Nokia (NOK) Tax Provisions (2009 - 2024)

Nokia (NOK) posted Tax Provisions of -$123.8 million for Q2 2024, up 49.11% sequentially from -$243.3 million in Q1 2024.

Nokia (NOK) Tax Provisions (2009 - 2024) Analysis & Trends

Nokia has reported Tax Provisions for 11 years, with the latest figure at -$123.8 million in Q2 2024.

Quarterly Tax Provisions changed N/A year-over-year to -$123.8 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$4.7 billion (changed N/A YoY) and the FY2025 annual result came in at $322.4 million, down 20.59% from the prior year.
Tax Provisions improved to -$123.8 million in Q2 2024 per NOK's latest filing, from -$243.3 million in the prior quarter.
Over five years, Tax Provisions peaked at -$123.8 million in Q2 2024 and troughed at -$3.9 billion in Q4 2020.
A 3-year average of -$977.2 million and a median of -$243.3 million in 2024 frame the typical range for Tax Provisions.
The sharpest annual moves came in 2020 and 2021: Tax Provisions sank 1325.26% in 2020, then sank 70.43% in 2021.
Over 3 years, Tax Provisions stood at -$3.9 billion in 2020, then soared by 89.64% to -$402.1 million in 2021, then soared by 69.2% to -$123.8 million in 2024.
According to Business Quant data, Tax Provisions over the past three periods registered -$123.8 million, -$243.3 million, and -$402.1 million for Q2 2024, Q1 2024, and Q3 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Taxes (Qtr)
1	Cisco Systems	440.02 Bn	423.38 Bn	10.08 Bn	666.00 Mn
2	Hewlett Packard Enterprise	77.69 Bn	72.40 Bn	3.94 Bn	75.00 Mn
3	Motorola Solutions	77.25 Bn	76.56 Bn	1.68 Bn	184.00 Mn
4	Lumentum Holdings	66.40 Bn	63.23 Bn	357.00 Mn	39.60 Mn
5	Nokia	61.84 Bn	54.37 Bn	10.09 Bn	-
6	Ciena	60.71 Bn	59.51 Bn	691.55 Mn	12.84 Mn
7	Ubiquiti	34.65 Bn	34.28 Bn	370.71 Mn	56.25 Mn
8	Ericsson Lm Telephone	34.62 Bn	28.92 Bn	2.58 Bn	-177.87 Mn
9	AST SpaceMobile	27.62 Bn	28.12 Bn	9.12 Mn	1.11 Mn
10	Zebra Technologies	17.79 Bn	17.63 Bn	825.00 Mn	52.00 Mn

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