Nokia (NOKBF) Research & Development (2009 - 2026)
Nokia's Research & Development was $1.61 billion in Q2 2026, up 24.2% from $1.29 billion a year earlier and up 12.3% from the prior quarter.
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Analysis
Nokia (NOKBF) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nokia's Research & Development was $5.96 billion through Jun 30, 2026, up 21.2% year-over-year; for FY2025, it came in at $5.49 billion, up 12.3% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- In earlier years, Research & Development was $4.88 billion in FY2024 (+5.6%), $4.63 billion in FY2023 (-2.5%), $4.75 billion in FY2022 (-4.8%) and $4.99 billion in FY2021 (+6.9%).
- The Q2 2026 figure marks the highest quarterly Research & Development since Q4 2012.
- Compared with a year earlier, Research & Development has increased for five straight quarters, with growth averaging 12.2% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q4 2025 (growth of 29.5%); the worst was Q4 2023 (a decline of 6.8%).
- Per Business Quant data, NOKBF's Research & Development in the three quarters before Q2 2026 was $1.43 billion (Q1 2026), $1.57 billion (Q4 2025) and $1.35 billion (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.61 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.57 Bn |
| Sep 30, 2025 | 1.35 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.19 Bn |
| Dec 31, 2024 | 1.21 Bn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.22 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.22 Bn |
| Jun 30, 2021 | 1.28 Bn |
| Mar 31, 2021 | 1.20 Bn |
| Dec 31, 2020 | 1.37 Bn |
API Access
Nokia Research & Development 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=research-and-development&ticker=NOKBF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NOKBF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NOKBF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();