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

Nokia's (NOK) quarterly Free Cash Flow came in at $663.4 million in Q2 2024, down 68.11% quarter-over-quarter from $2.1 billion in Q1 2024.

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

Nokia has disclosed Free Cash Flow across 14 years of filings, most recently posting $663.4 million for Q2 2024.

  • Free Cash Flow for Q2 2024 came in at $663.4 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was $663.4 million (down 75.82% YoY), and the FY2025 annual result was $2.2 billion, changed 0.08% from the prior year.
  • Free Cash Flow came in at $663.4 million for Q2 2024 at Nokia, down from $2.1 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $3.0 billion in Q3 2021 to a low of -$1.2 billion in Q2 2020.
  • The 3-year median for Free Cash Flow is $1.2 billion (2020), against an average of $1.1 billion.
  • Across the five-year window, Free Cash Flow slumped 50.49% in 2020 and soared 455.06% in 2021, its largest moves.
  • Nokia's Free Cash Flow stood at $976.5 million in 2020, then surged by 206.75% to $3.0 billion in 2021, then tumbled by 77.85% to $663.4 million in 2024.
  • The last three Free Cash Flow figures came in at $663.4 million (Q2 2024), $2.1 billion (Q1 2024), and $3.0 billion (Q3 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 3.34 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 153.76 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 389.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 609.00 Mn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 79.10 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 155.35 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -309.66 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -143.58 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 163.00 Mn
10 Nokia 4.12 Bn -2.64 Bn 10.09 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2024 663.36 Mn
Jun 30, 2024 663.36 Mn
Mar 31, 2024 2.08 Bn
Mar 31, 2024 2.08 Bn
Sep 30, 2021 3.00 Bn
Sep 30, 2021 3.00 Bn
Mar 31, 2021 1.76 Bn
Mar 31, 2021 1.76 Bn
Dec 31, 2020 976.49 Mn
Dec 31, 2020 976.49 Mn
Sep 30, 2020 1.43 Bn
Sep 30, 2020 1.43 Bn
Jun 30, 2020 -1.15 Bn
Jun 30, 2020 -1.15 Bn
Mar 31, 2020 317.93 Mn
Mar 31, 2020 317.93 Mn
Dec 31, 2019 1.97 Bn
Dec 31, 2019 1.97 Bn
Sep 30, 2019 -781.14 Mn
Sep 30, 2019 -781.14 Mn