Nokia (NOK) Total Debt (2009 - 2025)
Nokia (NOK) posted quarterly Total Debt of $3.0 billion for Q4 2025, down 42.32% year-on-year from $5.2 billion in Q4 2024, and down 42.32% on a QoQ basis from $5.2 billion in Q4 2024.
Nokia (NOK) Total Debt (2009 - 2025) Analysis & Trends
Nokia (NOK) has reported Total Debt for 17 consecutive years, with $3.0 billion the latest figure, recorded in Q4 2025.
- Quarterly Total Debt fell 42.32% year-over-year to $3.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.0 billion (down 42.32% YoY) and the FY2025 annual result came in at $3.0 billion, down 42.32% from the prior year.
- Total Debt fell to $3.0 billion in Q4 2025 per NOK's latest filing, from $5.2 billion in the prior quarter.
- Over the last five years, Total Debt for NOK reached as high as $5.9 billion in Q1 2021 and fell as low as $3.0 billion in Q4 2025.
- A 5-year average of $4.9 billion and a median of $5.1 billion in 2022 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt gained 9.42% — and 2025, when it sank 42.32%.
- Year by year, Total Debt stood at $5.3 billion in 2021, then slipped by 3.78% to $5.1 billion in 2022, then fell by 6.39% to $4.8 billion in 2023, then grew by 9.42% to $5.2 billion in 2024, then tumbled by 42.32% to $3.0 billion in 2025.
- According to Business Quant data, Total Debt over the past three periods registered $3.0 billion, $5.2 billion, and $4.2 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 | 449.90 Bn | 433.26 Bn | 10.08 Bn | 34.80 Bn |
| 2 | Motorola Solutions | 70.79 Bn | 69.91 Bn | 1.36 Bn | 8.97 Bn |
| 3 | Hewlett Packard Enterprise | 62.79 Bn | 57.95 Bn | 9.10 Bn | 21.61 Bn |
| 4 | Ciena | 52.38 Bn | 51.08 Bn | 625.52 Mn | 1.54 Bn |
| 5 | Lumentum Holdings | 50.14 Bn | 46.97 Bn | 357.00 Mn | 3.28 Bn |
| 6 | Nokia | 48.70 Bn | 41.39 Bn | 9.86 Bn | 3.01 Bn |
| 7 | Ubiquiti | 32.21 Bn | 31.84 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 31.94 Bn | 26.26 Bn | 2.53 Bn | 2.31 Bn |
| 9 | AST SpaceMobile | 16.52 Bn | 16.52 Bn | 3.67 Mn | 2.97 Bn |
| 10 | Zebra Technologies | 12.98 Bn | 12.86 Bn | 742.00 Mn | 2.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.01 Bn |
| Dec 31, 2024 | 5.22 Bn |
| Jun 30, 2024 | 4.19 Bn |
| Dec 31, 2023 | 4.77 Bn |
| Jun 30, 2023 | 4.75 Bn |
| Dec 31, 2022 | 5.09 Bn |
| Dec 31, 2021 | 5.29 Bn |
| Sep 30, 2021 | 5.78 Bn |
| Mar 31, 2021 | 5.86 Bn |
| Dec 31, 2020 | 6.35 Bn |
| Sep 30, 2020 | 6.56 Bn |
| Jun 30, 2020 | 6.76 Bn |
| Mar 31, 2020 | 5.68 Bn |
| Dec 31, 2019 | 4.87 Bn |
| Sep 30, 2019 | 5.10 Bn |
| Jun 30, 2019 | 4.88 Bn |
| Mar 31, 2019 | 5.01 Bn |
| Dec 31, 2018 | 4.23 Bn |
| Sep 30, 2018 | 6.78 Bn |
| Jun 30, 2018 | 6.73 Bn |