Nokia (NOK) Retained Earnings (2009 - 2025)

Nokia (NOK) posted quarterly Retained Earnings of $2.1 billion for Q4 2025, down 5.06% year-on-year from $2.2 billion in Q4 2024, and down 5.06% on a QoQ basis from $2.2 billion in Q4 2024.

Nokia (NOK) Retained Earnings (2009 - 2025) Analysis & Trends

Nokia (NOK) has reported Retained Earnings for 17 consecutive years, with $2.1 billion the latest figure, recorded in Q4 2025.

  • Quarterly Retained Earnings fell 5.06% year-over-year to $2.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.1 billion (down 5.06% YoY) and the FY2025 annual result came in at $2.1 billion, down 5.06% from the prior year.
  • Retained Earnings eased to $2.1 billion in Q4 2025 per NOK's latest filing, from $2.2 billion in the prior quarter.
  • Over the last five years, Retained Earnings for NOK reached as high as $2.2 billion in Q4 2024 and fell as low as -$4.4 billion in Q1 2021.
  • A 5-year average of -$6.7 million and a median of $1.6 billion in 2022 frame the typical range for Retained Earnings.
  • Annual changes were most pronounced in 2021 — Retained Earnings plunged 124.25% — and 2022, when it jumped 154.2%.
  • Year by year, Retained Earnings stood at -$2.9 billion in 2021, then soared by 154.2% to $1.6 billion in 2022, then gained by 2.11% to $1.6 billion in 2023, then soared by 39.32% to $2.2 billion in 2024, then retreated by 5.06% to $2.1 billion in 2025.
  • According to Business Quant data, Retained Earnings over the past three periods registered $2.1 billion, $2.2 billion, and $1.5 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Cisco Systems 444.27 Bn 427.63 Bn 10.08 Bn -793.00 Mn
2 Motorola Solutions 68.42 Bn 67.56 Bn 1.36 Bn 2.60 Bn
3 Hewlett Packard Enterprise 63.57 Bn 58.72 Bn 9.10 Bn -2.77 Bn
4 Lumentum Holdings 59.61 Bn 56.43 Bn 357.00 Mn 7.00 Mn
5 Ciena 57.62 Bn 56.33 Bn 625.52 Mn -38.72 Mn
6 Nokia 52.70 Bn 45.22 Bn 9.86 Bn 2.11 Bn
7 Ubiquiti 32.00 Bn 31.63 Bn 370.71 Mn 1.18 Bn
8 AST SpaceMobile 17.20 Bn 17.78 Bn 3.67 Mn -1.02 Bn
9 Zebra Technologies 12.59 Bn 12.48 Bn 742.00 Mn 866.00 Mn
10 Viasat 10.14 Bn 8.46 Bn 615.36 Mn -24.63 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.11 Bn
Dec 31, 2024 2.23 Bn
Jun 30, 2024 1.49 Bn
Dec 31, 2023 1.60 Bn
Jun 30, 2023 1.90 Bn
Dec 31, 2022 1.56 Bn
Dec 31, 2021 -2.89 Bn
Sep 30, 2021 -3.64 Bn
Mar 31, 2021 -4.42 Bn
Dec 31, 2020 -4.71 Bn
Sep 30, 2020 -1.65 Bn
Jun 30, 2020 -1.87 Bn
Mar 31, 2020 -1.97 Bn
Dec 31, 2019 -1.84 Bn
Sep 30, 2019 -2.48 Bn
Jun 30, 2019 2.25 Bn
Dec 31, 2018 -1.21 Bn
Sep 30, 2018 -1.81 Bn
Jun 30, 2018 -1.69 Bn
Dec 31, 2017 1.66 Bn