What is the current annual operating margin of NOK?

As of today, NOK annual operating margin is 8.28%

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

NOK annual operating margin is down -33.49% year-over-year

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

NOK annual operating margin is down -27.18% over the past 3 years

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

NOK annual operating margin is currently -54.36% below its historical high of 18.14% set on December 31, 1998

How does NOK annual operating margin rank versus sector peers?

NOK annual operating margin is higher than 67.70% 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 operating margin of NOK?

As of today, NOK quarterly operating margin is 16.51%

What is NOK quarterly operating margin most recent change?

NOK quarterly operating margin was up +7.14% on September 30, 2026

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

NOK quarterly operating margin is up +158.78% year-over-year

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

NOK quarterly operating margin is currently -32.47% below its historical high of 24.45% set on December 31, 2001

How does NOK quarterly operating margin rank versus sector peers?

NOK quarterly operating margin is higher than 75.55% 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) Operating Margin History & Chart Since 1991

Annual Operating Margin

8.28%4.17%-33.49%

December 31, 2025

Summary

Current Value: As of today, NOK annual operating margin is 8.28%, down -33.49% on December 31, 2025
Historical Performance: NOK annual operating margin is down -27.18% over the past 3 years, down -14.81% over the past 5 years
All-Time High Comparison: NOK annual operating margin is currently -54.36% below its historical high of 18.14% set on December 31, 1998
3-Year Low Comparison: NOK annual operating margin is at its 3-year low
Sector Comparison: NOK annual operating margin is higher than 67.70% of companies in Technology sector

Operating Margin Chart

beforeafter

Performance

NOK Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	8.28%	-33.5%	-27.2%	-14.8%	+76.5%
Quarterly Operating Margin	Sep 30, 26	16.51%	+158.8%	+253.5%	+64.1%	+611.6%
Price	Nov 10, 26	$8.25	+18.4%	+136.4%	+44.7%	+27.9%
PE Ratio	Nov 10, 26	52.02	+32.6%	+950.9%	–	+78.0%
Annual Revenue	Dec 31, 25	$22.45B	+8.0%	-14.3%	-9.9%	-60.0%
Annual Operating Profit	Dec 31, 25	$1.86B	-28.2%	-37.6%	-23.3%	-29.5%
Annual Gross Margin	Dec 31, 25	42.08%	-10.3%	+0.9%	+12.3%	+55.7%
Annual Net Margin	Dec 31, 25	3.21%	-63.9%	-81.0%	+127.9%	+1.6%

Operating Margin Highs

NOK Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	12.45%	Dec 31, 24	-33.5%
5Y	12.45%	Dec 31, 24	-33.5%
All	18.14%	Dec 31, 98	-54.4%

Operating Margin Lows

NOK Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	8.28%	Dec 31, 25	at low
5Y	8.28%	Dec 31, 25	at low
All	-9.11%	Dec 31, 12	+190.9%

Operating Margin History

Year	Value	Change
2025	8.28%	-33.5%
2024	12.45%	+48.4%
2023	8.39%	-26.2%
2022	11.37%	+5.4%
2021	10.79%	+11.0%
2020	9.72%	+64.2%
2019	5.92%	+141.6%
2018	2.45%	-32.1%
2017	3.61%	>+9,900.0%
2016	0.00%	-100.0%
2015	13.30%	+11.9%
2014	11.89%	+62.0%
2013	7.34%	+180.6%
2012	-9.11%	-755.4%
2011	1.39%	-70.4%
2010	4.69%	-8.6%
2009	5.13%	-61.5%
2008	13.31%	-1.5%

Year	Value	Change
2007	13.51%	+7.7%
2006	12.54%	-3.2%
2005	12.95%	-7.4%
2004	13.99%	-11.1%
2003	15.74%	-3.7%
2002	16.35%	+9.5%
2001	14.93%	-17.5%
2000	18.10%	+0.1%
1999	18.09%	-0.3%
1998	18.14%	+18.8%
1997	15.27%	+46.7%
1996	10.41%	-5.4%
1995	11.00%	-1.5%
1994	11.17%	+78.1%
1993	6.27%	+262.4%
1992	1.73%	+432.7%
1991	-0.52%	-

FAQ

What is the current annual operating margin of NOK?: As of today, NOK annual operating margin is 8.28%
What is 1-year change in NOK annual operating margin?: NOK annual operating margin is down -33.49% year-over-year
What is 3-year change in NOK annual operating margin?: NOK annual operating margin is down -27.18% over the past 3 years
How far is NOK annual operating margin from its all-time high?: NOK annual operating margin is currently -54.36% below its historical high of 18.14% set on December 31, 1998
How does NOK annual operating margin rank versus sector peers?: NOK annual operating margin is higher than 67.70% of companies in Technology sector
When is NOK next annual earnings release?: The next annual earnings release for NOK is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

16.51%1.10%+7.14%

September 30, 2026

Summary

Current Value: As of today, NOK quarterly operating margin is 16.51%, up +7.14% on September 30, 2026
Historical Performance: NOK quarterly operating margin is up +158.78% year-over-year, up +253.53% over the past 3 years
All-Time High Comparison: NOK quarterly operating margin is currently -32.47% below its historical high of 24.45% set on December 31, 2001
3-Year Low Comparison: NOK quarterly operating margin is +542.41% above its 3-year low of 2.57% reached on March 31, 2025
Sector Comparison: NOK quarterly operating margin is higher than 75.55% of companies in Technology sector

Performance

NOK Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	16.51%	+7.1%	+158.8%	+253.5%	+64.1%
Annual Operating Margin	Dec 31, 25	8.28%	–	-33.5%	-27.2%	-14.8%
Price	Nov 10, 26	$8.25	-9.6%	+18.4%	+136.4%	+44.7%
PE Ratio	Nov 10, 26	52.02	-17.5%	+32.6%	+950.9%	–
Quarterly Revenue	Sep 30, 26	$5.93B	+5.9%	+7.8%	+15.8%	-6.8%
Quarterly Operating Profit	Sep 30, 26	$979.09M	+13.5%	+179.3%	+309.1%	+53.0%
Quarterly Gross Margin	Sep 30, 26	43.69%	-3.0%	+3.1%	+12.0%	+12.1%
Quarterly Net Margin	Sep 30, 26	3.41%	+508.9%	+78.5%	+23.6%	-47.4%

Quarterly Operating Margin Highs

NOK Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	16.51%	Sep 30, 26	at high
3Y	16.51%	Sep 30, 26	at high
5Y	16.51%	Sep 30, 26	at high
All	24.45%	Dec 31, 01	-32.5%

Quarterly Operating Margin Lows

NOK Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	6.38%	N/A	+158.8%
3Y	2.57%	Mar 31, 25	+542.4%
5Y	2.57%	Mar 31, 25	+542.4%
All	-11.98%	Mar 31, 16	+237.8%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	16.51%	+7.1%
Jun 2026	15.41%	+77.3%
Mar 2026	8.69%	-34.1%
Dec 2025	13.19%	+106.7%
Sep 2025	6.38%	+40.5%
Jun 2025	4.54%	+76.7%
Mar 2025	2.57%	-84.2%
Dec 2024	16.26%	+152.9%
Sep 2024	6.43%	-23.5%
Jun 2024	8.40%	-24.6%
Mar 2024	11.14%	-10.7%
Dec 2023	12.48%	+167.2%
Sep 2023	4.67%	-46.8%
Jun 2023	8.77%	+26.9%
Mar 2023	6.91%	-57.7%
Dec 2022	16.32%	+69.8%
Sep 2022	9.61%	-12.1%
Jun 2022	10.93%	+23.8%
Mar 2022	8.83%	-24.2%
Dec 2021	11.65%	+15.8%
Sep 2021	10.06%	-20.2%
Jun 2021	12.61%	+80.4%
Mar 2021	6.99%	-61.4%
Dec 2020	18.12%	+121.5%
Sep 2020	8.18%	-7.7%
Jun 2020	8.86%	+1,021.5%
Mar 2020	0.79%	-94.1%
Dec 2019	13.39%	+232.3%
Sep 2019	4.03%	-7.4%
Jun 2019	4.35%	+179.8%
Mar 2019	-5.45%	-156.5%
Dec 2018	9.65%	+436.1%
Sep 2018	1.80%	+181.1%
Jun 2018	-2.22%	+47.6%
Mar 2018	-4.24%	-164.5%
Dec 2017	6.57%	+133.0%
Sep 2017	2.82%	-10.5%
Jun 2017	3.15%	+391.7%
Mar 2017	-1.08%	-114.2%
Dec 2016	7.59%	+343.9%
Sep 2016	1.71%	+177.0%
Jun 2016	-2.22%	+81.5%
Mar 2016	-11.98%	-161.7%
Dec 2015	19.42%	+36.5%
Sep 2015	14.23%	+24.7%
Jun 2015	11.41%	+39.1%
Mar 2015	8.20%	-40.1%
Dec 2014	13.70%	-7.8%
Sep 2014	14.86%	+44.7%
Jun 2014	10.27%	+13.5%
Mar 2014	9.05%	-6.4%
Dec 2013	9.67%	+475.6%
Sep 2013	1.68%	+389.7%
Jun 2013	-0.58%	+31.0%
Mar 2013	-0.84%	-127.0%
Dec 2012	3.11%	+240.7%
Sep 2012	-2.21%	+73.6%
Jun 2012	-8.38%	-22.7%
Mar 2012	-6.83%	-147.9%
Dec 2011	14.26%	+514.7%
Sep 2011	2.32%	-38.1%
Jun 2011	3.75%	-40.7%
Mar 2011	6.32%	+1.3%
Dec 2010	6.24%	+100.0%

Month	Value	Change
Sep 2010	3.12%	-10.3%
Jun 2010	3.48%	-32.7%
Mar 2010	5.17%	-49.9%
Dec 2009	10.31%	+44.2%
Sep 2009	7.15%	+1.3%
Jun 2009	7.06%	+107.0%
Mar 2009	3.41%	-70.5%
Dec 2008	11.54%	-21.6%
Sep 2008	14.72%	+6.7%
Jun 2008	13.80%	-4.0%
Mar 2008	14.37%	-8.6%
Dec 2007	15.72%	+11.6%
Sep 2007	14.08%	+36.4%
Jun 2007	10.32%	-21.0%
Mar 2007	13.07%	+3.2%
Dec 2006	12.67%	+9.5%
Sep 2006	11.57%	-2.7%
Jun 2006	11.89%	-15.4%
Mar 2006	14.06%	+4.0%
Dec 2005	13.52%	+7.0%
Sep 2005	12.64%	+5.3%
Jun 2005	12.00%	-21.7%
Mar 2005	15.32%	-0.9%
Dec 2004	15.46%	+15.7%
Sep 2004	13.36%	+8.2%
Jun 2004	12.35%	-23.4%
Mar 2004	16.12%	-22.5%
Dec 2003	20.81%	+23.9%
Sep 2003	16.79%	+44.1%
Jun 2003	11.65%	-31.0%
Mar 2003	16.89%	-9.4%
Dec 2002	18.64%	+15.6%
Sep 2002	16.13%	-8.9%
Jun 2002	17.71%	0.0%
Mar 2002	17.71%	-27.6%
Dec 2001	24.45%	+506.7%
Sep 2001	4.03%	-65.4%
Jun 2001	11.65%	-31.9%
Mar 2001	17.10%	-7.7%
Dec 2000	18.52%	+5.7%
Sep 2000	17.52%	-13.4%
Jun 2000	20.24%	+0.3%
Mar 2000	20.18%	+31.6%
Dec 1999	15.33%	-18.8%
Sep 1999	18.88%	-3.7%
Jun 1999	19.61%	-1.2%
Mar 1999	19.85%	+1.6%
Dec 1998	19.54%	-3.9%
Sep 1998	20.34%	+11.9%
Jun 1998	18.17%	+16.7%
Mar 1998	15.57%	-13.2%
Dec 1997	17.94%	-1.7%
Sep 1997	18.25%	+25.0%
Jun 1997	14.60%	+13.1%
Mar 1997	12.91%	-6.5%
Dec 1996	13.81%	+13.2%
Sep 1996	12.20%	+32.3%
Jun 1996	9.22%	+42.7%
Mar 1996	6.46%	-30.2%
Dec 1995	9.25%	-21.7%
Sep 1995	11.81%	-36.3%
Jun 1995	18.55%	+18.0%
Mar 1995	15.72%	-

FAQ

What is the current quarterly operating margin of NOK?: As of today, NOK quarterly operating margin is 16.51%
What is NOK quarterly operating margin most recent change?: NOK quarterly operating margin was up +7.14% on September 30, 2026
What is 1-year change in NOK quarterly operating margin?: NOK quarterly operating margin is up +158.78% year-over-year
How far is NOK quarterly operating margin from its all-time high?: NOK quarterly operating margin is currently -32.47% below its historical high of 24.45% set on December 31, 2001
How does NOK quarterly operating margin rank versus sector peers?: NOK quarterly operating margin is higher than 75.55% of companies in Technology sector
When is NOK next earnings release?: The next earnings release for NOK is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

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