Nokia Corporation Sponsored American Depositary Shares

A new Brooklyn Summit goes beyond 6G and into the AI era | $NOK

Nokia Corporation Interim Report for Q3 2026

Nokia delivers strong net sales and profit growth

Q3 net sales grew 9% y-o-y on a constant currency basis (+10% reported).

Network Infrastructure net sales grew 15% y-o-y on a constant currency basis, led by IP Networks growing 43% and Optical Networks 18%. Group net sales to AI & Cloud customers grew 123% and order intake 118%.

Mobile Infrastructure net sales grew 5% y-o-y, in part due to acceleration of revenue from Q4 into Q3. The segment benefited from product mix, commercial discipline and continued execution of the cost reduction program.

Q3 comparable gross margin was largely stable y-o-y at 44.6%. Reported gross margin declined 220bps to 42.2%.

Q3 comparable operating margin increased 220bps y-o-y to 11.7% benefiting from revenue growth and operating efficiency. Reported operating margin declined 160bps to 3.8% due to accelerated restructuring and integration cost.

Q3 comparable diluted EPS from continued operations of EUR 0.09; reported diluted EPS from continued operations of EUR 0.03.
Nokia's full year financial outlook is unchanged. | $NOK

NVIDIA, Nokia and Leading Telecom Operators Turn Networks Into Distributed Intelligence Platforms

Leading global telecom operators are expanding NVIDIA-powered computing across their networks to deliver advanced services closer to people and businesses, improve wireless experience and automate network operations.

T-Mobile completes the world’s first AI-RAN call on a commercial network, while BT, Deutsche Telekom and Elisa announce AI-RAN pilots on live networks using Nokia’s CUDA-accelerated anyRAN software on NVIDIA Aerial RAN Computer, and NVIDIA introduces new Aerial RAN Computer configurations for high-capacity sites.

Nine EMEA telecom operators are building and expanding NVIDIA-powered infrastructure across centralized and distributed locations.

Operators and software partners are adopting NVIDIA Nemotron open models to deliver agentic services and develop agents for autonomous network operations. | $NVDA $NOK

Nokia and SoftBank Corp. agree to conduct commercial AI-RAN field trial in Japan

Companies will conduct an AI-RAN field trial in Japan in 2027 in a commercial network environment under commercial traffic conditions

Planned deployment will validate key AI-RAN capabilities using Nokia anyRAN software with the SoftBank AITRAS platform including the Orchestrator | $NOK $SFTBY $SFTBF