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
Follow NOK
Alert me
Nokia Corporation (NOK) Operating cash flow
Nokia Corporation's operating cash flow for fiscal 2025 was $2.3B, down 13.1% from $2.7B in fiscal 2024. Over the twelve months to 30 September 2026 it was $653.0M. Over the past ten years it has ranged from −$1.6B (fiscal 2016) to $3.1B (fiscal 2021); the current reading is higher than 82% of that period. Nokia Corporation ranks 10th of 46 Communication Equipment companies by operating cash flow.
Operating cash flow, annual
Embed this chart
Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $2.3B | (13.14%) |
| FY2024 | $2.7B | 89.26% |
| FY2023 | $1.4B | (8.22%) |
| FY2022 | $1.6B | (49.99%) |
| FY2021 | $3.1B | 54.56% |
| FY2020 | $2.0B | 360.01% |
| FY2019 | $436.8M | 2.74% |
| FY2018 | $425.2M | (79.23%) |
| FY2017 | $2.0B | — |
| FY2016 | −$1.6B | — |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | $104.0M | — |
| Jun 2026 | −$728.1M | — |
| Mar 2026 | $916.4M | 154.09% |
| Dec 2025 | $360.7M | (50.92%) |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| HPE Hewlett Packard Enterprise Company compare | $6.7B |
| ERIC Ericsson compare | $3.3B |
| MSI Motorola Solutions, Inc. compare | $2.8B |
| ZBRA Zebra Technologies Corporation compare | $1.1B |
| CIEN Ciena Corporation compare | $1.1B |
| LITE Lumentum Holdings Inc. compare | $961.2M |
| UI Ubiquiti Inc. compare | $928.7M |
| NOK Nokia Corporation | $653.0M |
| ASTS AST SpaceMobile, Inc. compare | −$144.7M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
More on NOK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement