Craft

Nokia

Stock Price

€3.5

2024-05-08

Market Capitalization

€20.8 B

2023-05-03

Revenue

€22.3 B

FY, 2023

Nokia Summary

Company Summary

Overview
Nokia is a company that provides mobile, fixed, and cloud network solutions for communications service providers, industrial, consumer, and public sectors. It operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment delivers products for radio access networks and microwave radio links for transport networks, solutions for network management, network planning, optimization, deployment, and technical support services. The Network Infrastructure segment includes fiber, fixed wireless access technologies, copper, IP routing, data centers, subsea and terrestrial optical networks, and related services. The Cloud and Network Services segment offers network solutions, security, automation, and monetization business applications, cloud-native software, etc. The Nokia Technologies segment primarily focuses on monetizing intellectual property, including patents, technologies, and the Nokia brand.
Type
Public
Status
Active
Founded
1865
HQ
Espoo, FI | view all locations
Website
https://www.nokia.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Pekka Lundmark

    Pekka Lundmark, President and Chief Executive Officer

  • Esa Niinimäki

    Esa Niinimäki, Chief Legal Officer

  • Ricky Corker
  • Marco Wirén

    Marco Wirén, Chief Financial Officer

Operating MetricsView all

Countries

130

FY, 2022

Private Wireless Customers

675
31.1%

Q3, 2023

Private 5G Wireless Customers

100
25.0%

FY, 2022

LocationsView all

214 locations detected

  • Espoo HQ

    Finland

    Karakaari 7

  • Ann Arbor, MI

    United States

    111 North Ashley

  • Austin, TX

    United States

    10431 Morado Cir v

  • Bellevue, WA

    United States

    1100 112th Ave NE

  • Dallas, TX

    United States

    3201 Olympus Blvd

  • Dublin, OH

    United States

    5455 Rings Road, Atrium II, South Tower

and 208 others

Nokia Financials

Summary Financials

Revenue (Q1, 2024)
€4.7B
Gross profit (Q1, 2024)
€2.5B
Net income (Q1, 2024)
€439.0M
Cash (Q1, 2024)
€6.6B
EBIT (Q1, 2024)
€400.0M
Enterprise value
$19.0B

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