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Nokia (NOK) Q2 2026 vs Q2 2025 (year over year)

Nokia's revenue fell $143M (-3%) from $4.4B in Q2 2025 to $4.3B in Q2 2026.

Nokia, Q2 2026: revenue $4.3B (-3% year over year), operating margin 0.1%, net loss $60.0M. The chart draws each line against Q2 2025, the increases inside each band.

Nokia: what changed, Q2 2026 vs Q2 2025Nokia: what changed, Q2 2026 vs Q2 2025Net loss$156MCosts & expenses−$83.0MInterest & other, net$13.0MCost of revenue$1.0MOperating expenses−$1.0M

Every line

LineQ2 2026Q2 2025Change%
Revenue$4.3B$4.4B−$143M-3%
Net loss$60.0M−$96.0M$156M—
Costs & expenses$4.4B$4.4B−$83.0M-2%
Operating costs$4.3B$4.3B$00%
Interest & other, net$64.0M$51.0M$13.0M+25%
Cost of revenue$2.5B$2.5B$1.0M0%
Operating expenses$1.8B$1.8B−$1.0M-0.1%

Questions

How much did Nokia's revenue grow year over year in Q2 2026?

Nokia's revenue fell $143M (-3%) from $4.4B in Q2 2025 to $4.3B in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →