What is the current annual gross margin of NOK?

As of today, NOK annual gross margin is 42.08%

What is 1-year change in NOK annual gross margin?

NOK annual gross margin is down -10.33% year-over-year

What is 3-year change in NOK annual gross margin?

NOK annual gross margin is up +0.89% over the past 3 years

How far is NOK annual gross margin from its all-time high?

NOK annual gross margin is currently -10.33% below its historical high of 46.93% set on December 31, 2024

How does NOK annual gross margin rank versus sector peers?

NOK annual gross margin is higher than 52.72% of companies in Technology sector

When is NOK next annual earnings release?

The next annual earnings release for NOK is on January 28, 2027

What is the current quarterly gross margin of NOK?

As of today, NOK quarterly gross margin is 43.69%

What is NOK quarterly gross margin most recent change?

NOK quarterly gross margin was down -3.02% on September 30, 2026

What is 1-year change in NOK quarterly gross margin?

NOK quarterly gross margin is up +3.09% year-over-year

How far is NOK quarterly gross margin from its all-time high?

NOK quarterly gross margin is currently -23.63% below its historical high of 57.21% set on December 31, 1997

How does NOK quarterly gross margin rank versus sector peers?

NOK quarterly gross margin is higher than 48.56% of companies in Technology sector

When is NOK next earnings release?

The next earnings release for NOK is on January 28, 2027

Nokia Oyj (NOK) Gross Margin History & Chart Since 1991

Annual Gross Margin

42.08%4.85%-10.33%

December 31, 2025

Summary

Current Value: As of today, NOK annual gross margin is 42.08%, down -10.33% on December 31, 2025
Historical Performance: NOK annual gross margin is up +0.89% over the past 3 years, up +12.27% over the past 5 years
All-Time High Comparison: NOK annual gross margin is currently -10.33% below its historical high of 46.93% set on December 31, 2024
3-Year Low Comparison: NOK annual gross margin is +2.26% above its 3-year low of 41.15% reached on December 31, 2023
Sector Comparison: NOK annual gross margin is higher than 52.72% of companies in Technology sector

Gross Margin Chart

beforeafter

Performance

NOK Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	42.08%	-10.3%	+0.9%	+12.3%	+55.7%
Quarterly Gross Margin	Sep 30, 26	43.69%	+3.1%	+12.0%	+12.1%	+55.1%
Price	Nov 11, 26	$8.53	+23.6%	+144.3%	+49.3%	+26.3%
PE Ratio	Nov 11, 26	53.75	+38.4%	+985.9%	–	+75.8%
Annual Revenue	Dec 31, 25	$22.45B	+8.0%	-14.3%	-9.9%	-60.0%
Annual Gross Profit	Dec 31, 25	$9.45B	-3.2%	-13.5%	+1.1%	-37.8%
Annual Operating Margin	Dec 31, 25	8.28%	-33.5%	-27.2%	-14.8%	+76.5%
Annual Net Margin	Dec 31, 25	3.21%	-63.9%	-81.0%	+127.9%	+1.6%

Gross Margin Highs

NOK Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	46.93%	Dec 31, 24	-10.3%
5Y	46.93%	Dec 31, 24	-10.3%
All	46.93%	Dec 31, 24	-10.3%

Gross Margin Lows

NOK Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	41.15%	Dec 31, 23	+2.3%
5Y	37.48%	N/A	+12.3%
All	17.56%	Dec 1, 92	+139.6%

Gross Margin History

Year	Value	Change
2025	42.08%	-10.3%
2024	46.93%	+14.0%
2023	41.15%	-1.3%
2022	41.71%	+1.9%
2021	40.93%	+9.2%
2020	37.48%	+15.2%
2019	32.53%	-2.3%
2018	33.29%	-5.0%
2017	35.05%	+10.2%
2016	31.80%	-23.9%
2015	41.78%	+4.4%
2014	40.02%	+4.4%
2013	38.34%	+37.9%
2012	27.80%	+7.6%
2011	25.83%	-4.4%
2010	27.02%	-5.7%
2009	28.66%	-9.5%
2008	31.66%	-3.3%

Year	Value	Change
2007	32.75%	+3.7%
2006	31.58%	-6.2%
2005	33.67%	-6.0%
2004	35.82%	-6.6%
2003	38.34%	+7.2%
2002	35.78%	+7.9%
2001	33.15%	-4.9%
2000	34.87%	-0.1%
1999	34.89%	+0.4%
1998	34.75%	+9.6%
1997	31.71%	+22.8%
1996	25.82%	-8.1%
1995	28.09%	-9.5%
1994	31.05%	+48.4%
1993	20.92%	+19.1%
1992	17.56%	-2.2%
1991	17.95%	-

FAQ

What is the current annual gross margin of NOK?: As of today, NOK annual gross margin is 42.08%
What is 1-year change in NOK annual gross margin?: NOK annual gross margin is down -10.33% year-over-year
What is 3-year change in NOK annual gross margin?: NOK annual gross margin is up +0.89% over the past 3 years
How far is NOK annual gross margin from its all-time high?: NOK annual gross margin is currently -10.33% below its historical high of 46.93% set on December 31, 2024
How does NOK annual gross margin rank versus sector peers?: NOK annual gross margin is higher than 52.72% of companies in Technology sector
When is NOK next annual earnings release?: The next annual earnings release for NOK is on January 28, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

43.69%1.36%-3.02%

September 30, 2026

Summary

Current Value: As of today, NOK quarterly gross margin is 43.69%, down -3.02% on September 30, 2026
Historical Performance: NOK quarterly gross margin is up +3.09% year-over-year, up +12.00% over the past 3 years
All-Time High Comparison: NOK quarterly gross margin is currently -23.63% below its historical high of 57.21% set on December 31, 1997
3-Year Low Comparison: NOK quarterly gross margin is +12.00% above its 3-year low of 39.01% reached on an earlier date
Sector Comparison: NOK quarterly gross margin is higher than 48.56% of companies in Technology sector

Performance

NOK Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	43.69%	-3.0%	+3.1%	+12.0%	+12.1%
Annual Gross Margin	Dec 31, 25	42.08%	–	-10.3%	+0.9%	+12.3%
Price	Nov 11, 26	$8.53	-9.7%	+23.6%	+144.3%	+49.3%
PE Ratio	Nov 11, 26	53.75	-17.6%	+38.4%	+985.9%	–
Quarterly Revenue	Sep 30, 26	$5.93B	+5.9%	+7.8%	+15.8%	-6.8%
Quarterly Gross Profit	Sep 30, 26	$2.59B	+2.7%	+11.2%	+29.6%	+4.4%
Quarterly Operating Margin	Sep 30, 26	16.51%	+7.1%	+158.8%	+253.5%	+64.1%
Quarterly Net Margin	Sep 30, 26	3.41%	+508.9%	+78.5%	+23.6%	-47.4%

Quarterly Gross Margin Highs

NOK Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	45.05%	Jun 30, 26	-3.0%
3Y	48.69%	Mar 31, 24	-10.3%
5Y	48.69%	Mar 31, 24	-10.3%
All	57.21%	Dec 31, 97	-23.6%

Quarterly Gross Margin Lows

NOK Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	42.38%	N/A	+3.1%
3Y	39.01%	N/A	+12.0%
5Y	36.15%	Mar 31, 23	+20.9%
All	0.00%	Mar 31, 98	N/A

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	43.69%	-3.0%
Jun 2026	45.05%	+1.2%
Mar 2026	44.53%	-1.0%
Dec 2025	45.00%	+6.2%
Sep 2025	42.38%	-0.8%
Jun 2025	42.72%	+6.6%
Mar 2025	40.09%	-12.6%
Dec 2024	45.86%	+5.5%
Sep 2024	43.48%	+0.9%
Jun 2024	43.10%	-11.5%
Mar 2024	48.69%	+17.2%
Dec 2023	41.56%	+6.5%
Sep 2023	39.01%	+1.1%
Jun 2023	38.60%	+6.8%
Mar 2023	36.15%	-16.8%
Dec 2022	43.47%	+12.6%
Sep 2022	38.60%	-0.9%
Jun 2022	38.94%	+0.2%
Mar 2022	38.86%	-3.0%
Dec 2021	40.08%	+2.8%
Sep 2021	38.99%	-3.7%
Jun 2021	40.47%	+11.5%
Mar 2021	36.29%	-13.1%
Dec 2020	41.75%	+17.8%
Sep 2020	35.44%	-5.5%
Jun 2020	37.52%	+9.3%
Mar 2020	34.33%	-6.1%
Dec 2019	36.57%	+5.6%
Sep 2019	34.63%	+4.5%
Jun 2019	33.13%	+5.5%
Mar 2019	31.40%	-21.9%
Dec 2018	40.20%	+8.6%
Sep 2018	37.01%	+5.7%
Jun 2018	35.01%	-4.5%
Mar 2018	36.66%	-6.0%
Dec 2017	38.99%	-1.9%
Sep 2017	39.76%	-0.5%
Jun 2017	39.95%	+1.1%
Mar 2017	39.53%	-2.0%
Dec 2016	40.32%	+6.5%
Sep 2016	37.87%	+4.0%
Jun 2016	36.42%	+27.3%
Mar 2016	28.60%	-37.6%
Dec 2015	45.80%	+8.8%
Sep 2015	42.09%	-8.6%
Jun 2015	46.06%	+8.5%
Mar 2015	42.46%	+5.2%
Dec 2014	40.37%	-3.0%
Sep 2014	41.61%	-4.3%
Jun 2014	43.47%	-4.9%
Mar 2014	45.72%	+7.5%
Dec 2013	42.52%	+34.1%
Sep 2013	31.70%	-0.2%
Jun 2013	31.76%	+10.2%
Mar 2013	28.83%	-10.3%
Dec 2012	32.14%	+16.9%
Sep 2012	27.50%	+16.5%
Jun 2012	23.61%	-14.6%
Mar 2012	27.66%	-35.4%
Dec 2011	42.80%	+51.9%
Sep 2011	28.17%	-8.6%
Jun 2011	30.82%	+4.0%
Mar 2011	29.63%	+0.5%
Dec 2010	29.48%	+1.9%

Month	Value	Change
Sep 2010	28.93%	-7.8%
Jun 2010	31.38%	-5.1%
Mar 2010	33.07%	-1.7%
Dec 2009	33.63%	+7.2%
Sep 2009	31.37%	-4.8%
Jun 2009	32.94%	+3.0%
Mar 2009	31.98%	-0.3%
Dec 2008	32.09%	-10.2%
Sep 2008	35.72%	+6.2%
Jun 2008	33.64%	-5.9%
Mar 2008	35.76%	-1.4%
Dec 2007	36.27%	+5.7%
Sep 2007	34.32%	+10.3%
Jun 2007	31.11%	-6.0%
Mar 2007	33.10%	+2.1%
Dec 2006	32.42%	+4.9%
Sep 2006	30.91%	-6.4%
Jun 2006	33.02%	-3.3%
Mar 2006	34.14%	+0.1%
Dec 2005	34.09%	+1.1%
Sep 2005	33.71%	-5.9%
Jun 2005	35.82%	-3.8%
Mar 2005	37.24%	+1.1%
Dec 2004	36.82%	+1.2%
Sep 2004	36.40%	-7.7%
Jun 2004	39.42%	-2.9%
Mar 2004	40.58%	-6.3%
Dec 2003	43.32%	+9.0%
Sep 2003	39.74%	-5.4%
Jun 2003	41.99%	+10.5%
Mar 2003	37.99%	+0.4%
Dec 2002	37.82%	+3.5%
Sep 2002	36.53%	-10.5%
Jun 2002	40.82%	+5.3%
Mar 2002	38.75%	+57.2%
Dec 2001	24.65%	-29.8%
Sep 2001	35.13%	-5.1%
Jun 2001	37.01%	+1.9%
Mar 2001	36.32%	+11.7%
Dec 2000	32.52%	-6.3%
Sep 2000	34.71%	-11.7%
Jun 2000	39.31%	+2.5%
Mar 2000	38.34%	>+9,900.0%
Dec 1999	0.00%	-100.0%
Sep 1999	37.17%	-1.5%
Jun 1999	37.73%	>+9,900.0%
Mar 1999	0.00%	0.0%
Dec 1998	0.00%	0.0%
Sep 1998	0.00%	0.0%
Jun 1998	0.00%	0.0%
Mar 1998	0.00%	-100.0%
Dec 1997	57.21%	+57.5%
Sep 1997	36.33%	+7.7%
Jun 1997	33.73%	+6.6%
Mar 1997	31.63%	-0.0%
Dec 1996	31.64%	+7.3%
Sep 1996	29.49%	+12.0%
Jun 1996	26.33%	+1.3%
Mar 1996	26.00%	-7.9%
Dec 1995	28.23%	-3.0%
Sep 1995	29.11%	-12.4%
Jun 1995	33.22%	+1.8%
Mar 1995	32.64%	-

FAQ

What is the current quarterly gross margin of NOK?: As of today, NOK quarterly gross margin is 43.69%
What is NOK quarterly gross margin most recent change?: NOK quarterly gross margin was down -3.02% on September 30, 2026
What is 1-year change in NOK quarterly gross margin?: NOK quarterly gross margin is up +3.09% year-over-year
How far is NOK quarterly gross margin from its all-time high?: NOK quarterly gross margin is currently -23.63% below its historical high of 57.21% set on December 31, 1997
How does NOK quarterly gross margin rank versus sector peers?: NOK quarterly gross margin is higher than 48.56% of companies in Technology sector
When is NOK next earnings release?: The next earnings release for NOK is on January 28, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

NOK Official Website www.nokia.com
NOK Profile on Yahoo Finance finance.yahoo.com/quote/NOK
NOK Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nok