Nokia Cost of Goods Sold 2012-2026 | NOK

Nokia annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Nokia cost of goods sold for the quarter ending March 31, 2026 was $2.937B, a 8.63% increase year-over-year.
  • Nokia cost of goods sold for the twelve months ending March 31, 2026 was $12.939B, a 14.82% increase year-over-year.
  • Nokia annual cost of goods sold for 2025 was $12.706B, a 13.38% increase from 2024.
  • Nokia annual cost of goods sold for 2024 was $11.206B, a 23.7% decline from 2023.
  • Nokia annual cost of goods sold for 2023 was $14.688B, a 5.09% decline from 2022.
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Nokia Annual Cost of Goods Sold
(Millions of US $)
2025 $12,706
2024 $11,206
2023 $14,688
2022 $15,476
2021 $15,816
2020 $15,603
2019 $16,788
2018 $16,672
2017 $15,833
2016 $16,774
2015 $7,824
2014 $9,430
2013 $9,782
2012 $28,019
2011 $38,079
Nokia Quarterly Cost of Goods Sold
(Millions of US $)
2026-03-31 $2,937
2025-12-31 $3,902
2025-09-30 $3,177
2025-06-30 $2,923
2025-03-31 $2,703
2024-12-31 $3,236
2024-09-30 $2,605
2024-06-30 $2,725
2024-03-31 $2,640
2023-12-31 $3,580
2023-09-30 $3,326
2023-06-30 $3,849
2023-03-31 $3,933
2022-12-31 $4,408
2022-09-30 $3,763
2022-06-30 $3,737
2022-03-31 $3,567
2021-12-31 $4,465
2021-09-30 $3,777
2021-06-30 $3,775
2021-03-31 $3,799
2020-12-31 $4,869
2020-09-30 $3,878
2020-06-30 $3,398
2020-03-31 $3,459
2019-12-31 $4,655
2019-09-30 $4,133
2019-06-30 $4,079
2019-03-31 $3,921
2018-12-31 $4,722
2018-09-30 $3,999
2018-06-30 $4,118
2018-03-31 $3,834
2017-12-31 $4,749
2017-09-30 $3,896
2017-06-30 $3,722
2017-03-31 $3,466
2016-12-31 $4,306
2016-09-30 $4,100
2016-06-30 $4,016
2016-03-31 $4,352
2015-12-31 $1,964
2015-09-30 $1,934
2015-06-30 $1,852
2015-03-31 $2,075
2014-12-31 $2,735
2014-09-30 $2,449
2014-06-30 $2,261
2014-03-31 $1,984
2013-12-31 $-5,589
2013-09-30 $5,123
2013-06-30 $4,947
2013-03-31 $5,301
2012-12-31 $7,074
2012-09-30 $6,567
2012-06-30 $7,403
2012-03-31 $6,975
2011-12-31 $9,633
2011-09-30 $9,162
2011-06-30 $9,271
Sector Industry Market Cap Revenue
Computer and Technology Wireless Equipment Manufacturers $54.322B $22.497B
The core business of Nokia is telecommunication. Nokia mainly has four reportable segments' Mobile Networks, Network Infrastructure, Cloud and Network Services & Nokia Technologies. Mobile Networks includes mobile network products, network deployment and technical support services and related network management. It offers the full portfolio for customers who want to buy mobile access networks. It targets leadership in key technologies such as 5G, ORAN and vRAN. Network Infrastructure: Under this, Nokia provides net sales disclosure for Fixed Networks, IP Networks, Optical Networks and Submarine Networks. Cloud & Network Services includes the Nokia Software business, Nokia's enterprise solutions, core network solutions including both voice and packet core, and managed and advanced services from its Global Services unit. Nokia Technologies includes diverse technology features designed to bring the human family closer together.
Stock Name Country Market Cap PE Ratio
Motorola Solutions (MSI) United States $72.081B 31.40
Ubiquiti (UI) United States $56.024B 67.18
Ericsson (ERIC) Sweden $40.047B 17.22
AST SpaceMobile (ASTS) United States $36.253B 0.00
InterDigital (IDCC) United States $9.049B 24.40
Viasat (VSAT) United States $7.641B 98.68
Clearfield (CLFD) United States $0.372B 87.61
Aviat Networks (AVNW) United States $0.284B 10.00
Comtech Telecommunications (CMTL) United States $0.110B 0.00
Energous (WATT) United States $0.098B 0.00
DNA X (SONM) United States $0.003B 0.00
UTime (WTO) $0.000B 0.00