Nokia (NOK) Total Liabilities (2009 - 2025)
Nokia (NOK) posted Total Liabilities of $19.3 billion for Q4 2025, down 2.1% sequentially from $19.7 billion in Q4 2024, and down 2.1% YoY from $19.7 billion in Q4 2024.
Nokia (NOK) Total Liabilities (2009 - 2025) Analysis & Trends
Nokia has reported Total Liabilities for 17 years, with the latest figure at $19.3 billion in Q4 2025.
- Quarterly Total Liabilities fell 2.1% year-over-year to $19.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $19.3 billion (down 2.1% YoY) and the FY2025 annual result came in at $19.3 billion, down 2.1% from the prior year.
- Total Liabilities declined to $19.3 billion in Q4 2025 per NOK's latest filing, from $19.7 billion in the prior quarter.
- Over five years, Total Liabilities peaked at $46.0 billion in Q3 2021 and troughed at $19.3 billion in Q4 2025.
- A 5-year average of $31.6 billion and a median of $25.8 billion in 2021 frame the typical range for Total Liabilities.
- The sharpest annual moves came in 2021 and 2022: Total Liabilities climbed 1.49% in 2021, then slipped 15.04% in 2022.
- Over 5 years, Total Liabilities stood at $25.8 billion in 2021, then retreated by 15.04% to $22.0 billion in 2022, then dropped by 5.74% to $20.7 billion in 2023, then decreased by 4.97% to $19.7 billion in 2024, then decreased by 2.1% to $19.3 billion in 2025.
- According to Business Quant data, Total Liabilities over the past three periods registered $19.3 billion, $19.7 billion, and $41.8 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 76.69 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 79.51 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 19.24 Bn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 4.05 Bn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 19.25 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 3.15 Bn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 513.28 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 15.72 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 3.46 Bn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 5.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19.25 Bn |
| Dec 31, 2024 | 19.66 Bn |
| Jun 30, 2024 | 41.85 Bn |
| Dec 31, 2023 | 20.69 Bn |
| Jun 30, 2023 | 44.37 Bn |
| Dec 31, 2022 | 21.95 Bn |
| Dec 31, 2021 | 25.84 Bn |
| Sep 30, 2021 | 46.00 Bn |
| Mar 31, 2021 | 44.45 Bn |
| Dec 31, 2020 | 28.19 Bn |
| Sep 30, 2020 | 45.33 Bn |
| Jun 30, 2020 | 43.58 Bn |
| Mar 31, 2020 | 43.89 Bn |
| Dec 31, 2019 | 26.26 Bn |
| Sep 30, 2019 | 43.53 Bn |
| Jun 30, 2019 | 43.75 Bn |
| Mar 31, 2019 | 46.13 Bn |
| Dec 31, 2018 | 27.56 Bn |
| Sep 30, 2018 | 44.82 Bn |
| Jun 30, 2018 | 46.12 Bn |