Nokia (NOK) Net Margin (2009 - 2026)
Nokia's Net Margin was 8.60% in the quarter ended Jun 30, 2026, up 2.93 percentage points from 5.67% a year earlier and up 1.59 percentage points from the prior quarter.
Nokia (NOK) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nokia's Net Margin was 9.72% through Jun 30, 2026, up 2.33 percentage points year-over-year; for the year ended Dec 31, 2025, it was 3.34%, down 3.30 percentage points from the prior year.
- Net Margin shows a five-year change of +14.89 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was 6.64% in the year ended Dec 31, 2024 (+3.50 pp), 3.15% in the year ended Dec 31, 2023 (-14.74 pp), 17.89% in the year ended Dec 31, 2022 (+10.58 pp) and 7.31% in the year ended Dec 31, 2021 (+18.86 pp).
- Quarterly Net Margin has moved between 2.82% (the quarter ended Sep 30, 2023) and 14.67% (the quarter ended Dec 31, 2025) over five years.
- Compared with a year earlier, Net Margin has increased for four straight quarters, with an average year-over-year change of +0.38 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was the quarter ended Dec 31, 2021 (a gain of 56.59 percentage points); the worst was the quarter ended Mar 31, 2025 (a drop of 7.47 percentage points).
- Per Business Quant data, NOK's Net Margin in the three quarters before the quarter ended Jun 30, 2026 was 7.01% (quarter ended Mar 31, 2026), 14.67% (quarter ended Dec 31, 2025) and 7.10% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 217.23 Bn | -2,082.64 Bn | 24.75 Bn | 23.54% |
| 2 | Bhp | 215.58 Bn | 159.38 Bn | - | - |
| 3 | Bank Of Nova Scotia | 112.36 Bn | -322.86 Bn | - | 19.15% |
| 4 | Nokia | 58.28 Bn | 58.28 Bn | 2.58 Bn | 8.60% |
| 5 | Haleon | 40.29 Bn | 33.48 Bn | - | - |
| 6 | Gold Fields | 32.31 Bn | 29.12 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.84 Bn | 14.70 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 11.90 Bn | 11.57 Bn | - | - |
| 9 | Magnum Ice Cream | 10.88 Bn | 9.56 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 7.92 Bn | 7.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.60% |
| Mar 31, 2026 | 7.01% |
| Dec 31, 2025 | 14.67% |
| Sep 30, 2025 | 7.10% |
| Jun 30, 2025 | 5.67% |
| Mar 31, 2025 | 4.05% |
| Dec 31, 2024 | 13.59% |
| Sep 30, 2024 | 4.05% |
| Jun 30, 2024 | 9.72% |
| Mar 31, 2024 | 11.52% |
| Dec 31, 2023 | 10.25% |
| Sep 30, 2023 | 2.82% |
| Jun 30, 2023 | 5.33% |
| Mar 31, 2023 | 5.18% |
| Dec 31, 2022 | 12.47% |
| Dec 31, 2021 | 8.29% |
| Sep 30, 2021 | 8.41% |
| Jun 30, 2021 | 6.61% |
| Mar 31, 2021 | 7.35% |
| Dec 31, 2020 | -48.30% |
Nokia Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NOK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NOK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NOK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();