Nokia (NOK) Inventory (2009 - 2025)
Nokia (NOK) posted Inventory of $2.6 billion for Q4 2025, up 11.25% sequentially from $2.3 billion in Q4 2024, and up 11.25% YoY from $2.3 billion in Q4 2024.
Nokia (NOK) Inventory (2009 - 2025) Analysis & Trends
Nokia has reported Inventory for 17 years, with the latest figure at $2.6 billion in Q4 2025.
- Quarterly Inventory rose 11.25% year-over-year to $2.6 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.6 billion (up 11.25% YoY) and the FY2025 annual result came in at $2.6 billion, up 11.25% from the prior year.
- Inventory climbed to $2.6 billion in Q4 2025 per NOK's latest filing, from $2.3 billion in the prior quarter.
- Over five years, Inventory peaked at $3.6 billion in Q2 2023 and troughed at $2.3 billion in Q4 2024.
- A 5-year average of $2.9 billion and a median of $2.7 billion in 2021 frame the typical range for Inventory.
- The sharpest annual moves came in 2022 and 2024: Inventory advanced 21.73% in 2022, then slipped 26.09% in 2024.
- Over 5 years, Inventory stood at $2.7 billion in 2021, then grew by 21.73% to $3.3 billion in 2022, then slipped by 12.18% to $2.9 billion in 2023, then retreated by 20.99% to $2.3 billion in 2024, then grew by 11.25% to $2.6 billion in 2025.
- According to Business Quant data, Inventory over the past three periods registered $2.6 billion, $2.3 billion, and $2.7 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 433.36 Bn | 416.72 Bn | 10.08 Bn | 4.71 Bn |
| 2 | Motorola Solutions | 78.39 Bn | 77.68 Bn | 1.68 Bn | 1.33 Bn |
| 3 | Hewlett Packard Enterprise | 70.67 Bn | 65.38 Bn | 3.94 Bn | 9.03 Bn |
| 4 | Lumentum Holdings | 65.71 Bn | 62.97 Bn | 477.30 Mn | 691.60 Mn |
| 5 | Ciena | 55.74 Bn | 54.54 Bn | 691.55 Mn | 808.45 Mn |
| 6 | Nokia | 55.00 Bn | 48.24 Bn | 10.09 Bn | 2.57 Bn |
| 7 | Ubiquiti | 34.92 Bn | 34.55 Bn | 370.71 Mn | 654.01 Mn |
| 8 | Ericsson Lm Telephone | 33.63 Bn | 28.47 Bn | 2.58 Bn | 3.28 Bn |
| 9 | AST SpaceMobile | 19.48 Bn | 19.48 Bn | 9.12 Mn | 28.42 Mn |
| 10 | Zebra Technologies | 17.23 Bn | 17.07 Bn | 825.00 Mn | 733.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.57 Bn |
| Dec 31, 2024 | 2.31 Bn |
| Jun 30, 2024 | 2.67 Bn |
| Dec 31, 2023 | 2.93 Bn |
| Jun 30, 2023 | 3.61 Bn |
| Dec 31, 2022 | 3.33 Bn |
| Dec 31, 2021 | 2.74 Bn |
| Sep 30, 2021 | 2.93 Bn |
| Mar 31, 2021 | 2.73 Bn |
| Dec 31, 2020 | 2.67 Bn |
| Sep 30, 2020 | 3.21 Bn |
| Jun 30, 2020 | 3.16 Bn |
| Mar 31, 2020 | 3.13 Bn |
| Dec 31, 2019 | 558.98 Mn |
| Sep 30, 2019 | 4.05 Bn |
| Jun 30, 2019 | 4.05 Bn |
| Mar 31, 2019 | 4.01 Bn |
| Dec 31, 2018 | 594.67 Mn |
| Sep 30, 2018 | 3.70 Bn |
| Jun 30, 2018 | 3.51 Bn |