Nokia (NOK) Interest Expenses (2009 - 2024)
Nokia (NOK) posted quarterly Interest Expenses of -$63.7 million for Q2 2024, up 60.0% on a QoQ basis from -$159.3 million in Q1 2024.
Nokia (NOK) Interest Expenses (2009 - 2024) Analysis & Trends
Nokia (NOK) has reported Interest Expenses for 14 consecutive years, with -$63.7 million the latest figure, recorded in Q2 2024.
- Quarterly Interest Expenses changed N/A year-over-year to -$63.7 million in Q2 2024, while the trailing twelve-month figure through Mar 2025 was -$63.7 million (up 60.0% YoY) and the FY2025 annual result came in at $279.9 million, down 23.12% from the prior year.
- Interest Expenses grew to -$63.7 million in Q2 2024 per NOK's latest filing, from -$159.3 million in the prior quarter.
- Over the last five years, Interest Expenses for NOK reached as high as $100.1 million in Q1 2020 and fell as low as -$170.7 million in Q3 2021.
- A 3-year average of -$53.2 million and a median of -$59.7 million in 2020 frame the typical range for Interest Expenses.
- The largest YoY upside for Interest Expenses was 66.14% in 2020 against a maximum downside of 281.48% in 2020.
- Year by year, Interest Expenses stood at $44.4 million in 2020, then tumbled by 484.62% to -$170.7 million in 2021, then soared by 62.67% to -$63.7 million in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered -$63.7 million, -$159.3 million, and -$170.7 million for Q2 2024, Q1 2024, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 1.93 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 706.00 Mn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 336.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 384.00 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 70.40 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 4.70 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | -66.23 Mn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 21.70 Mn |
| 10 | Zebra Technologies | 13.05 Bn | 12.94 Bn | 742.00 Mn | 239.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -63.73 Mn |
| Jun 30, 2024 | -63.73 Mn |
| Mar 31, 2024 | -159.31 Mn |
| Mar 31, 2024 | -159.31 Mn |
| Sep 30, 2021 | -170.69 Mn |
| Sep 30, 2021 | -170.69 Mn |
| Mar 31, 2021 | -71.69 Mn |
| Mar 31, 2021 | -71.69 Mn |
| Dec 31, 2020 | 44.38 Mn |
| Dec 31, 2020 | 44.38 Mn |
| Sep 30, 2020 | -48.93 Mn |
| Sep 30, 2020 | -48.93 Mn |
| Jun 30, 2020 | -55.76 Mn |
| Jun 30, 2020 | -55.76 Mn |
| Mar 31, 2020 | 100.14 Mn |
| Mar 31, 2020 | 100.14 Mn |
| Dec 31, 2019 | 143.38 Mn |
| Dec 31, 2019 | 143.38 Mn |
| Sep 30, 2019 | -144.52 Mn |
| Sep 30, 2019 | -144.52 Mn |