Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Asia Pacific Revenue	2.19B	2.04B
Asia Pacific Revenue Growth	7.35%	-10.87%
Europe Revenue	6.17B	6.36B
Europe Revenue Growth	-3.10%	8.33%
Greater China Revenue	913.00M	1.13B
Greater China Revenue Growth	-19.49%	-12.97%
India Revenue	1.53B	1.37B
India Revenue Growth	11.73%	-51.69%
Latin America Revenue	784.00M	895.00M
Latin America Revenue Growth	-12.40%	-14.44%
Middle East & Africa Revenue	2.10B	2.03B
Middle East & Africa Revenue Growth	3.30%	-0.83%
North America Revenue	6.20B	5.38B
North America Revenue Growth	15.24%	-6.14%
Revenue (Other)	-	-
Revenue (Total)	19.89B	19.22B
Revenue (Total) Growth	3.48%	-9.07%

Revenue Breakdown

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Network Infrastructure Revenue	7.99B	6.52B
Network Infrastructure Revenue Growth	22.52%	-5.77%
Mobile Network Revenue	7.81B	8.16B
Mobile Network Revenue Growth	-4.32%	-20.71%
Cloud and Network Services Revenue	2.61B	2.59B
Cloud and Network Services Revenue Growth	0.66%	-5.10%
Nokia Technologies Revenue	1.50B	1.93B
Nokia Technologies Revenue Growth	-22.15%	77.70%
Group Common and Other Revenue	17.00M	34.00M
Group Common and Other Revenue Growth	-50.00%	-73.85%
Eliminations from Revenue	-27.00M	-7.00M
Revenue (Other)	-	-
Revenue (Total)	19.89B	19.22B
Revenue (Total) Growth	3.48%	-9.07%

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Network Infrastructure Operating Profit	780.00M	761.00M
Network Infrastructure Operating Profit Growth	2.50%	-25.10%
Mobile Network Operating Profit	220.00M	452.00M
Mobile Network Operating Profit Growth	-51.33%	-42.27%
Cloud and Network Services Operating Profit	338.00M	206.00M
Cloud and Network Services Operating Profit Growth	64.08%	6.19%
Nokia Technologies Operating Profit	1.06B	1.51B
Nokia Technologies Operating Profit Growth	-30.05%	106.27%
Group Common and Other Operating Profit	-373.00M	-349.00M
Eliminations from Operating Profit	-1.14B	-614.00M
Operating Income (Other)	-	-
Operating Income (Total)	885.00M	1.97B
Operating Income (Total) Growth	-55.08%	13.68%

Updated Dec 31, 2025. Data Source: Fiscal.ai.