Nokia (NOK) EBITDA Margin (2009 - 2025)
Nokia's (NOK) quarterly EBITDA Margin came in at 19300.0% in Q4 2025, up 1928945.0% year-on-year from N/an in Q4 2024, and up 182790.48% quarter-over-quarter from 10.55% in Q4 2024.
Nokia (NOK) EBITDA Margin (2009 - 2025) Analysis & Trends
Nokia has disclosed EBITDA Margin across 17 years of filings, most recently posting 19300.0% for Q4 2025.
- EBITDA Margin for Q4 2025 came in at 19300.0%, up 1928945.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 37.29% (up 931.0% YoY), and the FY2025 annual result was 4.45%, down 580.0% from the prior year.
- EBITDA Margin came in at 19300.0% for Q4 2025 at Nokia, up from 10.55% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 19300.0% in Q4 2025 to a low of 30.66% in Q4 2021.
- The 5-year median for EBITDA Margin is 79.26% (2024), against an average of 1803.39%.
- Across the five-year window, EBITDA Margin sank 7440 bps in 2024 and jumped 1928945 bps in 2025, its largest moves.
- Nokia's EBITDA Margin stood at 30.66% in 2021, then surged by 113 bps to 4.11% in 2022, then soared by 1968 bps to 84.95% in 2023, then tumbled by 88 bps to 10.55% in 2024, then jumped by 182790 bps to 19300.0% in 2025.
- The last three EBITDA Margin figures came in at 19300.0% (Q4 2025), 10.55% (Q4 2024), and 81.51% (Q3 2024), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 25.00% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 13.27% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 19.34% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 5.05% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 25.64% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 36.90% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -1,584.72% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -8.60% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 14.38% |
| 10 | Nokia | 4.12 Bn | -2.64 Bn | 10.09 Bn | 19,300.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19,300.00% |
| Dec 31, 2024 | 10.55% |
| Sep 30, 2024 | 81.51% |
| Jun 30, 2024 | 164.89% |
| Mar 31, 2024 | 79.26% |
| Dec 31, 2023 | 84.95% |
| Jun 30, 2023 | 119.95% |
| Dec 31, 2022 | 4.11% |
| Dec 31, 2021 | -30.66% |
| Sep 30, 2021 | 11.83% |
| Mar 31, 2021 | 10.86% |
| Dec 31, 2020 | -13.89% |
| Sep 30, 2020 | 1.80% |
| Jun 30, 2020 | 2.82% |
| Mar 31, 2020 | 5.90% |
| Dec 31, 2019 | -11.80% |
| Sep 30, 2019 | 11.97% |
| Jun 30, 2019 | 11.01% |
| Mar 31, 2019 | 11.79% |
| Dec 31, 2018 | 16.30% |