Financials in USD. Standardized financial statements.
A compact view of how Nokia Oyj turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $19.89B | $19.22B | $21.14B | $23.76B | $22.20B | $21.85B | $23.32B | $22.56B | $23.15B | $23.64B |
| Revenue Growth? | +3.5% | -9.1% | -11.0% | +7.0% | +1.6% | -6.3% | +3.3% | -2.5% | -2.1% | 0.0% |
| Cost of Revenue? | $11.23B | $10.36B | $12.59B | $13.66B | $13.37B | $13.66B | $15.05B | $14.25B | $14.01B | $15.12B |
| Gross Profit? | $8.66B | $8.86B | $8.55B | $10.10B | $8.83B | $8.19B | $8.26B | $8.31B | $9.14B | $8.52B |
| Gross Margin? | +43.5% | +46.1% | +40.4% | +42.5% | +39.8% | +37.5% | +35.4% | +36.8% | +39.5% | +36.1% |
| Operating Expenses? | $7.88B | $7.27B | $7.08B | $7.66B | $6.68B | $7.31B | $7.78B | $8.37B | $9.12B | $9.62B |
| Operating Income? | $782.00M | $1.59B | $1.47B | $2.44B | $2.16B | $885.00M | $485.00M | -$59.00M | $16.00M | -$1.10B |
| EBITDA? | $2.25B | $3.43B | $2.91B | $3.53B | $3.23B | $2.12B | $2.13B | $1.38B | $1.59B | $542.00M |
| Income Before Tax | $915.00M | $2.09B | $1.47B | $2.17B | $1.93B | $743.00M | $156.00M | -$360.00M | -$510.00M | -$1.37B |
| Income Tax Expense | $277.00M | $380.00M | $820.00M | -$2.03B | $272.00M | $3.26B | $138.00M | $189.00M | $927.00M | -$457.00M |
| Net Income? | $651.00M | $1.28B | $665.00M | $4.25B | $1.62B | -$2.52B | $7.00M | -$335.00M | -$1.49B | -$766.00M |
| EPS? | $0.11 | $0.23 | $0.12 | $0.76 | $0.29 | $-0.45 | $0.00 | $-0.06 | $-0.26 | $-0.13 |
| Diluted EPS? | $0.11 | $0.23 | $0.12 | $0.75 | $0.29 | $-0.45 | $0.00 | $-0.06 | $-0.26 | $-0.13 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality