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
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Nokia Corporation (NOK) 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
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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 | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| HPE Hewlett Packard Enterprise Company compare | $7.7B |
| ERIC Ericsson compare | $3.7B |
| MSI Motorola Solutions, Inc. compare | $3.6B |
| NOK Nokia Corporation | $1.9B |
| UI Ubiquiti Inc. compare | $1.2B |
| ZBRA Zebra Technologies Corporation compare | $1.2B |
| LITE Lumentum Holdings Inc. compare | $1.2B |
| CIEN Ciena Corporation compare | $914.0M |
| ASTS AST SpaceMobile, Inc. compare | −$517.6M |
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
More on NOK
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement