Nokia NOK
NYSE NOK
$10.15 +0.01 (+0.05%)
As of: Aug 21, 2026 · 11:10 AM EDT

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
DateValue
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