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Net sales (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Schedule of net sales by region and customer type Net sales to external customers by region
Net sales to external customers by region are based on the
location of the customer, except for Nokia Technologies IPR and
licensing net sales which are allocated to Europe.
EURm
2025
2024
2023
Americas
6 985
6 276
6 779
Latin America
784
895
1 046
North America
6 201
5 381
5 733
APAC
4 639
4 549
6 436
Greater China
913
1 134
1 303
India
1 534
1 373
2 842
Rest of APAC
2 192
2 042
2 291
EMEA
8 265
8 395
7 923
Europe
6 165
6 362
5 873
Middle East & Africa
2 100
2 033
2 050
Total
19 889
19 220
21 138
Segment net sales by region
EURm
2025
2024
2023
Network Infrastructure
7 986
6 518
6 917
Americas
3 688
2 726
2 813
APAC
1 648
1 426
1 580
EMEA
2 650
2 366
2 524
Cloud and Network Services(1)
2 606
2 589
2 728
Americas
1 120
1 153
1 263
APAC
529
517
511
EMEA
957
919
954
Mobile Networks(1)
7 806
8 158
10 289
Americas
2 182
2 396
2 661
APAC
2 464
2 593
4 322
EMEA
3 160
3 169
3 306
Nokia Technologies
1 501
1 928
1 085
Group Common and Other(2)
(10)
27
119
Total
19 889
19 220
21 138
(1)In 2025, Managed Services business was moved from Cloud and Network Services
segment into Mobile Networks segment. Comparative financial information for
2024 and 2023 has been recast accordingly. Refer to Note 2.2. Segment
information.
(2)Includes eliminations of inter-segment revenues.
Net sales by customer type
EURm
2025
2024
2023
Telecom providers
15 313
15 085
17 652
AI & Cloud and Mission Critical
Enterprise & Defense
3 085
2 180
2 282
Licensees
1 501
1 928
1 085
Other(1)
(10)
27
119
Total
19 889
19 220
21 138
(1)In 2025, includes eliminations of inter-segment revenues, unallocated items and
certain other items. In 2024 and 2023, includes net sales of Radio Frequency
Systems (RFS), which was managed as a separate entity, and certain other items,
such as eliminations of inter-segment revenues. RFS net sales also include
revenue from telecom providers and AI & Cloud and Mission Critical Enterprise &
Defense.
Schedule of unsatisfied performance obligations Management has estimated that these unsatisfied performance
obligations will be recognized as revenue as follows:
2025
2024
Within 1 year
57%
53%
2-3 years
28%
27%
More than 3 years
15%
20%
Total
100%
100%