NOKNYSERadio & Tv Broadcasting & Communications EquipmentFiscal year ends December 31Also trades as NOKBF
NOKIA CORP
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 5, 2026
$9.08−0.06 (-0.66%)
Close on Oct 19, 2026
NOKIA CORP revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reportable segments | €19.92B | €19.23B | €21.15B | – | – | – | – | – | – | – | 100.1% | +3.6% |
| Network Infrastructure | €7.98B | €6.52B | €6.92B | €7.89B | €7.67B | – | – | – | – | – | 40.1% | +22.4% |
| Mobile Networks | €7.80B | €8.15B | €10.28B | €10.66B | €9.71B | €10.39B | €11.33B | €6.71B | €6.90B | €7.36B | 39.2% | -4.3% |
| Optical Networks | €3.02B | €1.64B | €1.94B | €1.89B | €1.71B | €1.70B | €1.75B | €1.61B | €1.50B | €1.56B | 15.2% | +84.5% |
| Cloud and Network Services | €2.61B | €2.59B | €2.73B | €3.35B | €3.09B | €3.09B | €3.33B | – | – | – | 13.1% | +0.7% |
| IP Networks | €2.59B | €2.58B | €2.61B | €3.06B | €2.68B | – | – | – | – | – | 13.0% | +0.4% |
| Fixed Networks | €2.37B | €2.30B | €2.37B | €2.94B | €2.36B | €1.76B | €1.88B | €1.98B | €2.08B | €2.40B | 11.9% | +3.2% |
| Nokia Technologies | €1.50B | €1.93B | €1.09B | €1.58B | €1.49B | €1.39B | €1.47B | €1.49B | €1.64B | €1.04B | 7.5% | -22.1% |
| Group Common and Other | -€10.00M | €27.00M | €119.00M | €248.00M | €240.00M | €250.00M | €317.00M | €978.00M | €1.06B | €1.11B | -0.1% | -137.0% |
| Global Services | – | – | – | – | – | – | – | €5.71B | €5.81B | €6.04B | – | – |
| IP Networks and Applications | – | – | – | – | – | – | – | €5.72B | €5.74B | €6.04B | – | – |
| Networks | – | – | – | – | – | €16.85B | €18.21B | €17.40B | €17.73B | €21.83B | – | – |
| Ultra Broadband Networks | – | – | – | – | – | – | – | €8.69B | €8.97B | €9.76B | – | – |
| Nokia Software | – | – | – | – | – | €2.66B | €2.77B | €2.71B | €2.80B | €1.53B | – | – |
| Network Infrastructure | – | – | – | €9.04B | €7.67B | €6.74B | €6.90B | – | – | – | – | – |
| Total Services | – | – | – | – | – | – | – | – | €8.22B | €8.53B | – | – |
| Applications and Analytics | – | – | – | – | – | – | – | – | €1.55B | €1.53B | – | – |
| IP Routing | – | – | – | – | – | €2.77B | €2.92B | €2.55B | €2.69B | €2.94B | – | – |
| Fixed Access | – | – | – | – | – | €1.76B | €1.88B | €1.98B | €2.08B | – | – | – |
| Mobile Access | – | – | – | – | – | €10.63B | €11.66B | €11.27B | €11.46B | – | – | – |
| IP Networks | – | – | – | €3.06B | €2.68B | €2.59B | €2.70B | – | – | – | – | – |
| Submarine Networks | – | – | €1.12B | €1.15B | €929.00M | €697.00M | €570.00M | – | – | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reportable segments | €2.02B | €2.58B | €2.41B | – | – | – | – | – | – | – | -21.7% |
| Nokia Technologies | €1.06B | €1.51B | €734.00M | €1.21B | €1.19B | €1.12B | €1.20B | €1.20B | €1.12B | €579.00M | -30.1% |
| Network Infrastructure | €780.00M | €761.00M | €1.02B | €1.07B | €784.00M | – | – | – | – | – | +2.5% |
| Cloud and Network Services | €338.00M | €206.00M | €194.00M | €177.00M | €166.00M | -€67.00M | €136.00M | – | – | – | +64.1% |
| Mobile Networks | €220.00M | €452.00M | €783.00M | €940.00M | €765.00M | €819.00M | €384.00M | – | – | – | -51.3% |
| Group Common and Other | -€373.00M | -€349.00M | -€318.00M | -€318.00M | -€125.00M | -€251.00M | -€279.00M | -€246.00M | -€248.00M | -€350.00M | +6.9% |
| Global Services | – | – | – | – | – | – | – | €242.00M | €411.00M | €406.00M | – |
| IP Networks and Applications | – | – | – | – | – | – | – | €447.00M | €519.00M | €615.00M | – |
| Networks | – | – | – | – | – | €935.00M | €665.00M | €773.00M | €1.30B | €1.94B | – |
| Ultra Broadband Networks | – | – | – | – | – | – | – | €510.00M | €781.00M | €922.00M | – |
| Nokia Software | – | – | – | – | – | €507.00M | €589.00M | €450.00M | €414.00M | – | – |
| Network Infrastructure | – | – | – | €1.10B | €784.00M | €457.00M | €562.00M | – | – | – | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other | €10.19B | €10.13B | €11.03B | €12.09B | €11.29B | – | – | – | – | – | 51.2% | +0.6% |
| EMEA | €8.27B | €8.40B | €7.92B | €8.63B | – | – | – | – | – | – | 41.6% | -1.5% |
| Americas | €6.99B | €6.28B | €6.78B | €9.61B | – | – | – | – | – | – | 35.1% | +11.3% |
| North America | €6.20B | €5.38B | €5.73B | €8.39B | €7.19B | €7.12B | €6.98B | €6.57B | €6.38B | €7.02B | 31.2% | +15.2% |
| Europe | €6.17B | €6.36B | €5.87B | €6.66B | €6.31B | €6.09B | €6.44B | €6.49B | €6.83B | €6.41B | 31.0% | -3.1% |
| United States | €5.87B | €5.03B | €5.33B | €7.91B | €6.79B | €6.79B | €6.65B | €6.20B | €5.99B | €6.64B | 29.5% | +16.7% |
| APAC | €4.64B | €4.55B | €6.44B | €5.52B | €2.47B | €2.65B | €3.07B | €4.08B | €4.23B | €4.22B | 23.3% | +2.0% |
| Rest of APAC | €2.19B | €2.04B | €2.29B | €2.65B | – | – | – | – | – | – | 11.0% | +7.3% |
| Middle East & Africa | €2.10B | €2.03B | €2.05B | €1.97B | €1.77B | €1.89B | €1.98B | €1.87B | €1.91B | €1.87B | 10.6% | +3.3% |
| Finland | €1.62B | €2.06B | €1.19B | €1.70B | €1.61B | €1.48B | €1.55B | €1.56B | €1.70B | €1.14B | 8.1% | -21.6% |
| India | €1.53B | €1.37B | €2.84B | €1.29B | €1.04B | €953.00M | €1.36B | – | – | – | 7.7% | +11.7% |
| India | €1.53B | €1.37B | €2.83B | €1.28B | €1.02B | €945.00M | €1.35B | €1.63B | €1.46B | €1.29B | 7.7% | +11.9% |
| Greater China | €913.00M | €1.13B | €1.30B | €1.58B | €1.51B | €1.50B | €1.97B | €2.17B | €2.52B | €2.65B | 4.6% | -19.5% |
| Latin America | €784.00M | €895.00M | €1.05B | €1.22B | €983.00M | €954.00M | €1.52B | €1.38B | €1.28B | €1.46B | 3.9% | -12.4% |
| Great Britain | €683.00M | €635.00M | €757.00M | €759.00M | €650.00M | – | – | – | – | – | 3.4% | +7.6% |
| China | – | – | – | – | – | €906.00M | €1.51B | €1.75B | €2.08B | €2.25B | – | – |
| Germany | – | – | – | – | – | – | – | – | €523.00M | €568.00M | – | – |
| United Kingdom | – | – | – | – | – | – | – | – | €637.00M | €718.00M | – | – |
| France | – | €751.00M | €750.00M | €788.00M | €847.00M | €1.44B | €1.23B | €1.18B | €1.30B | €1.06B | – | – |
| Italy | – | – | – | – | – | – | – | – | €514.00M | €519.00M | – | – |
| Japan | – | – | – | €904.00M | €1.03B | €904.00M | €977.00M | – | €759.00M | €631.00M | – | – |
| Saudi Arabia | – | – | – | – | – | – | – | – | €499.00M | €566.00M | – | – |
| Other countries | – | – | – | €13.08B | €11.75B | €11.73B | €12.79B | €10.24B | €10.63B | €11.27B | – | – |
From the segment and revenue-disaggregation notes of Nokia's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.