Also trades as: NOKIA.HE (HEL) · $vol 201M · NOKIA-SEK.ST (STO) · $vol 14M · NOKBF (OTC) · $vol 11M · NOA3.DE (XETRA) · $vol 10M · NOKIA.PA (PAR) · $vol 3M

$10.60

+0.23 (+2.22%)

Weekly Expected Move ±9.2%

$9 $10 $11 $12 $13

NYSE · Technology · Communication Equipment · Tech Score Buy · Power 62 · $57.2B mcap · 5.70B float · 1.65% daily turnover · Short 37% of daily vol

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$19.1B -0.6% ▼

5Y CAGR: -2.7%

Gross Profit

$8.0B -9.3% ▼

5Y CAGR: -0.4%

Operating Income

$1.6B -20.9% ▼

5Y CAGR: +12.3%

Net Income

$604M -52.7% ▼

EPS (Diluted)

$0.11 -52.2% ▼

EBITDA

$1.9B -43.6% ▼

5Y CAGR: +0.1%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$22.2B	$24.9B	$21.1B	$19.2B	$19.1B
YoY Growth	+1.6%	+12.2%	-15.1%	-9.1%	-0.6%
Cost of Revenue	$13.4B	$14.7B	$12.4B	$10.4B	$11.1B
Gross Profit	$8.8B	$10.2B	$8.7B	$8.9B	$8.0B
Gross Margin	39.8%	41.0%	41.1%	46.1%	42.1%
R&D Expenses	$4.2B	$4.5B	$4.3B	$4.5B	$4.4B
SG&A Expenses	$2.8B	$3.0B	$2.6B	$2.9B	$1.7B
Operating Expenses	$6.7B	$7.9B	$7.0B	$6.9B	$6.5B
Operating Income	$2.2B	$2.3B	$1.7B	$2.0B	$1.6B
Operating Margin	9.7%	9.3%	7.9%	10.4%	8.3%
Interest Expense	$281M	$270M	$304M	$360M	$0
Income Before Tax	$1.9B	$2.2B	$1.5B	$2.1B	$879M
Tax Expense	$272M	-$2.0B	$820M	$380M	$266M
Net Income	$1.6B	$4.2B	$665M	$1.3B	$604M
Net Margin	7.3%	17.1%	3.1%	6.6%	3.2%
EPS (Diluted)	$0.29	$0.75	$0.12	$0.23	$0.11
EBITDA	$2.7B	$3.5B	$2.9B	$3.4B	$1.9B
Shares Outstanding	5.68B	5.67B	5.59B	5.53B	5.50B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$4.8B	$6.4B	$4.4B	$4.5B	$4.8B	$6.1B	$4.5B	$4.8B
Cost of Revenue	$2.7B	$3.5B	$2.5B	$2.6B	$2.7B	$3.4B	$2.5B	$2.7B
Gross Profit	$2.1B	$2.9B	$1.9B	$2.0B	$2.1B	$2.8B	$2.0B	$2.1B
Gross Margin	43.5%	45.9%	42.3%	43.4%	43.7%	45.0%	44.2%	44.6%
R&D Expenses	$1.2B	$1.2B	$1.1B	$1.2B	$1.2B	$1.4B	$1.2B	$1.4B
SG&A Expenses	$591M	$681M	$0	$744M	$729M	$880M	$664M	$817M
Operating Expenses	$1.8B	$1.9B	$1.9B	$1.9B	$1.9B	$2.3B	$1.9B	$2.2B
Operating Income	$305M	$1.0B	-$48M	$81M	$239M	$437M	$63M	-$50M
Operating Margin	6.4%	16.3%	-1.1%	1.8%	5.0%	7.1%	1.4%	-1.0%
Interest Expense	$0	$0	$0	$0	$7M	-$7M	$0	$0
Income Before Tax	$241M	$1.0B	-$36M	$123M	$229M	$599M	$180M	$73M
Tax Expense	$82M	$215M	$23M	$40M	$150M	$64M	$93M	$46M
Net Income	$186M	$845M	-$59M	$90M	$78M	$542M	$86M	$2M
Net Margin	3.9%	13.2%	-1.3%	2.0%	1.6%	8.8%	1.9%	0.0%
EPS (Diluted)	$0.03	$0.14	$-0.01	$0.02	$0.01	$0.09	$0.02	$0.00
EBITDA	$534M	$1.3B	$323M	$365M	$525M	$1.1B	$389M	$161M
Shares Outstanding	5.53B	5.53B	5.38B	5.49B	5.49B	5.50B	5.72B	5.80B

NOK NYSE