Want to see NOK full AI Analyst Report?
Gross Margin by Segment
Indicates the percentage of revenue exceeding the cost of goods sold for each segment, offering insight into profitability and cost management effectiveness.High‑margin optics and IP are driving a multi‑quarter uplift in Network Infrastructure and Cloud/Network Services margins, supporting the upgraded guidance and reflecting Infinera synergies and hyperscaler demand. Mobile margins look volatile but recent outsized improvement includes one‑off benefits and will likely face Q2–Q3 seasonality and order‑elongation risk. The abrupt zeroes and a new Portfolio Businesses entry in the latest quarter point to a segment reclassification or reporting change—confirm disclosures, because true margin momentum depends on mix, timing of long optical lead‑times, and planned capex to secure supply.
Date | Network Infrastructure | Mobile Networks | Cloud and Network Services | Nokia Technologies | Portfolio Businessess |
|---|---|---|---|---|---|
Jun 30, 2026 | 42.70 | 49.30 | 0.00 | 0.00 | 28.70 |
Mar 31, 2026 | 43.40 | 48.50 | 0.00 | 0.00 | 26.00 |
Dec 31, 2025 | 44.60 | 40.10 | 57.90 | 100.00 | 0.00 |
Sep 30, 2025 | 40.20 | 34.80 | 49.00 | 100.00 | 0.00 |
Jun 30, 2025 | 38.20 | 41.10 | 42.70 | 100.00 | 0.00 |
Mar 31, 2025 | 40.60 | 30.90 | 45.90 | 100.00 | 0.00 |
Dec 31, 2024 | 45.40 | 38.10 | 48.10 | 99.80 | 0.00 |
Sep 30, 2024 | 42.10 | 39.80 | 40.90 | 100.00 | 0.00 |
Jun 30, 2024 | 38.40 | 43.20 | 33.70 | 100.00 | 0.00 |
Mar 31, 2024 | 36.80 | 42.40 | 35.90 | 100.00 | 0.00 |