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 | 469.93 Bn | 453.29 Bn | 10.08 Bn | 4.31 Bn |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn | 1.08 Bn |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn | 6.63 Bn |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn | 836.03 Mn |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn | 601.60 Mn |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn | 664.35 Mn |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn | 14.38 Mn |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn | 194.68 Mn |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn | 710.50 Mn |
| 10 | Nokia | 3.89 Bn | -2.87 Bn | 10.09 Bn | 2.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |