Nokia (NOKBF) Operating Leases (2018 - 2025)

Nokia's (NOKBF) quarterly Operating Leases came in at $927.7 million in Q4 2025, up 30.75% year-on-year from $709.5 million in Q4 2024, and up 30.75% quarter-over-quarter from $709.5 million in Q4 2024.

Nokia (NOKBF) Operating Leases (2018 - 2025) Analysis & Trends

Nokia has disclosed Operating Leases across 8 years of filings, most recently posting $927.7 million for Q4 2025.

  • Operating Leases for Q4 2025 came in at $927.7 million, up 30.75% year-over-year; the trailing twelve-month figure through Dec 2025 was $927.7 million (up 30.75% YoY), and the FY2025 annual result was $900.5 million, up 26.91% from the prior year.
  • Operating Leases came in at $927.7 million for Q4 2025 at Nokia, up from $709.5 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $998.8 million in Q1 2021 to a low of $709.5 million in Q4 2024.
  • The 5-year median for Operating Leases is $913.6 million (2023), against an average of $887.0 million.
  • Across the five-year window, Operating Leases retreated 17.46% in 2024 and surged 30.75% in 2025, its largest moves.
  • Nokia's Operating Leases stood at $942.6 million in 2021, then slipped by 7.14% to $875.4 million in 2022, then decreased by 1.79% to $859.7 million in 2023, then declined by 17.46% to $709.5 million in 2024, then surged by 30.75% to $927.7 million in 2025.
  • The last three Operating Leases figures came in at $927.7 million (Q4 2025), $709.5 million (Q4 2024), and $774.3 million (Q2 2024), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 927.74 Mn
Dec 31, 2024 709.55 Mn
Jun 30, 2024 774.28 Mn
Dec 31, 2023 859.68 Mn
Jun 30, 2023 913.61 Mn
Dec 31, 2022 875.37 Mn
Dec 31, 2021 942.63 Mn
Sep 30, 2021 981.17 Mn
Mar 31, 2021 998.76 Mn
Dec 31, 2020 859.64 Mn
Sep 30, 2020 839.85 Mn
Jun 30, 2020 802.96 Mn
Mar 31, 2020 799.25 Mn
Dec 31, 2019 853.41 Mn
Sep 30, 2019 816.74 Mn
Jun 30, 2019 840.48 Mn
Dec 31, 2018 2.28 Mn