Nokia (NOK) Operating Leases (2018 - 2025)
Nokia's (NOK) quarterly Operating Leases came in at $927.7 million in Q4 2025, up 30.75% year-over-year from $709.5 million in Q4 2024, and up 30.75% quarter-over-quarter from $709.5 million in Q4 2024.
Analysis
Nokia (NOK) Operating Leases (2018 - 2025) Analysis & Trends
Nokia has disclosed Operating Leases across 8 years of filings, most recently posting $927.7 million for Q4 2025.
- In Q4 2025, Operating Leases rose 30.75% year-over-year to $927.7 million; the TTM figure through Dec 2025 stood at $927.7 million (up 30.75% YoY), while the FY2025 annual figure was $900.5 million, up 25.29% from the prior year.
- Operating Leases came in at $927.7 million for Q4 2025 at Nokia, up from $709.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $998.8 million in Q1 2021 to a low of $709.5 million in Q4 2024.
- Average Operating Leases over 5 years is $887.0 million, with a median of $913.6 million recorded in 2023.
- Year-over-year, Operating Leases decreased 17.46% in 2024 and soared 30.75% in 2025.
- Over 5 years, Operating Leases stood at $942.6 million in 2021, then slipped by 7.14% to $875.4 million in 2022, then decreased by 1.79% to $859.7 million in 2023, then declined by 17.46% to $709.5 million in 2024, then surged by 30.75% to $927.7 million in 2025.
- Per Business Quant data, the three most recent Operating Leases figures were $927.7 million in Q4 2025, $709.5 million in Q4 2024, and $774.3 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn |
| 6 | Bhp | 229.70 Bn | 211.16 Bn | - |
| 7 | Diageo | 216.99 Bn | 217.04 Bn | - |
| 8 | Rio Tinto | 206.31 Bn | 201.93 Bn | - |
| 9 | Ferrari | 152.22 Bn | 150.47 Bn | 1.18 Bn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 927.74 Mn |
| Dec 31, 2024 | 709.55 Mn |
| Jun 30, 2024 | 774.28 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 |
| Mar 31, 2019 | 924.08 Mn |
| Dec 31, 2018 | 2.28 Mn |
| Sep 30, 2018 | 2.33 Mn |
| Jun 30, 2018 | 3.58 Mn |