Nokia NOK
NYSE NOK
$10.05 +0.28 (+2.87%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Nokia's (NOK) quarterly Free Cash Flow came in at $1.3 billion in Q2 2024, up 1254.42% year-over-year from $93.7 million in Q3 2023, and up 80.99% quarter-over-quarter from $701.5 million in Q4 2023.

Analysis

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

Nokia has disclosed Free Cash Flow across 16 years of filings, most recently posting $1.3 billion for Q2 2024.

  • In Q2 2024, Free Cash Flow rose 1254.42% year-over-year to $1.3 billion; the TTM figure through Jun 2024 stood at $2.5 billion (down 8.75% YoY), while the FY2025 annual figure was $3.0 billion, down 5.75% from the prior year.
  • Free Cash Flow came in at $1.3 billion for Q2 2024 at Nokia, up from $701.5 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.8 billion in Q1 2021 to a low of -$110.0 million in Q2 2023.
  • Average Free Cash Flow over 5 years is $821.8 million, with a median of $701.5 million recorded in 2023.
  • Year-over-year, Free Cash Flow slumped 48.76% in 2022 and soared 1254.42% in 2024.
  • Over 5 years, Free Cash Flow stood at $1.2 billion in 2020, then declined by 1.41% to $1.2 billion in 2021, then sank by 48.76% to $613.2 million in 2022, then grew by 14.41% to $701.5 million in 2023, then jumped by 80.99% to $1.3 billion in 2024.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $1.3 billion in Q2 2024, $701.5 million in Q4 2023, and -$110.0 million in Q2 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Asml Holding 660.95 Bn 645.44 Bn 5.90 Bn -
2 Hsbc Holdings 367.89 Bn 367.94 Bn - -
3 General Electric 349.68 Bn 340.56 Bn 6.95 Bn 2.92 Bn
4 Astrazeneca 252.14 Bn 246.93 Bn 12.86 Bn 3.63 Bn
5 Citigroup 231.03 Bn -2,068.84 Bn 24.75 Bn -
6 Bhp 229.70 Bn 211.16 Bn - -
7 Diageo 216.99 Bn 217.04 Bn - -
8 Rio Tinto 206.31 Bn 201.93 Bn - -
9 Ferrari 152.22 Bn 150.47 Bn 1.18 Bn 630.65 Mn
10 Nokia 57.71 Bn 51.06 Bn 3.40 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 1.27 Bn
Dec 31, 2023 701.51 Mn
Jun 30, 2023 -109.98 Mn
Dec 31, 2022 613.17 Mn
Dec 31, 2021 1.20 Bn
Sep 30, 2021 1.01 Bn
Mar 31, 2021 1.76 Bn
Dec 31, 2020 1.21 Bn
Sep 30, 2020 595.72 Mn
Jun 30, 2020 464.82 Mn
Mar 31, 2020 317.93 Mn
Dec 31, 2019 1.97 Bn
Sep 30, 2019 728.84 Mn
Jun 30, 2019 -1.18 Bn
Mar 31, 2019 -1.05 Bn
Dec 31, 2018 1.39 Bn
Sep 30, 2018 -254.73 Mn
Jun 30, 2018 871.21 Mn
Mar 31, 2018 -184.28 Mn
Dec 31, 2017 2.16 Bn