Nokia (NOK) Total Liabilities (2009 - 2025)
Nokia (NOK) posted quarterly Total Liabilities of $18.8 billion for Q4 2025, down 10.12% year-on-year from $20.9 billion in Q4 2024, and down 10.12% on a QoQ basis from $20.9 billion in Q4 2024.
Nokia (NOK) Total Liabilities (2009 - 2025) Analysis & Trends
Nokia (NOK) has reported Total Liabilities for 17 consecutive years, with $18.8 billion the latest figure, recorded in Q4 2025.
- Quarterly Total Liabilities fell 10.12% year-over-year to $18.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $18.8 billion (down 10.12% YoY) and the FY2025 annual result came in at $18.8 billion, down 10.12% from the prior year.
- Total Liabilities eased to $18.8 billion in Q4 2025 per NOK's latest filing, from $20.9 billion in the prior quarter.
- Over the last five years, Total Liabilities for NOK reached as high as $46.4 billion in Q2 2023 and fell as low as $18.8 billion in Q4 2025.
- A 5-year average of $32.1 billion and a median of $25.7 billion in 2021 frame the typical range for Total Liabilities.
- Annual changes were most pronounced in 2021 — Total Liabilities advanced 0.53% — and 2023, when it declined 10.62%.
- Year by year, Total Liabilities stood at $25.7 billion in 2021, then dropped by 4.74% to $24.5 billion in 2022, then dropped by 10.62% to $21.9 billion in 2023, then fell by 4.32% to $20.9 billion in 2024, then retreated by 10.12% to $18.8 billion in 2025.
- According to Business Quant data, Total Liabilities over the past three periods registered $18.8 billion, $20.9 billion, and $44.2 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 450.61 Bn | 433.97 Bn | 10.08 Bn | 76.69 Bn |
| 2 | Motorola Solutions | 70.61 Bn | 69.72 Bn | 1.36 Bn | 19.08 Bn |
| 3 | Hewlett Packard Enterprise | 63.14 Bn | 58.30 Bn | 9.10 Bn | 75.77 Bn |
| 4 | Ciena | 52.37 Bn | 51.07 Bn | 625.52 Mn | 3.10 Bn |
| 5 | Lumentum Holdings | 50.93 Bn | 47.76 Bn | 357.00 Mn | 4.05 Bn |
| 6 | Nokia | 49.09 Bn | 41.79 Bn | 9.86 Bn | 18.82 Bn |
| 7 | Ubiquiti | 32.37 Bn | 32.00 Bn | 370.71 Mn | 513.28 Mn |
| 8 | Ericsson Lm Telephone | 31.92 Bn | 26.24 Bn | 2.53 Bn | 15.44 Bn |
| 9 | AST SpaceMobile | 16.73 Bn | 16.73 Bn | 3.67 Mn | 3.39 Bn |
| 10 | Zebra Technologies | 12.97 Bn | 12.85 Bn | 742.00 Mn | 4.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.82 Bn |
| Dec 31, 2024 | 20.94 Bn |
| Jun 30, 2024 | 44.22 Bn |
| Dec 31, 2023 | 21.89 Bn |
| Jun 30, 2023 | 46.37 Bn |
| Dec 31, 2022 | 24.49 Bn |
| Dec 31, 2021 | 25.70 Bn |
| Sep 30, 2021 | 44.39 Bn |
| Mar 31, 2021 | 41.94 Bn |
| Dec 31, 2020 | 26.91 Bn |
| Sep 30, 2020 | 44.16 Bn |
| Jun 30, 2020 | 45.03 Bn |
| Mar 31, 2020 | 45.24 Bn |
| Dec 31, 2019 | 27.00 Bn |
| Sep 30, 2019 | 44.51 Bn |
| Jun 30, 2019 | 44.30 Bn |
| Mar 31, 2019 | 46.18 Bn |
| Dec 31, 2018 | 27.48 Bn |
| Sep 30, 2018 | 55.61 Bn |
| Jun 30, 2018 | 55.77 Bn |