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 480.96 Bn 464.32 Bn 10.08 Bn 19.37 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 1.52 Bn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 8.42 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 17.71 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 43.20 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn -
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 2.96 Bn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 2.39 Bn
10 Nokia 4.12 Bn -2.64 Bn 10.09 Bn 2.71 Bn

Historic Data

Download Data
DateValue
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