NOK
Nokia Corp ADR
NYSE: NOK · TECHNOLOGY · COMMUNICATION EQUIPMENT
$12.46
+10.27% today
Updated 2026-04-29
Market cap
$58.39B
P/E ratio
65.38
P/S ratio
2.92x
EPS (TTM)
$0.16
Dividend yield
1.36%
52W range
$4 – $11
Volume
74.1M
Nokia Corp ADR (NOK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.12B | $51.06B | $50.71B | $40.98B | $42.45B | $15.97B | $30.18B | $12.71B | $11.76B | $12.56B | $23.64B | $23.15B | $22.56B | $23.32B | $21.85B | $22.20B | $23.76B | $21.14B | $19.22B | $19.89B |
| Revenue growth (YoY) | — | +24.2% | -0.7% | -19.2% | +3.6% | -62.4% | +89.0% | -57.9% | -7.5% | +6.8% | +88.2% | -2.1% | -2.5% | +3.3% | -6.3% | +1.6% | +7.0% | -11.0% | -9.1% | +3.5% |
| Cost of revenue | $27.74B | $33.78B | $33.34B | $27.72B | $29.63B | $10.41B | $21.79B | $7.36B | $6.77B | $6.96B | $15.12B | $14.01B | $14.25B | $15.05B | $13.66B | $13.37B | $13.66B | $12.59B | $10.36B | $11.23B |
| Gross profit | $13.38B | $17.28B | $17.37B | $13.26B | $12.82B | $5.56B | $8.39B | $5.34B | $4.99B | $5.60B | $8.52B | $9.14B | $8.31B | $8.26B | $8.19B | $8.83B | $10.10B | $8.55B | $8.86B | $8.66B |
| Gross margin | 32.5% | 33.8% | 34.3% | 32.4% | 30.2% | 34.8% | 27.8% | 42.1% | 42.4% | 44.6% | 36.1% | 39.5% | 36.8% | 35.4% | 37.5% | 39.8% | 42.5% | 40.4% | 46.1% | 43.5% |
| R&D | $3.90B | $5.64B | $5.97B | $5.91B | $5.86B | $3.33B | $4.78B | $2.62B | $1.90B | $2.08B | $5.00B | $4.92B | $4.78B | $4.53B | $4.09B | $4.21B | $4.50B | $4.28B | $4.51B | $4.86B |
| SG&A | $666.00M | $1.17B | $1.28B | $1.15B | $1.11B | $735.00M | $959.00M | $697.00M | $4.84B | $1.79B | $3.81B | $3.65B | $86.00M | $3.10B | $2.90B | $2.79B | $3.01B | $2.98B | $2.89B | $3.07B |
| Operating income | $5.49B | $7.99B | $4.97B | $1.20B | $2.07B | $-1.39B | $-2.30B | $519.00M | $1.41B | $1.70B | $-1.10B | $16.00M | $-59.00M | $485.00M | $885.00M | $2.16B | $2.44B | $1.47B | $1.59B | $782.00M |
| Operating margin | 13.3% | 15.6% | 9.8% | 2.9% | 4.9% | -8.7% | -7.6% | 4.1% | 12.0% | 13.5% | -4.7% | 0.1% | -0.3% | 2.1% | 4.0% | 9.7% | 10.3% | 7.0% | 8.3% | 3.9% |
| EBITDA | $6.20B | $9.47B | $6.59B | $3.01B | $3.84B | $287.00M | $-977.00M | $1.25B | $1.69B | $2.01B | $542.00M | $1.59B | $1.38B | $2.13B | $2.12B | $3.23B | $3.53B | $2.91B | $3.43B | $2.25B |
| EBITDA margin | 15.1% | 18.6% | 13.0% | 7.3% | 9.0% | 1.8% | -3.2% | 9.8% | 14.4% | 16.0% | 2.3% | 6.9% | 6.1% | 9.1% | 9.7% | 14.5% | 14.9% | 13.8% | 17.9% | 11.3% |
| EBIT | $5.49B | $8.27B | $4.97B | $1.23B | $2.07B | $-1.27B | $-2.30B | $519.00M | $1.39B | $1.69B | $-1.05B | $-1.00M | $-78.00M | $468.00M | $987.00M | $2.13B | $2.39B | $1.82B | $2.42B | $1.13B |
| Interest expense | $0.00 | $0.00 | $2.00M | $265.00M | $285.00M | $102.00M | $268.00M | $323.00M | $391.00M | $139.00M | $345.13M | $509.00M | $282.00M | $267.50M | $244.00M | $281.31M | $270.10M | $303.79M | $360.20M | $219.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.31B | $7.21B | $3.99B | $891.00M | $1.34B | $-1.16B | $-3.11B | $-615.00M | $3.46B | $2.47B | $-766.00M | $-1.49B | $-335.00M | $7.00M | $-2.52B | $1.62B | $4.25B | $665.00M | $1.28B | $651.00M |
| Net income growth (YoY) | — | +67.3% | -44.6% | -77.7% | +50.7% | -186.6% | -167.1% | +80.2% | +662.9% | -28.8% | -131.1% | -95.0% | +77.6% | +102.1% | -36142.9% | +164.3% | +161.9% | -84.4% | +92.0% | -49.0% |
| Profit margin | 10.5% | 14.1% | 7.9% | 2.2% | 3.2% | -7.3% | -10.3% | -4.8% | 29.4% | 19.6% | -3.2% | -6.5% | -1.5% | 0.0% | -11.5% | 7.3% | 17.9% | 3.1% | 6.6% | 3.3% |