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? | $19.88B | $19.22B | $22.26B | $24.91B | $22.20B | $21.87B | $23.32B | $22.56B | $23.15B | $23.61B |
| Revenue Growth? | +3.4% | -13.6% | -10.6% | +12.2% | +1.5% | -6.2% | +3.3% | -2.5% | -2.0% | 0.0% |
| Cost of Revenue? | $11.52B | $10.36B | $13.42B | $14.69B | $13.37B | $13.65B | $14.99B | $14.12B | $14.01B | $15.16B |
| Gross Profit? | $8.37B | $8.86B | $8.84B | $10.22B | $8.83B | $8.21B | $8.33B | $8.45B | $9.14B | $8.46B |
| Gross Margin? | +42.1% | +46.1% | +39.7% | +41.0% | +39.8% | +37.6% | +35.7% | +37.4% | +39.5% | +35.8% |
| Operating Expenses? | $6.72B | $6.87B | $7.15B | $7.90B | $6.68B | $7.30B | $7.51B | $8.08B | $8.53B | $8.72B |
| Operating Income? | $1.65B | $2.00B | $1.69B | $2.32B | $2.16B | $918.00M | $485.00M | -$59.00M | $16.00M | -$1.10B |
| EBITDA? | $2.02B | $3.43B | $2.91B | $3.55B | $3.26B | $2.05B | $2.15B | $1.38B | $2.69B | $542.00M |
| Income Before Tax | $914.66M | $2.09B | $1.50B | $2.18B | $1.93B | $834.00M | $156.00M | -$360.00M | -$510.00M | -$1.37B |
| Income Tax Expense | $276.90M | $380.00M | $825.00M | -$2.03B | $272.00M | $3.25B | $138.00M | $189.00M | $927.00M | -$457.00M |
| Net Income? | $628.76M | $1.28B | $665.00M | $4.25B | $1.62B | -$2.43B | $7.00M | -$340.00M | -$1.49B | -$766.00M |
| EPS? | $0.12 | $0.23 | $0.12 | $0.76 | $0.29 | $-0.43 | $0.00 | $-0.06 | $-0.26 | $-0.13 |
| Diluted EPS? | $0.11 | $0.23 | $0.12 | $0.75 | $0.29 | $-0.43 | $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