Nokia (NOK) Liabilities and Shareholders Equity (2009 - 2025)

Nokia (NOK) posted quarterly Liabilities and Shareholders Equity of $42.8 billion for Q4 2025, down 3.96% year-on-year from $44.5 billion in Q4 2024, and down 3.96% on a QoQ basis from $44.5 billion in Q4 2024.

Nokia (NOK) Liabilities and Shareholders Equity (2009 - 2025) Analysis & Trends

Nokia (NOK) has reported Liabilities and Shareholders Equity for 17 consecutive years, with $42.8 billion the latest figure, recorded in Q4 2025.

  • Quarterly Liabilities and Shareholders Equity fell 3.96% year-over-year to $42.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $42.8 billion (down 51.8% YoY) and the FY2025 annual result came in at $42.8 billion, down 3.96% from the prior year.
  • Liabilities and Shareholders Equity fell to $42.8 billion in Q4 2025 per NOK's latest filing, from $44.5 billion in the prior quarter.
  • Over the last five years, Liabilities and Shareholders Equity for NOK reached as high as $48.9 billion in Q4 2022 and fell as low as $41.9 billion in Q1 2021.
  • A 5-year average of $44.9 billion and a median of $44.5 billion in 2024 frame the typical range for Liabilities and Shareholders Equity.
  • The largest YoY upside for Liabilities and Shareholders Equity was 10.66% in 2021 against a maximum downside of 7.3% in 2021.
  • Year by year, Liabilities and Shareholders Equity stood at $45.6 billion in 2021, then rose by 7.23% to $48.9 billion in 2022, then slipped by 7.18% to $45.4 billion in 2023, then dropped by 1.78% to $44.5 billion in 2024, then retreated by 3.96% to $42.8 billion in 2025.
  • According to Business Quant data, Liabilities and Shareholders Equity over the past three periods registered $42.8 billion, $44.5 billion, and $44.2 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Cisco Systems 450.84 Bn 434.20 Bn 10.08 Bn 125.55 Bn
2 Motorola Solutions 70.56 Bn 69.68 Bn 1.36 Bn 19.08 Bn
3 Hewlett Packard Enterprise 62.98 Bn 58.14 Bn 9.10 Bn 75.77 Bn
4 Ciena 52.45 Bn 51.15 Bn 625.52 Mn 5.89 Bn
5 Lumentum Holdings 50.38 Bn 47.21 Bn 357.00 Mn 7.03 Bn
6 Nokia 48.74 Bn 41.43 Bn 9.86 Bn 42.78 Bn
7 Ubiquiti 32.36 Bn 31.99 Bn 370.71 Mn 1.72 Bn
8 Ericsson Lm Telephone 31.90 Bn 26.22 Bn 2.53 Bn 30.22 Bn
9 AST SpaceMobile 16.59 Bn 16.59 Bn 3.67 Mn 6.05 Bn
10 Zebra Technologies 12.92 Bn 12.80 Bn 742.00 Mn 8.33 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 42.78 Bn
Dec 31, 2024 44.55 Bn
Jun 30, 2024 44.22 Bn
Dec 31, 2023 45.36 Bn
Jun 30, 2023 46.37 Bn
Dec 31, 2022 48.87 Bn
Dec 31, 2021 45.57 Bn
Sep 30, 2021 44.39 Bn
Mar 31, 2021 41.94 Bn
Dec 31, 2020 41.18 Bn
Sep 30, 2020 44.16 Bn
Jun 30, 2020 45.03 Bn
Mar 31, 2020 45.24 Bn
Dec 31, 2019 44.53 Bn
Sep 30, 2019 44.51 Bn
Jun 30, 2019 44.30 Bn
Mar 31, 2019 46.18 Bn
Dec 31, 2018 44.97 Bn
Sep 30, 2018 55.61 Bn
Jun 30, 2018 55.77 Bn