Nokia (NOK) Operating Margin (2009 - 2026)
Nokia (NOK) posted Operating Margin of 9.01% for the quarter ended Jun 30, 2026, up 0.76 percentage points from 8.25% a year earlier and up 2.23 percentage points from the prior quarter.
Nokia (NOK) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Nokia was 11.25%, up 2.27 percentage points year-over-year; for the year ended Dec 31, 2025, it was 10.74%, up 0.49 percentage points from the prior year.
- Annual Operating Margin shows a five-year change of +6.69 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Nokia's Operating Margin was 10.25% in the year ended Dec 31, 2024 (+2.05 pp), 8.20% in the year ended Dec 31, 2023 (-1.48 pp), 9.68% in the year ended Dec 31, 2022 (-0.04 pp) and 9.72% in the year ended Dec 31, 2021 (+5.67 pp).
- Quarterly Operating Margin has run from a low of 4.86% in the quarter ended Mar 31, 2025 to a high of 17.71% in the quarter ended Dec 31, 2025 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last four quarters, with an average year-over-year change of +0.62 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Mar 31, 2024, with a gain of 5.95 percentage points; the weakest was the quarter ended Mar 31, 2025, with a drop of 8.64 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 6.79% (quarter ended Mar 31, 2026), 17.71% (quarter ended Dec 31, 2025) and 9.52% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 219.44 Bn | -2,080.43 Bn | 24.75 Bn | 42.53% |
| 2 | Bhp | 215.50 Bn | 159.30 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.31 Bn | -320.91 Bn | - | 4,023.83% |
| 4 | Nokia | 59.49 Bn | 59.49 Bn | 2.58 Bn | 9.01% |
| 5 | Haleon | 40.60 Bn | 33.79 Bn | - | - |
| 6 | Gold Fields | 32.92 Bn | 29.72 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.95 Bn | 14.82 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 12.17 Bn | 11.84 Bn | - | - |
| 9 | Magnum Ice Cream | 11.35 Bn | 10.03 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 8.00 Bn | 7.94 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.01% |
| Mar 31, 2026 | 6.79% |
| Dec 31, 2025 | 17.71% |
| Sep 30, 2025 | 9.52% |
| Jun 30, 2025 | 8.25% |
| Mar 31, 2025 | 4.86% |
| Dec 31, 2024 | 14.39% |
| Sep 30, 2024 | 6.43% |
| Jun 30, 2024 | 9.67% |
| Mar 31, 2024 | 13.50% |
| Dec 31, 2023 | 9.86% |
| Sep 30, 2023 | 5.03% |
| Jun 30, 2023 | 8.62% |
| Mar 31, 2023 | 7.55% |
| Dec 31, 2022 | 11.84% |
| Dec 31, 2021 | 11.54% |
| Sep 30, 2021 | 9.30% |
| Jun 30, 2021 | 9.11% |
| Mar 31, 2021 | 8.49% |
| Dec 31, 2020 | 6.73% |
Nokia Operating 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=operating-margin&ticker=NOK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NOK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();