€5.55
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NNokia Oyj vs EutelsatENNokia Oyj vs Parrot S.APNNokia Oyj vs CogelectrCNNokia Oyj vs Ateme S.AANNokia Oyj vs AerkommANNokia Oyj vs CAC 40 | MarketC

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 4.4B
Gross Profit 1.8B 41.55%
Operating Income -48.0M -1.09%
Net Income -60.0M -1.37%
EPS (Diluted) €-0.01

Balance Sheet Metrics

Total Assets 39.3B
Total Liabilities 18.4B
Shareholders Equity 20.8B
Debt to Equity 0.89

Cash Flow Metrics

Operating Cash Flow 976.0M
Free Cash Flow 721.0M

Revenue & Profitability Trend

Quarter Income Flow i

Annual Income Flow i

Nokia Oyj Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 19.2B 22.3B 24.9B 22.2B 21.9B
Cost of Goods Sold i 10.4B 13.6B 14.7B 13.4B 13.7B
Gross Profit i 8.9B 8.7B 10.2B 8.8B 8.2B
Gross Margin % i 46.1% 39.0% 41.0% 39.8% 37.5%
Operating Expenses
Research & Development i 4.5B 4.3B 4.6B 4.2B 4.1B
Selling, General & Administrative i 2.9B 2.9B 3.0B 2.8B 2.9B
Other Operating Expenses i 12.0M -69.0M 89.0M 75.0M 21.0M
Total Operating Expenses i 7.4B 7.2B 7.7B 7.1B 7.0B
Operating Income i 1.6B 1.5B 2.5B 1.8B 1.0B
Operating Margin % i 8.2% 6.7% 9.9% 8.0% 4.6%
Non-Operating Items
Interest Income i 478.0M 407.0M 174.0M 75.0M 68.0M
Interest Expense i 327.0M 358.0M 222.0M 206.0M 244.0M
Other Non-Operating Income 447.0M -38.0M -154.0M 338.0M -121.0M
Pre-tax Income i 2.1B 1.5B 2.2B 1.9B 743.0M
Income Tax i 380.0M 825.0M -2.0B 272.0M 3.3B
Effective Tax Rate % i 18.2% 55.0% -92.8% 14.1% 438.2%
Net Income i 1.3B 679.0M 4.3B 1.6B -2.5B
Net Margin % i 6.7% 3.1% 17.1% 7.4% -11.5%
Key Metrics
EBITDA i 3.0B 2.9B 3.7B 2.9B 2.3B
EPS (Basic) i €0.23 €0.12 €0.76 €0.29 €-0.43
EPS (Diluted) i €0.23 €0.12 €0.75 €0.29 €-0.43
Basic Shares Outstanding i 5475817000 5549468000 5614182000 5630025000 5612418000
Diluted Shares Outstanding i 5475817000 5549468000 5614182000 5630025000 5612418000

Income Statement Trend

Nokia Oyj Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 6.6B 6.2B 5.5B 6.7B 6.9B
Short-term Investments i 2.3B 2.0B 3.7B 2.9B 1.3B
Accounts Receivable i 5.2B 4.9B 5.5B 5.4B 5.5B
Inventory i 2.2B 2.7B 3.3B 2.4B 2.2B
Other Current Assets - - - - -
Total Current Assets i 18.0B 18.2B 20.3B 19.6B 18.2B
Non-Current Assets
Property, Plant & Equipment i 286.0M 275.0M 241.0M 223.0M 180.0M
Goodwill i 12.3B 12.1B 12.6B 12.5B 12.1B
Intangible Assets i 802.0M 1.1B 1.3B 1.6B 2.0B
Long-term Investments - - - - -
Other Non-Current Assets 3.8B 4.1B 4.1B 1.5B 2.0B
Total Non-Current Assets i 21.2B 21.7B 22.7B 20.5B 18.0B
Total Assets i 39.1B 39.9B 42.9B 40.0B 36.2B
Liabilities
Current Liabilities
Accounts Payable i 3.2B 3.4B 4.7B 3.7B 3.2B
Short-term Debt i 1.2B 752.0M 412.0M 301.0M 750.0M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 2.5B 1.3B 1.7B 1.4B 1.4B
Total Current Liabilities i 11.4B 10.9B 12.8B 12.1B 11.8B
Non-Current Liabilities
Long-term Debt i 3.6B 4.4B 5.1B 5.4B 5.7B
Deferred Tax Liabilities i 562.0M 725.0M 332.0M 282.0M 260.0M
Other Non-Current Liabilities 87.0M 69.0M 57.0M 85.0M 36.0M
Total Non-Current Liabilities i 7.0B 8.3B 8.7B 10.5B 11.9B
Total Liabilities i 18.4B 19.2B 21.5B 22.6B 23.6B
Equity
Common Stock i 246.0M 246.0M 246.0M 246.0M 246.0M
Retained Earnings i 2.0B 1.4B 1.4B -2.5B -4.1B
Treasury Stock i 431.0M 352.0M 352.0M 352.0M 352.0M
Other Equity - - - - -
Total Shareholders Equity i 20.7B 20.6B 21.4B 17.5B 12.5B
Key Metrics
Total Debt i 4.8B 5.2B 5.5B 5.7B 6.5B
Working Capital i 6.6B 7.2B 7.5B 7.5B 6.5B

Balance Sheet Composition

Nokia Oyj Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 1.3B 679.0M 4.3B 1.6B -2.5B
Depreciation & Amortization i 1.0B 1.1B 1.1B 1.1B 1.1B
Stock-Based Compensation i 241.0M 202.0M 149.0M 108.0M 76.0M
Working Capital Changes i -569.0M -1.3B -1.8B -268.0M -710.0M
Operating Cash Flow i 2.7B 2.0B 1.9B 3.3B 1.9B
Investing Activities
Capital Expenditures i -375.0M -463.0M -568.0M -457.0M -466.0M
Acquisitions i 193.0M -2.0M -20.0M -33.0M -104.0M
Investment Purchases i -1.2B -1.9B -3.7B -1.9B -1.2B
Investment Sales i 1.2B 3.4B 2.4B 675.0M 245.0M
Investing Cash Flow i -117.0M 1.0B -1.9B -1.8B -1.4B
Financing Activities
Share Repurchases i -680.0M -300.0M -300.0M 0 0
Dividends Paid i -723.0M -621.0M -353.0M -9.0M -149.0M
Debt Issuance i 101.0M 496.0M 8.0M 17.0M 1.6B
Debt Repayment i -695.0M -1.0B -219.0M -1.2B -480.0M
Financing Cash Flow i -2.0B -1.5B -837.0M -1.2B 882.0M
Free Cash Flow i 2.0B 665.0M 873.0M 2.1B 1.3B
Net Change in Cash i 568.0M 1.6B -837.0M 290.0M 1.3B

Cash Flow Trend

Nokia Oyj Key Financial Ratios

No financial ratio data available.

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
Eutelsat 3.4B 7.46 0.87 -12.85% -36.22% 74.14
Parrot S.A 334.2M -22.98 12.29 -37.39% -18.17% 24.59
Ateme S.A 117.0M 124.75 3.25 2.75% 1.00% 74.08
Aerkomm 55.0M - -24.11 -301.18% 14.73% -11.92
Nippun Rana

Nippun Rana

Chasing the market trend!

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, an...

Financial data is updated regularly. All figures are in the company's reporting currency.