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Nokia revenue increased from €22.6 billion in 2018 to €23.3 billion in 2019, a 3.3% increase.

Annual Revenue ()

Nokia revenue was €23.32 b in FY, 2019 which is a 3.3% year over year increase from the previous period.

Quarterly Revenue ()

FY, 2017FY, 2018FY, 2019
Revenue€23.15 b€22.56 b€23.32 b
Growth(2%)(2.52%)3.33%
Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019
Revenue€5.38 b€5.62 b€5.50 b€4.92 b€5.31 b€5.46 b€5.03 b€5.69 b€5.69 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

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

FY, 2019FY, 2018FY, 2017
Group Common and Other897 m974 m1.06 b
Global Services5.71 b5.81 b
Nokia Technologies1.47 b1.49 b1.64 b
IP Networks and Applications5.72 b5.74 b
Ultra Broadband Networks8.69 b8.97 b
Nokia Software2.77 b
Networks18.21 b
FY, 2019FY, 2018FY, 2017
India1.35 b1.63 b1.46 b
France1.23 b1.18 b1.30 b
Other11.07 b10.24 b10.63 b
China1.51 b1.75 b2.08 b
Finland1.55 b1.56 b1.70 b
United States6.61 b6.20 b5.99 b

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