Nokia (NOKBF) Tax Provisions (2009 - 2021)

Nokia's (NOKBF) quarterly Tax Provisions came in at -$144.7 million in Q1 2021, down 537.07% year-on-year from $33.1 million in Q1 2020, and down 103.65% quarter-over-quarter from $4.0 billion in Q4 2020.

Nokia (NOKBF) Tax Provisions (2009 - 2021) Analysis & Trends

Nokia has disclosed Tax Provisions across 13 years of filings, most recently posting -$144.7 million for Q1 2021.

  • Tax Provisions for Q1 2021 came in at -$144.7 million, down 537.07% year-over-year; the trailing twelve-month figure through Mar 2021 was $3.7 billion (up 3241.54% YoY), and the FY2025 annual result was $313.0 million, down 22.93% from the prior year.
  • Tax Provisions came in at -$144.7 million for Q1 2021 at Nokia, down from $4.0 billion in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $4.0 billion in Q4 2020 to a low of -$236.0 million in Q3 2020.
  • The 5-year median for Tax Provisions is $119.9 million (2017), against an average of $491.3 million.
  • Across the five-year window, Tax Provisions jumped 4470.36% in 2020 and tumbled 537.07% in 2021, its largest moves.
  • Nokia's Tax Provisions stood at $909.0 million in 2017, then declined by 3.06% to $881.2 million in 2018, then plunged by 110.3% to -$90.8 million in 2019, then surged by 4470.36% to $4.0 billion in 2020, then tumbled by 103.65% to -$144.7 million in 2021.
  • The last three Tax Provisions figures came in at -$144.7 million (Q1 2021), $4.0 billion (Q4 2020), and -$236.0 million (Q3 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 666.00 Mn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 30.83 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 73.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn -19.00 Mn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 39.60 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 56.25 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 1.17 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 1.05 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 32.00 Mn
10 Nokia - - 10.09 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2021 -144.75 Mn
Dec 31, 2020 3.97 Bn
Sep 30, 2020 -235.95 Mn
Jun 30, 2020 111.25 Mn
Mar 31, 2020 33.12 Mn
Dec 31, 2019 -90.76 Mn
Sep 30, 2019 -179.15 Mn
Jun 30, 2019 119.11 Mn
Mar 31, 2019 312.57 Mn
Dec 31, 2018 881.16 Mn
Sep 30, 2018 154.70 Mn
Jun 30, 2018 126.51 Mn
Mar 31, 2018 1.14 Bn
Dec 31, 2017 908.98 Mn
Sep 30, 2017 119.86 Mn
Jun 30, 2017 -95.66 Mn
Mar 31, 2017 1.23 Bn
Dec 31, 2016 432.97 Mn
Sep 30, 2016 241.10 Mn
Jun 30, 2016 152.53 Mn