Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
9.14
+0.05 (0.55%)
At close: Jul 31, 2026, 4:00 PM EDT
9.07
-0.07 (-0.77%)
After-hours: Jul 31, 2026, 7:59 PM EDT

Nokia Oyj Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
20,26519,88919,22021,13823,76122,202
Revenue Growth
5.87%3.48%-9.07%-11.04%7.02%1.60%
Gross Profit
8,9978,6598,8648,54610,1018,834
Operating Income
7918851,9701,7332,2992,158
Net Income
26511,2776654,2501,623
Earnings Per Share
0.130.120.230.120.740.29
EPS Growth
-31.58%-47.83%91.67%-83.78%155.17%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '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)
20,26519,88919,22021,13823,76122,202

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4,8326,4238,2847,7998,5479,268
Total Debt
3,3594,4134,7505,1885,5195,662
Net Cash (Debt)
1,4732,0103,5342,6113,0283,606
Net Cash Growth
1.45%-43.12%35.35%-13.77%-16.03%128.95%
Net Cash Per Share
0.260.370.640.470.530.63

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,1332,0712,4931,3171,4742,625
Capital Expenditures
-315----601-560
Free Cash Flow
8182,0712,4931,3178732,065
Free Cash Flow Growth
-53.81%-16.93%89.29%50.86%-57.72%61.33%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
44.40%43.54%46.12%40.43%42.51%39.79%
Operating Margin
3.90%4.45%10.25%8.20%9.68%9.72%
Pretax Margin
5.33%4.60%10.88%6.95%9.13%8.67%
Profit Margin
3.03%3.21%8.90%3.07%17.68%7.45%
FCF Margin
4.04%10.41%12.97%6.23%3.67%9.30%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
5.47%0%7.69%8.33%50.00%-
Dividend Yield
1.19%2.54%3.10%3.62%1.45%0.03%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
63.3645.9518.5125.785.8518.86
P/FCF Ratio
83.0414.869.1812.9827.6814.93
PS Ratio
2.201.551.190.811.021.39