Nokia revenue and financials
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In the fiscal year ended December 2025, Nokia reported revenue of €19.89B (+3.48% year over year). Net income was €651M, a net margin of 3.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.48%
- 2025 vs 2024
- Net income growth
- −49.02%
- 2025 vs 2024
- Net margin
- 3.3%
- 2024: 6.6%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Total revenue | 4,815 | 4,497 | 6,125 | 4,828 | 4,443 | — |
| Cost of revenue | 2,669 | 2,509 | 3,371 | 2,718 | 2,489 | — |
| Gross profit | 2,146 | 1,988 | 2,754 | 2,110 | 1,954 | — |
| Selling, general and administrative | 817 | 664 | 880 | 729 | 721 | — |
| Research and development | 1,383 | 1,239 | 1,376 | 1,174 | 1,143 | — |
| Operating income | -50.0 | 63.0 | 437 | 239 | 148 | — |
| EBIT | -50.0 | 63.0 | 789 | 239 | 148 | — |
| EBITDA | 161 | 272 | 1,073 | 525 | 433 | — |
| Pre-tax income | 73.0 | 180 | 599 | 229 | 142 | — |
| Income tax | 47.0 | 93.0 | 64.0 | 150 | 43.0 | — |
| Net income | 2.0 | 86.0 | 542 | 78.0 | 90.0 | — |
| Net income to common shareholders | 2.0 | 86.0 | 542 | 78.0 | 90.0 | — |
| Basic EPS | 0.00 | 0.02 | 0.10 | 0.01 | 0.02 | — |
| Diluted EPS | 0.00 | 0.02 | 0.10 | 0.01 | 0.02 | — |
| Average shares (basic) | 5,597 | 5,590 | 5,504 | 5,401 | 5,378 | — |
| Average shares (diluted) | 5,802 | 5,723 | 5,616 | 5,489 | 5,492 | — |