Brief: Nokia Q2 Comparable Operating Profit EUR 434 Mln, Beats Estimates

Nokia Oyj

23/07/2026 05:56

July 23 (Reuters) - Nokia Oyj NOKIA.HE:
Q2 NET SALES EUR 4,815 MILLION VERSUS IBES ESTIMATE EUR 4,823 MILLION
Q2 COMPARABLE OPERATING PROFIT EUR 434 MILLION VERSUS IBES ESTIMATE EUR 382 MILLION
OPERATIONALLY, NOKIA'S FULL YEAR OUTLOOK IS UNCHANGED
Q2  NETWORK INFRASTRUCTURE NET SALES GREW 12% Y-O-Y ON A CONSTANT CURRENCY BASIS, LED BY OPTICAL NETWORKS GROWING 20%
2026 OUTLOOK IS NOW FOR EUR 2.1 TO 2.6 BILLION OF COMPARABLE OPERATING PROFIT
IN Q2, AI & CLOUD ORDER INTAKE WAS EUR 2.8 BILLION, WHILE SALES MORE THAN DOUBLED YEAR-ON-YEAR
OUTLOOK CHANGE RELATED TO PRESENTATION OF TWO BUSINESSES AS DISCONTINUED OPERATIONS WHICH LED TO EUR 0.1 BILLION TECHNICAL REVISION
NOKIA IN Q3 SEES 3% TO 7% Q-O-Q INCREASE IN NET SALES
EXPECTS TO RECOGNIZE EUR 350 MILLION OF INTEGRATION CHARGES BY END OF 2026, TARGETS TO COMPLETE INTEGRATION WITHIN 2 YEARS
NOKIA SEES Q3 COMPARABLE OPERATING PROFIT LARGELY FLAT Q/Q
ON 23 JULY 2026, BOARD RESOLVED TO DISTRIBUTE  DIVIDEND OF EUR 0.04 PER SHARE.
NOKIA 2026 CAPEX GUIDANCE EUR 800 - 900 MILLION (EARLIER VIEW: EUR 900-1,000 MILLION)
Source text: https://www.nokia.com/system/files/2026-07/nokia_results_2026_q2.pdf
Further company coverage: NOKIA.HE

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