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Nokia Corporation engages in the network and technology businesses. The Company operates through four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides mobile networking solutions, including hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals, and fixed networking solutions, such as copper based solutions, fiber-to-the-home solutions, gigabit passive optical networks, and network implementation. Nokia also provides IP/optical networking solutions, including IP routing and optical transport systems, software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms. 
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TypePublic
Founded1865
HQEspoo, FI
Websitenokia.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Nov 2018)103,000
Job Openings1,588
Revenue (FY, 2017)€23.1 B(-2%)
Share Price (Feb 2019)$6.3 (+2%)

Key People/Management at Nokia

Rajeev Suri

Rajeev Suri

President and Chief Executive Officer (CEO)
Kristian Pullola

Kristian Pullola

CFO
Joerg Erlemeier

Joerg Erlemeier

Chief Operating Officer (COO)
Basil Alwan

Basil Alwan

Co-President of IP/Optical Networks
Sri Reddy

Sri Reddy

Co-President of IP/Optical Networks
Bhaskar Gorti

Bhaskar Gorti

President of Nokia Software
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Nokia Office Locations

Nokia has offices in Espoo, Tampere, Oulu, Vanda and in 138 other locations
Espoo, FI (HQ)
Karaportti 3 FI-02610
Tampere, FI
25 Rautatienkatu
Vanda, FI
3 Teknobulevarden
Bir Mourad Raïs, DZ
3 Freres Bouadou Road
Hydra, DZ
Rue des Pins
Luanda, AO
133 R. Maj. Kanhangulo
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Nokia Financials and Metrics

Nokia Revenue

Nokia's revenue was reported to be €23.15 b in FY, 2017 which is a 2.1% decrease from the previous period.
EUR

Revenue (FY, 2017)

23.1b

Revenue growth (FY, 2016 - FY, 2017), %

(2.1%)

Gross profit (FY, 2017)

9.1b

Gross profit margin (FY, 2017), %

39.5%

Net income (FY, 2017)

(1.5b)

EBIT (FY, 2017)

16.0m

Market capitalization (13-Feb-2019)

35.3b

Closing stock price (13-Feb-2019)

6.3

Cash (31-Dec-2017)

7.4b

EV

31.7b
Nokia's current market capitalization is $35.3 b.
EURFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

11.8b11.8b12.5b23.6b23.1b

Revenue growth, %

0%6%89%(2%)

Cost of goods sold

14.0b

Gross profit

9.1b
EURFY, 2017

Cash

7.4b

Accounts Receivable

6.9b

Prepaid Expenses

1.3b

Inventories

2.6b
EURFY, 2017

Net Income

(1.5b)

Cash From Operating Activities

1.8b

Purchases of PP&E

(601.0m)

Cash From Investing Activities

10.0m
EURY, 2017

EV/EBIT

2 k x

EV/CFO

17.5 x

Revenue/Employee

226.7k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.5 x
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Nokia Operating Metrics

FY, 2015

Patents Issued

30 k

Patents and Patent Applications

9.90 k
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Nokia Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Space Time InsightMay 07, 2018
UniumFebruary 25, 2018
ComptelFebruary 09, 2017$370 m

Nokia Revenue Breakdown

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Nokia revenue breakdown by business segment: 25.0% from Global Services, 7.1% from Nokia Technologies, 24.7% from IP Networks and Applications, 38.6% from Ultra Broadband Networks and 4.6% from Other

Nokia revenue breakdown by geographic segment: 6.3% from India, 5.6% from France, 9.0% from China, 7.3% from Finland, 25.9% from United States and 45.9% from Other

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Nokia Online and Social Media Presence

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Nokia News and Updates

Connected Mobility Solutions Market 2019 Global Analysis By Key Players – Mitsubishi Motors, Robert Bosch GmbH, Siemens AG, Cisco System, Nokia Networks, Molex Incorporated

WiseGuyReports.Com Publish a New Market Research Report On –“ Connected Mobility Solutions Market 2019 Global Analysis By Key Players – Mitsubishi Motors, Robert Bosch GmbH, Siemens AG, Cisco System, Nokia Networks, Molex Incorporated”. Posted via Industry Today. Follow us on Twitter @IndustryToday

UPDATE 1-Rakuten picks Nokia as partner for Japanese mobile network

Japanese e-commerce firm Rakuten has picked Nokia Oyj as a key partner for its new mobile network in Japan, which is due to launch later this year, the Finnish company said on Wednesday.

New Nokia 9 PureView Leak Confirms Stunning Finnish Smartphone

Ahead of the MWC reveal, more details of the Nokia 9 PureView have come to light, as it appeared both in the Google Play store as a compatible handset, and (briefly) appearing on Google’s Enterprise Recommended site.

Re-living the startup experience - Florian Sieche HMD Global CEO on resurrecting Nokia

Florian Sieche, CEO of HMD Global, talks to YourStory on how the Nokia brand is working its way to the top spot, and how the firm aims to make India its number one market. Florian Sieche, Global CEO ...
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Nokia Blogs

Nokia's sustainability report is rated the best in Finland

Nokia's sustainability report is rated the best in Finland Press Release Nokia's People and Planet 2017 Sustainability Report wins Finland's best sustainability report of the year award for the first time, beating 42 other organizations Nokia's sustainability reporting received th…

Nokia's GPON technology to power world-class broadband experience for subscribers of India's GTPL Hathway

Nokia's GPON technology to power world-class broadband experience for subscribers of India's GTPL Hathway Nokia's Gigabit Passive Optical Networking (GPON) technology will be used by GTPL to modernize its end-to-end network to meet the growing need of ultra high-speed broadband needs …

Nokia Chennai factory first to manufacture 5G radio equipment in India

Nokia Chennai factory first to manufacture 5G radio equipment in India First telecom factory in India to start manufacturing 5G base stations Chennai is one of the largest telecom manufacturing unit in India, catering to both domestic and the international markets and shipping to over …

Nokia and BSNL to jointly explore public safety initiatives in India leveraging Nokia ViTrust critical communications portfolio

Nokia and BSNL to jointly explore public safety initiatives in India leveraging Nokia ViTrust critical communications portfolio Companies sign agreement to enhance the quality of public safety in the world's second most populous country Nokia to become BSNL's Original Equipment Manu…

du showcases Nokia's Digital Experience technology at GITEX as part of its company-wide digitalization strategy

du showcases Nokia's Digital Experience technology at GITEX as part of its company-wide digitalization strategy Press Release  Nokia solution helps organizations to increase efficiency to better serve customers Delivers significant cost savings by dramatically decreasing inbound call…

Nokia collaborates with BSNL to leverage Industry 4.0 for manufacturing excellence at Nokia's Chennai factory

Nokia collaborates with BSNL to leverage Industry 4.0 for manufacturing excellence at Nokia's Chennai factory Project marks India's first 'real-world' application of Industry 4.0 at the Nokia Conscious Factory in Chennai Nokia increases levels of automation for enhanced efficiency…
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Nokia Company Life and Culture

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Nokia Frequently Asked Questions

  • When was Nokia founded?

    Nokia was founded in 1865.

  • Who are Nokia key executives?

    Nokia's key executives are Rajeev Suri, Kristian Pullola and Joerg Erlemeier.

  • How many employees does Nokia have?

    Nokia has 103,000 employees.

  • What is Nokia revenue?

    Latest Nokia annual revenue is €23.1 b.

  • What is Nokia revenue per employee?

    Latest Nokia revenue per employee is €224.7 k.

  • Who are Nokia competitors?

    Competitors of Nokia include CommScope, Huawei and Meizu.

  • Where is Nokia headquarters?

    Nokia headquarters is located at Karaportti 3 FI-02610, Espoo.

  • Where are Nokia offices?

    Nokia has offices in Espoo, Tampere, Oulu, Vanda and in 138 other locations.

  • How many offices does Nokia have?

    Nokia has 149 offices.