Nokia (NOK) Operating Income (2009 - 2025)
Nokia's (NOK) quarterly Operating Income came in at $1.2 billion in Q4 2025, up 34.99% year-over-year from $920.1 million in Q4 2024, and up 198.98% quarter-over-quarter from $415.4 million in Q2 2025.
Analysis
Nokia (NOK) Operating Income (2009 - 2025) Analysis & Trends
Nokia has disclosed Operating Income across 17 years of filings, most recently posting $1.2 billion for Q4 2025.
- In Q4 2025, Operating Income rose 34.99% year-over-year to $1.2 billion; the TTM figure through Dec 2025 stood at $2.9 billion (up 23.07% YoY), while the FY2025 annual figure was $2.4 billion, up 10.85% from the prior year.
- Operating Income came in at $1.2 billion for Q4 2025 at Nokia, up from $415.4 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $1.2 billion in Q4 2025 to a low of $258.0 million in Q3 2023.
- Average Operating Income over 5 years is $593.9 million, with a median of $574.6 million recorded in 2023.
- Year-over-year, Operating Income soared 305.98% in 2021 and tumbled 36.15% in 2023.
- Over 5 years, Operating Income stood at $846.5 million in 2021, then rose by 6.3% to $899.9 million in 2022, then plunged by 36.15% to $574.6 million in 2023, then jumped by 60.14% to $920.1 million in 2024, then soared by 34.99% to $1.2 billion in 2025.
- Per Business Quant data, the three most recent Operating Income figures were $1.2 billion in Q4 2025, $415.4 million in Q2 2025, and $920.1 million in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | -3.91 Bn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | 3.16 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | 10.53 Bn |
| 6 | Bhp | 229.70 Bn | 211.16 Bn | - | - |
| 7 | Diageo | 216.99 Bn | 217.04 Bn | - | - |
| 8 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 9 | Ferrari | 152.22 Bn | 150.47 Bn | 1.18 Bn | 703.29 Mn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | 1.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.24 Bn |
| Jun 30, 2025 | 415.43 Mn |
| Dec 31, 2024 | 920.06 Mn |
| Sep 30, 2024 | 305.31 Mn |
| Jun 30, 2024 | 465.22 Mn |
| Mar 31, 2024 | 651.82 Mn |
| Dec 31, 2023 | 574.55 Mn |
| Sep 30, 2023 | 258.00 Mn |
| Jun 30, 2023 | 274.41 Mn |
| Mar 31, 2023 | 360.64 Mn |
| Dec 31, 2022 | 899.86 Mn |
| Dec 31, 2021 | 846.54 Mn |
| Sep 30, 2021 | 592.00 Mn |
| Jun 30, 2021 | 582.87 Mn |
| Mar 31, 2021 | 519.89 Mn |
| Dec 31, 2020 | 525.80 Mn |
| Sep 30, 2020 | 567.69 Mn |
| Jun 30, 2020 | 187.25 Mn |
| Mar 31, 2020 | 128.06 Mn |
| Dec 31, 2019 | 1.26 Bn |