Nokia (NOK) Operating Leases (2018 - 2025)
Nokia (NOK) posted Operating Leases of $927.7 million for Q4 2025, up 30.75% sequentially from $709.5 million in Q4 2024, and up 30.75% YoY from $709.5 million in Q4 2024.
Nokia (NOK) Operating Leases (2018 - 2025) Analysis & Trends
Nokia has reported Operating Leases for 8 years, with the latest figure at $927.7 million in Q4 2025.
- Quarterly Operating Leases rose 30.75% year-over-year to $927.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $927.7 million (up 30.75% YoY) and the FY2025 annual result came in at $927.7 million, up 30.75% from the prior year.
- Operating Leases advanced to $927.7 million in Q4 2025 per NOK's latest filing, from $709.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $998.8 million in Q1 2021 and troughed at -$138.0 million in Q1 2024.
- A 5-year average of $784.5 million and a median of $894.5 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2025: Operating Leases slipped 17.46% in 2024, then jumped 30.75% in 2025.
- Over 5 years, Operating Leases stood at $942.6 million in 2021, then declined by 7.14% to $875.4 million in 2022, then dropped by 1.79% to $859.7 million in 2023, then retreated by 17.46% to $709.5 million in 2024, then jumped by 30.75% to $927.7 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $927.7 million, $709.5 million, and $774.3 million for Q4 2025, Q4 2024, and Q2 2024 respectively.
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| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 927.74 Mn |
| Dec 31, 2024 | 709.55 Mn |
| Jun 30, 2024 | 774.28 Mn |
| Mar 31, 2024 | -137.97 Mn |
| Dec 31, 2023 | 859.68 Mn |
| Jun 30, 2023 | 913.61 Mn |
| Dec 31, 2022 | 875.37 Mn |
| Dec 31, 2021 | 942.63 Mn |
| Sep 30, 2021 | 981.17 Mn |
| Mar 31, 2021 | 998.76 Mn |
| Dec 31, 2020 | 859.64 Mn |
| Sep 30, 2020 | 839.85 Mn |
| Jun 30, 2020 | 802.96 Mn |
| Mar 31, 2020 | 799.25 Mn |
| Dec 31, 2019 | 853.41 Mn |
| Sep 30, 2019 | 816.74 Mn |
| Jun 30, 2019 | 840.48 Mn |
| Dec 31, 2018 | 2.28 Mn |