Nokia (NOK) Tax Provisions (2009 - 2024)
Nokia's (NOK) quarterly Tax Provisions came in at -$99.1 million in Q2 2024, up 20.88% year-over-year from -$82.0 million in Q3 2023, and up 20.88% quarter-over-quarter from -$125.2 million in Q2 2023.
Analysis
Nokia (NOK) Tax Provisions (2009 - 2024) Analysis & Trends
Nokia has disclosed Tax Provisions across 15 years of filings, most recently posting -$99.1 million for Q2 2024.
- In Q2 2024, Tax Provisions rose 20.88% year-over-year to -$99.1 million; the TTM figure through Jun 2024 stood at -$481.2 million (up 8.67% YoY), while the FY2025 annual figure was -$313.0 million, up 23.91% from the prior year.
- Tax Provisions came in at -$99.1 million for Q2 2024 at Nokia, up from -$125.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $33.1 million in Q1 2020 to a low of -$3.7 billion in Q4 2020.
- Average Tax Provisions over 4 years is -$504.7 million, with a median of -$120.3 million recorded in 2020.
- Year-over-year, Tax Provisions tumbled 1270.96% in 2020 and soared 96.81% in 2021.
- Over 4 years, Tax Provisions stood at -$3.7 billion in 2020, then soared by 96.81% to -$119.0 million in 2021, then decreased by 5.26% to -$125.2 million in 2023, then climbed by 20.88% to -$99.1 million in 2024.
- Per Business Quant data, the three most recent Tax Provisions figures were -$99.1 million in Q2 2024, -$125.2 million in Q2 2023, and -$119.0 million in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | 407.00 Mn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | -291.00 Mn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | 2.01 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 | 160.68 Mn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -99.07 Mn |
| Jun 30, 2023 | -125.23 Mn |
| Dec 31, 2021 | -118.97 Mn |
| Sep 30, 2021 | -137.98 Mn |
| Mar 31, 2021 | -144.75 Mn |
| Dec 31, 2020 | -3.73 Bn |
| Sep 30, 2020 | -120.31 Mn |
| Jun 30, 2020 | -95.83 Mn |
| Mar 31, 2020 | 33.12 Mn |
| Dec 31, 2019 | -272.29 Mn |
| Sep 30, 2019 | -112.39 Mn |
| Jun 30, 2019 | 113.49 Mn |
| Mar 31, 2019 | 161.40 Mn |
| Dec 31, 2018 | 328.72 Mn |
| Sep 30, 2018 | 154.70 Mn |
| Jun 30, 2018 | 126.51 Mn |
| Mar 31, 2018 | 115.48 Mn |
| Dec 31, 2017 | 908.98 Mn |
| Sep 30, 2017 | 119.86 Mn |
| Jun 30, 2017 | -113.25 Mn |