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Nokia Corp - ADR
XNYS: NOK
9.40-0.46(-4.67%)
83.2M
XNYS Volume

XNYS 14 Oct, 2026 5:30 PM (EDT)

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Nokia to sell its Enterprise Campus Edge business to PE firm Aurelius to sharpen its portfolioSee details

Nokia Corp (ADR) quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Nokia Corp (ADR) share price target, revenues, EPS, net income and more

Nokia Corp (ADR) quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Nokia Corp (ADR) Jun-2026 Quarterly Revenue is $4,815 Million which is growth of 5.9% YoY.

  • NEGATIVE

    Quarterly Net Profit Nokia Corp (ADR) Jun-2026 Quarterly Net Profit is $2 Million which is growth of -97.8% YoY.

Nokia Corp - ADR, Earnings Report - Quarterly Results, standalone, All financials are in EUR Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
4,8154,4976,1254,8284,5464,3905,9844,3264,4664,6675,7074,9825,710
Cost Of Rev.
2,6692,5093,3712,7182,5752,5663,223-2,5302,4323,3213,0563,530
Gross Profit
2,1461,9882,7542,1101,9711,8242,761-1,9362,2352,3861,9262,180
⌄
2,1961,9252,3171,8711,8911,8721,843-1,5041,8362,0311,6841,705
Operating Profit
-506343723980-48490246432399355242475
12111850-15341129-2751152-37-54
Profit Before Tax
73180599229123-361,126145461451512179407
Tax
4793641504023202-921255246116
⌄
2865427890-59806175-146434-43139290
Diluted NI Avail to Com Stockholders Ann.
2865427890-59806175-146434-43139290
Basic EPS
00.100-00.20-00.1-000.1
Diluted EPS After ExtraOrdinary
0.100.20.10-00.20.10.10.10.100.1
Number Of Shares End
5,597.55,589.65,504.65,400.95,378.15,379.75,349.95,517.85,509.95,525.85,523.55,537.95,558.9
Net Income Continuing Discontinued Operations
2865427890-59806175-146434-43139290
Normalized Income
41487882323231-60977352328439568118.9415
Interest Income
-------------
Interest
-------------
Net Interest Income
12111850-15341129-2751152-37-54
EBIT
-486242024489-471,126145434400352216461
EBITDA
1632717045303742171,371385702661634483733
Reconciled Cost Of Rev.
2,6692,5093,3712,7182,5752,5663,223-2,5302,4323,3213,0563,530
Reconciled Depr.
211209284286285264245240268261282267272
Profit From Continuing Operations
5875448096-60813175-142438-32133289
Normalized EBITDA
1612721,0735253652161,581486700660998509747
*All financials are in EUR Million and price data in USD

Nokia Corp (ADR) competitor comparison and performance snapshot within industry

Nokia Corp (ADR) annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue Nokia Corp (ADR) Dec-2025 Annual Revenue is $19,889 Million which is growth of 3.5% YoY.

  • NEGATIVE

    Annual Net Profit Nokia Corp (ADR) Dec-2025 Annual Net Profit is $651 Million which is growth of -49.0% YoY.

Nokia Corp - ADR, Earnings Report - Annual Results, standalone, All financials are in EUR Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-7.2%
-1.9%
 19,88919,22022,25824,91122,20221,85223,31522,56323,14723,61412,499
Cost Of Rev. Ann.
-8.6%
-3.8%
11,26711,23010,35613,57114,68913,36813,65914,98914,11714,00815,1587,046
Gross Profit Ann.
-5.4%
1.1%
8,9988,6598,8648,68710,2228,8348,1938,3268,4469,1398,4565,453
Operating Exp. Ann.
0.5%
1.9%
8,3097,8777,2927,1917,7597,0447,1777,3938,1128,4858,7483,722
Operating Profit Ann.
-31.8%
-5.1%
6897821,5721,4962,4631,7901,016933334654-2921,731
-
-
27467441-125-181-152-241-214-341-263-85
Other Exp. Ann.
-
-
 127447-38-154317-121-536-480-823-814-106
PBT Ann.
-25.2%
4.3%
1,0819152,0911,4992,1841,926743156-360-510-1,3691,540
Tax Ann.
-
-38.9%
354277380825-2,0262723,256138189927-457346
⌄
-46.5%
-
7086511,2776654,2501,623-2,5167-340-1,494-7662,466
Diluted NI Avail to Com Stockholders Ann.
-46.5%
-
7086511,2776654,2501,623-2,5167-340-1,494-7662,466
EPS Ann.
-50%
-
 0.10.20.10.80.3-0.5-0.1-0.3-0.10.7
Diluted EPS Ann.
-50%
-
 0.10.20.10.80.3-0.5-0.1-0.3-0.10.6
Number Of Shares End
-0.5%
-0.4%
 5,504.65,349.95,523.55,5905,6355,617.55,604.95,592.65,5925,759.73,794
Total Exp. Ann.
-5.2%
-1.7%
 19,10717,64820,76222,44820,41220,83622,38222,22922,49323,90610,768
Net Income Continuing Discontinued Operations Ann.
-46.5%
-
7086511,2776654,2501,623-2,5167-340-1,494-7662,466
Normalized Income Ann.
-13.7%
-
1,7061,5952,1751,6232,4812,109-2,103.41,225-254.61,8751,2761,390
Interest Income Ann.
26.7%
43.1%
 354478407174755973766011337
Interest Ann.
-0.5%
-1.4%
 219327358222206235308282509317139
EBITDA Ann.
-17.4%
-1.5%
1,6681,8992,9542,5373,3723,1522,0512,0511,3011,5304291,962
Reconciled Cost Of Rev. Ann.
-8.6%
-3.8%
11,26711,23010,35613,57114,68913,36813,65914,98914,11714,00815,1587,046
Reconciled Depr. Ann.
-0.6%
-0.2%
9901,1191,0141,0871,1401,0951,1321,6601,4551,5911,594320
Profit From Continuing Operations Ann.
-46.3%
-
7166601,2846794,2591,645-2,51611-335-1,458-9272,468
Normalized EBITDA Ann.
-16.4%
-1%
2,0312,1452,9922,9433,6742,9192,2532,6721,8692,3871,3322,117
*All financials are in EUR Million and price data in USD
Total Rev. Ann.
1Y CHG
3.5%
2Y CAGR
-5.5%
3Y CAGR
-7.2%
5Y CAGR
-1.9%
7Y CAGR
-1.8%
10Y CAGR
4.8%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
-49%
2Y CAGR
-1.1%
3Y CAGR
-46.5%
10Y CAGR
-12.5%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
8%
2Y CAGR
4.7%
3Y CAGR
0.5%
5Y CAGR
1.9%
7Y CAGR
-0.4%
10Y CAGR
7.8%
Operating Expenses Annual Cr growth is higher than historical averages.

Nokia Corp (ADR) balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Nokia Corp (ADR) Dec-2025 Total Shareholders Fund is $20,967 Million which is growth of 1.5% YoY.

  • NEGATIVE

    Total Assets Nokia Corp (ADR) Dec-2025 Total Assets is $37,597 Million which is growth of -4.0% YoY.

Nokia Corp - ADR, Balance Sheet, standalone, All financials are in EUR Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-4.3%
0.8%
37,59739,14939,86042,94340,04936,19139,12839,51741,02444,90120,926
⌄
-8.4%
-6.9%
16,53918,40219,23221,51722,58723,64623,72724,14624,80623,92610,402
⌄
-0.6%
11%
20,96720,65720,53721,33317,36012,46515,32515,28916,13820,09410,503
Total Capitalization Ann.
-3.1%
5.9%
23,29623,57524,17425,58221,89717,48019,31018,11719,59523,75112,526
Tangible Assets Ann.
-2%
20.1%
13,57214,11913,94714,40310,3095,4387,3696,4846,9199,1349,943
Working Capital Ann.
-8.2%
-2.2%
5,7886,5937,2337,4927,4966,4544,7534,1677,1208,1149,433
Invested Capital Ann.
-1.9%
6.2%
24,38024,54424,72825,81022,01318,04119,60219,11119,90424,12112,577
Tangible Book Value Ann.
-2%
20.1%
13,57214,11913,94714,40310,3095,4387,3696,4846,9199,1349,943
Borrowings Ann.
-7.2%
-7.4%
4,4134,7505,1885,5195,6626,4865,3073,8223,7664,0272,074
Net Debt Ann.
-
-
-----------
Share Issued Ann.
0.6%
0.3%
5,742.25,605.95,613.55,632.35,675.55,653.95,640.55,6365,839.45,836.13,992.9
Number Of Shares End
-0.5%
-0.4%
5,504.65,349.95,523.55,5905,6355,617.55,604.95,592.65,5925,759.73,794
*All financials are in EUR Million and price data in USD
Total Assets Ann.
1Y CHG
-4%
2Y CAGR
-2.9%
3Y CAGR
-4.3%
5Y CAGR
0.8%
7Y CAGR
-0.7%
10Y CAGR
6%
Total Assets Annual is falling faster than historical averages.
Total Current Liabilities Ann.
1Y CHG
-12.2%
2Y CAGR
-4.3%
3Y CAGR
-7.8%
5Y CAGR
-3.2%
7Y CAGR
-4.8%
10Y CAGR
4.6%
Total Current Liabilities Annual Cr is falling faster than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
1.5%
2Y CAGR
1%
3Y CAGR
-0.6%
5Y CAGR
11%
7Y CAGR
4.6%
10Y CAGR
7.2%
Total ShareHolders Funds Annual growth is stable compared to historical averages.

Nokia Corp (ADR) ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Nokia Corp (ADR) Book Value Per Share is $4 which is growth of 12.9% YoY.

  • NEUTRAL

    ROE Nokia Corp (ADR) ROE is 0% which is growth of 0% YoY.

Nokia Corp - ADR, Ratios, standalone, All financials are in EUR Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-3.23%1.61%10.24%4.26%-6.68%0.02%-0.84%-3.48%-2.33%11.75%
ROE Ann. %
-
-
-6.20%3.18%21.97%10.88%-18.11%0.05%-2.16%-8.25%-5.01%25.80%
ROIC %
-
-
-3.2-0.212.13-13.22.81-1.92.714.7
OPM Ann. %
-26.5%
-3.3%
3.93%8.18%6.72%9.89%8.06%4.65%4.00%1.48%2.83%-1.24%13.85%
Inventory Turnover Ratio Ann.
-
-
-4.24.55.25.85.34.94.95.48.66.2
Asset Turnover Ann. %
-
-
-0.50.50.60.60.60.60.60.50.70.6
Working Capital Turnover Ann.
1%
0%
3.42.93.13.333.44.95.43.32.91.3
Quick Ratio Ann.
-
-
-1.41.41.31.41.31.111.31.42.2
Current Ratio Ann.
-
-
-1.61.71.61.61.61.41.31.61.62.5
Interest Coverage Ratio Ann.
-
-
-7.45.210.810.44.21.5-0.3-3.312.1
LT Debt To Equity Ann.
-
-
-0.20.20.20.30.50.30.20.20.20.2
*All financials are in EUR Million and price data in USD

Nokia Corp (ADR) cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Nokia Corp (ADR) Dec-2025 Cash From Operating Activity is $2,071 Million which is growth of -16.9% YoY.

  • NEGATIVE

    Net Cash Flow Nokia Corp (ADR) Dec-2025 Net Cash Flow is $-935 Million which is growth of -350.7% YoY.

Nokia Corp - ADR, Cash Flow, standalone, All financials are in EUR Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
12%
3.3%
2,0712,4931,3171,4742,6251,7593903601,811-1,454507
-
-
-1,396-1171,043-1,880-1,795-1,517-167-315106,8361,896
-
-
-1,610-2,003-1,502-837-1,212883-479-969-1,749-4,923-584
Cash Plus Cash Eqv. End Of Year Ann.
0%
-4.7%
5,4626,6236,2345,4676,6916,9405,9106,2617,3697,4976,995
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-935373858-1,243-3821,125-256-924724591,819
Cash Plus Cash Eqv. Begin Of Year Ann.
-0.3%
2.3%
6,6236,2345,4676,6916,9405,9106,2617,3697,4976,9955,170
Income Tax Paid Supplemental Data Ann.
-
-
-----------
Interest Paid Supplemental Data Ann.
-
-
-----------
Capex Ann.
-
-
-606-472-652-601-560-479-690-672-601-477-314
Issuance Of Capital Stock Ann.
-
-
859----------
Issuance Of Debt Ann.
166.3%
-37.6%
1511014968171,5951,0391392,129225232
Repayment Of Debt Ann.
-
-
-1,096-695-1,037-219-1,153-480-987-31-2,086-2,699-79
Repurchase Of Capital Stock Ann.
-
-
-624-680-300-300---785-216-173
Free Cash Flow Ann.
18.8%
2.7%
1,4652,0216658732,0651,280-300-3121,210-1,931193
*All financials are in EUR Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
-16.9%
2Y CAGR
25.4%
3Y CAGR
12%
5Y CAGR
3.3%
7Y CAGR
28.4%
10Y CAGR
15.1%
Cash from Operating Activity Annual is falling faster than historical averages.