Friday 6 November 2026
Export NOK’s income statement to Excel — free account
Nokia Corporation
NOK Technology Communication Equipment
Nokia Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.5 billion, up 8.20% from fiscal 2024.
- Revenue
- +5.12%
- EPS
- +73.4%
- Free cash flow
- −112.3%
- Total debt
- −21.4%
Quarter to September 2026, against a year earlier
7.66
0.20
+2.68%
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| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Older periods | |
|---|---|---|---|---|---|
P/E ratio |
63.38 | 90.16 | 48.06 | 47.12 |
+8 more quarters Free account |
P/S ratio |
2.29 | 3.15 | 1.94 | 1.56 | |
P/FCF ratio |
5,288.70 | 120.58 | 27.06 | 20.74 | |
P/Operating CF |
526.60 | (102.10) | 49.04 | 97.15 | |
P/B ratio |
2.23 | 3.00 | 1.81 | 1.47 | |
Price to Tangible BV |
3.42 | 4.62 | 2.78 | 2.27 | |
EV/Sales |
2.17 | 3.02 | 1.75 | 1.39 | |
EV/EBITDA |
26.83 | 33.76 | 17.20 | 13.78 | |
EV/Operating CF |
79.34 | 55.43 | 17.47 | 13.34 | |
EV/FCF |
5,003.37 | 115.43 | 24.42 | 18.50 | |
Quick Ratio |
1.06 | 1.09 | 1.20 | 1.25 | |
Current Ratio |
1.47 | 1.51 | 1.57 | 1.58 | |
Net Debt/EBITDA |
(6.49) | (17.10) | (13.77) | (3.90) | |
Debt/Assets |
6.47% | 6.44% | 6.38% | 9.08% | |
Debt/Equity |
0.11 | 0.11 | 0.11 | 0.16 | |
Asset Turnover |
0.56 | 0.56 | 0.54 | 0.53 | |
Operating CF/Net income |
0.59 | (313.09) | 9.10 | 0.60 | |
Capex/Depreciation |
(0.74) | (0.61) | (0.74) | (0.49) | |
Interest Coverage |
— | — | (0.53) | 2.35 | |
Research and Development Expense of Revenue |
24.27% | 28.72% | 27.55% | 22.57% | |
Selling, General and Administrative Expense of Revenue |
14.22% | 16.97% | 14.77% | 14.32% | |
Intangible Assets out of Total Assets |
0.20 | 0.20 | 0.20 | 0.20 | |
Share Based Compensation of Revenue |
1.98% | 4.47% | 0.00% | 5.39% | |
Graham Net Nets |
(0.03) | (0.02) | (0.03) | (0.02) | |
Graham Number |
4.05 | 3.83 | 4.09 | 3.69 | |
Earnings Yield |
1.58% | 1.11% | 2.08% | 2.12% | |
Free Cash Flow Yield |
0.02% | 0.83% | 3.69% | 4.82% | |
Revenue per Share |
1.10 | 1.00 | 0.94 | 1.31 | |
Operating CF per Share |
0.02 | (0.13) | 0.16 | 0.07 | |
Capex per Share |
(0.03) | (0.03) | (0.03) | (0.03) | |
Free Cash Flow per Share |
(0.01) | (0.16) | 0.13 | 0.04 | |
Cash per Share |
1.07 | 1.07 | 1.28 | 1.41 | |
Shareholders Equity per Share |
4.55 | 4.42 | 4.45 | 4.40 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
4.55 | 4.42 | 4.45 | 4.40 | |
Free Cash Flow |
(66.49) | (876.87) | 736.18 | 217.54 | |
Working Capital |
5,505.23 | 5,739.09 | 6,355.27 | 6,548.54 | |
Capital Expenditures |
(170.49) | (148.80) | (180.24) | (143.14) | |
Net Current Asset Value |
(1,569.97) | (1,481.28) | (1,170.41) | (845.15) | |
EV/EBIT |
56.21 | 72.86 | 36.03 | 31.21 | |
Capex to Sales |
0.03 | 0.03 | 0.03 | 0.02 | |
Price to Operating Income |
59.42 | 76.11 | 39.93 | 35.00 | |
| Other line items | |||||
Average Receivables |
6,207.81 | 5,836.50 | 6,100.63 | 6,512.28 | |
Average Payables |
3,815.92 | 3,732.00 | 3,444.41 | 3,423.05 | |
Average Inventory |
3,048.43 | 3,001.72 | 2,751.85 | 2,419.92 | |
Average Assets |
42,750.76 | 42,119.89 | 42,500.50 | 42,450.19 | |
Average Common Equity |
23,775.59 | 23,623.39 | 23,415.37 | 23,137.68 |
Columns are period end dates · fundamentals updated 2 Nov 2026