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| Date | Value |
|---|---|
| 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 |