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
DateValue
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