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

7.68 0.22 +2.95%
Market cap
$42.2B
P/E
47.1×
Fwd P/E
—
Dividend yield
2.16%
F-score
6/9
Altman Z
1.98
Beneish M
−2.56
Dividend safety
38/100

Nokia Corporation (NOK) EBITDA

Alert me on EBITDA

Nokia Corporation's EBITDA for fiscal 2025 was $2.3B, down 30.5% from $3.3B in fiscal 2024. Over the twelve months to 30 September 2026 it was $1.9B. Over the past ten years it has ranged from $546.7M (fiscal 2016) to $3.8B (fiscal 2021); the current reading is higher than 45% of that period. Nokia Corporation ranks 5th of 45 Communication Equipment companies by EBITDA.

EBITDA, annual

Embed this chart

Annual newest first

Period EBITDA Change
FY2025 $2.3B (30.46%)
FY2024 $3.3B 8.56%
FY2023 $3.0B (17.57%)
FY2022 $3.6B (5.33%)
FY2021 $3.8B 67.04%
FY2020 $2.3B (4.10%)
FY2019 $2.4B 45.72%
FY2018 $1.6B (9.23%)
FY2017 $1.8B 232.27%
FY2016 $546.7M (75.48%)

Quarterly newest first

Period EBITDA Change
Sep 2026 $455.5M 145.43%
Jun 2026 $185.6M (41.70%)
Mar 2026 $318.3M (67.24%)
Dec 2025 $971.7M 53.70%
43 more quarters

Against its own ten years

Low $546.7M High $3.8B
Ten-year median $2.3B
Current reading's percentile 45

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

More on NOK