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Nokia (NOK) Q3 2026 vs Q2 2026 (quarter over quarter)

Nokia's revenue rose $854M (+20%) from $4.3B in Q2 2026 to $5.2B in Q3 2026. Operating margin 3.8% against 0.1% (+3.7 pts).

Nokia, Q3 2026: revenue $5.2B (+7% year over year), operating margin 3.8%, net earnings $156M. The chart draws each line against Q2 2026, the increases inside each band.

Nokia: what changed, Q3 2026 vs Q2 2026Nokia: what changed, Q3 2026 vs Q2 2026Pre-tax earnings$216MNet earnings$216MOperating profit$192MOther expense, net−$24.0M

Margins

Q3 2026Q2 2026Change
Operating margin3.8%0.1%+3.7 pts
Net margin3.0%-1.4%+4.4 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$5.2B$4.3B$854M+20%
Operating profit$196M$4.0M$192M49×
Pre-tax earnings$156M−$60.0M$216M—
Other expense, net$40.0M$64.0M−$24.0M-38%
Net earnings$156M−$60.0M$216M—

Questions

How much did Nokia's revenue grow quarter over quarter in Q3 2026?

Nokia's revenue rose $854M (+20%) from $4.3B in Q2 2026 to $5.2B in Q3 2026. Operating margin 3.8% against 0.1% (+3.7 pts).

Q3 2026 results → · Compare in the interactive Sankey →