Nokia (NOK) Cost of Revenue (2009 - 2025)
Nokia's (NOK) quarterly Cost of Revenue came in at -$10.1 billion in Q4 2025, down 215.61% year-on-year from $8.7 billion in Q4 2024, and down 215.61% quarter-over-quarter from $8.7 billion in Q4 2024.
Nokia (NOK) Cost of Revenue (2009 - 2025) Analysis & Trends
Nokia has disclosed Cost of Revenue across 14 years of filings, most recently posting -$10.1 billion for Q4 2025.
- Cost of Revenue for Q4 2025 came in at -$10.1 billion, down 215.61% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.1 billion (down 89.43% YoY), and the FY2025 annual result was $12.7 billion, up 14.65% from the prior year.
- Cost of Revenue came in at -$10.1 billion for Q4 2025 at Nokia, down from $8.7 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $8.7 billion in Q4 2024 to a low of -$10.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 148.87 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 1.35 Bn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 1.05 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 432.10 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 417.49 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 84.10 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 6.35 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 189.00 Mn |
| 10 | Nokia | 4.12 Bn | -2.64 Bn | 10.09 Bn | -10.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -10.08 Bn |
| Dec 31, 2025 | -10.08 Bn |
| Dec 31, 2024 | 8.72 Bn |
| Dec 31, 2024 | 8.72 Bn |
| Sep 30, 2024 | -129.59 Mn |
| Sep 30, 2024 | -129.59 Mn |
| Jun 30, 2024 | 3.54 Bn |
| Jun 30, 2024 | 3.54 Bn |
| Mar 31, 2024 | 7.28 Bn |
| Mar 31, 2024 | 7.28 Bn |
| Dec 31, 2020 | -11.64 Bn |
| Dec 31, 2020 | -11.64 Bn |
| Sep 30, 2020 | 17.49 Bn |
| Sep 30, 2020 | 17.49 Bn |
| Jun 30, 2020 | 10.65 Bn |
| Jun 30, 2020 | 10.65 Bn |
| Mar 31, 2020 | 3.81 Bn |
| Mar 31, 2020 | 3.81 Bn |
| Dec 31, 2019 | 4.64 Bn |
| Dec 31, 2019 | 4.64 Bn |