Nokia

NOKIA · Nasdaq Helsinki · EUR

€9.41+2.37%+€0.22

Close · October 2, 2026

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.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	4,815	4,433	6,125	4,828	4,443	4,300	5,984	4,326	4,466	4,444	5,416	4,709
Cost of revenue	2,601	2,396	3,369	2,681	2,432	2,460	3,158	2,334	2,468	2,198	2,993	2,789
Gross profit	2,214	2,037	2,756	2,147	2,011	1,840	2,826	1,992	1,998	2,246	2,423	1,920
Selling, general and administrative	612	604	609	698	680	649	553	661	684	656	501	666
Research and development	1,223	1,158	1,299	1,147	1,133	1,105	1,135	1,033	1,069	1,081	1,061	1,035
Operating income	382	266	798	335	245	109	1,038	425	339	523	762	333
EBIT	382	266	798	335	245	109	1,038	425	339	523	762	333
EBITDA	593	475	867	621	530	373	1,060	665	607	784	828	600
Interest expense	—	—	175	18.0	—	—	326	11.0	—	—	254	38.0
Pre-tax income	74.0	201	600	229	142	-11.0	948	218	461	463	499	175
Income tax	47.0	97.0	64.0	150	43.0	29.0	202	74.0	92.0	12.0	551	45.0
Net income	2.0	86.0	542	78.0	90.0	-59.0	820	169	-146	434	-43.0	139
Net income to common shareholders	2.0	86.0	542	78.0	90.0	-59.0	820	169	-146	434	-43.0	139
Basic EPS	0.00	0.02	0.10	0.01	0.02	-0.01	0.15	0.03	-0.03	0.08	-0.01	0.03
Diluted EPS	0.00	0.01	0.09	0.01	0.02	-0.01	0.15	0.03	-0.03	0.08	-0.01	0.02
Average shares (basic)	5,597	5,590	5,504	5,401	5,378	5,380	5,405	5,464	5,510	5,526	5,524	5,538
Average shares (diluted)	5,802	5,733	5,616	5,489	5,492	5,380	5,479	5,532	5,562	5,564	5,524	5,597
Dividend per share	—	—	0.14	—	—	—	0.14	—	—	—	0.13	—