Nokia (NOK) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Nokia Corporation  (NYSE: NOK)
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

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Description of Nokia's Business Segments


Nokia Corporation is a multinational telecommunications and consumer electronics company headquartered in Finland. Over the years, Nokia has undergone significant transformations, evolving from a traditional telecommunications equipment manufacturer to a diversified technology company. While the companys historical focus was on mobile phones, it has shifted its emphasis towards network infrastructure, technology development, and various services. Below is a detailed examination of the segments, products, and services that Nokia offers:

1. Network Infrastructure

Nokia is a leading provider of telecommunications infrastructure, with a wide range of products and solutions that enable mobile operators, governments, and enterprises to build and maintain robust communication networks.

1.1 Mobile Networks
- Radio Access Network (RAN): Nokia offers solutions in 4G LTE and 5G RAN technology, providing equipment for base stations and antennas that enable seamless mobile connectivity.
- 5G Solutions: With rapid advancements in 5G technologies, Nokia provides end-to-end 5G solutions, including Massive MIMO, RAN intelligent controllers, and network slicing capabilities.

1.2 Fixed Networks
- Broadband Access: Solutions include fiber optics, DSL, and cable broadband, catering to high-speed data demands across residential and business segments.
- Network Management: Tools and software that assist service providers in managing their networks, ensuring reliability, performance optimization, and operational efficiency.

1.3 Core Network Solutions
- Evolved Packet Core (EPC): Nokias EPC enables high-performance mobile data services and is essential for the management of mobile data traffic.
- 5G Core: Offers cloud-native core architectures to support a new level of service complexity and flexibility.

Cloud and Network Services

Nokia provides a range of services to help network operators deploy and manage cloud-based solutions and services that enhance efficiency and performance.

1 Cloud Infrastructure
- Cloud-Native Solutions: Development of cloud-native applications for telecom networks, facilitating agile service delivery and scalability.
- Network Function Virtualization (NFV): Virtualization of network services to increase operational agility and reduce costs associated with hardware dependencies.

2 Network Management and Automation
- AI-Driven Operations: Nokia leverages artificial intelligence and machine learning to enhance network management, predictive maintenance, and root-cause analysis.
- Service Delivery Platforms: Platforms that enable service providers to manage service creation, delivery, and optimization across various environments.

Nokia Technologies

This segment encompasses Nokias research and development efforts, focusing on innovations in various technology areas including intellectual property and licensing.

1 Patents and Licensing
Nokia holds a significant portfolio of essential patents related to telecommunications standards (e.g. 2G, 3G, 4G, 5G) which it licenses to other companies, generating revenue through royalties.

2 R&D Investments
Investment in research and development to foster innovation across mobile standards, AI, Internet of Things (IoT), and new digital experiences.

Digital Automation

Nokia also offers digital automation solutions aimed at transforming industrial sectors by improving operational efficiency and connectivity.

1 Industrial IoT (IIoT)
- Private Wireless Networks: Solutions that provide secure and reliable low-latency wireless connectivity for industrial applications, including manufacturing, logistics, and smart cities.
- Smart Factory Solutions: Automation and optimization of production lines through networked sensors and data analytics.

2 Cloud and Edge Computing
Enabling low-latency computing for applications that require real-time data processing, enhancing operational efficiency in various industries.

Consumer Products

While Nokias focus has shifted away from mobile phones in recent years, it still offers a select range of consumer devices.

1 Mobile Devices
- Feature Phones: Nokia continues to produce iconic feature phones that emphasize durability and battery life, appealing to markets where smartphones are less prevalent.
- Smartphones: Through partnerships, Nokia provides Android smartphones that incorporate the latest technology while maintaining affordability.

2 Accessories
A range of accessories, such as protective cases, chargers, and even wearable technology, that complements their mobile devices.

Services and Support

Nokia offers comprehensive services to ensure the effective operation of its products and solutions.

1 Managed Services
Outsourced network operations that help telecommunications companies manage their infrastructure effectively, ensuring high availability and performance.

2 Professional Services
Consultative services for network design, implementation, and optimization, helping customers to maximize the effectiveness of their telecommunications investments.

3 Training and Support
Educational programs and resources for customers and partners to empower them with knowledge regarding Nokias products and services, facilitating enhanced operational outcomes.

Conclusion

Nokia Corporation has transformed into a multifaceted technology leader, with diversified offerings ranging from network infrastructure and cloud services to digital automation and consumer products. Its ongoing commitment to innovation and adaptation in the ever-evolving telecommunications landscape positions it as a key player in shaping future connectivity and technological advancements across various sectors.




Annual Report on Nokia Corporation Divisions, Sales by Country

 
Network Infrastructure   Network Infrastructure Segment contribution to total sales 40.12 % of total Revenue
Mobile Networks   Mobile Networks Segment contribution to total sales 39.22 % of total Revenue
Cloud and Network Services   Cloud and Network Services Segment contribution to total sales 13.1 % of total Revenue
Nokia Technologies   Nokia Technologies Segment contribution to total sales 7.55 % of total Revenue
Group Common and Other   Group Common and Other Segment contribution to total sales 0.09 % of total Revenue
Optical Networks   Optical Networks Segment contribution to total sales 15.18 % of total Revenue
IP Networks   IP Networks Segment contribution to total sales 13.04 % of total Revenue
Fixed Networks   Fixed Networks Segment contribution to total sales 11.93 % of total Revenue
Elimination of interamounts Network Infrastructure   Elimination of interamounts Network Infrastructure Segment contribution to total sales 0.03 % of total Revenue
Elimination of interamounts Mobile Networks   Elimination of interamounts Mobile Networks Segment contribution to total sales 0.03 % of total Revenue
Eliminations and unallocated items   Eliminations and unallocated items Segment contribution to total sales -0.08 % of total Revenue
Eliminations and unallocated items Other Segments   Eliminations and unallocated items Other Segments Segment contribution to total sales -0.06 % of total Revenue
Reportable segments   Reportable segments Segment contribution to total sales 100.14 % of total Revenue
Restructuring and associated charges Eliminations and unallocated items   Restructuring and associated charges Eliminations and unallocated items Segment contribution to total sales -0.74 % of total Revenue
Amortization and depreciation of acquired intangible assets and property plant and equipment Eliminations and unallocated items   Amortization and depreciation of acquired intangible assets and property plant and equipment Eliminations and unallocated items Segment contribution to total sales -0.03 % of total Revenue
Release of acquisition-related fair value adjustments to deferred revenue and inventory Eliminations and unallocated items   Release of acquisition-related fair value adjustments to deferred revenue and inventory Eliminations and unallocated items Segment contribution to total sales -0.08 % of total Revenue
Provision for contractual claims Eliminations and unallocated items   Provision for contractual claims Eliminations and unallocated items Segment contribution to total sales -0.33 % of total Revenue
Other Eliminations and unallocated items   Other Eliminations and unallocated items Segment contribution to total sales 0.02 % of total Revenue
Total reconciling items Eliminations and unallocated items   Total reconciling items Eliminations and unallocated items Segment contribution to total sales -0.14 % of total Revenue
Finland   Finland Segment contribution to total sales 7.25 % of total Revenue
United States   United States Segment contribution to total sales 26.36 % of total Revenue
India   India Segment contribution to total sales 6.86 % of total Revenue
Great Britain   Great Britain Segment contribution to total sales 3.07 % of total Revenue
Other   Other Segment contribution to total sales 45.76 % of total Revenue


Twelve months ended 2025
NOK s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Network Infrastructure 8,937.60 40.12 %
Mobile Networks 8,736.00 39.22 %
Cloud and Network Services 2,918.72 13.1 %
Nokia Technologies 1,681.12 7.55 %
Group Common and Other 19.04 0.09 %
Optical Networks 3,381.28 15.18 %
IP Networks 2,905.28 13.04 %
Fixed Networks 2,657.76 11.93 %
Elimination of interamounts Network Infrastructure 6.72 0.03 %
Elimination of interamounts Mobile Networks 6.72 0.03 %
Eliminations and unallocated items -16.80 -0.08 %
Eliminations and unallocated items Other Segments -13.44 -0.06 %
Reportable segments 22,305.92 100.14 %
Restructuring and associated charges Eliminations and unallocated items -165.76 -0.74 %
Amortization and depreciation of acquired intangible assets and property plant and equipment Eliminations and unallocated items -5.60 -0.03 %
Release of acquisition-related fair value adjustments to deferred revenue and inventory Eliminations and unallocated items -16.80 -0.08 %
Provision for contractual claims Eliminations and unallocated items -73.92 -0.33 %
Other Eliminations and unallocated items 4.48 0.02 %
Total reconciling items Eliminations and unallocated items -30.24 -0.14 %
Finland 1,615.00 7.25 %
United States 5,871.00 26.36 %
India 1,528.00 6.86 %
Great Britain 683.00 3.07 %
Other 10,192.00 45.76 %
Total 22,275.08 100 %


Twelve months ended 2025
NOK s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 739.20 3.32 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Network Infrastructure 22.45 % -
Mobile Networks -4.34 % -
Cloud and Network Services 0.7 % -
Nokia Technologies -22.15 % -
Group Common and Other -48.48 % -
Optical Networks 84.54 % -
IP Networks 0.43 % -
Fixed Networks 3.22 % -
Elimination of interamounts Network Infrastructure 500 % -
Elimination of interamounts Mobile Networks 50 % -
Eliminations and unallocated items - -
Eliminations and unallocated items Other Segments - -
Reportable segments 3.58 % -
Restructuring and associated charges Eliminations and unallocated items - -
Other Eliminations and unallocated items -42.86 % -
Finland -21.6 % -
United States 16.67 % -
India 11.86 % -
Great Britain 7.56 % -
Other 0.64 % -
IP networks - -
Optical networks - -
Fixed networks - -
Elimination of interamounts Cloud and Network Services - -
Elimination of interamounts Group Common and Other - -
Elimination of interamounts Other segments - -
France - -
Total 3.48 % -48.6 %
Reportable Eliminations and unallocated items - -
Impairment and write-off of assets net of reversals Eliminations and unallocated items - -



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