Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
8.56
-0.75 (-8.06%)
At close: Oct 30, 2026, 4:00 PM EDT
8.54
-0.02 (-0.23%)
After-hours: Oct 30, 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 | Q3 2026 | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | 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 |
| 5,154 | 4,815 | 4,433 | 6,125 | 4,700 | 4,443 | 4,300 | 5,984 | 4,326 | 4,466 | 4,444 | 5,416 | 4,709 | 5,438 | 5,575 | 7,449 | 6,241 | 5,873 | 5,348 | 6,414 | |
Revenue Growth (YoY) | 9.66% | 8.37% | 3.09% | 2.36% | 8.64% | -0.52% | -3.24% | 10.49% | -8.13% | -17.87% | -20.29% | -27.29% | -24.55% | -7.41% | 4.25% | 16.14% | 15.60% | 10.54% | 5.36% | -2.12% |
Cost of Revenue | 2,858 | 2,601 | 2,396 | 3,369 | 2,597 | 2,432 | 2,460 | 3,158 | 2,334 | 2,468 | 2,198 | 2,993 | 2,789 | 3,253 | 3,403 | 4,229 | 3,719 | 3,486 | 3,172 | 3,932 |
Gross Profit | 2,296 | 2,214 | 2,037 | 2,756 | 2,103 | 2,011 | 1,840 | 2,826 | 1,992 | 1,998 | 2,246 | 2,423 | 1,920 | 2,185 | 2,172 | 3,220 | 2,522 | 2,387 | 2,176 | 2,482 |
Selling, General & Admin | 600 | 612 | 604 | 609 | 679 | 680 | 649 | 553 | 661 | 684 | 656 | 501 | 666 | 679 | 706 | 728 | 764 | 711 | 666 | 721 |
Research & Development | 1,132 | 1,223 | 1,158 | 1,299 | 1,129 | 1,133 | 1,105 | 1,135 | 1,033 | 1,069 | 1,081 | 1,061 | 1,035 | 1,027 | 1,093 | 1,211 | 1,153 | 1,083 | 1,067 | 1,118 |
Other Operating Expenses | 7 | -3 | 9 | 50 | -32 | -47 | -23 | 100 | -127 | -94 | -14 | 99 | -114 | -56 | -13 | 204 | 52 | -21 | -38 | 229 |
Operating Expenses | 1,739 | 1,832 | 1,771 | 1,958 | 1,776 | 1,766 | 1,731 | 1,788 | 1,567 | 1,659 | 1,723 | 1,661 | 1,587 | 1,650 | 1,786 | 2,143 | 1,969 | 1,773 | 1,695 | 2,068 |
Operating Income | 557 | 382 | 266 | 798 | 327 | 245 | 109 | 1,038 | 425 | 339 | 523 | 762 | 333 | 535 | 386 | 1,077 | 553 | 614 | 481 | 414 |
Interest Expense | - | - | - | -175 | -18 | - | - | -326 | -11 | - | - | -254 | -38 | -51 | -13 | -183 | - | -28 | -40 | -68 |
Interest & Investment Income | 51 | - | - | 151 | - | - | - | 233 | - | 19 | 47 | 220 | - | - | - | 82 | 29 | - | - | 49 |
Earnings From Equity Investments | 9 | 2 | 1 | 4 | 5 | 8 | 1 | 2 | 2 | 3 | 1 | 4 | -25 | -13 | -6 | 26 | -20 | -6 | -26 | 20 |
Currency Exchange Gain (Loss) | - | - | - | 83 | - | - | - | 39 | - | - | - | -98 | - | - | - | -67 | -20 | - | - | -15 |
Other Non Operating Income (Expenses) | 2 | 122 | 125 | -56 | - | -19 | -6 | -2 | -3 | -10 | 10 | -12 | 1 | 8 | -10 | -60 | 4 | 11 | -32 | -15 |
EBT Excluding Unusual Items | 619 | 506 | 392 | 805 | 314 | 234 | 104 | 984 | 413 | 351 | 581 | 622 | 271 | 479 | 357 | 875 | 546 | 591 | 383 | 385 |
Merger & Restructuring Charges | -359 | -403 | -182 | -203 | -75 | -94 | -106 | -121 | -71 | -149 | -104 | -177 | -95 | -60 | 7 | -76 | -17 | -50 | -29 | -47 |
Gain (Loss) on Sale of Investments | - | - | - | -66 | - | 5 | -8 | 5 | -49 | 186 | - | -56 | - | - | - | -45 | - | - | - | 188 |
Gain (Loss) on Sale of Assets | - | 1 | -1 | 22 | 2 | -2 | - | 81 | - | 84 | - | 158 | -1 | -15 | 26 | 7 | - | - | - | 43 |
Asset Writedown | -3 | -30 | - | 4 | - | -1 | -1 | -1 | -58 | -11 | -14 | - | - | -2 | 2 | 13 | -19 | - | 6 | 33 |
Legal Settlements | - | - | -8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10 |
Other Unusual Items | - | - | - | 38 | - | - | - | - | -17 | - | - | -48 | - | - | - | 104 | - | - | -104 | 80 |
Pretax Income | 257 | 74 | 201 | 600 | 241 | 142 | -11 | 948 | 218 | 461 | 463 | 499 | 175 | 402 | 392 | 878 | 510 | 541 | 256 | 692 |
Income Tax Expense | 80 | 47 | 97 | 64 | 152 | 43 | 29 | 202 | 74 | 92 | 12 | 551 | 45 | 115 | 109 | -2,271 | 93 | 74 | 79 | 11 |
Earnings From Continuing Operations | 177 | 27 | 104 | 536 | 89 | 99 | -40 | 746 | 144 | 369 | 451 | -52 | 130 | 287 | 283 | 3,149 | 417 | 467 | 177 | 681 |
Earnings From Discontinued Operations | -21 | -22 | -17 | 9 | -10 | -3 | -20 | 67 | 31 | -512 | -13 | 19 | 3 | 2 | 6 | 3 | 11 | -7 | 42 | -1 |
Net Income to Company | 156 | 5 | 87 | 545 | 79 | 96 | -60 | 813 | 175 | -143 | 438 | -33 | 133 | 289 | 289 | 3,152 | 428 | 460 | 219 | 680 |
Minority Interest in Earnings | -4 | -3 | -1 | -3 | -1 | -6 | 1 | 7 | -6 | -3 | -4 | -10 | 6 | 1 | -10 | 2 | -1 | -3 | -7 | -4 |
Net Income | 152 | 2 | 86 | 542 | 78 | 90 | -59 | 820 | 169 | -146 | 434 | -43 | 139 | 290 | 279 | 3,154 | 427 | 457 | 212 | 676 |
Net Income to Common | 152 | 2 | 86 | 542 | 78 | 90 | -59 | 820 | 169 | -146 | 434 | -43 | 139 | 290 | 279 | 3,154 | 427 | 457 | 212 | 676 |
Net Income Growth (YoY) | 94.87% | -97.78% | - | -33.90% | -53.85% | - | - | - | 21.58% | - | 55.56% | - | -67.45% | -36.54% | 31.60% | 366.57% | 24.85% | 32.85% | -18.77% | - |
Shares Outstanding (Basic) | 5,641 | 5,597 | 5,590 | 5,504 | 5,401 | 5,378 | 5,380 | 5,405 | 5,464 | 5,510 | 5,526 | 5,524 | 5,538 | 5,559 | 5,578 | 5,590 | 5,607 | 5,625 | 5,635 | 5,635 |
Shares Outstanding (Diluted) | 5,745 | 5,802 | 5,733 | 5,616 | 5,489 | 5,492 | 5,380 | 5,479 | 5,532 | 5,562 | 5,564 | 5,524 | 5,597 | 5,616 | 5,631 | 5,651 | 5,668 | 5,678 | 5,706 | 5,713 |
Shares Change (YoY) | 4.68% | 5.65% | 6.57% | 2.50% | -0.79% | -1.27% | -3.31% | -0.81% | -1.16% | -0.96% | -1.19% | -2.25% | -1.24% | -1.08% | -1.32% | -1.08% | -0.42% | 0.21% | 1.00% | 1.70% |
EPS (Basic) | 0.03 | 0.00 | 0.02 | 0.10 | 0.01 | 0.02 | -0.01 | 0.15 | 0.03 | -0.03 | 0.08 | -0.01 | 0.03 | 0.05 | 0.05 | 0.56 | 0.08 | 0.08 | 0.04 | 0.12 |
EPS (Diluted) | 0.03 | 0.00 | 0.01 | 0.09 | 0.01 | 0.02 | -0.01 | 0.15 | 0.03 | -0.03 | 0.08 | -0.01 | 0.02 | 0.05 | 0.05 | 0.56 | 0.07 | 0.08 | 0.04 | 0.12 |
EPS Growth (YoY) | 222.13% | -97.94% | - | -40.78% | -73.56% | - | - | - | 50.62% | - | 55.27% | - | -71.45% | -36.07% | 33.88% | 370.01% | 19.55% | 30.89% | -19.50% | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -99 | -749 | 628 | 227 | 429 | 88 | 721 | 50 | 621 | 394 | 955 | 1,721 | -447 | -460 | -149 | 372 | 275 | -144 | 370 | 327 |
Free Cash Flow Per Share | -0.02 | -0.13 | 0.11 | 0.04 | 0.08 | 0.02 | 0.13 | 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 |
Dividend Per Share | - | - | - | 0.140 | - | - | - | 0.140 | - | - | - | 0.130 | - | - | - | 0.120 | - | - | - | 0.080 |
Dividend Growth (YoY) | - | - | - | 0% | - | - | - | 7.69% | - | - | - | 8.33% | - | - | - | 50.00% | - | - | - | - |
Gross Margin | 44.55% | 45.98% | 45.95% | 45.00% | 44.75% | 45.26% | 42.79% | 47.23% | 46.05% | 44.74% | 50.54% | 44.74% | 40.77% | 40.18% | 38.96% | 43.23% | 40.41% | 40.64% | 40.69% | 38.70% |
Operating Margin | 10.81% | 7.93% | 6.00% | 13.03% | 6.96% | 5.51% | 2.54% | 17.35% | 9.82% | 7.59% | 11.77% | 14.07% | 7.07% | 9.84% | 6.92% | 14.46% | 8.86% | 10.46% | 8.99% | 6.46% |
Profit Margin | 2.95% | 0.04% | 1.94% | 8.85% | 1.66% | 2.03% | -1.37% | 13.70% | 3.91% | -3.27% | 9.77% | -0.79% | 2.95% | 5.33% | 5.00% | 42.34% | 6.84% | 7.78% | 3.96% | 10.54% |
Free Cash Flow Margin | -1.92% | -15.56% | 14.17% | 3.71% | 9.13% | 1.98% | 16.77% | 0.84% | 14.36% | 8.82% | 21.49% | 31.78% | -9.49% | -8.46% | -2.67% | 4.99% | 4.41% | -2.45% | 6.92% | 5.10% |
EBITDA | 762 | 593 | 475 | 867 | 613 | 530 | 373 | 1,060 | 665 | 607 | 784 | 828 | 600 | 807 | 652 | 1,148 | 840 | 896 | 755 | 477 |
EBITDA Margin | 14.79% | 12.32% | 10.71% | 14.16% | 13.04% | 11.93% | 8.67% | 17.71% | 15.37% | 13.59% | 17.64% | 15.29% | 12.74% | 14.84% | 11.70% | 15.41% | 13.46% | 15.26% | 14.12% | 7.44% |
D&A For EBITDA | 205 | 211 | 209 | 69 | 286 | 285 | 264 | 22 | 240 | 268 | 261 | 66 | 267 | 272 | 266 | 71 | 287 | 282 | 274 | 63 |
EBIT | 557 | 382 | 266 | 798 | 327 | 245 | 109 | 1,038 | 425 | 339 | 523 | 762 | 333 | 535 | 386 | 1,077 | 553 | 614 | 481 | 414 |
EBIT Margin | 10.81% | 7.93% | 6.00% | 13.03% | 6.96% | 5.51% | 2.54% | 17.35% | 9.82% | 7.59% | 11.77% | 14.07% | 7.07% | 9.84% | 6.92% | 14.46% | 8.86% | 10.46% | 8.99% | 6.46% |
Effective Tax Rate | 31.13% | 63.51% | 48.26% | 10.67% | 63.07% | 30.28% | - | 21.31% | 33.95% | 19.96% | 2.59% | 110.42% | 25.71% | 28.61% | 27.81% | - | 18.23% | 13.68% | 30.86% | 1.59% |