn | 625.52 Mn | 1.12 Bn |
| 5 | Nokia | 48.12 Bn | 40.81 Bn | 9.86 Bn | 6.22 Bn |
| 6 | Lumentum Holdings | 46.15 Bn | 42.98 Bn | 357.00 Mn | 2.62 Bn |
| 7 | Ericsson Lm Telephone | 33.10 Bn | 27.42 Bn | 2.53 Bn | 4.38 Bn |
| 8 | Ubiquiti | 32.36 Bn | 31.99 Bn | 370.71 Mn | 368.66 Mn |
| 9 | AST SpaceMobile | 16.27 Bn | 16.27 Bn | 3.67 Mn | 3.03 Bn |
| 10 | Zebra Technologies | 13.64 Bn | 13.53 Bn | 742.00 Mn | 114.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |