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Nokia (NOK) Q1 2025 earnings results (first quarter 2025)
6-K filed Apr 24, 2025
Nokia (NOK) reported revenue of $4.4B for the first quarter 2025 (Q1 2025), -1% from a year earlier. Operating margin was -1.1%, net earnings $153M (3.5% of revenue).
Nokia, Q1 2025: revenue $4.4B (-1% year over year), operating margin -1.1%, net earnings $153M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | — | -1% |
| Operating profit | −$48.0M | — | — |
| Net earnings | $153M | — | — |
What changed
Revenue was €4.4B in Q1 2025, down 1% year over year.
Operating costs exceeded revenue by €0.05B, an operating margin of -1.1%. Total costs grew 10% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were €0.15B, down 70% year over year. The effective tax rate was 0.0%. Non-operating items added €0.20B, 131% of pre-tax earnings, so the bottom line overstates operating performance.
Questions
What was Nokia's revenue in the first quarter 2025?
Nokia (NOK) reported revenue of $4.4B for the first quarter 2025 (Q1 2025), -1% from a year earlier.
Was Nokia profitable in the first quarter 2025?
Operating loss was $48.0M (-1.1% of revenue) and net earnings $153M.
Source: Nokia 6-K on SEC EDGAR.