Investment Visual

NOK

Nokia Oyj

Stock

$10.60+0.23 (+2.22%)Close Oct 2, 2026

Capital expenditures, 2025: €606M
YoY, 2025: +28.4%
5-year CAGR: +4.8%
10-year CAGR: +6.8%

Capital expenditures

Capital expenditures by fiscal year

Period	Ended	Capex	YoY	Filing
2025	Dec 31, 2025	€606M	+28.4%	20-F, Mar 5, 2026
2024	Dec 31, 2024	€472M	−27.6%	20-F, Mar 13, 2025
2023	Dec 31, 2023	€652M	+8.5%	20-F, Feb 29, 2024
2022	Dec 31, 2022	€601M	+7.3%	20-F, Mar 2, 2023
2021	Dec 31, 2021	€560M	+16.9%	20-F, Mar 3, 2022
2020	Dec 31, 2020	€479M	−30.6%	20-F, Mar 4, 2021
2019	Dec 31, 2019	€690M	+2.7%	20-F, Mar 5, 2020
2018	Dec 31, 2018	€672M	+11.8%	20-F, Mar 21, 2019
2017	Dec 31, 2017	€601M	+26.0%	20-F, Mar 22, 2018
2016	Dec 31, 2016	€477M	+51.9%	20-F, Mar 22, 2018
2015	Dec 31, 2015	€314M	—	20-F, Mar 22, 2018