OverviewSuggest Edit

Nokia is a global vendor in the network and IP infrastructure, software, and the related services market. It operates in 3 segments: Networks, Nokia Software, and Nokia Technologies. The Networks segment provides net sales disclosure for the Mobile Access, Fixed Access, IP Routing, and Optical Networks businesses. The Nokia Software segment offers carrier-grade software applications and platforms to provide operations and business support systems, build, deliver, and optimize services. 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
HQEspoo, FI
Websitenokia.com
Employee Ratings4.1
Culture scoreC

Latest Updates

Employees (est.) (Dec 2019)98,322(-4%)
Job Openings1,358
Revenue (FY, 2019)€23.3 B(+4%)
Share Price (May 2020)€3.5 (+2%)

Key People/Management at Nokia

Rajeev Suri

Rajeev Suri

President and Chief Executive Officer
Gabriela Styf Sjöman

Gabriela Styf Sjöman

Chief Strategy Officer
Barry French

Barry French

Chief Marketing Officer
Stephanie Werner

Stephanie Werner

Chief Human Resources Officer
Nassib Abou-Khalil

Nassib Abou-Khalil

Chief Legal Officer
Kristian Pullola

Kristian Pullola

Chief Financial Officer
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Nokia Office Locations

Nokia has offices in Espoo, Helsinki, Oulu, Tampere and in 240 other locations
Espoo, FI (HQ)
Karakaari 7
Helsinki, FI
Salmisaarenaukio 1
Oulu, FI
Kaapelitie 4
Tampere, FI
Hatanpään valtatie 30
Kabul, AF
Shar E Now, Ansari Square, Kolula Pushta Road, Street No. 2, House No.1
Tirana, AL
Blv. Bajram Curri, European Trade Center, 9th floor
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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 (FY, 2019)

23.3b

Revenue growth (FY, 2018 - FY, 2019), %

3.3%

Gross profit (FY, 2019)

8.3b

Gross profit margin (FY, 2019), %

35.7%

Net income (FY, 2019)

11.0m

EBIT (FY, 2019)

485.0m

Market capitalization (20-May-2020)

19.4b

Closing stock price (20-May-2020)

3.5

Cash (31-Dec-2019)

5.9b

EV

18.8b
Nokia's current market capitalization is €19.4 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, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

5.4b5.6b5.5b4.9b5.3b5.5b5.0b5.7b5.7b

Cost of goods sold

3.3b3.4b3.3b3.1b3.5b3.4b3.5b3.6b3.7b

Gross profit

2.1b2.2b2.2b1.8b1.9b2.0b1.6b2.1b2.0b

Gross profit Margin, %

40%40%40%37%35%37%31%36%35%
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, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

6.0b6.6b5.4b6.6b5.0b4.8b5.9b4.7b4.7b

Accounts Receivable

6.7b6.4b6.8b4.5b4.9b4.8b4.9b4.8b4.5b

Prepaid Expenses

1.3b1.6b1.4b1.1b1.2b1.1b1.0b1.1b1.1b

Inventories

2.9b3.0b3.0b2.8b2.9b3.2b3.5b3.6b3.6b
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
EURY, 2019

EV/EBIT

38.8 x

EV/CFO

48.3 x

Revenue/Employee

237.1k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.5 x
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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
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
SmarterphoneNovember 01, 2011
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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 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 News and Updates

World’s Fastest 5G: Nokia Beats Ericsson With New 5G Speed Record

Nokia has set a new record for the world’s fastest 5G speeds, beating the previous record set by Ericsson just a few months ago.

Thinking about buying stock in American Airlines, Cronos Group, Nokia, Penn National Gaming, or Snap?

NEW YORK, April 17, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAL, CRON, NOK, PENN, and SNAP. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Nokia shares spike on report of takeover bid

Shares in Nokia rose almost 4% on Friday, after a media report said the Finnish telecoms group had hired bankers to defend it against a potential hostile takeover.
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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, Gabriela Styf Sjöman and Barry French.

  • 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 Huawei, ZTE and Samsung.

  • Where is Nokia headquarters?

    Nokia headquarters is located at Karakaari 7, Espoo.

  • Where are Nokia offices?

    Nokia has offices in Espoo, Helsinki, Oulu, Tampere and in 240 other locations.

  • How many offices does Nokia have?

    Nokia has 276 offices.