stockrowNokia 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) Net margin
Nokia Corporation's net margin over the twelve months to 30 September 2026 was 3.70%, up 0.4 percentage points from fiscal 2025 (3.27%). Over the past ten years it has ranged from −11.6% (fiscal 2020) to 19.7% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Communication Equipment industry median of −0.64% and above the Technology sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 3.27% | (3.37) |
| FY2024 | 6.64% | 3.65 |
| FY2023 | 2.99% | (14.07) |
| FY2022 | 17.1% | 9.75 |
| FY2021 | 7.31% | 18.86 |
| FY2020 | −11.6% | (11.58) |
| FY2019 | 0.03% | 1.54 |
| FY2018 | −1.51% | 4.94 |
| FY2017 | −6.45% | (3.21) |
| FY2016 | −3.24% | (22.97) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 2.95% | 2.91 |
| Jun 2026 | 0.04% | (1.87) |
| Mar 2026 | 1.91% | (6.65) |
| Dec 2025 | 8.56% | 6.94 |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| UI Ubiquiti Inc. compare | 29.3% |
| MSI Motorola Solutions, Inc. compare | 16.5% |
| CIEN Ciena Corporation compare | 10.9% |
| ZBRA Zebra Technologies Corporation compare | 9.80% |
| ERIC Ericsson compare | 8.18% |
| HPE Hewlett Packard Enterprise Company compare | 6.39% |
| NOK Nokia Corporation | 3.70% |
| LITE Lumentum Holdings Inc. compare | −175.8% |
| ASTS AST SpaceMobile, Inc. compare | −536.7% |
| Communication Equipment industry median | −0.64% |
| Technology sector median | 0.00% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on NOK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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