Nokia Corporation · Q4 2025
ReportedJan 29, 2026
Period endedDec 31, 2025
Rule of 40+15
The quarter in short
Revenue $7.13B, up 11.5% year over year and 26.3% on the quarter. EPS $0.12, down 25.0% year over year. Free cash flow $263M, up 387.0% year over year and down 47.5% on the quarter. Rule of 40 score +15.
Reported this quarter
Revenue
$7.13B
QoQ +26.3%
YoY +11.5%
EPS
$0.12
QoQ +1100.0%
YoY −25.0%
Free Cash Flow
$263M
QoQ −47.5%
YoY +387.0%
Gross Margin
44.9%
QoQ +1.2 pp
YoY −1.2 pp
FCF Margin
3.7%
QoQ −5.2 pp
YoY +2.8 pp
P/E Ratio
45.8
QoQ +73.5%
YoY +166.5%
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Sources & downloads
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Earnings press release
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SEC filings
Filed with the SEC under CIK 924613.
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6-K results announcement
Filed Jan 29, 2026
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20-F annual report
Period ended Dec 31, 2025, filed Mar 5, 2026
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This quarter (CSV)
Reported metrics for Q4 2025, spreadsheet-ready
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This quarter (JSON)
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