stockrowNokia Corporation
NOK Technology Communication Equipment
Nokia Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.5 billion, up 8.20% from fiscal 2024.
- Revenue
- +5.12%
- EPS
- +73.4%
- Free cash flow
- −112.3%
- Total debt
- −21.4%
Quarter to September 2026, against a year earlier
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Nokia Corporation (NOK) Current ratio
Nokia Corporation's current ratio at the end of the quarter to 30 September 2026 was 1.5×, down 0.1× from fiscal 2025 (1.6×). Over the past ten years it has ranged from 1.3× (fiscal 2018) to 2.5× (fiscal 2015); the current reading is higher than 55% of that period. That is below the Communication Equipment industry median of 2.0× and below the Technology sector median of 1.9×.
Current ratio, annual
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Annual newest first
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 1.6× | 0.00% |
| FY2024 | 1.6× | (5.00%) |
| FY2023 | 1.7× | 4.73% |
| FY2022 | 1.6× | (2.04%) |
| FY2021 | 1.6× | 4.56% |
| FY2020 | 1.5× | 11.08% |
| FY2019 | 1.4× | 7.63% |
| FY2018 | 1.3× | (16.89%) |
| FY2017 | 1.6× | (5.17%) |
| FY2016 | 1.6× | (33.61%) |
Quarterly newest first
| Period | Current ratio | Change |
|---|---|---|
| Sep 2026 | 1.5× | (2.40%) |
| Jun 2026 | 1.5× | (3.93%) |
| Mar 2026 | 1.6× | (0.76%) |
| Dec 2025 | 1.6× | 6.81% |
| 43 more quarters | Free account |
Against its own ten years
Current ratio against peers
| Company | Current ratio |
|---|---|
| ASTS AST SpaceMobile, Inc. compare | 13.1× |
| CIEN Ciena Corporation compare | 3.8× |
| UI Ubiquiti Inc. compare | 2.9× |
| LITE Lumentum Holdings Inc. compare | 1.6× |
| NOK Nokia Corporation | 1.5× |
| ERIC Ericsson compare | 1.2× |
| HPE Hewlett Packard Enterprise Company compare | 1.1× |
| MSI Motorola Solutions, Inc. compare | 1.1× |
| ZBRA Zebra Technologies Corporation compare | 0.6× |
| Communication Equipment industry median | 2.0× |
| Technology sector median | 1.9× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on NOK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement