Nokia (NOK) Enterprise Value (2009 - 2025)

Nokia (NOK) posted Enterprise Value of -$7.5 billion for Q4 2025, up 15.54% sequentially from -$8.9 billion in Q4 2024, and up 15.54% YoY from -$6.5 billion in Q4 2024.

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

Nokia has reported Enterprise Value for 17 years, with the latest figure at -$7.5 billion in Q4 2025.

  • Quarterly Enterprise Value rose 15.54% year-over-year to -$7.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$7.5 billion (up 15.54% YoY) and the FY2025 annual result came in at -$7.5 billion, up 15.54% from the prior year.
  • Enterprise Value advanced to -$7.5 billion in Q4 2025 per NOK's latest filing, from -$8.9 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at -$2.6 billion in Q1 2024 and troughed at -$13.2 billion in Q1 2021.
  • A 5-year average of -$7.7 billion and a median of -$7.9 billion in 2021 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2021 and 2024: Enterprise Value soared 52.89% in 2021, then slumped 86.09% in 2024.
  • Over 5 years, Enterprise Value stood at -$7.9 billion in 2021, then declined by 10.62% to -$8.7 billion in 2022, then advanced by 4.89% to -$8.3 billion in 2023, then declined by 6.74% to -$8.9 billion in 2024, then climbed by 15.54% to -$7.5 billion in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$7.5 billion, -$8.9 billion, and -$6.0 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 440.02 Bn 423.38 Bn 10.08 Bn -16.64 Bn
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn -5.29 Bn
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn -694.00 Mn
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn -3.17 Bn
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn -7.48 Bn
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn -1.20 Bn
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn -368.66 Mn
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn -5.70 Bn
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn -1.79 Bn
10 Zebra Technologies 17.79 Bn 17.63 Bn 825.00 Mn -157.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -7.48 Bn
Dec 31, 2024 -8.85 Bn
Sep 30, 2024 -6.00 Bn
Jun 30, 2024 -9.28 Bn
Mar 31, 2024 -2.60 Bn
Dec 31, 2023 -8.29 Bn
Sep 30, 2023 -3.22 Bn
Jun 30, 2023 -7.48 Bn
Dec 31, 2022 -8.72 Bn
Dec 31, 2021 -7.88 Bn
Sep 30, 2021 -13.09 Bn
Jun 30, 2021 -4.44 Bn
Mar 31, 2021 -13.17 Bn
Dec 31, 2020 -8.43 Bn
Sep 30, 2020 -10.07 Bn
Jun 30, 2020 -9.43 Bn
Mar 31, 2020 -8.17 Bn
Dec 31, 2019 -6.55 Bn
Sep 30, 2019 -4.70 Bn
Jun 30, 2019 -5.57 Bn