Nokia (NOK) Non-Current Debt (2009 - 2025)

Nokia (NOK) posted quarterly Non-Current Debt of $2.7 billion for Q4 2025, down 20.19% year-on-year from $3.3 billion in Q4 2024, and down 20.19% on a QoQ basis from $3.3 billion in Q4 2024.

Nokia (NOK) Non-Current Debt (2009 - 2025) Analysis & Trends

Nokia (NOK) has reported Non-Current Debt for 17 consecutive years, with $2.7 billion the latest figure, recorded in Q4 2025.

  • Quarterly Non-Current Debt fell 20.19% year-over-year to $2.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.7 billion (down 20.19% YoY) and the FY2025 annual result came in at $2.7 billion, down 20.19% from the prior year.
  • Non-Current Debt fell to $2.7 billion in Q4 2025 per NOK's latest filing, from $3.3 billion in the prior quarter.
  • Over the last five years, Non-Current Debt for NOK reached as high as $5.7 billion in Q1 2021 and fell as low as $2.7 billion in Q4 2025.
  • A 5-year average of $4.2 billion and a median of $4.1 billion in 2023 frame the typical range for Non-Current Debt.
  • Annual changes were most pronounced in 2021 — Non-Current Debt advanced 21.22% — and 2024, when it fell 23.35%.
  • Year by year, Non-Current Debt stood at $5.2 billion in 2021, then declined by 6.35% to $4.8 billion in 2022, then retreated by 14.4% to $4.1 billion in 2023, then declined by 19.77% to $3.3 billion in 2024, then fell by 20.19% to $2.7 billion in 2025.
  • According to Business Quant data, Non-Current Debt over the past three periods registered $2.7 billion, $3.3 billion, and $3.1 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Cisco Systems 449.54 Bn 432.90 Bn 10.08 Bn 22.87 Bn
2 Motorola Solutions 69.76 Bn 68.88 Bn 1.36 Bn 8.42 Bn
3 Hewlett Packard Enterprise 63.38 Bn 58.54 Bn 9.10 Bn 17.71 Bn
4 Ciena 52.70 Bn 51.40 Bn 625.52 Mn 1.52 Bn
5 Lumentum Holdings 51.79 Bn 48.61 Bn 357.00 Mn 43.20 Mn
6 Nokia 49.26 Bn 41.95 Bn 9.86 Bn 2.65 Bn
7 Ubiquiti 32.02 Bn 31.65 Bn 370.71 Mn -
8 Ericsson Lm Telephone 31.85 Bn 26.17 Bn 2.53 Bn 2.31 Bn
9 AST SpaceMobile 16.70 Bn 16.70 Bn 3.67 Mn 2.96 Bn
10 Zebra Technologies 13.00 Bn 12.89 Bn 742.00 Mn 2.39 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.65 Bn
Dec 31, 2024 3.32 Bn
Jun 30, 2024 3.13 Bn
Dec 31, 2023 4.14 Bn
Jun 30, 2023 4.08 Bn
Dec 31, 2022 4.84 Bn
Dec 31, 2021 5.16 Bn
Sep 30, 2021 5.15 Bn
Mar 31, 2021 5.73 Bn
Dec 31, 2020 5.71 Bn
Sep 30, 2020 5.80 Bn
Jun 30, 2020 5.90 Bn
Mar 31, 2020 4.73 Bn
Dec 31, 2019 4.53 Bn
Sep 30, 2019 4.62 Bn
Jun 30, 2019 4.49 Bn
Mar 31, 2019 5.01 Bn
Dec 31, 2018 3.22 Bn
Sep 30, 2018 5.39 Bn
Jun 30, 2018 5.36 Bn