NOKNokia Oyj

$10.38+119% 1Y

Is it growing?

Watch

Growth is fading: earnings down −48% year on year and operating margin narrowing (−5.3 points).

2 to watch, 1 neutral
Revenue trend+3% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: −2% a year.

Earnings trend−48% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction−5.3 points operating

Trailing-twelve-month operating margin, 4.4% now against 9.7% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is NOK growing?

Nokia Oyj has grown revenue −5.8% a year over three years and −1.9% a year over five, with earnings per share compounding at −46%.

−5.8%

Revenue growth, 3-year annual rate · Communication Equipment median +13% · shrinking · compounded from fiscal years as filed

Revenue growth, 5-year rate
−1.9%

Revenue growth, 5-year rate · −5.8% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
−46%

Earnings per share, 3-year rate · revenue −5.8% · earnings lagged revenue: the growth is costing something

Years of annual history on file
11

Years of annual history on file · FY2015 to FY2025, as filed

Details›
Revenue FY2021
$22.2B
Revenue FY2022
$23.8B
Revenue FY2023
$21.1B
Revenue FY2024
$19.2B
Revenue FY2025
$19.9B

Annual income statements as filed with the SEC.