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