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Nokia (NOK) Q2 2025 earnings results (second quarter 2025)
6-K filed Jul 24, 2025
Nokia (NOK) reported revenue of $4.6B for the second quarter 2025 (Q2 2025), +2% from a year earlier. Operating margin was 1.8%, net earnings $96.0M (2.1% of revenue).
Nokia, Q2 2025: revenue $4.6B (+2% year over year), operating margin 1.8%, net earnings $96.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | — | +2% |
| Operating profit | $81.0M | — | -81% |
| Net earnings | $96.0M | — | — |
What changed
Revenue was €4.6B in Q2 2025, up 2% year over year.
Operating profit was €0.08B, a 1.8% margin (down 7.9 points year over year). Operating profit fell €0.35B even though revenue rose €0.09B versus a year earlier, so costs grew faster than sales. Total costs grew 11% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+17%). Net earnings were €0.10B. The effective tax rate was 0.0%.
Questions
What was Nokia's revenue in the second quarter 2025?
Nokia (NOK) reported revenue of $4.6B for the second quarter 2025 (Q2 2025), +2% from a year earlier.
Was Nokia profitable in the second quarter 2025?
Operating profit was $81.0M (1.8% of revenue) and net earnings $96.0M.
Source: Nokia 6-K on SEC EDGAR.