Nokia (NOK) Net Margin (2009 - 2025)

Nokia has disclosed Net Margin across 17 years of filings, most recently posting 17.87% for Q4 2025.

• In Q4 2025, Net Margin rose 236.0% year-over-year to 17.87%; the TTM figure through Dec 2025 stood at 13.0% (up 128.0% YoY), while the FY2025 annual figure was 3.34%, down 330.0% from the prior year.
• Net Margin came in at 17.87% for Q4 2025 at Nokia, up from 8.54% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 17.87% in Q4 2025 to a low of 5.1% in Q3 2023.
• Average Net Margin over 5 years is 11.09%, with a median of 9.72% recorded in 2024.
• Year-over-year, Net Margin jumped 5659 bps in 2021 and tumbled 728 bps in 2024.
• Over 5 years, Net Margin stood at 8.29% in 2021, then soared by 43 bps to 11.84% in 2022, then decreased by 14 bps to 10.19% in 2023, then soared by 52 bps to 15.51% in 2024, then grew by 15 bps to 17.87% in 2025.
• Per Business Quant data, the three most recent Net Margin figures were 17.87% in Q4 2025, 8.54% in Q2 2025, and 15.51% in Q4 2024.