Nokia (NOK) Inventory Average (2009 - 2025)

Nokia's (NOK) quarterly Inventory Average came in at $2.4 billion in Q4 2025, down 25.31% quarter-over-quarter from $3.3 billion in Q4 2023.

Nokia (NOK) Inventory Average (2009 - 2025) Analysis & Trends

Nokia has disclosed Inventory Average across 16 years of filings, most recently posting $2.4 billion for Q4 2025.

  • Inventory Average for Q4 2025 came in at $2.4 billion, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was $2.4 billion (changed N/A YoY), and the FY2025 annual result was $2.4 billion, down 8.21% from the prior year.
  • Inventory Average came in at $2.4 billion for Q4 2025 at Nokia, down from $3.3 billion in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $3.5 billion in Q2 2023 to a low of $2.4 billion in Q4 2025.
  • The 4-year median for Inventory Average is $2.8 billion (2021), against an average of $2.9 billion.
  • Peak annual rise in Inventory Average reached 46.7% in 2021, while the deepest fall reached 11.03% in 2021.
  • Nokia's Inventory Average stood at $2.8 billion in 2021, then gained by 7.14% to $3.0 billion in 2022, then rose by 7.75% to $3.3 billion in 2023, then dropped by 25.31% to $2.4 billion in 2025.
  • The last three Inventory Average figures came in at $2.4 billion (Q4 2025), $3.3 billion (Q4 2023), and $3.5 billion (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 4.31 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 836.03 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 1.08 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 6.63 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 601.60 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 664.35 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 14.38 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 194.68 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 710.50 Mn
10 Nokia 4.12 Bn -2.64 Bn 10.09 Bn 2.44 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.44 Bn
Dec 31, 2023 3.27 Bn
Jun 30, 2023 3.47 Bn
Dec 31, 2022 3.03 Bn
Dec 31, 2021 2.83 Bn
Sep 30, 2021 2.83 Bn
Mar 31, 2021 2.70 Bn
Dec 31, 2020 2.94 Bn
Sep 30, 2020 3.18 Bn
Jun 30, 2020 3.14 Bn
Mar 31, 2020 1.84 Bn
Dec 31, 2019 2.31 Bn
Sep 30, 2019 4.05 Bn
Jun 30, 2019 4.03 Bn
Mar 31, 2019 2.30 Bn
Dec 31, 2018 2.15 Bn
Sep 30, 2018 3.60 Bn
Jun 30, 2018 3.46 Bn
Mar 31, 2018 1.96 Bn
Dec 31, 2017 2.03 Bn