Nokia (ADR) (NOK)
Builds fixed, IP, optical, radio, and core networks while licensing communications standards.
$10.70
vs last close−0.13 (−1.16%)
In millions of USD, except per-share figures · converted from EUR at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,367 | 6,504 | 5,065 | 5,090 | 4,930 | 6,820 | 5,003 | 5,181 | 5,503 | 6,981 | 5,125 | 5,488 |
| Cost of revenue | 3,179 | 3,785 | 2,545 | 2,884 | 2,660 | 3,714 | 2,925 | 2,935 | 3,098 | 3,842 | 2,860 | 3,042 |
| Gross profit | 2,195 | 2,719 | 2,519 | 2,207 | 2,270 | 3,107 | 2,079 | 2,246 | 2,405 | 3,139 | 2,266 | 2,446 |
| 1,918 | 2,096 | 2,058 | 1,714 | 1,953 | 2,564 | 2,134 | 2,155 | 2,132 | 2,641 | 2,194 | 2,503 | |
| Research & development | 1,216 | 1,245 | 1,282 | 1,292 | 1,272 | 1,296 | 1,305 | 1,323 | 1,338 | 1,568 | 1,412 | 1,576 |
| 794 | 897 | 790 | 815 | 784 | 884 | 830 | 848 | 831 | 1,003 | 757 | 931 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 931 |
| Other expenses | −92 | −46 | −14 | −393 | −103 | 384 | −1 | −16 | −36 | 70 | 25 | −5 |
| Operating income | 270 | 623 | 462 | 492 | 317 | 541 | −55 | 91 | 272 | 498 | 72 | −57 |
| −71 | −40 | 66 | 33 | −67 | 539 | 14 | 49 | −11 | 185 | 133 | 140 | |
| Interest income | 0 | 0 | 55 | 31 | 0 | 284 | 13 | 39 | 43 | −4 | 137 | 140 |
| Interest expense | 42 | 48 | 0 | 0 | 0 | 411 | 0 | 0 | 8 | −8 | 0 | 0 |
| Other non-operating income | 0 | −193 | 1 | −33 | −1 | −943 | −14 | −49 | 3 | −401 | −133 | 0 |
| Income before tax | 199 | 584 | 528 | 525 | 250 | 1,080 | −41 | 140 | 261 | 683 | 205 | 83 |
| Income tax expense | 51 | 629 | 14 | 105 | 84 | 230 | 26 | 46 | 171 | 73 | 106 | 52 |
| Net income from continuing operations | 148 | −46 | 514 | 421 | 165 | 850 | −67 | 95 | 90 | 610 | 99 | 31 |
| Discontinued operations | 3 | 9 | −15 | −584 | 35 | 76 | 0 | 15 | 0 | 10 | 1 | −25 |
| Other adjustments | −7 | −1 | 0 | 0 | −8 | 8 | 0 | 0 | 0 | 1 | −1 | 0 |
| Net income | 152 | −49 | 495 | −166 | 193 | 935 | −67 | 103 | 89 | 618 | 98 | 2 |
| EPS, basic | $0.03 | −$0.01 | $0.09 | −$0.03 | $0.04 | $0.06 | −$0.01 | $0.02 | $0.02 | $0.11 | $0.02 | $0.00 |
| EPS, diluted | $0.03 | −$0.01 | $0.09 | −$0.03 | $0.04 | $0.06 | −$0.01 | $0.02 | $0.02 | $0.11 | $0.02 | $0.00 |
| Weighted average shares, basic | 5,538 | 5,524 | 5,526 | 5,510 | 5,464 | 5,464 | 5,380 | 5,378 | 5,401 | 5,416 | 5,590 | 5,597 |
| Weighted average shares, diluted | 5,597 | 5,524 | 5,564 | 5,510 | 5,532 | 5,532 | 5,380 | 5,492 | 5,489 | 5,503 | 5,723 | 5,802 |
| EBITDA | 574 | 1,137 | 758 | 831 | 592 | 1,763 | 260 | 465 | 595 | 1,223 | 443 | 183 |
| Depreciation & amortization | 304 | 321 | 297 | 305 | 274 | 279 | 301 | 325 | 326 | 324 | 238 | 240 |
| EBIT | 270 | 816 | 460 | 525 | 318 | 1,484 | −41 | 140 | 269 | 899 | 205 | −57 |