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Nokia Oyj
Nokia Oyj Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 22,119 | 70.2 | 2.23 | 0.16 | 898.95 |
| Oct 2026 | 22,163 | 69.4 | 2.20 | 0.16 | 886.71 |
| Oct 2026 | 22,252 | 67.8 | 2.15 | 0.16 | 866.70 |
| Oct 2026 | 22,209 | 68.6 | 2.17 | 0.16 | 874.21 |
| Oct 2026 | 22,588 | 61.9 | 1.96 | 0.16 | 788.71 |
Nokia Oyj Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 4,815,000,000.0 | 4,497,000,000.0 | 6,125,000,000.0 | 4,828,000,000.0 |
| Net Profit | 2,000,000.0 | 86,000,000.0 | 542,000,000.0 | 78,000,000.0 |
| EPS | 0.0 | 0.0 | 0.1 | — |
Nokia Oyj Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 19,889,000,000.0 | 19,220,000,000.0 | 21,138,000,000.0 | 23,761,000,000.0 | — |
| Net Profit | 651,000,000.0 | 1,277,000,000.0 | 665,000,000.0 | 4,250,000,000.0 | — |
| EPS | 0.1 | 0.2 | 0.1 | 0.8 | — |
Nokia Oyj Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 37,597,000,000.0 | 39,149,000,000.0 | 39,860,000,000.0 | 42,943,000,000.0 | — |
| Total Liabilities | 16,539,000,000.0 | 18,402,000,000.0 | 19,232,000,000.0 | 21,517,000,000.0 | — |
| Total Equity | 20,967,000,000.0 | 20,657,000,000.0 | 20,537,000,000.0 | 21,333,000,000.0 | — |
Owes vs Owns
Nokia Oyj owed €0.43 for every €1 it owned in Jun 2026, down from €0.50 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.43× | 0.44× | 0.47× | 0.48× | 0.50× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Nokia Oyj Assets & Liabilities Breakdown (EUR millions)
What it owns — Dec 2025
Cash & short-term investments 18.0%Receivables 17.8%Inventory 5.9%Fixed assets (tangible) 6.6%Intangible assets 19.7%Long-term investments 4.3%Other assets 27.8%
How it's funded — Dec 2025
Short-term debt 2.9%Long-term debt 6.2%Payables 7.9%Other liabilities 27.0%Shareholders' equity 56.0%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 6,763.0 | 8,913.0 | 8,240.0 | 9,162.0 |
| Receivables | 6,677.0 | 6,738.0 | 6,941.0 | 7,416.0 |
| Inventory | 2,209.0 | 2,163.0 | 2,719.0 | 3,265.0 |
| Fixed assets (tangible) | 2,490.0 | 2,120.0 | 2,857.0 | 2,944.0 |
| Intangible assets | 7,395.0 | 6,538.0 | 6,590.0 | 6,930.0 |
| Long-term investments | 1,620.0 | 1,763.0 | 1,903.0 | 1,976.0 |
| Other assets | 10,443.0 | 10,914.0 | 10,610.0 | 11,250.0 |
| Liabilities & equity | ||||
| Short-term debt | 1,084.0 | 969.0 | 554.0 | 228.0 |
| Long-term debt | 2,329.0 | 2,918.0 | 3,637.0 | 4,249.0 |
| Payables | 2,978.0 | 3,213.0 | 3,423.0 | 4,730.0 |
| Other liabilities | 10,148.0 | 11,302.0 | 11,618.0 | 12,310.0 |
| Shareholders' equity | 21,058.0 | 20,747.0 | 20,628.0 | 21,426.0 |
| Net tangible assets | 13,572.0 | 14,119.0 | 13,947.0 | 14,403.0 |
Nokia Oyj Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 2,071,000,000.0 | 2,493,000,000.0 | 1,317,000,000.0 | 1,474,000,000.0 | — |
| Investing Activities | -1,396,000,000.0 | -117,000,000.0 | 1,043,000,000.0 | -1,880,000,000.0 | — |
| Financing Activities | -1,610,000,000.0 | -2,003,000,000.0 | -1,502,000,000.0 | -837,000,000.0 | — |