Nokia Operating Margin Growth & History (NOK)
Nokia's operating margin was 4.45% for fiscal 2025.
View full Nokia company overviewNokia annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 4.45% | −5.80 pp |
| 2024 | 2024-12-31 | 10.25% | +2.05 pp |
| 2023 | 2023-12-31 | 8.20% | −1.48 pp |
| 2022 | 2022-12-31 | 9.68% | −0.04 pp |
| 2021 | 2021-12-31 | 9.72% | +5.67 pp |
| 2020 | 2020-12-31 | 4.05% | +1.97 pp |
| 2019 | 2019-12-31 | 2.08% | +2.34 pp |
| 2018 | 2018-12-31 | −0.26% | −0.33 pp |
| 2017 | 2017-12-31 | 0.07% | +4.72 pp |
| 2016 | 2016-12-31 | −4.65% | −18.16 pp |
| 2015 | 2015-12-31 | 13.51% | — |
Nokia quarterly operating margin
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −1.04% | −4.37 pp |
| Q1 2026 | 2026-03-31 | 1.40% | — |
| Q4 2025 | 2025-12-31 | 7.13% | — |
| Q3 2025 | 2025-09-30 | 4.95% | — |
| Q2 2025 | 2025-06-30 | 3.33% | — |
Nokia operating margin trends
Over the last five fiscal years, Nokia's operating margin increased from 4.05% to 4.45%, a change of +0.40 percentage points. The latest reported quarter, Q2 2026, shows −1.04%.
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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