Shareholders' equity · 2016–2025

Nokia shareholders' equity

$24.6B+14.8% · FY2025

Nokia (NOK) reported $24.6B in shareholders' equity for fiscal 2025, +14.8% year on year.

$21.2B2016$19.4B2017$17.5B2018$17.2B2019$15.3B2020$19.7B2021$22.8B2022$22.7B2023$21.5B2024$24.6B2025
Nokia — Shareholders' equity, 2016–2025
Fiscal yearShareholders' equityChangeFiling
FY20252025-12-31$24.6B+14.8%Open →
FY20242024-12-31$21.5B−5.4%Open →
FY20232023-12-31$22.7B−0.3%Open →
FY20222022-12-31$22.8B+15.7%Open →
FY20212021-12-31$19.7B+28.5%Open →
FY20202020-12-31$15.3B−11.2%Open →
FY20192019-12-31$17.2B−1.7%Open →
FY20182018-12-31$17.5B−9.6%Open →
FY20172017-12-31$19.4B−8.6%Open →
FY20162016-12-31$21.2B—Open →

Shareholders' equity — Shareholders' equity is what remains after subtracting liabilities from assets — the accounting book value of the company, not its market value.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +1.7%

Figures are reported under IFRS in EUR and converted to US dollars at ECB reference rates — fiscal 2025 average 0.885 EUR/$ for income items, year-end 0.851 EUR/$ for balance-sheet items.

Shareholders' equity at companies of similar size

Full ranking by shareholders' equity →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Nokia shareholders' equity |url=https://companiesranked.com/en/company/nokia/shareholders-equity |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Nokia shareholders' equity. CompaniesRanked. https://companiesranked.com/en/company/nokia/shareholders-equity

BibTeX

@misc{companiesranked-en-company-nokia-shareholders-equity-2026,
  author       = {{CompaniesRanked}},
  title        = {{Nokia shareholders' equity}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/nokia/shareholders-equity}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001628280-26-015034 · March 5, 2026

{{cite web |title=Nokia shareholders' equity — 20-F (0001628280-26-015034) |url=https://www.sec.gov/Archives/edgar/data/924613/000162828026015034/nok-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-05}}

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