Nokia (NOKBF) EBITDA (2009 - 2025)

Nokia's (NOKBF) quarterly EBITDA came in at $1.3 billion in Q4 2025, up 46.51% year-on-year from $920.1 million in Q4 2024, and up 46.51% quarter-over-quarter from $920.1 million in Q4 2024.

Nokia (NOKBF) EBITDA (2009 - 2025) Analysis & Trends

Nokia has disclosed EBITDA across 17 years of filings, most recently posting $1.3 billion for Q4 2025.

  • EBITDA for Q4 2025 came in at $1.3 billion, up 46.51% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.7 billion (up 23.17% YoY), and the FY2025 annual result was $999.9 million, down 52.5% from the prior year.
  • EBITDA came in at $1.3 billion for Q4 2025 at Nokia, up from $920.1 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $3.2 billion in Q4 2021 to a low of $532.6 million in Q3 2024.
  • The 5-year median for EBITDA is $900.3 million (2024), against an average of $1.2 billion.
  • Across the five-year window, EBITDA soared 585.42% in 2021 and tumbled 71.65% in 2022, its largest moves.
  • Nokia's EBITDA stood at $3.2 billion in 2021, then slumped by 71.65% to $899.9 million in 2022, then dropped by 0.76% to $893.0 million in 2023, then grew by 3.03% to $920.1 million in 2024, then soared by 46.51% to $1.3 billion in 2025.
  • The last three EBITDA figures came in at $1.3 billion (Q4 2025), $920.1 million (Q4 2024), and $532.6 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 3.96 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 189.41 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 525.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 470.00 Mn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 207.30 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 290.82 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -233.51 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -12.99 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 215.00 Mn
10 Nokia - - 10.09 Bn 1.35 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.35 Bn
Dec 31, 2024 920.06 Mn
Sep 30, 2024 532.64 Mn
Jun 30, 2024 900.28 Mn
Mar 31, 2024 651.82 Mn
Dec 31, 2023 893.03 Mn
Jun 30, 2023 969.14 Mn
Dec 31, 2022 899.86 Mn
Dec 31, 2021 3.17 Bn
Sep 30, 2021 2.20 Bn
Mar 31, 2021 664.64 Mn
Dec 31, 2020 1.39 Bn
Sep 30, 2020 321.22 Mn
Jun 30, 2020 310.61 Mn
Mar 31, 2020 320.14 Mn
Dec 31, 2019 1.49 Bn
Sep 30, 2019 757.77 Mn
Jun 30, 2019 704.52 Mn
Mar 31, 2019 3.13 Bn
Dec 31, 2018 1.28 Bn