Nokia Oyj (NOK)

Nokia Oyj Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	19,889	19,220	21,138
Revenue Growth (YoY)	3.48%	-9.07%	-
Cost of Revenue	11,230	10,356	12,592
Gross Profit	8,659	8,864	8,546
Selling, General & Admin	3,073	2,872	2,863
Research & Development	4,855	4,512	4,277
Other Operating Expenses	70	-280	-121
Total Operating Expenses	7,998	7,104	7,019
Operating Income	885	1,970	1,733
Interest Income	257	434	354
Interest Expense	-246	-320	-579
Other Non-Operating Income (Expense)	19	7	-39
Total Non-Operating Income (Expense)	30	121	-264
Pretax Income	915	2,091	1,469
Provision for Income Taxes	277	380	820
Net Income	651	1,277	665
Minority Interest in Earnings	9	7	14
Earnings From Discontinued Operations	22	-427	30
Net Income to Common	651	1,277	665
Net Income Growth	-49.02%	92.03%	-
Shares Outstanding (Basic)	5,416	5,476	5,549
Shares Outstanding (Diluted)	5,503	5,531	5,586
Shares Change (YoY)	-0.50%	-0.99%	-
EPS (Basic)	0.12	0.23	0.12
EPS (Diluted)	0.12	0.23	0.12
EPS Growth	-47.83%	91.67%	-
Free Cash Flow	1,465	2,021	665
Free Cash Flow Growth	-27.51%	203.91%	-
Free Cash Flow Per Share	0.27	0.37	0.12
Dividends Per Share	0.140	0.140	0.130
Dividend Growth	-	7.69%	-
Gross Margin	43.54%	46.12%	40.43%
Operating Margin	4.45%	10.25%	8.20%
Profit Margin	3.21%	8.90%	3.07%
FCF Margin	7.37%	10.52%	3.15%
EBITDA	2,004	2,984	2,820
EBITDA Margin	10.08%	15.53%	13.34%
EBIT	885	1,970	1,733
EBIT Margin	4.45%	10.25%	8.20%
Effective Tax Rate	30.27%	18.17%	55.82%

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q