Nokia Profit Margin 2010-2023 | NOK
Current and historical gross margin, operating margin and net profit margin for Nokia (NOK) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Nokia net profit margin as of December 31, 2023 is 3.9%.
| Nokia Annual Profit Margins |
| Nokia Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Wireless Equipment Manufacturers |
$20.727B |
$24.088B |
|
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.
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