NOK
Nokia Oyj
Stock
$10.60+0.23 (+2.22%)Close Oct 2, 2026
Income statement
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €19.9B | €19.2B | €21.1B | €23.8B | €22.2B | €21.9B | €23.3B | €22.6B | €23.1B | €23.6B | €12.6B |
| Cost of revenue | €11.2B | €10.4B | €12.6B | €13.7B | €13.4B | €13.7B | €15.1B | €14.3B | €14.0B | €15.1B | €7.0B |
| Gross profit | €8.7B | €8.9B | €8.5B | €10.1B | €8.8B | €8.2B | €8.3B | €8.3B | €9.1B | €8.5B | €5.6B |
| R&D | €4.9B | €4.5B | €4.3B | €4.5B | €4.2B | €4.1B | €4.5B | €4.8B | €4.9B | €5.0B | €2.1B |
| SG&A | €3.1B | €2.9B | €2.9B | €3.0B | €2.8B | €2.9B | €3.2B | €3.5B | €3.6B | €3.8B | €1.8B |
| Other operating expenses | — | — | — | €343M | — | €323M | €28M | €45M | €592M | €860M | €48M |
| Operating income | €885M | €2.0B | €1.7B | €2.3B | €2.2B | €885M | €485M | −€59M | €16M | −€1.1B | €1.7B |
| Non-operating income | €30M | €121M | −€264M | −€130M | −€232M | −€142M | −€329M | −€301M | −€526M | −€269M | −€157M |
| Pretax income | €915M | €2.1B | €1.5B | €2.2B | €1.9B | €743M | €156M | −€360M | −€510M | −€1.4B | €1.5B |
| Taxes | €264M | €814M | €804M | −€2.1B | €303M | €3.3B | €149M | −€20M | €984M | −€603M | −€926M |
| Net income | €651M | €1.3B | €665M | €4.3B | €1.6B | −€2.5B | €7.0M | −€340M | −€1.5B | −€766M | €2.5B |
| Diluted EPS | €0.12 | €0.23 | €0.12 | €0.75 | €0.29 | −€0.45 | €0.00 | −€0.06 | −€0.26 | −€0.13 | €0.63 |
| Diluted shares | 5.50B | 5.53B | 5.59B | 5.67B | 5.68B | 5.64B | 5.63B | 5.61B | 5.65B | 5.74B | 3.95B |
| Revenue growth | +3.5% | −9.1% | −11.0% | +7.0% | +1.6% | −6.3% | +3.3% | −2.5% | −2.1% | +88.2% | — |
| Gross margin | 43.5% | 46.1% | 40.4% | 42.5% | 39.8% | 37.5% | 35.4% | 36.8% | 39.5% | 36.1% | 44.6% |
| Operating margin | 4.4% | 10.2% | 8.2% | 9.7% | 9.7% | 4.0% | 2.1% | −0.3% | 0.1% | −4.7% | 13.5% |
| Net margin | 3.3% | 6.6% | 3.1% | 17.9% | 7.3% | −11.5% | 0.0% | −1.5% | −6.5% | −3.2% | 19.6% |