Nokia expands comparable profit as AI and cloud demand strengthens
Nokia ($NOK) reported third-quarter 2026 sales of €5.15 billion, up 10% on a reported basis and 9% at constant currency. Comparable operating profit increased 35% to €605 million, with margin rising to 11.7%. Sales to AI and cloud customers more than doubled, while Network Infrastructure revenue increased 15% at constant currency. Reported operating profit nevertheless fell 22% to €196 million because of accelerated restructuring and integration costs. Nokia maintained its 2026 comparable operat