Nokia (NOK) Total Debt (2009 - 2025)
Nokia (NOK) posted Total Debt of $3.1 billion for Q4 2025, down 37.17% sequentially from $4.9 billion in Q4 2024, and down 37.17% YoY from $4.9 billion in Q4 2024.
Nokia (NOK) Total Debt (2009 - 2025) Analysis & Trends
Nokia has reported Total Debt for 17 years, with the latest figure at $3.1 billion in Q4 2025.
- Quarterly Total Debt fell 37.17% year-over-year to $3.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.1 billion (down 37.17% YoY) and the FY2025 annual result came in at $3.1 billion, down 37.17% from the prior year.
- Total Debt retreated to $3.1 billion in Q4 2025 per NOK's latest filing, from $4.9 billion in the prior quarter.
- Over five years, Total Debt peaked at $6.2 billion in Q1 2021 and troughed at $3.1 billion in Q4 2025.
- A 5-year average of $4.8 billion and a median of $4.6 billion in 2022 frame the typical range for Total Debt.
- The sharpest annual moves came in 2021 and 2025: Total Debt increased 12.72% in 2021, then sank 37.17% in 2025.
- Over 5 years, Total Debt stood at $5.3 billion in 2021, then retreated by 14.19% to $4.6 billion in 2022, then slipped by 1.28% to $4.5 billion in 2023, then advanced by 8.68% to $4.9 billion in 2024, then sank by 37.17% to $3.1 billion in 2025.
- According to Business Quant data, Total Debt over the past three periods registered $3.1 billion, $4.9 billion, and $4.0 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 438.66 Bn | 422.02 Bn | 10.08 Bn | 34.83 Bn |
| 2 | Motorola Solutions | 79.58 Bn | 78.87 Bn | 1.68 Bn | 9.03 Bn |
| 3 | Hewlett Packard Enterprise | 71.72 Bn | 66.43 Bn | 3.94 Bn | 21.25 Bn |
| 4 | Lumentum Holdings | 64.78 Bn | 62.04 Bn | 477.30 Mn | 1.64 Bn |
| 5 | Nokia | 55.00 Bn | 48.24 Bn | 10.09 Bn | 3.97 Bn |
| 6 | Ciena | 54.96 Bn | 53.76 Bn | 691.55 Mn | 1.53 Bn |
| 7 | Ericsson Lm Telephone | 33.84 Bn | 28.69 Bn | 2.58 Bn | 2.35 Bn |
| 8 | Ubiquiti | 31.96 Bn | 31.59 Bn | 370.71 Mn | - |
| 9 | AST SpaceMobile | 20.27 Bn | 20.27 Bn | 9.12 Mn | 2.97 Bn |
| 10 | Zebra Technologies | 17.40 Bn | 17.24 Bn | 825.00 Mn | 5.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.08 Bn |
| Dec 31, 2024 | 4.90 Bn |
| Jun 30, 2024 | 3.96 Bn |
| Dec 31, 2023 | 4.51 Bn |
| Jun 30, 2023 | 4.54 Bn |
| Dec 31, 2022 | 4.57 Bn |
| Dec 31, 2021 | 5.32 Bn |
| Sep 30, 2021 | 5.99 Bn |
| Mar 31, 2021 | 6.22 Bn |
| Dec 31, 2020 | 6.65 Bn |
| Sep 30, 2020 | 6.73 Bn |
| Jun 30, 2020 | 6.54 Bn |
| Mar 31, 2020 | 5.51 Bn |
| Dec 31, 2019 | 4.73 Bn |
| Sep 30, 2019 | 4.99 Bn |
| Jun 30, 2019 | 4.82 Bn |
| Mar 31, 2019 | 5.00 Bn |
| Dec 31, 2018 | 4.24 Bn |
| Sep 30, 2018 | 7.56 Bn |
| Jun 30, 2018 | 7.74 Bn |