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Nokia (NOK) R&D spending by quarter

Nokia's R&D spending was $1.4B in Q4 2025 (fourth quarter 2025), +17% from Q3 2025. Over the last 3 quarters it ranged from $1.2B (Q2 2025) to $1.4B (Q4 2025).

Nokia R&D spending by quarterNokia R&D spending by quarter$1.2BQ2 2025$1.2BQ3 2025$1.4BQ4 2025
QuarterR&D spendingQ/QY/Y
Q4 2025$1.4B+17%—
Q3 2025$1.2B+1%—
Q2 2025$1.2B——

Q4 2025 at a glance

Nokia, Q4 2025: revenue $6.1B (+2% year over year), operating margin 8.8%, net earnings $544M. The chart follows the revenue to costs, profit and cash.

Questions

What is Nokia's R&D spending?

Nokia's R&D spending was $1.4B in Q4 2025 (fourth quarter 2025), +17% from Q3 2025.

How has Nokia's R&D spending changed?

Over the last 3 quarters it ranged from $1.2B (Q2 2025) to $1.4B (Q4 2025).

Q4 2025 results → · How Nokia makes money →