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Nokia Oyj NOKIA.HE

FI · Nasdaq Helsinki · XHEL · stock · Technology · website

Nokia Oyj financials (annual)

Revenue
€23.76B €21.14B €19.22B €19.89B 2022202320242025
Net income
€4.25B €665.0M €1.28B €651.0M 2022202320242025
Free cash flow
€873.0M €665.0M €2.02B €1.47B 2022202320242025

Bars are annual figures from 2022 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022
Revenue€19.9B€19.2B€21.1B€23.8B
Gross profit€8.7B€8.9B€8.5B€10.1B
R&D expense€4.9B€4.5B€4.3B€4.5B
SG&A expense€3.1B€2.9B€2.9B€3.0B
Operating income€782.0M€1.6B€1.5B€2.4B
Interest expense€219.0M€326.0M€354.0M€220.0M
Income tax€277.0M€380.0M€820.0M-€2.0B
Net income€651.0M€1.3B€665.0M€4.2B
EPS (diluted)€0.12€0.23€0.12€0.75
Operating cash flow€2.1B€2.5B€1.3B€1.5B
Free cash flow€1.5B€2.0B€665.0M€873.0M
Cash & equivalents€5.5B€6.6B€6.2B€5.5B
Inventory€2.2B€2.2B€2.7B€3.3B
Goodwill€6.0B€5.7B€5.5B€5.7B
Total assets€37.6B€39.1B€39.9B€42.9B
Total debt€4.4B€4.8B€5.2B€5.5B
Total liabilities€16.5B€18.4B€19.2B€21.5B
Shareholders' equity€21.0B€20.7B€20.5B€21.3B
Share buybacks€624.0M€680.0M€300.0M€300.0M

Growth · year-over-year · Revenue CAGR -5.8%

MetricFY2025FY2024FY2023FY2022
Revenue growth+3.5%-9.1%-11.0%
Net income growth-49.0%+92.0%-84.4%
EPS growth-47.8%+91.7%-84.0%
Free cash flow growth-27.5%+203.9%-23.8%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · FI · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.