OverviewSuggest Edit

Nokia is a global vendor in the network and IP infrastructure, software, and the related services market. It operates in three segments: Networks, Nokia Software, and Nokia Technologies. The Networks segment is comprised of the Mobile Access, Fixed Access, IP Routing, and Optical Networks businesses. The Nokia Software segment offers solutions for digital experience, digital intelligence, digital operations, 5G, mobile broadband, and IoT. The Nokia Technologies segment is focused on licensing Nokia intellectual property, including patents, technologies, and the Nokia brand. The company serves communications service providers, governments, large enterprises, and consumers.

TypePublic
Founded1865
HQEsbo, FI
Websitenokia.com
Employee Ratings4.1
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)98,322(-4%)
Job Openings1,652
Revenue (FY, 2019)€23.3 B(+4%)
Share Price (Nov 2020)€3.2
Cybersecurity ratingBMore

Key People/Management at Nokia

Pekka Lundmark

Pekka Lundmark

President and Chief Executive Officer (CEO)
Barry French

Barry French

Chief Marketing Officer
Nassib Abou-Khalil

Nassib Abou-Khalil

Chief Legal Officer
Gabriela Styf Sjöman

Gabriela Styf Sjöman

Chief Strategy Officer
Stephanie Werner-Dietz

Stephanie Werner-Dietz

Chief Human Resources Officer
Marcus Weldon

Marcus Weldon

Corporate Chief Technology Officer and President of Nokia Bell Labs
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Nokia Office Locations

Nokia has offices in Esbo, Oulu, Tampere, Alpharetta and in 211 other locations
Esbo, FI (HQ)
Karasvängen 7
Oulu, FI
Kaapelitie 4
Tampere, FI
Hatanpään valtatie 30
Tiranë, AL
Bulevardi Bajram Curri
Alger, DZ
14 Rue des Frères Bouadou
Hydra, DZ
29 Rue des Pins
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Nokia Financials and Metrics

Nokia Revenue

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Nokia's revenue was reported to be €23.32 b in FY, 2019 which is a 3.3% increase from the previous period.
EUR

Revenue (Q3, 2020)

5.3b

Gross profit (Q3, 2020)

2.0b

Gross profit margin (Q3, 2020), %

37.3%

Net income (Q3, 2020)

197.0m

EBIT (Q3, 2020)

350.0m

Market capitalization (13-Nov-2020)

17.9b

Closing stock price (13-Nov-2020)

3.2

Cash (30-Sept-2020)

6.8b

EV

17.8b
Nokia's current market capitalization is €17.9 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

23.1b22.6b23.3b

Revenue growth, %

(2%)(3%)3%

Cost of goods sold

14.0b14.1b15.0b

Gross profit

9.1b8.4b8.3b
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.9b5.3b5.5b5.0b5.7b5.7b4.9b5.1b5.3b

Cost of goods sold

3.1b3.5b3.4b3.5b3.6b3.7b3.1b3.1b3.3b

Gross profit

1.8b1.9b2.0b1.6b2.1b2.0b1.8b2.0b2.0b

Gross profit Margin, %

37%35%37%31%36%35%36%39%37%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

7.4b6.3b5.9b

Accounts Receivable

6.9b4.9b5.0b

Prepaid Expenses

1.3b1.0b908.0m

Inventories

2.6b3.2b2.9b
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

6.6b5.0b4.8b5.9b4.7b4.7b6.2b7.1b6.8b

Accounts Receivable

4.5b4.9b4.8b4.9b4.8b4.5b4.8b4.7b4.1b

Prepaid Expenses

1.1b1.2b1.1b1.0b1.1b1.1b883.0m853.0m937.0m

Inventories

2.8b2.9b3.2b3.5b3.6b3.6b2.8b2.9b2.7b
Annual
EURFY, 2017FY, 2018FY, 2019

Net Income

(1.5b)(335.0m)11.0m

Depreciation and Amortization

1.6b1.5b1.7b

Inventories

(296.0m)(544.0m)285.0m

Cash From Operating Activities

1.8b360.0m390.0m
Quarterly
EURFY, 2017

Revenue/Employee

227.4k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.5 x

P/E Ratio

(17.9)
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Nokia Operating Metrics

Nokia's Enterprise Customers was reported to be 1.3 k in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Countries

130 130 130 120

Patent Families

26 k20 k20 k20 k

Licensees

100 100 100

Enterprise Customers

1 k1.30 k
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Nokia Acquisitions / Subsidiaries

Company NameDateDeal Size
Elenion TechnologiesFebruary 19, 2020
Space Time InsightMay 07, 2018
UniumFebruary 25, 2018
ComptelFebruary 09, 2017$370 m
DeepFieldDecember 01, 2016
WithingsJune 01, 2016$190 m
Nakina SystemsApril 01, 2016
Alcatel - LucentApril 01, 2015$16.60 b
SAC WirelessAugust 01, 2014
earthmineNovember 01, 2012
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Nokia Revenue Breakdown

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Nokia revenue breakdown by business segment: 11.9% from Nokia Software, 78.0% from Networks, 6.3% from Nokia Technologies and 3.8% from Other

Nokia revenue breakdown by geographic segment: 5.8% from India, 5.3% from France, 6.5% from China, 6.7% from Finland, 28.3% from United States and 47.5% from Other

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Nokia Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Nokia Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Nokia Online and Social Media Presence

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Nokia Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    B-

    69/100

  • Compensation

    C+

    65/100

  • Diversity

    C

    63/100

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Nokia Blogs

Life at Nokia: Eshani Johri

Life at Nokia: Eshani Johri j.gacs Fri 06 Nov 2020 Fri 20 Nov 2020Blog Life at Nokia TeamNokia Nokia Culture Eshani Johri I joined Nokia in 2015 with the spirit…
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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 Pekka Lundmark, Barry French and Nassib Abou-Khalil.

  • How many employees does Nokia have?

    Nokia has 98,322 employees.

  • What is Nokia revenue?

    Latest Nokia annual revenue is €23.3 b.

  • What is Nokia revenue per employee?

    Latest Nokia revenue per employee is €237.1 k.

  • Who are Nokia competitors?

    Competitors of Nokia include Telefonica, NEC and ZTE.

  • Where is Nokia headquarters?

    Nokia headquarters is located at Karasvängen 7, Esbo.

  • Where are Nokia offices?

    Nokia has offices in Esbo, Oulu, Tampere, Alpharetta and in 211 other locations.

  • How many offices does Nokia have?

    Nokia has 238 offices.