Nokia (NOKBF) Enterprise Value (2009 - 2025)

Nokia's (NOKBF) quarterly Enterprise Value came in at -$6.8 billion in Q4 2025, up 23.71% year-on-year from -$5.5 billion in Q4 2024, and up 23.71% quarter-over-quarter from -$8.9 billion in Q4 2024.

Nokia (NOKBF) Enterprise Value (2009 - 2025) Analysis & Trends

Nokia has disclosed Enterprise Value across 17 years of filings, most recently posting -$6.8 billion for Q4 2025.

  • Enterprise Value for Q4 2025 came in at -$6.8 billion, up 23.71% year-over-year; the trailing twelve-month figure through Dec 2025 was -$6.8 billion (up 23.71% YoY), and the FY2025 annual result was -$6.6 billion, up 25.95% from the prior year.
  • Enterprise Value came in at -$6.8 billion for Q4 2025 at Nokia, up from -$8.9 billion in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$6.8 billion in Q4 2025 to a low of -$10.6 billion in Q4 2021.
  • The 5-year median for Enterprise Value is -$8.7 billion (2021), against an average of -$8.5 billion.
  • Across the five-year window, Enterprise Value fell 27.78% in 2021 and advanced 23.71% in 2025, its largest moves.
  • Nokia's Enterprise Value stood at -$10.6 billion in 2021, then increased by 17.75% to -$8.7 billion in 2022, then rose by 3.77% to -$8.4 billion in 2023, then decreased by 5.49% to -$8.9 billion in 2024, then advanced by 23.71% to -$6.8 billion in 2025.
  • The last three Enterprise Value figures came in at -$6.8 billion (Q4 2025), -$8.9 billion (Q4 2024), and -$9.4 billion (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn -16.64 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn -1.30 Bn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn -867.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn -4.84 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn -3.17 Bn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn -368.66 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -2.45 Bn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -439.71 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn -114.00 Mn
10 Nokia - - 10.09 Bn -6.75 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -6.75 Bn
Dec 31, 2024 -8.85 Bn
Jun 30, 2024 -9.39 Bn
Mar 31, 2024 -6.77 Bn
Dec 31, 2023 -8.39 Bn
Jun 30, 2023 -7.59 Bn
Dec 31, 2022 -8.72 Bn
Dec 31, 2021 -10.60 Bn
Sep 30, 2021 -8.88 Bn
Mar 31, 2021 -8.60 Bn
Dec 31, 2020 -8.30 Bn
Sep 30, 2020 -8.57 Bn
Jun 30, 2020 -8.03 Bn
Mar 31, 2020 -6.83 Bn
Dec 31, 2019 -6.56 Bn
Sep 30, 2019 -5.72 Bn
Jun 30, 2019 -5.60 Bn
Mar 31, 2019 -7.03 Bn
Dec 31, 2018 -7.84 Bn
Sep 30, 2018 -5.88 Bn