Nokia (NOK) Interest Expenses (2009 - 2024)
Nokia (NOK) posted Interest Expenses of -$60.3 million for Q2 2024, up 60.35% sequentially from -$152.1 million in Q1 2024.
Nokia (NOK) Interest Expenses (2009 - 2024) Analysis & Trends
Nokia has reported Interest Expenses for 14 years, with the latest figure at -$60.3 million in Q2 2024.
- Quarterly Interest Expenses changed N/A year-over-year to -$60.3 million in Q2 2024, while the trailing twelve-month figure through Dec 2025 was $0.0 (up 100.0% YoY) and the FY2025 annual result came in at $286.4 million, down 16.26% from the prior year.
- Interest Expenses climbed to -$60.3 million in Q2 2024 per NOK's latest filing, from -$152.1 million in the prior quarter.
- Over five years, Interest Expenses peaked at $397.0 million in Q4 2020 and troughed at -$176.9 million in Q3 2021.
- A 3-year average of -$9.4 million and a median of -$57.1 million in 2020 frame the typical range for Interest Expenses.
- The widest YoY moves for Interest Expenses: up 184.68% in 2020, down 277.9% in 2020.
- Over 3 years, Interest Expenses stood at $397.0 million in 2020, then plunged by 144.55% to -$176.9 million in 2021, then soared by 65.91% to -$60.3 million in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered -$60.3 million, -$152.1 million, and -$176.9 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 | 433.36 Bn | 416.72 Bn | 10.08 Bn | 377.00 Mn |
| 2 | Motorola Solutions | 78.39 Bn | 77.68 Bn | 1.68 Bn | 109.00 Mn |
| 3 | Hewlett Packard Enterprise | 70.67 Bn | 65.38 Bn | 3.94 Bn | - |
| 4 | Lumentum Holdings | 65.71 Bn | 62.97 Bn | 477.30 Mn | 3.60 Mn |
| 5 | Ciena | 55.74 Bn | 54.54 Bn | 691.55 Mn | 20.92 Mn |
| 6 | Nokia | 55.00 Bn | 48.24 Bn | 10.09 Bn | - |
| 7 | Ubiquiti | 34.92 Bn | 34.55 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 33.63 Bn | 28.47 Bn | 2.58 Bn | - |
| 9 | AST SpaceMobile | 19.48 Bn | 19.48 Bn | 9.12 Mn | - |
| 10 | Zebra Technologies | 17.23 Bn | 17.07 Bn | 825.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -60.31 Mn |
| Jun 30, 2024 | -60.31 Mn |
| Mar 31, 2024 | -152.09 Mn |
| Mar 31, 2024 | -152.09 Mn |
| Sep 30, 2021 | -176.89 Mn |
| Sep 30, 2021 | -176.89 Mn |
| Mar 31, 2021 | -75.99 Mn |
| Mar 31, 2021 | -75.99 Mn |
| Dec 31, 2020 | 397.03 Mn |
| Dec 31, 2020 | 397.03 Mn |
| Sep 30, 2020 | -50.23 Mn |
| Sep 30, 2020 | -50.23 Mn |
| Jun 30, 2020 | -53.97 Mn |
| Jun 30, 2020 | -53.97 Mn |
| Mar 31, 2020 | 97.15 Mn |
| Mar 31, 2020 | 97.15 Mn |
| Dec 31, 2019 | 139.47 Mn |
| Dec 31, 2019 | 139.47 Mn |
| Sep 30, 2019 | -141.32 Mn |
| Sep 30, 2019 | -141.32 Mn |