Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
12.07
-0.84 (-6.51%)
At close: Jul 2, 2026, 4:00 PM EDT
12.05
-0.02 (-0.17%)
After-hours: Jul 2, 2026, 7:59 PM EDT
Nokia Oyj Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 4,497 | 6,125 | 4,828 | 4,546 | 4,390 | 5,983 | 4,326 | 4,466 | 4,444 | 5,416 | 4,709 | 5,438 | 5,859 | 7,449 | 6,241 | 5,873 | 5,348 | 6,414 | 5,399 | 5,313 | |
Revenue Growth (YoY) | 2.44% | 2.37% | 11.60% | 1.79% | -1.21% | 10.47% | -8.13% | -17.87% | -24.15% | -27.29% | -24.55% | -7.41% | 9.55% | 16.14% | 15.60% | 10.54% | 5.36% | -2.12% | 1.98% | 4.34% |
Cost of Revenue | 2,509 | 3,371 | 2,718 | 2,575 | 2,566 | 3,223 | 2,369 | 2,530 | 2,233 | 3,071 | 2,817 | 3,290 | 3,664 | 4,262 | 3,736 | 3,512 | 3,179 | 3,880 | 3,203 | 3,133 |
Gross Profit | 1,988 | 2,753 | 2,110 | 1,971 | 1,824 | 2,761 | 1,957 | 1,936 | 2,210 | 2,345 | 1,892 | 2,148 | 2,196 | 3,187 | 2,505 | 2,361 | 2,169 | 2,534 | 2,196 | 2,179 |
Selling, General & Admin | 664 | 880 | 729 | 744 | 723 | 784 | 688 | 715 | 693 | 774 | 697 | 690 | 729 | 838 | 771 | 728 | 675 | 758 | 674 | 712 |
Research & Development | 1,239 | 1,375 | 1,174 | 1,161 | 1,145 | 1,136 | 1,116 | 1,134 | 1,125 | 1,080 | 1,067 | 1,034 | 1,108 | 1,222 | 1,165 | 1,091 | 1,072 | 1,118 | 1,036 | 1,063 |
Other Operating Expenses | 22 | -43 | -32 | -14 | -23 | -21 | -126 | -345 | -12 | -43 | -109 | -45 | -68 | 244 | 52 | -22 | 68 | -82 | -16 | -80 |
Total Operating Expenses | 1,925 | 2,212 | 1,871 | 1,891 | 1,845 | 1,899 | 1,678 | 1,504 | 1,806 | 1,811 | 1,655 | 1,679 | 1,769 | 2,304 | 1,988 | 1,797 | 1,815 | 1,794 | 1,694 | 1,695 |
Operating Income | 62 | 540 | 239 | 81 | -21 | 861 | 278 | 432 | 405 | 534 | 237 | 469 | 426 | 882 | 518 | 564 | 354 | 740 | 502 | 484 |
Interest Income | - | 5 | 5 | 8 | 1 | 2 | 2 | 3 | 1 | 4 | -25 | -13 | -6 | 26 | -20 | -6 | -26 | 21 | -7 | 0 |
Other Non-Operating Income (Expense) | 118 | 55 | -15 | 34 | -16 | 85 | -60 | 27 | 57 | -39 | -38 | -54 | -19 | -30 | 12 | -18 | -72 | -68 | -50 | -68 |
Total Non-Operating Income (Expense) | 118 | 60 | -10 | 42 | -15 | 87 | -58 | 30 | 58 | -35 | -63 | -67 | -25 | -4 | -8 | -24 | -98 | -47 | -57 | -68 |
Pretax Income | 180 | 599 | 229 | 123 | -36 | 948 | 219 | 461 | 463 | 499 | 175 | 402 | 401 | 878 | 509 | 541 | 256 | 693 | 446 | 416 |
Provision for Income Taxes | 93 | 65 | 150 | 40 | 23 | 202 | 74 | 92 | 12 | 550 | 45 | 115 | 111 | -2,272 | 93 | 74 | 79 | 11 | 95 | 66 |
Net Income | 87 | 534 | 80 | 83 | -60 | 746 | 145 | 370 | 451 | -51 | 130 | 287 | 290 | 3,150 | 417 | 467 | 177 | 682 | 350 | 350 |
Minority Interest in Earnings | 1 | 2 | 1 | 6 | - | -8 | 6 | 3 | 4 | 11 | -6 | -1 | 10 | -2 | 1 | 3 | 7 | 4 | 9 | 7 |
Earnings From Discontinued Operations | - | 10 | - | 13 | - | 67 | 31 | -512 | -13 | 18 | 3 | 2 | -1 | 2 | 11 | -7 | 42 | -1 | 1 | 1 |
Net Income to Common | 86 | 544 | 80 | 96 | -60 | 813 | 175 | -142 | 438 | -33 | 133 | 289 | 289 | 3,152 | 428 | 460 | 219 | 680 | 351 | 351 |
Net Income Growth | - | -33.09% | -54.29% | - | - | - | 31.58% | - | 51.56% | - | -68.92% | -37.17% | 31.96% | 363.53% | 21.94% | 31.05% | -16.73% | - | 78.17% | 254.55% |
Shares Outstanding (Basic) | 5,590 | 5,504 | 8,000 | 4,800 | 5,380 | 5,405 | 5,434 | 5,518 | 5,518 | 5,531 | 5,531 | 5,568 | 5,568 | 5,629 | 5,350 | 5,750 | 5,630 | 5,667 | 5,632 | 5,850 |
Shares Outstanding (Diluted) | 5,723 | 5,616 | 8,000 | 4,800 | 5,380 | 5,479 | 5,498 | 5,564 | 5,564 | 5,548 | 5,548 | 5,624 | 5,624 | 5,629 | 5,350 | 5,750 | 5,677 | 5,667 | 5,691 | 5,850 |
Shares Change (YoY) | 6.38% | 2.50% | 45.52% | -13.72% | -3.31% | -1.24% | -0.91% | -1.07% | -1.07% | -1.43% | 3.71% | -2.20% | -0.94% | -0.67% | -6.00% | -1.71% | 0.07% | 0.07% | 1.04% | 3.88% |
EPS (Basic) | 0.02 | 0.10 | 0.01 | 0.02 | -0.01 | 0.15 | 0.03 | -0.03 | 0.08 | -0.01 | 0.02 | 0.05 | 0.05 | 0.56 | 0.08 | 0.08 | 0.04 | 0.12 | 0.06 | 0.06 |
EPS (Diluted) | 0.02 | 0.10 | 0.01 | 0.02 | -0.01 | 0.15 | 0.03 | -0.03 | 0.08 | -0.01 | 0.02 | 0.05 | 0.05 | 0.56 | 0.08 | 0.08 | 0.04 | 0.12 | 0.06 | 0.06 |
EPS Growth | - | -33.33% | -66.67% | - | - | - | 50.00% | - | 60.00% | - | -75.00% | -37.50% | 25.00% | 366.67% | 33.33% | 33.33% | -20.00% | - | 100.00% | 200.00% |
Free Cash Flow | 783 | 226 | 429 | 88 | 890 | 51 | 621 | 394 | 955 | 1,721 | -447 | -460 | -149 | 372 | 275 | -144 | 370 | 326 | 600 | -7 |
Free Cash Flow Growth | -12.02% | 343.14% | -30.92% | -77.66% | -6.81% | -97.04% | - | - | - | 362.63% | - | - | - | 14.11% | -54.17% | - | -67.69% | -55.95% | 89.87% | - |
Free Cash Flow Per Share | 0.14 | 0.04 | 0.05 | 0.02 | 0.17 | 0.01 | 0.11 | 0.07 | 0.17 | 0.31 | -0.08 | -0.08 | -0.03 | 0.07 | 0.05 | -0.03 | 0.07 | 0.06 | 0.11 | -0.00 |
Dividends Per Share | - | 0.140 | - | - | - | 0.140 | - | - | - | 0.130 | - | - | - | 0.120 | - | - | - | 0.080 | - | - |
Dividend Growth | - | - | - | - | - | 7.69% | - | - | - | 8.33% | - | - | - | 50.00% | - | - | - | - | - | - |
Gross Margin | 44.21% | 44.95% | 43.70% | 43.36% | 41.55% | 46.15% | 45.24% | 43.35% | 49.73% | 43.30% | 40.18% | 39.50% | 37.48% | 42.78% | 40.14% | 40.20% | 40.56% | 39.51% | 40.67% | 41.01% |
Operating Margin | 1.38% | 8.82% | 4.95% | 1.78% | -0.48% | 14.39% | 6.43% | 9.67% | 9.11% | 9.86% | 5.03% | 8.62% | 7.27% | 11.84% | 8.30% | 9.60% | 6.62% | 11.54% | 9.30% | 9.11% |
Profit Margin | 1.93% | 8.72% | 1.66% | 1.83% | -1.37% | 12.47% | 3.35% | 8.28% | 10.15% | -0.94% | 2.76% | 5.28% | 4.95% | 42.29% | 6.68% | 7.95% | 3.31% | 10.63% | 6.48% | 6.59% |
FCF Margin | 17.41% | 3.69% | 8.89% | 1.94% | 20.27% | 0.85% | 14.36% | 8.82% | 21.49% | 31.78% | -9.49% | -8.46% | -2.54% | 4.99% | 4.41% | -2.45% | 6.92% | 5.08% | 11.11% | -0.13% |
EBITDA | 271 | 824 | 525 | 366 | 243 | 1,105 | 518 | 700 | 666 | 816 | 504 | 741 | 692 | 1,179 | 805 | 846 | 628 | 1,017 | 776 | 757 |
EBITDA Margin | 6.03% | 13.45% | 10.87% | 8.05% | 5.54% | 18.47% | 11.97% | 15.67% | 14.99% | 15.07% | 10.70% | 13.63% | 11.81% | 15.83% | 12.90% | 14.40% | 11.74% | 15.86% | 14.37% | 14.25% |
EBIT | 62 | 540 | 239 | 81 | -21 | 861 | 278 | 432 | 405 | 534 | 237 | 469 | 426 | 882 | 518 | 564 | 354 | 740 | 502 | 484 |
EBIT Margin | 1.38% | 8.82% | 4.95% | 1.78% | -0.48% | 14.39% | 6.43% | 9.67% | 9.11% | 9.86% | 5.03% | 8.62% | 7.27% | 11.84% | 8.30% | 9.60% | 6.62% | 11.54% | 9.30% | 9.11% |
Effective Tax Rate | 51.67% | 10.85% | 65.50% | 32.52% | -63.89% | 21.31% | 33.79% | 19.96% | 2.59% | 110.22% | 25.71% | 28.61% | 27.68% | -258.77% | 18.27% | 13.68% | 30.86% | 1.59% | 21.30% | 15.87% |