Nokia (NOK) Inventory (2009 - 2025)
Nokia (NOK) posted quarterly Inventory of $2.5 billion for Q4 2025, up 2.13% year-on-year from $2.5 billion in Q4 2024, and up 2.13% on a QoQ basis from $2.5 billion in Q4 2024.
Nokia (NOK) Inventory (2009 - 2025) Analysis & Trends
Nokia (NOK) has reported Inventory for 17 consecutive years, with $2.5 billion the latest figure, recorded in Q4 2025.
- Quarterly Inventory rose 2.13% year-over-year to $2.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.5 billion (up 2.13% YoY) and the FY2025 annual result came in at $2.5 billion, up 2.13% from the prior year.
- Inventory grew to $2.5 billion in Q4 2025 per NOK's latest filing, from $2.5 billion in the prior quarter.
- Over the last five years, Inventory for NOK reached as high as $3.8 billion in Q2 2023 and fell as low as $2.5 billion in Q4 2024.
- A 5-year average of $2.9 billion and a median of $2.8 billion in 2024 frame the typical range for Inventory.
- Annual changes were most pronounced in 2022 — Inventory soared 36.5% — and 2024, when it declined 25.26%.
- Year by year, Inventory stood at $2.7 billion in 2021, then surged by 36.5% to $3.7 billion in 2022, then dropped by 16.72% to $3.1 billion in 2023, then retreated by 20.45% to $2.5 billion in 2024, then climbed by 2.13% to $2.5 billion in 2025.
- According to Business Quant data, Inventory over the past three periods registered $2.5 billion, $2.5 billion, and $2.8 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 4.71 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 1.18 Bn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 6.91 Bn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 845.82 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 632.80 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | 2.51 Bn |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 654.01 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 3.22 Bn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 16.76 Mn |
| 10 | Zebra Technologies | 13.05 Bn | 12.94 Bn | 742.00 Mn | 692.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.51 Bn |
| Dec 31, 2024 | 2.46 Bn |
| Jun 30, 2024 | 2.82 Bn |
| Dec 31, 2023 | 3.09 Bn |
| Jun 30, 2023 | 3.77 Bn |
| Dec 31, 2022 | 3.72 Bn |
| Dec 31, 2021 | 2.72 Bn |
| Sep 30, 2021 | 2.82 Bn |
| Mar 31, 2021 | 2.58 Bn |
| Dec 31, 2020 | 2.55 Bn |
| Sep 30, 2020 | 3.12 Bn |
| Jun 30, 2020 | 3.26 Bn |
| Mar 31, 2020 | 3.22 Bn |
| Dec 31, 2019 | 574.67 Mn |
| Sep 30, 2019 | 4.14 Bn |
| Jun 30, 2019 | 4.10 Bn |
| Mar 31, 2019 | 4.01 Bn |
| Dec 31, 2018 | 592.87 Mn |
| Sep 30, 2018 | 4.59 Bn |
| Jun 30, 2018 | 4.24 Bn |