Nokia
Telecom and data-center network equipment · Finland
Nokia, the former phone maker, now builds the optical, IP and mobile network equipment that telecom operators, cloud companies and AI data centres run on, and licenses its large portfolio of mobile patents to device makers.
What makes it different
Patent licensing earns 70 cents on every euro.
70.6%Nokia Technologies operating marginFY2025
Nokia Technologies licenses phone and video patents with a 70.6% operating margin, funding research across the rest of Nokia.
How big it is
How big is Nokia?
€19.9BNet salesFY2025
€19.5BOrder backlogFY2025
78,005Average employeesFY2025
How it makes money FY2025
Networks for operators and data centres.
- Network Infrastructure40%€8.0B
- Mobile Networks39%€7.8B
- Cloud and Network Services13%€2.6B
- Nokia Technologies8%€1.5B
How the business works
Network gear for operators and AI data centres.
- 1Bell Labs and 5G patents
- 2Optical, IP, radio networks
- 3Patents to device makers
Optical and IP gear for AI data centres is the growth engine, while 5G radio and patent licensing fund it with steady cash.
Who owns it
- Solidium Oy (Finnish state)5.66%
- Varma Mutual Pension Insurance Company1.59%
- Ilmarinen Mutual Pension Insurance Company1.38%
CEO: Justin Hotard
Who it competes with
Key moments
- 1865Nokia starts as a wood pulp mill
- 990sFocus on telecoms in the 1990s
- 4-25Phone business sold to Microsoft
- 6-01Alcatel Lucent acquisition closed
- 2-28Infinera acquisition completed
Sources
Every number on this page comes from Nokia's own reports.
Full profile
The rest of the story is in the app.
What Nokia tracks15 metrics
Patent families
Patent families declared essential to 5G
Commercial 5G agreements
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from7 regions
North America
Europe
Middle East & Africa
The full timeline15 moments
2024
2025
2026
Nokia vs Ericssonside by side
Revenue
Profit
People
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