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| Date | Value |
|---|---|
| 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 |