Below are the financial statements of Nokia, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 19,220a | 21,138a | 23,761a |
| Cost of sales | -10,356a | -12,592a | -13,660a |
| Gross profit | 8,864a | 8,546a | 10,101a |
| Research and development expenses | -4,512a | -4,277a | -4,503a |
| Selling, general and administrative expenses | -2,890a | -2,878a | -2,956a |
| Other operating income | 432a | 167a | 95a |
| Other operating expenses | -105a | -103a | -438a |
| Operating profit | 1,999a | 1,661a | 2,299a |
| Share of results of associates and joint ventures | 7a | -39a | -26a |
| Financial income | 405a | 426a | 178a |
| Financial expenses | -320a | -579a | -282a |
| Profit before tax | 2,091a | 1,469a | 2,169a |
| Income tax (expense)/benefit | -380a | -820a | -2,033a |
| Profit from continuing operations | 1,711a | 649a | 4,202a |
| (Loss)/profit from discontinued operations | -427a | 30a | 57a |
| Profit for the year | 1,284a | 679a | 4,259a |
| Attributable to | — | — | — |
| Equity holders of the parent | 1,277a | 665a | 4,250a |
| Non-controlling interests | 7a | 14a | 9a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.