Nokia Oyj

Nokia Oyj

NOKBF
Nokia OyjUS flagOther OTC
16.90
USD
+0.02
- -
94.34BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.18
3.18
3.42
4.12
4.1
4.04
4.16
3.89
3.94
4.23
3.81
3.51
3.67
3.64
Basic EPS, GAAP
-0.17
0.94
0.67
-0.13
-0.26
-0.06
- -
-0.45
0.29
0.76
0.12
0.23
0.12
0.14
Free Cash Flow per Basic Share
-0.09
0.26
0.05
-0.34
0.21
-0.06
-0.05
0.23
0.37
0.16
0.12
0.37
0.27
0.25
Dividend per Share
0.02
0.38
0.14
0.26
0.17
0.19
0.1
0.03
- -
0.06
0.11
0.13
0.14
0.14
Book Value per Share
0.76
1.34
1.78
0.67
0.25
-0.15
-0.24
-0.69
-0.41
0.29
0.3
0.4
0.39
0.37
Tangible Book Value per Share
0.83
1.56
2.71
1.75
1.24
1.18
1.33
0.98
1.85
2.58
2.53
2.59
2.52
2.51
Basic Weighted Avg Shares
3,712
3,699
3,671
5,732
5,652
5,588
5,600
5,612
5,630
5,614
5,549
5,476
5,416
5,490
Sales/Revenue/Turnover
11,795
11,762
12,560
23,641
23,147
22,563
23,315
21,852
22,202
23,761
21,138
19,220
19,889
19,996
Operating Margin (%)
10.19
13.13
14.54
-0.63
2.73
-0.43
2.17
4.65
7.97
10.29
6.95
8.27
3.93
4.1
Depreciation Expense
728
297
320
1,594
1,591
1,455
1,660
1,132
1,095
1,140
1,087
1,014
1,119
1,064
Net Income, GAAP
-615
3,462
2,466
-766
-1,494
-335
7
-2,523
1,623
4,250
665
1,277
651
796
Effective Tax Rate (%)
67.92
- -
22.47
- -
- -
- -
88.46
438.22
14.12
- -
55.82
18.17
30.27
30.68
Profit Margin (%)
-5.21
29.43
19.63
-3.24
-6.45
-1.48
0.03
-11.55
7.31
17.89
3.15
6.64
3.27
3.98
Working Capital
4,965
6,436
9,433
8,114
7,120
4,167
4,753
6,454
7,496
7,492
7,233
6,593
5,788
5,432
LT Debt
3,286
2,576
2,023
3,657
3,457
2,828
4,756
5,736
5,361
5,107
4,436
3,582
3,126
3,090
Total Equity
6,660
8,669
10,524
20,975
16,218
15,371
15,401
12,545
17,462
21,426
20,628
20,747
21,058
21,273
Return on Invested Capital (%)
2.61
- -
11.25
- -
- -
- -
0.29
-17.03
7.08
- -
2.41
4.97
2.09
2.22
Return on Capital (%)
-3.73
- -
31.59
- -
- -
- -
1.1
-100.38
57.89
- -
11.4
22
11.64
12.49
Return on Common Equity (%)
-17.4
88.96
42.96
-14.79
-57.16
- -
- -
- -
- -
- -
40.66
66.3
30.24
39.82

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
913
1,287
235
LT Borrowings
2,343
2,329
2,338
LT Finance Leases
809
797
752
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,413
5,583
5,583
Market Capitalization
21,993
29,811
37,781

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14,374
15,792
15,014
Cash, Cash Equivalents & STI
6,065
6,763
6,123
Accounts Receivable, Net
3,990
4,975
4,562
Inventories
2,380
2,209
2,381
Total Current Liabilities
9,724
10,004
9,582
Payables & Accruals
3,242
5,388
3,510
ST Debt
913
1,287
235
Deferred Revenue
1,589
1,562
1,732

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.33%
12.05%
1.5%
Free Cash Flow
-178.45%
31.24%
-27.51%
Net Income, GAAP
-3,640.24%
-8.76%
-49.02%
Sales/Revenue/Turnover
7.27%
-1.6%
3.48%
Total Cash Common Dividend
387.58%
765.12%
4.98%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,444
4,466
4,326
5,984
19,220
2025
4,390
4,546
4,828
6,125
19,889
2026
4,497
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
-0.03
0.03
0.15
0.23
2025
-0.01
0.02
- -
0.1
0.12
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
- -
- -
0.13
2025
0.03
0.04
- -
0.03
0.14
2026
0.03
- -
- -
- -
- -

Company Description

APIChat
CEO
Justin Hotard
Full Time Employees
78,434
Sector
Technology
Industry
Communication Equipment
Address
Karakaari 7 Espoo Finland 02610
IPO Date
Apr 26, 2010
Website
nokia.com
Business
Nokia Oyj provides network infrastructure, technology, and software services to communications service providers, enterprises, governments, and webscale companies worldwide. Nokia operates through segments including Mobile Networks offering radio access networks (RAN), microwave radio links, and 5G/6G solutions; Network Infrastructure encompassing IP routing, optical transport, fixed access including fiber-to-the-home, and submarine networks; Cloud and Network Services providing cloud-native core, network management, and automation software; and Nokia Technologies handling research, intellectual property licensing, and patented standards. The company maintains geographic operations in over 130 countries across North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. Founded in 1865 and headquartered in Espoo, Finland, Nokia employs advanced technologies from Nokia Bell Labs for AI-native networks and data center connectivity. Nokia's core products include AirScale radio solutions for massive MIMO and multi-band frequencies; high-capacity optical transport and IP/MPLS routing for core, edge, and data centers; fixed broadband solutions such as fiber and copper access with in-home Wi-Fi; cloud RAN and standalone 5G core; private wireless networks for industrial edge; and defense communications systems. Nokia Technologies licenses patents essential to mobile, consumer electronics, and IoT sectors. The company delivers professional services for network planning, deployment, optimization, and managed operations. Recent developments include the completion of its USD 2.3 billion acquisition of Infinera Corporation in February 2025, enhancing optical networking capabilities for AI-driven data centers and expanding US presence. In November 2025, Nokia secured a five-year extension with Telefónica Germany for nationwide radio access network modernization using Cloud RAN, AirScale Massive MIMO radios, and AI-driven operations through 2030. Nokia announced a strategic reorganization effective January 2026 into two primary segments—Network Infrastructure and Mobile Infrastructure—to accelerate AI/cloud growth and 6G innovation, alongside targeting EUR 2.7-3.2 billion comparable operating profit by 2028; certain units like Fixed Wireless Access CPE and Microwave Radio shift to Portfolio Businesses for future evaluation. Additional changes encompass partnerships with Microsoft and Nscale for data center switching, deals with Kyndryl and Lenovo, and accelerated carbon neutrality to 2040.