Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
8.30
-0.26 (-3.04%)
At close: Nov 2, 2026, 4:00 PM EST
8.33
+0.03 (0.38%)
After-hours: Nov 2, 2026, 4:30 PM EST

Nokia Oyj Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
20,84819,88919,22021,13823,76122,202
Revenue Growth
7.32%3.48%-9.07%-11.04%7.02%1.60%
Gross Profit
9,4728,8809,0448,69710,1868,834
Operating Income
2,0611,5362,3002,0152,7051,795
Net Income
7826511,2776654,2501,623
Earnings Per Share
0.140.110.230.120.750.29
EPS Growth
-17.82%-51.03%101.78%-84.62%160.17%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Network Infrastructure
-7,9866,5186,9179,0477,674
Mobile Network
-7,8068,15810,28910,6719,717
Cloud and Network Services
-2,6062,5892,7283,3513,089
Nokia Technologies
-1,5011,9281,0851,5951,502
Group Common and Other
-1734130295257
Eliminations
--27-7-11-48-37
Revenue (Total)
20,59119,88919,22021,13824,91122,202

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
5,0066,4458,3127,8238,5479,268
Total Debt
3,3744,4164,7605,2165,6185,662
Net Cash (Debt)
1,6322,0293,5522,6072,9293,606
Net Cash Growth
2.00%-42.88%36.25%-10.99%-18.77%126.22%
Net Cash Per Share
0.290.370.640.470.520.63

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
6292,0712,4931,3171,4742,625
Capital Expenditures
-624-606-472-652-601-560
Free Cash Flow
51,4652,0216658732,065
Free Cash Flow Growth
-99.61%-27.51%203.91%-23.83%-57.72%61.33%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
45.43%44.65%47.05%41.14%42.87%39.79%
Operating Margin
9.89%7.72%11.97%9.53%11.38%8.09%
Pretax Margin
5.14%4.60%10.88%6.95%9.13%8.67%
Profit Margin
3.75%3.27%6.64%3.15%17.89%7.31%
FCF Margin
0.02%7.37%10.51%3.15%3.67%9.30%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.1090.1400.1400.1300.1200.080
Dividend Per Share Growth
3.89%0%7.69%8.33%50.00%-
Dividend Yield
1.31%2.51%3.27%4.25%2.77%1.43%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
54.1447.8818.0225.415.6919.39
P/FCF Ratio
8700.4221.2811.3925.4127.6915.24
PS Ratio
2.061.571.200.801.021.42