Nokia meets earnings forecasts as AI shift pays off

Nokia met market expectations for its latest quarter, benefiting from momentum in its expansion into artificial intelligence despite a slight dip in operating profit. The Finnish telecom equipment maker reported earnings in line with analyst forecasts for the final quarter of 2025.

Gianluca Lo Nostro and Agnieszka Olenska/Reuters

January 29, 2026

Nokia meets earnings forecasts as AI shift pays off

FILE PHOTO: A screen displays the company logo for Nokia Corporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 24, 2023.

Brendan McDermid/Reuters

FILE PHOTO: A screen displays the company logo for Nokia Corporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 24, 2023.

Nokia NOKIA.HE met quarterly earnings expectations on Thursday, as the Finnish telecom gear maker reaped gains from its push into the artificial intelligence space.

Comparable operating profit fell 3% to 1.05 billion euros ($1.26 billion) in the final quarter of 2025. That was in line with the average estimate of 1.01 billion euros from analysts polled by LSEG.

($1 = 0.8345 euros)

-Gianluca Lo Nostro and Agnieszka Olenska/Reuters