Nokia (NOK) Tax Provisions (2009 - 2021)
Nokia's (NOK) quarterly Tax Provisions came in at -$144.7 million in Q1 2021, down 537.07% year-on-year from $33.1 million in Q1 2020, and down 103.65% quarter-over-quarter from $4.0 billion in Q4 2020.
Nokia (NOK) Tax Provisions (2009 - 2021) Analysis & Trends
Nokia has disclosed Tax Provisions across 13 years of filings, most recently posting -$144.7 million for Q1 2021.
- Tax Provisions for Q1 2021 came in at -$144.7 million, down 537.07% year-over-year; the trailing twelve-month figure through Mar 2021 was $3.7 billion (up 3241.54% YoY), and the FY2025 annual result was $313.0 million, down 22.93% from the prior year.
- Tax Provisions came in at -$144.7 million for Q1 2021 at Nokia, down from $4.0 billion in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $4.0 billion in Q4 2020 to a low of -$236.0 million in Q3 2020.
- The 5-year median for Tax Provisions is $119.9 million (2017), against an average of $491.3 million.
- Across the five-year window, Tax Provisions jumped 4470.36% in 2020 and tumbled 537.07% in 2021, its largest moves.
- Nokia's Tax Provisions stood at $909.0 million in 2017, then declined by 3.06% to $881.2 million in 2018, then plunged by 110.3% to -$90.8 million in 2019, then surged by 4470.36% to $4.0 billion in 2020, then tumbled by 103.65% to -$144.7 million in 2021.
- The last three Tax Provisions figures came in at -$144.7 million (Q1 2021), $4.0 billion (Q4 2020), and -$236.0 million (Q3 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 666.00 Mn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 30.83 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 73.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | -19.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 39.60 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 56.25 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 1.17 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 1.05 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 32.00 Mn |
| 10 | Nokia | 4.12 Bn | -2.64 Bn | 10.09 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -144.75 Mn |
| Dec 31, 2020 | 3.97 Bn |
| Sep 30, 2020 | -235.95 Mn |
| Jun 30, 2020 | 111.25 Mn |
| Mar 31, 2020 | 33.12 Mn |
| Dec 31, 2019 | -90.76 Mn |
| Sep 30, 2019 | -179.15 Mn |
| Jun 30, 2019 | 119.11 Mn |
| Mar 31, 2019 | 312.57 Mn |
| Dec 31, 2018 | 881.16 Mn |
| Sep 30, 2018 | 154.70 Mn |
| Jun 30, 2018 | 126.51 Mn |
| Mar 31, 2018 | 1.14 Bn |
| Dec 31, 2017 | 908.98 Mn |
| Sep 30, 2017 | 119.86 Mn |
| Jun 30, 2017 | -95.66 Mn |
| Mar 31, 2017 | 1.23 Bn |
| Dec 31, 2016 | 432.97 Mn |
| Sep 30, 2016 | 241.10 Mn |
| Jun 30, 2016 | 152.53 Mn |