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Nokia (NOK) Operating Expenses (2016 - 2025)

Nokia has reported Operating Expenses over the past 17 years, most recently at -$65.2 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 97.93% year-over-year to -$65.2 million; the TTM value through Dec 2025 reached -$4.8 billion, up 9.9%, while the annual FY2025 figure was $9.0 billion, 13.52% up from the prior year.
  • Operating Expenses was -$65.2 million for Q4 2025 at Nokia, up from -$3.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at -$65.2 million in Q4 2025 and bottomed at -$8.0 billion in Q4 2021.
  • The 5-year median for Operating Expenses is -$1.6 billion (2024), against an average of -$2.9 billion.
  • Year-over-year, Operating Expenses crashed 166.54% in 2024 and then skyrocketed 97.93% in 2025.
  • Over 5 years, Operating Expenses stood at -$8.0 billion in 2021, then skyrocketed by 31.41% to -$5.5 billion in 2022, then soared by 78.53% to -$1.2 billion in 2023, then crashed by 166.54% to -$3.1 billion in 2024, then soared by 97.93% to -$65.2 million in 2025.
  • The last three reported values for Operating Expenses were -$65.2 million (Q4 2025), -$3.1 billion (Q4 2024), and -$1.3 billion (Q3 2024) per Business Quant data.