Nokia Research and Development Expenses 2010-2023 | NOK
Nokia annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Nokia research and development expenses for the quarter ending December 31, 2023 were $1.178B, a 6.26% decline year-over-year.
- Nokia research and development expenses for the twelve months ending December 31, 2023 were $4.683B, a 2.31% decline year-over-year.
- Nokia annual research and development expenses for 2023 were $4.683B, a 2.31% decline from 2022.
- Nokia annual research and development expenses for 2022 were $4.794B, a 3.85% decline from 2021.
- Nokia annual research and development expenses for 2021 were $4.986B, a 6.79% increase from 2020.
Nokia Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$4,683 |
| 2022 |
$4,794 |
| 2021 |
$4,986 |
| 2020 |
$4,669 |
| 2019 |
$4,940 |
| 2018 |
$5,456 |
| 2017 |
$5,557 |
| 2016 |
$5,427 |
| 2015 |
$2,361 |
| 2014 |
$3,314 |
| 2013 |
$3,479 |
| 2012 |
$6,150 |
| 2011 |
$7,816 |
| 2010 |
$7,785 |
| 2009 |
$8,241 |
Nokia Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$1,178 |
| 2023-09-30 |
$1,177 |
| 2023-06-30 |
$1,139 |
| 2023-03-31 |
$1,189 |
| 2022-12-31 |
$1,256 |
| 2022-09-30 |
$1,173 |
| 2022-06-30 |
$1,161 |
| 2022-03-31 |
$1,203 |
| 2021-12-31 |
$1,282 |
| 2021-09-30 |
$1,222 |
| 2021-06-30 |
$1,281 |
| 2021-03-31 |
$1,201 |
| 2020-12-31 |
$1,467 |
| 2020-09-30 |
$1,046 |
| 2020-06-30 |
$1,067 |
| 2020-03-31 |
$1,089 |
| 2019-12-31 |
$1,183 |
| 2019-09-30 |
$1,179 |
| 2019-06-30 |
$1,266 |
| 2019-03-31 |
$1,313 |
| 2018-12-31 |
$1,327 |
| 2018-09-30 |
$1,306 |
| 2018-06-30 |
$1,389 |
| 2018-03-31 |
$1,434 |
| 2017-12-31 |
$1,448 |
| 2017-09-30 |
$1,424 |
| 2017-06-30 |
$1,336 |
| 2017-03-31 |
$1,348 |
| 2016-12-31 |
$1,358 |
| 2016-09-30 |
$1,335 |
| 2016-06-30 |
$1,368 |
| 2016-03-31 |
$1,366 |
| 2015-12-31 |
$301 |
| 2015-09-30 |
$547 |
| 2015-06-30 |
$740 |
| 2015-03-31 |
$772 |
| 2014-12-31 |
$880 |
| 2014-09-30 |
$831 |
| 2014-06-30 |
$796 |
| 2014-03-31 |
$807 |
| 2013-12-31 |
$-306 |
| 2013-09-30 |
$1,180 |
| 2013-06-30 |
$1,269 |
| 2013-03-31 |
$1,335 |
| 2012-12-31 |
$1,452 |
| 2012-09-30 |
$1,400 |
| 2012-06-30 |
$1,582 |
| 2012-03-31 |
$1,716 |
| 2011-12-31 |
$1,893 |
| 2011-09-30 |
$1,879 |
| 2011-06-30 |
$2,037 |
| 2011-03-31 |
$2,007 |
| 2010-12-31 |
$2,092 |
| 2010-09-30 |
$1,815 |
| 2010-06-30 |
$1,892 |
| 2010-03-31 |
$1,986 |
| 2009-12-31 |
$2,312 |
| 2009-09-30 |
$1,981 |
| 2009-06-30 |
$1,986 |
| 2009-03-31 |
$1,962 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Wireless Equipment Manufacturers |
$19.431B |
$24.088B |
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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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