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Nokia (NOK) Reports In-Line Q3 EPS; offers outlook

October 23, 2025 2:07 AM EDT

Nokia (NYSE: NOK) reported Q3 EPS of EUR0.06, in-line with the analyst estimate of EUR0.06. Revenue for the quarter came in at EUR4.83 billion versus the consensus estimate of EUR5.43 billion.

OUTLOOK

Full Year 2025

Comparable operating profit: EUR 1.7 billion to EUR 2.2 billion (technical revision from EUR 1.6 billion to 2.1 billion)

Free cash flow: 50% to 80% conversion from comparable operating profit

Operationally, Nokia's outlook is unchanged for full year 2025. However, a change in venture fund reporting (refer to section Additional Topics below for further details) revises the operating profit outlook by EUR 0.1 billion. As a result Nokia's comparable operating profit guidance is now between EUR 1.7 and 2.2 billion (was between EUR 1.6 and 2.1 billion).

For earnings history and earnings-related data on Nokia (NOK) click here.



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