Nokia NOK
NYSE NOK
$10.05 +0.28 (+2.87%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nokia (NOK) EBITDA (2009 - 2025)

Nokia's (NOK) quarterly EBITDA came in at $1.2 billion in Q4 2025, up 34.99% year-over-year from $920.1 million in Q4 2024, and up 198.98% quarter-over-quarter from $415.4 million in Q2 2025.

Analysis

Nokia (NOK) EBITDA (2009 - 2025) Analysis & Trends

Nokia has disclosed EBITDA across 17 years of filings, most recently posting $1.2 billion for Q4 2025.

  • In Q4 2025, EBITDA rose 34.99% year-over-year to $1.2 billion; the TTM figure through Dec 2025 stood at $2.9 billion (up 23.07% YoY), while the FY2025 annual figure was $2.4 billion, up 10.85% from the prior year.
  • EBITDA came in at $1.2 billion for Q4 2025 at Nokia, up from $415.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $1.2 billion in Q4 2025 to a low of $258.0 million in Q3 2023.
  • Average EBITDA over 5 years is $593.9 million, with a median of $574.6 million recorded in 2023.
  • Year-over-year, EBITDA jumped 123.98% in 2021 and tumbled 36.15% in 2023.
  • Over 5 years, EBITDA stood at $846.5 million in 2021, then rose by 6.3% to $899.9 million in 2022, then plunged by 36.15% to $574.6 million in 2023, then jumped by 60.14% to $920.1 million in 2024, then soared by 34.99% to $1.2 billion in 2025.
  • Per Business Quant data, the three most recent EBITDA figures were $1.2 billion in Q4 2025, $415.4 million in Q2 2025, and $920.1 million in Q4 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Asml Holding 660.95 Bn 645.44 Bn 5.90 Bn -
2 Hsbc Holdings 367.89 Bn 367.94 Bn - -
3 General Electric 349.68 Bn 340.56 Bn 6.95 Bn -3.91 Bn
4 Astrazeneca 252.14 Bn 246.93 Bn 12.86 Bn 3.16 Bn
5 Citigroup 231.03 Bn -2,068.84 Bn 24.75 Bn 10.53 Bn
6 Bhp 229.70 Bn 211.16 Bn - -1.07 Bn
7 Diageo 216.99 Bn 217.04 Bn - -
8 Rio Tinto 206.31 Bn 201.93 Bn - -
9 Ferrari 152.22 Bn 150.47 Bn 1.18 Bn 703.29 Mn
10 Nokia 57.71 Bn 51.06 Bn 3.40 Bn 1.24 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 1.24 Bn
Jun 30, 2025 415.43 Mn
Dec 31, 2024 920.06 Mn
Sep 30, 2024 305.31 Mn
Jun 30, 2024 465.22 Mn
Mar 31, 2024 651.82 Mn
Dec 31, 2023 574.55 Mn
Sep 30, 2023 258.00 Mn
Jun 30, 2023 274.41 Mn
Mar 31, 2023 360.64 Mn
Dec 31, 2022 899.86 Mn
Dec 31, 2021 846.54 Mn
Sep 30, 2021 592.00 Mn
Jun 30, 2021 582.87 Mn
Mar 31, 2021 519.89 Mn
Dec 31, 2020 377.96 Mn
Sep 30, 2020 321.22 Mn
Jun 30, 2020 310.61 Mn
Mar 31, 2020 320.14 Mn
Dec 31, 2019 1.49 Bn