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Nokia (NOK) earnings and revenue breakdown

Latest: Q3 2026 · 6-K filed Oct 22, 2026 · Nokia (NOK) Q3 2026 earnings results →

Q3 2026 3¢ of every $1 of revenue kept as net profit · operating margin 3.8%

Nokia made $5.2B in Q3 2026. Operating margin 3.8%, net earnings $156M. See where every dollar goes — costs, profit and cash — as a Sankey from the 6-K filed Oct 22, 2026.

Revenue$5.2B
Year over year—
Operating margin3.8%
Net earnings$156M
Operating cash flow—

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was €5.2B in Q3 2026.

Operating profit was €0.20B, a 3.8% margin. Net earnings were €0.16B. The effective tax rate was 0.0%.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 20266-KOct 22, 2026$5.2B—3.8%$156M—

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

In its own words, from its 6-K, filed Oct 22, 2026.

Nokia against its Radio & Tv Broadcasting & Communications Equipment peers

The largest companies of the same SEC industry, each at its latest quarter. Operating margin: 3.8% against the peers' median 7.2%.

CompanyQuarterRevenueY/YOp. margin
NOK NokiaQ3 2026$5.9B—3.8%
QCOM QualcommQ4 FY26$10.3B-8%13.1%
ERIC Ericsson LM TelephoneQ3 2026$6.2B+6%6.1%
MSI Motorola SolutionsQ3 2026$3.4B+12%23.0%
UI UbiquitiQ1 FY27$1.0B+40%38.1%
VISN Vistance NetworksQ3 2026$320M-38%7.2%
HLIT HarmonicQ3 2026$149M+64%17.6%
AVNW Aviat NetworksQ4 FY26$121M+5%4.8%
PL Planet Labs PBCQ2 FY27$116M+58%-11.6%

Source: Nokia 6-K on SEC EDGAR · CIK 924613 · Radio & Tv Broadcasting & Communications Equipment

13F: who owns NOK and who is buying

Largest holders of NOK (13F)Largest holders of NOK (13F)NVIDIA$2.2BFMR LLC$2.1BArrowstreet Capital, Limited Part…$507MAlkeon Capital Management LLC$478MMorgan Stanley$441MMarshall Wace, LLP$439MVoya Investment Management LLC$362MCapital World Investors$340MBank of America$338MSusquehanna International Group, …$315M
Funds' net buying of NOK by quarter (13F)Funds' net buying of NOK by quarter (13F)$255M2024-09$90.9M2024-12$397M2025-03−$24.0M2025-06$278M2025-09$2.1B2025-12$830M2026-03−$894M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on NOK

History

Every quarter: Q3 2026 results

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中文版:Nokia(NOK)财报

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