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
DateValue
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