Nokia Oyj (NOK) Revenue & Revenue Breakdown


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Nokia Oyj Revenue Highlights


Latest Revenue (Y)

$22.26B

Latest Revenue (Q)

$4.67B

Main Geography (Y)

North America

Nokia Oyj Revenue by Period


Nokia Oyj Revenue by Year

DateRevenueChange
2023-12-31$22.26B-10.65%
2022-12-31$24.91B12.20%
2021-12-31$22.20B1.53%
2020-12-31$21.87B-6.21%
2019-12-31$23.32B3.33%
2018-12-31$22.56B-2.52%
2017-12-31$23.15B-1.98%
2016-12-31$23.61B88.93%
2015-12-31$12.50B-1.83%
2014-12-31$12.73B0.18%
2013-12-31$12.71B-57.88%
2012-12-31$30.18B-21.94%
2011-12-31$38.66B-8.92%
2010-12-31$42.45B3.57%
2009-12-31$40.98B-19.37%
2008-12-31$50.83B-0.60%
2007-12-31$51.14B24.36%
2006-12-31$41.12B20.36%
2005-12-31$34.17B16.82%
2004-12-31$29.25B-0.54%
2003-12-31$29.40B-2.13%
2002-12-31$30.04B-3.85%
2001-12-31$31.25B2.58%
2000-12-31$30.46B53.61%
1999-12-31$19.83B49.53%
1998-12-31$13.26B50.36%
1997-12-31$8.82B29.97%
1996-12-31$6.79B3.59%
1995-12-31$6.55B-

Nokia Oyj generated $22.26B in revenue during NA 2023, up -10.65% compared to the previous quarter, and up 98.65% compared to the same period a year ago.

Nokia Oyj Revenue by Quarter

DateRevenueChange
2024-03-31$4.67B-18.22%
2023-12-31$5.71B14.55%
2023-09-30$4.98B-12.75%
2023-06-30$5.71B-2.54%
2023-03-31$5.86B-21.35%
2022-12-31$7.45B19.36%
2022-09-30$6.24B6.27%
2022-06-30$5.87B9.82%
2022-03-31$5.35B-16.62%
2021-12-31$6.41B18.80%
2021-09-30$5.40B1.62%
2021-06-30$5.31B4.67%
2021-03-31$5.08B-22.72%
2020-12-31$6.57B24.06%
2020-09-30$5.29B3.97%
2020-06-30$5.09B3.64%
2020-03-31$4.91B-28.83%
2019-12-31$6.90B21.40%
2019-09-30$5.69B-0.14%
2019-06-30$5.69B13.16%
2019-03-31$5.03B-26.74%
2018-12-31$6.87B25.85%
2018-09-30$5.46B2.73%
2018-06-30$5.31B7.90%
2018-03-31$4.92B-25.97%
2017-12-31$6.65B20.93%
2017-09-30$5.50B-2.12%
2017-06-30$5.62B4.48%
2017-03-31$5.38B-19.02%
2016-12-31$6.64B12.75%
2016-09-30$5.89B5.50%
2016-06-30$5.58B1.53%
2016-03-31$5.50B52.37%
2015-12-31$3.61B18.87%
2015-09-30$3.04B-5.39%
2015-06-30$3.21B0.41%
2015-03-31$3.20B-15.94%
2014-12-31$3.80B14.38%
2014-09-30$3.32B12.98%
2014-06-30$2.94B10.44%
2014-03-31$2.66B-159.20%
2013-12-31$-4.50B-179.48%
2013-09-30$5.66B-0.58%
2013-06-30$5.70B-2.68%
2013-03-31$5.85B-27.22%
2012-12-31$8.04B11.08%
2012-09-30$7.24B-4.02%
2012-06-30$7.54B2.56%
2012-03-31$7.35B-26.50%
2011-12-31$10.01B11.41%
2011-09-30$8.98B-3.18%
2011-06-30$9.28B-10.81%
2011-03-31$10.40B-17.80%
2010-12-31$12.65B23.18%
2010-09-30$10.27B-47.40%
2010-06-30$19.52B105.05%
2010-03-31$9.52B-20.57%
2009-12-31$11.99B22.20%
2009-09-30$9.81B-1.03%
2009-06-30$9.91B6.88%
2009-03-31$9.27B-27.69%
2008-12-31$12.83B4.93%
2008-09-30$12.22B-7.14%
2008-06-30$13.16B4.02%
2008-03-31$12.65B-

Nokia Oyj generated $4.67B in revenue during Q1 2024, up -18.22% compared to the previous quarter, and up 62.65% compared to the same period a year ago.

Nokia Oyj Revenue Breakdown


Nokia Oyj Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Middle East and Africa$1.97B$1.92B---
Latin America$1.22B$1.23B$995.00M$1.47B$1.38B
India region$1.29B$1.04B---
Greater China$1.58B$1.54B$1.38B$1.84B$2.17B
Europe$6.66B$6.63B$6.62B$6.62B$6.49B
North America$8.39B$7.28B$7.12B$6.95B$6.57B
Asia Pacific$2.65B$2.56B$3.85B$4.56B$4.08B
Middle East And Africa--$1.89B$1.88B$1.87B
Other Country----$10.24B
U----$6.20B
I----$1.63B
C----$1.75B

Nokia Oyj's latest annual revenue breakdown by geography, as of Dec 22: North America (35.30%), Europe (28.04%), Asia Pacific (11.14%), Middle East and Africa (8.29%), Greater China (6.65%), India region (5.43%), and Latin America (5.15%).

Nokia Oyj Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CSCOCisco Systems$53.80B$12.70B
HPEHewlett Packard Enterprise Company$29.14B$7.71B
NOKNokia Oyj$22.26B$4.67B
MSIMotorola Solutions$9.98B$2.63B
JNPRJuniper Networks$5.56B$1.19B
CIENCiena$4.39B$942.31M
INFNInfinera$1.61B$342.74M
LITELumentum$1.36B$366.50M
EXTRExtreme Networks$1.12B$211.04M
VIAVViavi Solutions$1.00B$246.00M
CLFDClearfield$268.72M$48.79M
AAOIApplied Optoelectronics$217.65M$43.27M

NOK Revenue FAQ


Nokia Oyj's yearly revenue for 2023 was $22.26B, representing a decrease of -10.65% compared to 2022. The company's yearly revenue for 2022 was $24.91B, representing an increase of 12.20% compared to 2021. NOK's yearly revenue for 2021 was $22.2B, representing an increase of 1.53% compared to 2020.

Nokia Oyj's quarterly revenue for Q1 2024 was $4.67B, a -18.22% decrease from the previous quarter (Q4 2023), and a -20.34% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $5.71B, a 14.55% increase from the previous quarter (Q3 2023), and a -23.39% decrease year-over-year (Q4 2022). NOK's quarterly revenue for Q3 2023 was $4.98B, a -12.75% decrease from the previous quarter (Q2 2023), and a -20.17% decrease year-over-year (Q3 2022).

Nokia Oyj's revenue growth rate for the last 3 years (2021-2023) was 0.25%, and for the last 5 years (2019-2023) was -4.53%.