Nokia (NOK) Revenue (2009 - 2025)
Nokia's (NOK) quarterly Revenue came in at $7.0 billion in Q4 2025, up 9.72% year-over-year from $6.4 billion in Q4 2024, and up 39.32% quarter-over-quarter from $5.0 billion in Q2 2025.
Analysis
Nokia (NOK) Revenue (2009 - 2025) Analysis & Trends
Nokia has disclosed Revenue across 17 years of filings, most recently posting $7.0 billion for Q4 2025.
- In Q4 2025, Revenue rose 9.72% year-over-year to $7.0 billion; the TTM figure through Dec 2025 stood at $23.2 billion (up 11.61% YoY), while the FY2025 annual figure was $22.0 billion, up 5.8% from the prior year.
- Revenue came in at $7.0 billion for Q4 2025 at Nokia, up from $5.0 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $7.6 billion in Q4 2022 to a low of $1.9 billion in Q2 2023.
- Average Revenue over 5 years is $5.4 billion, with a median of $5.8 billion recorded in 2023.
- Year-over-year, Revenue retreated 23.32% in 2023 and soared 158.89% in 2024.
- Over 5 years, Revenue stood at $7.3 billion in 2021, then increased by 3.58% to $7.6 billion in 2022, then decreased by 23.32% to $5.8 billion in 2023, then gained by 9.71% to $6.4 billion in 2024, then rose by 9.72% to $7.0 billion in 2025.
- Per Business Quant data, the three most recent Revenue figures were $7.0 billion in Q4 2025, $5.0 billion in Q2 2025, and $6.4 billion in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | 11.31 Bn |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | 13.35 Bn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | 15.38 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | 24.77 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 | 2.25 Bn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | 7.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 7.01 Bn |
| Jun 30, 2025 | 5.03 Bn |
| Dec 31, 2024 | 6.39 Bn |
| Sep 30, 2024 | 4.75 Bn |
| Jun 30, 2024 | 4.81 Bn |
| Mar 31, 2024 | 4.83 Bn |
| Dec 31, 2023 | 5.83 Bn |
| Sep 30, 2023 | 5.13 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 2.11 Bn |
| Dec 31, 2022 | 7.60 Bn |
| Dec 31, 2021 | 7.34 Bn |
| Sep 30, 2021 | 6.37 Bn |
| Jun 30, 2021 | 6.40 Bn |
| Mar 31, 2021 | 6.12 Bn |
| Dec 31, 2020 | 7.81 Bn |
| Sep 30, 2020 | 6.18 Bn |
| Jun 30, 2020 | 5.61 Bn |
| Mar 31, 2020 | 5.42 Bn |
| Dec 31, 2019 | 7.64 Bn |