Nokia reported total assets of $44.17B and total liabilities of $19.54B for the quarter ended Dec 2025, down 0.3% year over year. This balance sheet covers 57 quarters of results from Mar 2009 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance SheetBalance Sheet | Mar2009 | Jun2009 | Sep2009 | Dec2009 | Mar2010 | Jun2010 | Sep2010 | Dec2010 | Mar2011 | Jun2011 | Sep2011 | Dec2011 | Mar2012 | Jun2012 | Sep2012 | Dec2012 | Mar2013 | Jun2013 | Sep2013 | Dec2013 | Mar2014 | Jun2014 | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Sep2021 | Dec2021 | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 5,773.39M | 5,584.78M | 7,162.55M | 6,583.04M | 5,337.32M | 5,166.06M | 6,620.56M | 6,793.66M | 7,972.02M | 8,026.87M | 8,536.13M | 8,575.82M | 8,008.59M | 7,577.58M | 5,828.23M | 5,549.22M | 6,899.91M | 7,338.52M | 6,891.99M | 6,416.37M | |||||||||||||||||||||||||||||||||||||
| Short-term InvestmentsInvestments (Current) | 283.29M | 294.43M | 277.99M | 367.22M | 326.40M | 463.97M | 183.72M | 307.75M | 231.69M | 292.38M | 263.22M | 220.40M | 321.36M | 380.52M | 655.64M | 557.53M | 488.11M | 387.65M | 654.55M | 399.41M | |||||||||||||||||||||||||||||||||||||
| Cash & Current Investments | 6,056.68M | 5,879.20M | 7,440.54M | 6,950.26M | 5,663.72M | 5,630.03M | 6,804.28M | 7,101.41M | 8,203.71M | 8,319.24M | 8,799.35M | 8,796.22M | 8,329.95M | 7,958.10M | 6,483.87M | 6,106.75M | 7,388.02M | 7,726.16M | 7,546.54M | 6,815.78M | |||||||||||||||||||||||||||||||||||||
| Receivables - NetNet Receivables | 5,604.57M | 5,567.32M | 5,555.24M | 5,536.40M | 5,432.85M | 4,965.80M | 5,629.15M | 5,333.23M | 5,253.57M | 4,856.51M | 6,768.63M | 5,308.45M | 5,286.85M | 6,095.13M | 5,915.65M | 5,818.74M | 5,446.66M | 3,825.07M | 5,461.15M | 5,844.28M | |||||||||||||||||||||||||||||||||||||
| Receivables - OtherOther Receivables | 1,996.92M | 2,185.50M | 2,144.99M | 1,695.73M | 1,947.05M | 1,840.56M | 1,668.02M | 1,460.43M | 1,345.17M | 1,620.40M | 1,328.39M | 1,348.21M | 1,429.32M | 1,297.85M | 1,282.49M | 1,198.74M | 1,257.35M | 837.40M | 722.19M | 945.66M | |||||||||||||||||||||||||||||||||||||
| Receivables | 7,601.49M | 7,752.82M | 7,700.23M | 7,232.14M | 7,379.90M | 6,806.37M | 7,297.18M | 6,793.66M | 6,598.73M | 6,476.92M | 8,097.02M | 6,656.66M | 6,716.17M | 7,392.98M | 7,198.14M | 7,017.49M | 6,704.00M | 4,662.47M | 6,183.34M | 6,789.93M | |||||||||||||||||||||||||||||||||||||
| Raw Materials | 528.53M | 712.47M | 678.95M | 762.17M | 1,146.03M | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Finished Goods | 1,496.34M | 1,409.25M | 1,156.19M | 1,176.67M | 1,465.85M | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory | 3,396.04M | 3,699.52M | 3,624.17M | 3,961.95M | 4,101.08M | 3,985.34M | 3,288.99M | 3,123.83M | 3,222.32M | 3,223.19M | 2,757.64M | 2,656.57M | 2,879.52M | 2,708.95M | 3,480.74M | 3,604.93M | 3,009.44M | 2,654.63M | 2,250.85M | 2,594.98M | |||||||||||||||||||||||||||||||||||||
| Current Deferred Tax AssetsCurrent Deferred Tax | -93.81M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Prepaid Assets | 1,282.33M | 1,245.20M | 1,171.45M | 1,166.80M | 1,294.24M | 1,192.76M | 1,017.17M | 973.99M | 959.39M | 1,100.23M | -99.63M | 1,001.20M | 1,011.66M | 172.14M | |||||||||||||||||||||||||||||||||||||||||||
| Current Assets | 19,909.12M | 20,084.95M | 20,896.20M | 20,242.12M | 18,962.11M | 18,162.72M | 18,828.82M | 18,463.90M | 19,774.83M | 20,451.13M | 22,404.26M | 21,257.24M | 22,161.38M | 22,193.66M | 21,605.08M | 20,061.30M | 1,817.40M | 18,403.58M | 18,717.55M | 18,551.32M | |||||||||||||||||||||||||||||||||||||
| Non-Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 2,060.52M | 2,040.03M | 2,047.75M | 1,995.58M | 2,026.66M | 2,007.99M | 2,079.15M | 2,013.06M | 1,990.75M | 2,193.07M | 2,103.21M | 2,178.94M | 2,148.14M | 2,132.31M | 2,159.40M | 1,457.42M | 1,417.32M | 1,844.32M | |||||||||||||||||||||||||||||||||||||||
| Long-Term Investments | 165.88M | 184.84M | 286.59M | 275.20M | 212.15M | 97.40M | 129.04M | 211.45M | |||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | 6,225.50M | 6,295.82M | 6,237.06M | 6,206.83M | 6,228.96M | 6,183.73M | 6,191.51M | 6,414.22M | 6,308.56M | 6,242.20M | 6,138.48M | 6,150.62M | 6,041.45M | 6,076.32M | 6,091.93M | 5,997.82M | 5,968.97M | 7,043.68M | |||||||||||||||||||||||||||||||||||||||
| Intangibles | 4,215.86M | 3,984.64M | 3,835.81M | 3,525.10M | 3,285.64M | 2,958.91M | 2,721.04M | 2,620.84M | 2,572.24M | 2,402.17M | 2,219.28M | 1,834.65M | 1,346.45M | 1,234.61M | 1,202.01M | 1,029.08M | 834.57M | 1,643.45M | |||||||||||||||||||||||||||||||||||||||
| Goodwill & Intangibles | 10,441.36M | 10,280.46M | 10,072.87M | 9,731.94M | 9,514.60M | 9,142.64M | 8,912.55M | 9,035.06M | 8,880.79M | 8,643.14M | 8,357.76M | 7,985.28M | 7,387.90M | 7,310.92M | 7,293.94M | 7,026.90M | 6,803.54M | 8,687.12M | |||||||||||||||||||||||||||||||||||||||
| Long-Term Deferred Tax | 5,636.95M | 5,699.99M | 7,057.30M | 5,855.33M | 5,988.99M | 5,938.61M | 7,627.64M | 5,633.26M | 5,633.72M | 5,687.85M | 4,493.15M | 1,901.57M | 1,181.04M | 4,357.87M | 7,001.98M | 4,104.85M | 6,920.94M | 3,952.50M | 6,186.46M | 7,081.27M | |||||||||||||||||||||||||||||||||||||
| Other Non-Current Assets | 354.98M | 367.74M | 352.35M | 342.52M | 301.38M | 283.42M | 327.11M | 312.16M | 253.06M | 247.76M | 376.38M | 262.61M | 291.20M | 368.06M | 1,137.88M | 87.44M | 886.66M | 1,230.01M | 1,259.31M | ||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | 24,725.09M | 24,718.96M | 24,305.31M | 25,323.70M | 25,305.93M | 24,637.52M | 25,003.53M | 25,385.52M | 24,730.35M | 25,112.72M | 22,110.29M | 21,948.93M | 23,097.63M | 23,161.95M | 24,175.39M | 24,221.58M | 24,011.33M | 22,320.74M | 22,021.50M | 25,614.97M | |||||||||||||||||||||||||||||||||||||
| Assets | 44,681.61M | 44,842.31M | 45,207.23M | 45,575.93M | 44,277.14M | 42,803.52M | 43,832.35M | 43,850.52M | 44,505.18M | 45,565.03M | 44,514.56M | 43,205.00M | 45,257.85M | 45,355.60M | 45,780.47M | 44,283.96M | 44,117.81M | 41,612.05M | 40,739.04M | 44,166.29M | |||||||||||||||||||||||||||||||||||||
| Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payables | 4,509.56M | 4,685.21M | 5,460.29M | 4,695.27M | 4,428.62M | 4,223.89M | 4,241.19M | 3,502.17M | 3,660.96M | 3,718.71M | 3,903.99M | 3,643.70M | 3,748.48M | 4,166.48M | 5,042.54M | 4,626.52M | 3,788.64M | 3,106.53M | 3,343.50M | 3,498.34M | |||||||||||||||||||||||||||||||||||||
| Notes Payables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Payables | 4,509.56M | 4,685.21M | 5,460.29M | 4,695.27M | 4,428.62M | 4,223.89M | 4,241.19M | 3,502.17M | 3,660.96M | 3,718.71M | 3,903.99M | 3,643.70M | 3,748.48M | 4,166.48M | 5,042.54M | 4,626.52M | 3,788.64M | 3,106.53M | 3,343.50M | 3,498.34M | |||||||||||||||||||||||||||||||||||||
| Accumulated Expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Accumulated Expenses | 2,768.17M | 2,677.76M | 506.79M | 2,388.63M | 2,411.06M | 2,315.48M | 2,164.28M | 1,928.13M | -67.65M | 339.75M | 3,858.13M | 3,010.44M | 3,125.66M | 2,586.10M | 3,000.09M | 3,216.41M | |||||||||||||||||||||||||||||||||||||||||
| Short term Debt | 1,093.86M | 1,125.33M | 2,156.43M | 845.62M | 383.27M | 456.31M | 1,226.65M | 924.35M | 850.29M | 779.67M | 1,597.76M | 133.65M | 646.21M | 131.37M | 243.07M | 637.95M | 613.18M | 998.03M | 2,744.10M | 1,644.62M | |||||||||||||||||||||||||||||||||||||
| Current Leases | 285.24M | 253.62M | 261.53M | 290.14M | 262.53M | 255.31M | 248.93M | 232.47M | 248.54M | 229.71M | 209.51M | 196.16M | 209.75M | 219.15M | 223.81M | 207.08M | 238.47M | ||||||||||||||||||||||||||||||||||||||||
| Current Taxes | 333.01M | 239.73M | 306.59M | 243.69M | 235.42M | 191.50M | 209.48M | 205.17M | 176.58M | 192.57M | 231.24M | 196.96M | 169.38M | 228.77M | 197.22M | 210.84M | 224.68M | 180.97M | 215.41M | 404.11M | |||||||||||||||||||||||||||||||||||||
| Current Deferred Revenue | 979.38M | 940.30M | 943.80M | 828.78M | 1,145.26M | 1,040.65M | 750.55M | 935.38M | 868.28M | 794.94M | 633.44M | 711.62M | 475.67M | 400.91M | 127.93M | 138.02M | 232.43M | 250.58M | 192.51M | 335.97M | |||||||||||||||||||||||||||||||||||||
| Total Current Liabilities | 14,551.99M | 15,591.76M | 16,134.90M | 15,435.67M | 14,116.10M | 13,560.21M | 13,504.37M | 13,440.62M | 13,147.98M | 13,354.23M | 14,465.91M | 13,278.15M | 13,820.99M | 13,704.42M | 13,618.05M | 12,505.84M | 12,100.85M | 10,611.03M | 11,856.77M | 11,751.99M | |||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Debt | 3,200.63M | 3,218.90M | 3,232.93M | 4,098.96M | 4,491.17M | 4,446.02M | 4,464.12M | 4,585.36M | 5,827.18M | 5,987.27M | 6,168.40M | 5,907.52M | 5,248.56M | 5,138.17M | 4,529.75M | 3,895.10M | 4,025.50M | 2,941.62M | 3,036.52M | 2,735.94M | |||||||||||||||||||||||||||||||||||||
| Non-Current Deffered Revenue | 1,927.55M | 1,070.64M | 974.68M | 925.35M | 895.05M | 815.23M | 797.60M | 730.22M | 701.83M | 681.04M | 665.42M | 596.73M | 559.20M | 493.77M | 109.81M | ||||||||||||||||||||||||||||||||||||||||||
| Pension | 4,943.17M | 4,938.90M | 4,950.06M | 5,191.64M | 5,407.83M | 5,352.08M | 4,865.16M | 4,822.52M | 5,102.86M | 5,155.93M | 4,976.54M | 4,452.62M | 4,069.84M | 3,859.57M | 2,621.48M | 2,602.89M | 2,544.58M | 2,277.69M | 2,167.60M | 2,287.20M | |||||||||||||||||||||||||||||||||||||
| Minority Interest | 80.94M | 79.13M | 93.81M | 96.58M | 89.85M | 86.45M | 85.14M | 87.14M | 87.73M | 97.46M | 98.40M | 99.65M | 116.02M | 115.52M | 99.15M | 104.33M | 100.72M | 100.66M | 93.66M | 106.90M | |||||||||||||||||||||||||||||||||||||
| Liabilities from Discontinued OperationsLiabilities from Discont. Ops | 857.75M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 461.36M | 481.79M | 400.40M | 372.84M | 334.36M | 352.36M | 436.89M | 358.49M | 269.93M | 257.15M | 319.80M | 328.26M | 317.88M | 319.37M | 353.94M | 372.77M | 802.44M | 711.04M | 584.83M | 460.49M | |||||||||||||||||||||||||||||||||||||
| Operating Leases | 3.47M | 2.33M | 2.29M | 913.00M | 850.70M | 803.20M | 863.70M | 798.61M | 819.92M | 844.25M | 886.82M | 970.71M | 965.25M | 933.18M | 914.69M | 911.83M | 884.35M | 769.94M | 690.97M | 936.26M | |||||||||||||||||||||||||||||||||||||
| Other Non-Current Liabilities | -41.45M | -164.82M | 1.13M | 109.81M | 102.16M | 122.86M | 113.51M | 121.75M | 172.69M | ||||||||||||||||||||||||||||||||||||||||||||||||
| Total Non-Current Liabilities | 12,681.10M | 11,750.26M | 11,487.99M | 13,269.40M | 13,798.79M | 13,457.35M | 13,075.32M | 12,757.84M | 14,126.49M | 14,339.39M | 14,618.43M | 13,783.44M | 12,420.67M | 11,875.42M | 9,320.70M | 8,655.30M | 9,185.49M | 7,636.21M | 7,292.63M | 7,676.86M | |||||||||||||||||||||||||||||||||||||
| Total Liabilities | 27,314.04M | 27,419.99M | 27,618.32M | 28,801.64M | 28,005.87M | 27,105.10M | 26,579.69M | 26,285.60M | 27,363.32M | 27,791.09M | 29,084.34M | 27,161.25M | 26,356.52M | 25,579.84M | 23,037.89M | 21,161.14M | 21,387.07M | 19,104.99M | 19,243.06M | 19,535.75M | |||||||||||||||||||||||||||||||||||||
| Shareholder's Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Debt | 4,294.49M | 4,344.23M | 5,389.36M | 4,944.58M | 4,874.44M | 4,902.34M | 5,690.77M | 5,509.72M | 6,677.46M | 6,766.94M | 7,766.15M | 6,041.17M | 5,894.77M | 5,269.54M | 4,772.82M | 4,533.06M | 4,638.68M | 3,939.65M | 5,780.62M | 4,380.57M | |||||||||||||||||||||||||||||||||||||
| Common Equity | 17,367.58M | 17,422.32M | 17,588.92M | 16,774.29M | 16,271.27M | 15,698.42M | 17,252.66M | 17,564.91M | 17,141.86M | 17,773.94M | 15,430.22M | 16,043.75M | 18,901.33M | 19,775.76M | 22,742.58M | 23,122.82M | 22,730.74M | 22,507.07M | 21,495.99M | 24,630.55M | |||||||||||||||||||||||||||||||||||||
| Liabilities and Shareholders Equity | 44,681.61M | 44,842.31M | 45,207.23M | 45,575.93M | 44,277.14M | 42,803.52M | 43,832.35M | 43,850.52M | 44,505.18M | 45,565.03M | 44,514.56M | 43,205.00M | 45,257.85M | 45,355.60M | 45,780.47M | 44,283.96M | 44,117.81M | 41,612.05M | 40,739.04M | 44,166.29M | |||||||||||||||||||||||||||||||||||||
| Treasury Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | 1,357.49M | 1,458.16M | -1,214.92M | 1,690.12M | 2,250.71M | -2,383.32M | -1,806.93M | -1,910.48M | -1,849.04M | -1,704.95M | -5,095.85M | -4,553.45M | -3,712.51M | -2,873.16M | 1,465.85M | 1,816.05M | 1,553.97M | 1,397.46M | 2,035.44M | 2,181.47M |
Pull Nokia's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=NOK&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "NOK", "statement": "BS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=NOK&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();