Nokia (NOK) Enterprise Value (2009 - 2025)

Nokia (NOK) posted quarterly Enterprise Value of -$7.3 billion for Q4 2025, up 22.46% year-on-year from -$6.0 billion in Q4 2024, and up 22.46% on a QoQ basis from -$9.4 billion in Q4 2024.

Nokia (NOK) Enterprise Value (2009 - 2025) Analysis & Trends

Nokia (NOK) has reported Enterprise Value for 17 consecutive years, with -$7.3 billion the latest figure, recorded in Q4 2025.

  • Quarterly Enterprise Value rose 22.46% year-over-year to -$7.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$7.3 billion (up 22.46% YoY) and the FY2025 annual result came in at -$7.3 billion, up 22.46% from the prior year.
  • Enterprise Value climbed to -$7.3 billion in Q4 2025 per NOK's latest filing, from -$9.4 billion in the prior quarter.
  • Over the last five years, Enterprise Value for NOK reached as high as -$2.7 billion in Q1 2024 and fell as low as -$12.6 billion in Q3 2021.
  • A 5-year average of -$7.9 billion and a median of -$7.8 billion in 2021 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2021 — Enterprise Value jumped 56.92% — and 2024, when it plunged 84.46%.
  • Year by year, Enterprise Value stood at -$7.8 billion in 2021, then slipped by 24.03% to -$9.7 billion in 2022, then climbed by 9.82% to -$8.8 billion in 2023, then dropped by 7.47% to -$9.4 billion in 2024, then grew by 22.46% to -$7.3 billion in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$7.3 billion, -$9.4 billion, and -$6.2 billion for Q4 2025, Q4 2024, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Cisco Systems 448.95 Bn 432.31 Bn 10.08 Bn -16.64 Bn
2 Motorola Solutions 70.17 Bn 69.28 Bn 1.36 Bn -867.00 Mn
3 Hewlett Packard Enterprise 63.11 Bn 58.27 Bn 9.10 Bn -4.84 Bn
4 Ciena 52.57 Bn 51.27 Bn 625.52 Mn -1.30 Bn
5 Lumentum Holdings 51.40 Bn 48.22 Bn 357.00 Mn -3.17 Bn
6 Nokia 49.01 Bn 41.70 Bn 9.86 Bn -7.31 Bn
7 Ubiquiti 32.06 Bn 31.69 Bn 370.71 Mn -368.66 Mn
8 Ericsson Lm Telephone 31.95 Bn 26.27 Bn 2.53 Bn -5.60 Bn
9 AST SpaceMobile 16.76 Bn 16.76 Bn 3.67 Mn -2.45 Bn
10 Zebra Technologies 12.97 Bn 12.86 Bn 742.00 Mn -114.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -7.31 Bn
Dec 31, 2024 -9.43 Bn
Sep 30, 2024 -6.21 Bn
Jun 30, 2024 -9.81 Bn
Mar 31, 2024 -2.73 Bn
Dec 31, 2023 -8.77 Bn
Sep 30, 2023 -3.37 Bn
Jun 30, 2023 -7.82 Bn
Dec 31, 2022 -9.73 Bn
Dec 31, 2021 -7.84 Bn
Sep 30, 2021 -12.63 Bn
Jun 30, 2021 -4.20 Bn
Mar 31, 2021 -12.43 Bn
Dec 31, 2020 -8.05 Bn
Sep 30, 2020 -9.81 Bn
Jun 30, 2020 -9.74 Bn
Mar 31, 2020 -8.42 Bn
Dec 31, 2019 -6.73 Bn
Sep 30, 2019 -4.80 Bn
Jun 30, 2019 -5.64 Bn