← NOKIA CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $23.6b | $23.1b | $22.6b | $23.3b | $21.9b | $22.2b | $24.9b | $22.3b | $19.2b | $19.9b | |
| Cost of Goods and Services Sold | $15.1b | $14.0b | $14.1b | $15.0b | $13.7b | $13.4b | $14.7b | $13.6b | $10.4b | $11.2b | |
| Cost of sales | ($15.1b) | ($14.0b) | ($14.1b) | ($15.0b) | ($13.7b) | ($13.4b) | ($14.7b) | ($13.6b) | ($10.4b) | ($11.2b) | |
| Gross Profit | $8.5b | $9.1b | $8.4b | $8.3b | $8.2b | $8.8b | $10.2b | $8.7b | $8.9b | $8.7b | |
| Other operating expenses | ($977.0m) | ($955.0m) | ($712.0m) | ($753.0m) | ($473.0m) | ($113.0m) | ($439.0m) | $91.0m | $105.0m | $112.0m | |
| Additional Financial Items | |||||||||||
| Applicable Tax Rate | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Depreciation Right of Use Assets | — | — | — | $225.0m | $223.0m | $214.0m | $225.0m | $216.0m | — | — | |
| Finance Income | — | — | $85.0m | $165.0m | $156.0m | $43.0m | $86.0m | $425.0m | $405.0m | $257.0m | |
| Other Income | $117.0m | $363.0m | $290.0m | $424.0m | $150.0m | $443.0m | $98.0m | $166.0m | $432.0m | $42.0m | |
| Profit Loss Attributable To Noncontrolling Interests | ($161.0m) | $36.0m | $5.0m | $4.0m | $7.0m | $22.0m | $9.0m | $14.0m | $7.0m | $9.0m | |
| Profit Loss Attributable To Owners Of Parent | ($766.0m) | ($1.5b) | ($340.0m) | $7.0m | ($2.5b) | $1.6b | $4.2b | $665.0m | $1.3b | $651.0m | |
| Profit Loss Before Tax | ($1.4b) | ($510.0m) | ($360.0m) | $156.0m | $743.0m | $1.9b | $2.2b | $1.5b | $2.1b | $915.0m | |
| Profit Loss From Operating Activities | ($1.1b) | $16.0m | ($59.0m) | $485.0m | $885.0m | $2.2b | $2.3b | $1.7b | $2.0b | $885.0m | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | $18.0m | $11.0m | $12.0m | $12.0m | $22.0m | $9.0m | ($26.0m) | ($39.0m) | $7.0m | $19.0m | |
| Operating profit/(loss) | ($1.1b) | $16.0m | ($59.0m) | $485.0m | $885.0m | $2.2b | $2.3b | $1.7b | $2.0b | $885.0m | |
| Share of results of associates and joint ventures | $18.0m | $11.0m | $12.0m | $12.0m | $22.0m | $9.0m | ($26.0m) | ($39.0m) | $7.0m | $19.0m | |
| Profit before tax | ($1.4b) | ($510.0m) | ($360.0m) | $156.0m | $743.0m | $1.9b | $2.2b | $1.5b | $2.1b | $915.0m | |
| Profit from continuing operations | ($912.0m) | ($1.4b) | ($549.0m) | $18.0m | ($2.5b) | $1.7b | $4.2b | $0 | $0 | $0 | |
| Profit/(loss) from discontinued operations | ($15.0m) | ($21.0m) | $214.0m | ($7.0m) | ($3.0m) | ($9.0m) | $49.0m | $5.0m | ($427.0m) | $22.0m | |
| Profit for the year | ($927.0m) | ($1.5b) | ($335.0m) | $11.0m | ($2.5b) | $1.6b | $4.3b | $679.0m | $1.3b | $0 | |
| Equity holders of the parent | ($766.0m) | ($1.5b) | ($340.0m) | $7.0m | ($2.5b) | $1.6b | $4.2b | $665.0m | $1.3b | $651.0m | |
| Non-controlling interests | ($161.0m) | $36.0m | $5.0m | $4.0m | $7.0m | $22.0m | $9.0m | $14.0m | $7.0m | $9.0m | |
| Net Foreign Exchange Loss | $9.0m | $157.0m | $100.0m | $106.0m | $8.0m | $60.0m | — | — | — | — | |
| Basic Earnings (Loss) Per Share | ($0.13) | ($0.26) | ($0.06) | $0.00 | ($0.45) | $0.29 | $0.76 | $0.12 | $0.23 | $0.12 | |
| Diluted Earnings (Loss) Per Share | ($0.13) | ($0.26) | ($0.06) | $0.00 | ($0.45) | $0.29 | $0.75 | $0.12 | $0.23 | $0.12 | |
| Research And Development Expense | $5.0b | $4.9b | $4.6b | $4.4b | $4.1b | $4.2b | $4.5b | $4.3b | $4.5b | $4.9b | |
| Research and development expenses | ($5.0b) | ($4.9b) | ($4.6b) | ($4.4b) | ($4.1b) | ($4.2b) | ($4.5b) | ($4.3b) | ($4.5b) | ($4.9b) | |
| Selling, General and Administrative Expense | $3.8b | $3.6b | $3.5b | $3.1b | $2.9b | $2.8b | $3.0b | $2.9b | $2.9b | $3.1b | |
| Selling, general and administrative expenses | ($3.8b) | ($3.6b) | ($3.5b) | ($3.1b) | ($2.9b) | ($2.8b) | ($3.0b) | ($2.9b) | ($2.9b) | ($3.1b) | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | ($991.0m) | $666.0m | ($341.0m) | ($229.0m) | $3.0b | ($137.0m) | ($2.5b) | $394.0m | ($59.0m) | ($201.0m) | |
| Depreciation And Amortisation Expense | $1.6b | $1.6b | $1.5b | $1.7b | $1.1b | $1.1b | $1.1b | $1.1b | $973.0m | $1.1b | |
| Employee Benefits Expense | $7.8b | $7.8b | $7.8b | $7.2b | $7.3b | $7.5b | $7.9b | $7.5b | $7.6b | $7.8b | |
| Expense From Share-Based Payment Transactions With Employees | $130.0m | $99.0m | $62.0m | $77.0m | $76.0m | $118.0m | $149.0m | $202.0m | $239.0m | $337.0m | |
| Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used | — | — | — | $26.0m | $22.0m | $13.0m | — | — | — | — | |
| Finance Costs | — | — | — | — | $320.0m | $284.0m | $194.0m | $575.0m | $320.0m | $246.0m | |
| Other Employee Expense | $951.0m | $845.0m | — | — | — | — | — | — | — | — | |
| Other Finance Cost | $144.0m | $64.0m | $17.0m | $98.0m | $73.0m | $44.0m | $81.0m | $26.0m | $6.0m | $32.0m | |
| Other Operating Income Expense | $117.0m | $363.0m | $290.0m | $424.0m | $150.0m | $443.0m | $98.0m | $166.0m | $432.0m | $154.0m | |
| Postemployment Benefit Expense Defined Benefit Plans | $222.0m | $214.0m | $234.0m | $31.0m | $153.0m | $157.0m | $101.0m | $156.0m | $157.0m | $167.0m | |
| Postemployment Benefit Expense Defined Contribution Plans | $236.0m | $231.0m | $246.0m | $220.0m | $209.0m | $223.0m | $241.0m | $251.0m | $242.0m | $261.0m | |
| Financial expenses | — | — | ($398.0m) | ($506.0m) | ($320.0m) | ($284.0m) | ($194.0m) | ($575.0m) | ($320.0m) | ($246.0m) | |
| Interest Expense On Lease Liabilities | — | — | — | $28.0m | $25.0m | $24.0m | $26.0m | $28.0m | $31.0m | $35.0m | |
| Income Tax Expense Continuing Operations | ($457.0m) | $927.0m | $189.0m | $138.0m | $3.3b | $272.0m | ($2.0b) | $825.0m | $380.0m | $277.0m | |
| Income tax expense | $457.0m | ($927.0m) | ($189.0m) | ($138.0m) | ($3.3b) | ($272.0m) | $2.0b | ($825.0m) | ($380.0m) | ($277.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.