Nokia Corp
NOK NYSE· Radio & Tv Broadcasting & Communications Equipment
Last close · Oct 30, 2026
$8.56
KIRA · Stoqly’s AI analyst, in plain words
- Nokia Corp had $22.4B of revenue in fiscal 2025, up 7.9% on the year before. Over five years, revenue changed −2.1% a year on average.
- Its operating margin was 4.4%, down 5.8 pts: of every 100 in sales, about 4 is left after running the business.
- Nokia Corp made $734M of net profit in fiscal 2025.
- Nokia Corp returned $1.6B to shareholders in fiscal 2025. The diluted share count fell 0.5%.
- Nokia Corp has $2.4B more cash than debt.
Market cap
$47.1B
P/E
63.3x
Revenue
$22.4B
Net income
$734M
Free cash flow
—
Operating margin
4.4%
Nokia Corp in 30 seconds · fiscal 2025
Are sales growing?
+7.9%
Yes. Sales grew 7.9% last year.
Does it make a profit?
3.3%
A little. It keeps 3.3% of every sale as profit.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
63.3x
One share costs 63.3 times its yearly profit per share.
What Nokia Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 5, 2026
- Legal name
- NOKIA CORP
- CIK
- 0000924613
Nokia Corp · NOK · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $26.3B | $25.0B | $22.9B | $20.8B | $22.4B |
| Revenue growth | 5.4% | −4.9% | −8.5% | −9.0% | 7.9% |
| Gross margin | 39.8% | 42.5% | 40.4% | 46.1% | 43.5% |
| Operating margin | 9.7% | 9.7% | 8.2% | 10.2% | 4.4% |
| Net income | $1.9B | $4.5B | $719M | $1.4B | $734M |
| Net margin | 7.3% | 17.9% | 3.1% | 6.6% | 3.3% |
| Diluted EPS | $0.34 | $0.79 | $0.13 | $0.25 | $0.14 |
| Cash | |||||
| Cash from operations | $3.1B | $1.5B | $1.4B | $2.7B | $2.3B |
| Dividends paid | $10.6M | $371M | $672M | $782M | $856M |
| Share buybacks | $0.0M | $315M | $324M | $736M | $704M |
| Share count change | 0.9% | −0.3% | −1.5% | −1.0% | −0.5% |
| Debt and strength | |||||
| Cash and short-term investments | $7.6B | $5.8B | $6.9B | $6.9B | $6.4B |
| Debt incl. finance leases | $5.3B | $4.8B | $4.6B | $4.0B | $4.0B |
| Shareholders' equity | $19.7B | $22.8B | $22.7B | $21.5B | $24.6B |
| Net debt / EBITDA | −0.6x | −0.3x | −0.8x | −0.9x | −1.1x |
| Current ratio | 1.6x | 1.6x | — | 1.6x | 1.6x |
| Interest coverage | 7.0x | 8.2x | 3.0x | 6.2x | 3.6x |
| Returns and quality | |||||
| Return on capital | 12.6% | 11.1% | 6.0% | 9.4% | 3.1% |
| Return on equity | 11.0% | 21.1% | 3.2% | 6.3% | 3.2% |
| Return on tangible equity | 10.8% | 29.1% | 4.7% | 9.4% | 4.6% |
| Piotroski F-score | 8 | 6 | 4 | 7 | 5 |
| Altman Z'' | 2.2 | 2.6 | — | 2.8 | 2.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Nokia Corp · NOK · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $8.56 a share, the company is worth $47.1B: 63.3 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0000924613). Latest version: stoqly.net/companies/nok. Data updated November 1, 2026. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.