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