Nokia (NOK) Non-Current Debt (2009 - 2025)
Nokia (NOK) posted Non-Current Debt of $2.7 billion for Q4 2025, down 13.06% sequentially from $3.1 billion in Q4 2024, and down 13.06% YoY from $3.1 billion in Q4 2024.
Nokia (NOK) Non-Current Debt (2009 - 2025) Analysis & Trends
Nokia has reported Non-Current Debt for 17 years, with the latest figure at $2.7 billion in Q4 2025.
- Quarterly Non-Current Debt fell 13.06% year-over-year to $2.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.7 billion (down 13.06% YoY) and the FY2025 annual result came in at $2.7 billion, down 13.06% from the prior year.
- Non-Current Debt fell to $2.7 billion in Q4 2025 per NOK's latest filing, from $3.1 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $6.1 billion in Q1 2021 and troughed at $2.7 billion in Q4 2025.
- A 5-year average of $4.2 billion and a median of $3.9 billion in 2023 frame the typical range for Non-Current Debt.
- The sharpest annual moves came in 2021 and 2024: Non-Current Debt jumped 32.45% in 2021, then fell 24.2% in 2024.
- Over 5 years, Non-Current Debt stood at $5.2 billion in 2021, then decreased by 16.48% to $4.3 billion in 2022, then fell by 9.73% to $3.9 billion in 2023, then retreated by 20.32% to $3.1 billion in 2024, then retreated by 13.06% to $2.7 billion in 2025.
- According to Business Quant data, Non-Current Debt over the past three periods registered $2.7 billion, $3.1 billion, and $3.0 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 22.87 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 18.24 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 8.42 Bn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 43.20 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 2.71 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 1.52 Bn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 2.35 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 2.96 Bn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 2.78 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 3.12 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Dec 31, 2023 | 3.91 Bn |
| Jun 30, 2023 | 3.90 Bn |
| Dec 31, 2022 | 4.34 Bn |
| Dec 31, 2021 | 5.19 Bn |
| Sep 30, 2021 | 5.34 Bn |
| Mar 31, 2021 | 6.08 Bn |
| Dec 31, 2020 | 5.98 Bn |
| Sep 30, 2020 | 5.96 Bn |
| Jun 30, 2020 | 5.71 Bn |
| Mar 31, 2020 | 4.59 Bn |
| Dec 31, 2019 | 4.41 Bn |
| Sep 30, 2019 | 4.52 Bn |
| Jun 30, 2019 | 4.44 Bn |
| Dec 31, 2018 | 3.23 Bn |
| Sep 30, 2018 | 3.22 Bn |
| Jun 30, 2018 | 3.31 Bn |
| Dec 31, 2017 | 4.07 Bn |