Nokia Corporation (NYSE: NOK)

Communication Equipment · Espoo, Finland · Founded 1865

$22.0B

Market Cap

$44.28B

Revenue

86,000

Employees

$5.54B

Net Income

📊 Key Statistics for Nokia Corporation (NOK)

Market capitalization: $22.0 billion
Annual revenue: $44.28 billion
Net income: $5.54 billion
Employees: 86,000
Sector: Technology
Headquarters: Espoo, Finland
Founded: 1865

Source: Statvoo company profile for Nokia Corporation. Browse all 500+ companies

📋 About Nokia Corporation

Nokia is a Finnish telecom equipment and technology licensing company. Once the world's dominant mobile phone maker, they've reinvented themselves as a network infrastructure provider competing with Ericsson and Huawei. They also earn significant royalties from their massive patent portfolio.

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💰 How Nokia Corporation Makes Money

Network infrastructure sales to telecom operators (mobile networks, fixed networks, IP routing), plus patent licensing revenue from their portfolio of over 20,000 patent families. The licensing business is high-margin and provides a floor under earnings regardless of equipment cycles.

📜 Key Milestones

Founded in 1865 as a paper mill, Nokia pivoted to telecommunications in the 1990s and became the world's largest mobile phone maker. The smartphone revolution destroyed their handset business, and they sold it to Microsoft in 2014 for $7.2 billion. The acquisition of Alcatel-Lucent in 2016 rebuilt them as a network equipment company.

📊 Financial Overview

Market Capitalization	$22.0B
Annual Revenue	$44.28B
Net Income	$5.54B
Profit Margin	13%
Revenue per Employee	$514884K
Stock Exchange	NYSE
Ticker Symbol	NOK

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

Nokia went from the world's most valuable phone brand to selling its handset business in less than a decade — one of the most dramatic corporate declines in history. Bell Labs, which Nokia inherited through Alcatel-Lucent, has produced 9 Nobel Prize winners.

📝 Analyst Take

Nokia's reinvention as a network equipment company has been solid if unspectacular. The patent licensing business is the hidden gem that investors underappreciate.

❓ Frequently Asked Questions