Nokia (NOK) Free Cash Flow (2009 - 2024)

Nokia (NOK) posted quarterly Free Cash Flow of $826.2 million for Q2 2024, down 66.65% on a QoQ basis from $2.5 billion in Q1 2024.

Nokia (NOK) Free Cash Flow (2009 - 2024) Analysis & Trends

Nokia (NOK) has reported Free Cash Flow for 14 consecutive years, with $826.2 million the latest figure, recorded in Q2 2024.

  • Quarterly Free Cash Flow changed N/A year-over-year to $826.2 million in Q2 2024, while the trailing twelve-month figure through Dec 2025 was $0.0 (down 100.0% YoY) and the FY2025 annual result came in at $2.2 billion, down 20.42% from the prior year.
  • Free Cash Flow fell to $826.2 million in Q2 2024 per NOK's latest filing, from $2.5 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for NOK reached as high as $2.9 billion in Q3 2021 and fell as low as -$999.1 million in Q2 2020.
  • A 3-year average of $1.2 billion and a median of $1.2 billion in 2020 frame the typical range for Free Cash Flow.
  • The largest YoY upside for Free Cash Flow was 882.05% in 2020 against a maximum downside of 47.7% in 2020.
  • Year by year, Free Cash Flow stood at $1.1 billion in 2020, then surged by 172.53% to $2.9 billion in 2021, then slumped by 71.42% to $826.2 million in 2024.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $826.2 million, $2.5 billion, and $2.9 billion for Q2 2024, Q1 2024, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Cisco Systems 453.37 Bn 436.73 Bn 10.08 Bn 3.34 Bn
2 Motorola Solutions 69.91 Bn 69.02 Bn 1.36 Bn 389.00 Mn
3 Hewlett Packard Enterprise 64.61 Bn 59.76 Bn 9.10 Bn 609.00 Mn
4 Lumentum Holdings 54.30 Bn 51.12 Bn 357.00 Mn 79.10 Mn
5 Ciena 54.23 Bn 52.93 Bn 625.52 Mn 212.74 Mn
6 Nokia 50.21 Bn 42.90 Bn 9.86 Bn -
7 Ubiquiti 32.00 Bn 31.63 Bn 370.71 Mn 162.23 Mn
8 Ericsson Lm Telephone 31.88 Bn 26.21 Bn 2.53 Bn 664.31 Mn
9 AST SpaceMobile 16.93 Bn 16.93 Bn 3.67 Mn -309.66 Mn
10 Zebra Technologies 12.94 Bn 12.83 Bn 742.00 Mn 163.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 826.15 Mn
Jun 30, 2024 826.15 Mn
Mar 31, 2024 2.48 Bn
Mar 31, 2024 2.48 Bn
Sep 30, 2021 2.89 Bn
Sep 30, 2021 2.89 Bn
Mar 31, 2021 1.66 Bn
Mar 31, 2021 1.66 Bn
Dec 31, 2020 1.06 Bn
Dec 31, 2020 1.06 Bn
Sep 30, 2020 1.39 Bn
Sep 30, 2020 1.39 Bn
Jun 30, 2020 -999.12 Mn
Jun 30, 2020 -999.12 Mn
Mar 31, 2020 327.73 Mn
Mar 31, 2020 327.73 Mn
Dec 31, 2019 2.03 Bn
Dec 31, 2019 2.03 Bn
Sep 30, 2019 -177.52 Mn
Sep 30, 2019 -177.52 Mn