NYSE · NOK
Nokia financials
$10.36+2.37%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.34B | $20.00B | $23.37B | $25.49B | $25.25B | $26.61B | $26.16B | $25.93B | $27.77B | $24.87B |
| Gross profit | $10.16B | $9.22B | $9.45B | $10.84B | $10.05B | $9.98B | $9.27B | $9.55B | $10.97B | $8.97B |
| Gross margin | 43.5% | 46.1% | 40.4% | 42.5% | 39.8% | 37.5% | 35.4% | 36.8% | 39.5% | 36.1% |
| Operating income | $1.04B | $2.05B | $1.92B | $2.47B | $1.95B | $924.4M | $350.1M | -$374.6M | $19.2M | -$1.16B |
| Net income | $763.8M | $1.33B | $735.1M | $4.56B | $1.85B | -$3.07B | $7.9M | -$390.7M | -$1.79B | -$806.0M |
| Net margin | 3.3% | 6.6% | 3.1% | 17.9% | 7.3% | −11.5% | 0.0% | −1.5% | −6.5% | −3.2% |
| Diluted EPS | $0.14 | $0.24 | $0.13 | $0.80 | $0.33 | $-0.55 | $0.00 | $-0.07 | $-0.31 | $-0.14 |
| EBITDA | $2.35B | $3.11B | $3.12B | $3.69B | $3.20B | $924.4M | $350.1M | -$374.6M | $19.2M | -$1.16B |
| Operating cash flow | $2.43B | $2.59B | $1.46B | $1.58B | $2.99B | $2.14B | $437.6M | $413.7M | $2.17B | -$1.53B |
| Free cash flow | $1.72B | $2.10B | $735.1M | $936.4M | $2.35B | $1.56B | -$336.6M | -$358.5M | $1.45B | -$2.03B |
| Diluted shares | 5,502.8M | 5,530.6M | 5,585.9M | 5,670.0M | 5,630.0M | 5,636.1M | 5,626.4M | 5,612.5M | 5,651.8M | 5,741.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.41B | $6.89B | $6.89B | $5.86B | $7.61B | $8.45B |
| Short-term investments | $1.53B | $2.38B | $2.22B | $3.30B | $2.93B | $1.63B |
| Total debt | $4.38B | $5.78B | $5.55B | $4.80B | $5.29B | $7.69B |
| Total assets | $44.11B | $40.74B | $44.06B | $46.06B | $45.54B | $44.08B |
| Total liabilities | $19.40B | $19.15B | $21.26B | $23.08B | $25.68B | $28.80B |
| Shareholders' equity | $24.71B | $21.59B | $22.80B | $22.98B | $19.86B | $15.28B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology