Nokia annual operating expenses
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Nokia Operating Expenses Growth & History (NOK)
Nokia's operating expenses was €7.77B for fiscal 2025.
View full Nokia company overviewNokia annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €7.77B | €880.0M | +12.76% |
| 2024 | 2024-12-31 | €6.89B | €81.0M | +1.19% |
| 2023 | 2023-12-31 | €6.81B | −€989.0M | −12.68% |
| 2022 | 2022-12-31 | €7.80B | €1.13B | +16.87% |
| 2021 | 2021-12-31 | €6.68B | −€632.0M | −8.65% |
| 2020 | 2020-12-31 | €7.31B | −€471.0M | −6.05% |
| 2019 | 2019-12-31 | €7.78B | −€592.0M | −7.07% |
| 2018 | 2018-12-31 | €8.37B | −€752.0M | −8.24% |
| 2017 | 2017-12-31 | €9.12B | −€501.0M | −5.21% |
| 2016 | 2016-12-31 | €9.62B | €5.72B | +146.77% |
| 2015 | 2015-12-31 | €3.90B | — | — |
Nokia quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €2.20B | €390.0M | +21.59% |
| Q1 2026 | 2026-03-31 | €1.93B | — | — |
| Q4 2025 | 2025-12-31 | €2.32B | — | — |
| Q3 2025 | 2025-09-30 | €1.87B | — | — |
| Q2 2025 | 2025-06-30 | €1.81B | — | — |
Nokia operating expenses trends
Over the last five fiscal years, Nokia's operating expenses increased from €7.31B to €7.77B, a change of €466.0M. The latest reported quarter, Q2 2026, shows €2.20B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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