The analyses and visuals on this site are for informational purposes only and do not constitute investment advice.

© 2026 Datafin Financial Data Analysis Systems. All rights reserved. · v2.0

Privacy PolicyTerms of UseCookie Policy

NOK FINANCIAL STATEMENTS

Nokia Corp ADR — balance sheet, income statement and cash flow trends

NOKNokia Corp ADR

🇺🇸 USA · US · Technology · Communication Equipment

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
010 B20 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue20 B €Gross Profit8.8 B € · 44%Operating Income819 M € · 4%Pre-tax Income1.1 B € · 6%Net Income796 M € · 4%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue20 B €+4.3%
Gross Profit8.8 B €+4.1%
Operating Income819 M €-28.0%
EBITDA2.4 B €-20.9%
Net Income796 M €+1.5%

Peer Comparison· Communication Equipment

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
NOK4.3%44.1%12.0%4.0%
Industry median9.2%38.0%10.3%0.3%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
020 B40 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets37.3 B
  • Equity21.2 B €57%
  • Current Liabilities9.6 B €26%
  • Long-term Liabilities6.4 B €17%

Key Figures

YoY change
Total Assets37.3 B €-5.0%
Total Liabilities16 B €-13.2%
Total Equity21.2 B €+2.2%
Cash & ST Investments6.1 B €-15.2%
Total Debt3.3 B €-34.4%
Net Debt-1.6 B €—

Peer Comparison· Communication Equipment

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
NOK1.5715.7%-1.1756.8%
Industry median1.6173.1%0.8537.5%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
02 B4 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
01 B2 B2 B €Operating-812 M €Investing-1.6 B €Financing-465 M €Net Change

Key Figures

YoY change
Operating Cash Flow2 B €-17.6%
Capital Expenditures591 M €+9.7%
Free Cash Flow1.4 B €-25.5%
Dividends Paid-764 M €-205.5%

Peer Comparison· Communication Equipment

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
NOK9.8%6.9%3.0%246.7%
Industry median12.5%11.1%2.3%65.9%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on NOK

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. This content is for informational purposes only and is not investment advice.