Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. 's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $22,258,000,000. Profit margin reached 3%. Total operating expenses were $6,999,000,000.

Profit Margin

(NYSE:NOK): Profit margin
2014 12.73B 3.46B 27.19%
2015 12.49B 2.46B 19.73%
2016 23.61B -766M -3.24%
2017 23.14B -1.49B -6.45%
2018 22.56B -340M -1.51%
2019 23.31B 18M 0.08%
2020 21.86B -2.42B -11.07%
2021 22.20B 1.62B 7.31%
2022 24.91B 4.25B 17.06%
2023 22.25B 665M 2.99%

NOK Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
22.25B24.91B22.20B21.86B23.31B22.56B23.14B23.61B12.49B12.73B
Cost of revenue
13.57B14.68B13.36B13.65B14.98B14.11B14.00B15.15B7.04B7.09B
Gross profit
8.68B10.22B8.83B8.21B8.32B8.44B9.13B8.45B5.45B5.63B
Operating exp.
Research and development
4.32B4.55B4.21B4.08B4.41B4.62B4.91B4.90B2.12B2.49B
Selling and marketing
03.01B2.79B2.89B3.10B3.46B3.61B3.81B1.65B1.63B
Total operating expenses
6.99B7.90B6.67B7.29B7.51B8.08B8.53B8.72B3.77B4.25B
Operating income
1.68B2.31B2.15B918M814M-59M16M-1.1B1.68B170M
Other income (expenses), net
-189M-134M-232M-142M-658M-410M-1.61B-815M-157M-415M
Income before tax
1.49B2.18B1.92B834M156M-360M-510M-1.36B1.54B-237M
Income tax expense
825M-2.02B272M3.25B138M189M927M-457M346M-1.40B
Net income
665M4.25B1.62B-2.42B18M-340M-1.49B-766M2.46B3.46B
Earnings per share
Basic EPS
0.120.760.29-0.430.00-0.06-0.26-0.130.670.94
Diluted EPS
0.120.750.29-0.430.00-0.06-0.26-0.130.620.84
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