Nokia (NOK) Non-Current Debt (2009 - 2025)
Nokia's (NOK) quarterly Non-Current Debt came in at $2.7 billion in Q4 2025, down 13.06% year-on-year from $3.1 billion in Q4 2024, and down 13.06% quarter-over-quarter from $3.1 billion in Q4 2024.
Nokia (NOK) Non-Current Debt (2009 - 2025) Analysis & Trends
Nokia has disclosed Non-Current Debt across 17 years of filings, most recently posting $2.7 billion for Q4 2025.
- Non-Current Debt for Q4 2025 came in at $2.7 billion, down 13.06% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.7 billion (down 13.06% YoY), and the FY2025 annual result was $2.6 billion, down 15.61% from the prior year.
- Non-Current Debt came in at $2.7 billion for Q4 2025 at Nokia, down from $3.1 billion in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $6.1 billion in Q1 2021 to a low of $2.7 billion in Q4 2025.
- The 5-year median for Non-Current Debt is $3.9 billion (2023), against an average of $4.2 billion.
- Across the five-year window, Non-Current Debt surged 32.45% in 2021 and dropped 24.2% in 2024, its largest moves.
- Nokia's Non-Current Debt stood at $5.2 billion in 2021, then fell by 16.48% to $4.3 billion in 2022, then dropped by 9.73% to $3.9 billion in 2023, then declined by 20.32% to $3.1 billion in 2024, then declined by 13.06% to $2.7 billion in 2025.
- The last three Non-Current Debt figures came in at $2.7 billion (Q4 2025), $3.1 billion (Q4 2024), and $3.0 billion (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 469.93 Bn | 453.29 Bn | 10.08 Bn | 19.37 Bn |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn | 8.42 Bn |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn | 17.71 Bn |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn | 1.52 Bn |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn | 43.20 Mn |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn | - |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn | 2.96 Bn |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn | - |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn | 2.39 Bn |
| 10 | Nokia | 3.89 Bn | -2.87 Bn | 10.09 Bn | 2.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.71 Bn |
| Dec 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 3.12 Bn |
| Dec 31, 2024 | 3.12 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Dec 31, 2023 | 3.91 Bn |
| Dec 31, 2023 | 3.91 Bn |
| Jun 30, 2023 | 3.90 Bn |
| Jun 30, 2023 | 3.90 Bn |
| Dec 31, 2022 | 4.34 Bn |
| Dec 31, 2022 | 4.34 Bn |
| Dec 31, 2021 | 5.19 Bn |
| Dec 31, 2021 | 5.19 Bn |
| Sep 30, 2021 | 5.34 Bn |
| Sep 30, 2021 | 5.34 Bn |
| Mar 31, 2021 | 6.08 Bn |
| Mar 31, 2021 | 6.08 Bn |
| Dec 31, 2020 | 5.98 Bn |
| Dec 31, 2020 | 5.98 Bn |