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

Nokia (NOK) posted Free Cash Flow of $781.8 million for Q2 2024, down 66.94% sequentially from $2.4 billion in Q1 2024.

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

Nokia has reported Free Cash Flow for 14 years, with the latest figure at $781.8 million in Q2 2024.

  • Quarterly Free Cash Flow changed N/A year-over-year to $781.8 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 13.31% from the prior year.
  • Free Cash Flow eased to $781.8 million in Q2 2024 per NOK's latest filing, from $2.4 billion in the prior quarter.
  • Over five years, Free Cash Flow peaked at $3.0 billion in Q3 2021 and troughed at -$967.1 million in Q2 2020.
  • A 3-year average of $1.2 billion and a median of $1.3 billion in 2020 frame the typical range for Free Cash Flow.
  • The widest YoY moves for Free Cash Flow: up 920.95% in 2020, down 43.66% in 2020.
  • Over 3 years, Free Cash Flow stood at $1.1 billion in 2020, then surged by 169.56% to $3.0 billion in 2021, then plunged by 73.9% to $781.8 million in 2024.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $781.8 million, $2.4 billion, and $3.0 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 440.02 Bn 423.38 Bn 10.08 Bn 3.34 Bn
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn 827.00 Mn
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn 414.00 Mn
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn 79.10 Mn
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn -
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn 218.65 Mn
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn 162.23 Mn
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn 676.12 Mn
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn -694.77 Mn
10 Zebra Technologies 17.79 Bn 17.63 Bn 825.00 Mn 198.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 781.82 Mn
Jun 30, 2024 781.82 Mn
Mar 31, 2024 2.37 Bn
Mar 31, 2024 2.37 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 1.11 Bn
Dec 31, 2020 1.11 Bn
Sep 30, 2020 1.43 Bn
Sep 30, 2020 1.43 Bn
Jun 30, 2020 -967.08 Mn
Jun 30, 2020 -967.08 Mn
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 -173.59 Mn
Sep 30, 2019 -173.59 Mn