XML 198 R78.htm IDEA: XBRL DOCUMENT v3.25.4
Segment information - Schedule of reconciliation of total segment financial information (Details) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment information      
Net sales € 19,889 € 19,220 € 21,138
Cost of sales (11,230) (10,356) (12,592)
Research and development expenses (4,855) (4,512) (4,277)
Selling, general and administrative expenses [1] (3,073) (2,872) (2,863)
Other operating income and expenses 154 490 327
Operating profit/(loss) [1] 885 1,970 1,733
Eliminations and unallocated items      
Segment information      
Net sales (15) 0 0
Cost of sales (288) (173) (141)
Research and development expenses (241) (214) (134)
Selling, general and administrative expenses (588) (467) (431)
Other operating income and expenses 5 247 41
Operating profit/(loss) (1,139) (614) (676)
Reportable segments | Operating segments      
Segment information      
Net sales 19,916 19,227 21,149
Cost of sales (10,942) (10,183) (12,451)
Research and development expenses (4,614) (4,298) (4,143)
Selling, general and administrative expenses (2,485) (2,405) (2,432)
Other operating income and expenses 149 243 286
Operating profit/(loss) 2,024 2,584 2,409
Reportable segments | Eliminations and unallocated items      
Segment information      
Net sales   (7)  
Cost of sales   (173)  
Research and development expenses   (214)  
Selling, general and administrative expenses   (467)  
Other operating income and expenses   247  
Operating profit/(loss)   (614)  
Restructuring and associated charges | Eliminations and unallocated items      
Segment information      
Net sales 0 0 0
Cost of sales (148) (155) (151)
Research and development expenses (137) (135) (61)
Selling, general and administrative expenses (191) (145) (138)
Other operating income and expenses (2) (10) (6)
Operating profit/(loss) (478) (445) (356)
Amortization and depreciation of acquired intangible assets and property, plant and equipment | Eliminations and unallocated items      
Segment information      
Net sales 0    
Cost of sales (5)    
Research and development expenses (81)    
Selling, general and administrative expenses (358)    
Other operating income and expenses 0    
Operating profit/(loss) (444)    
Release of acquisition-related fair value adjustments to deferred revenue and inventory | Eliminations and unallocated items      
Segment information      
Net sales (15)    
Cost of sales (73)    
Research and development expenses 0    
Selling, general and administrative expenses 0    
Other operating income and expenses 0    
Operating profit/(loss) (88)    
Provision for contractual claims | Eliminations and unallocated items      
Segment information      
Net sales 0    
Cost of sales (66)    
Research and development expenses 0    
Selling, general and administrative expenses 0    
Other operating income and expenses 0    
Operating profit/(loss) (66)    
Amortization of acquired intangible assets | Eliminations and unallocated items      
Segment information      
Net sales   0 0
Cost of sales   0 0
Research and development expenses   (20) (49)
Selling, general and administrative expenses   (294) (292)
Other operating income and expenses   0 0
Operating profit/(loss)   (314) (341)
Divestment of associates | Eliminations and unallocated items      
Segment information      
Net sales   0  
Cost of sales   0  
Research and development expenses   0  
Selling, general and administrative expenses   0  
Other operating income and expenses   190  
Operating profit/(loss)   190  
Impairment and write-off of assets, net of reversals | Eliminations and unallocated items      
Segment information      
Net sales   0  
Cost of sales   (25)  
Research and development expenses   (58)  
Selling, general and administrative expenses   (6)  
Other operating income and expenses   0  
Operating profit/(loss)   (89)  
Disposal of businesses | Eliminations and unallocated items      
Segment information      
Net sales   0  
Cost of sales   0  
Research and development expenses   0  
Selling, general and administrative expenses   0  
Other operating income and expenses   67  
Operating profit/(loss)   67  
Other | Eliminations and unallocated items      
Segment information      
Net sales (12) (7) (11)
Cost of sales 4 7 10
Research and development expenses (23) (1) (24)
Selling, general and administrative expenses (39) (22) (1)
Other operating income and expenses 7 0 47
Operating profit/(loss) (63) € (23) 21
Total reconciling items | Eliminations and unallocated items      
Segment information      
Net sales (27)   (11)
Cost of sales (288)   (141)
Research and development expenses (241)   (134)
Selling, general and administrative expenses (588)   (431)
Other operating income and expenses 5   41
Operating profit/(loss) € (1,139)   € (676)
[1] In 2025, Nokia changed the presentation of gains and losses from venture fund investments from selling, general and administrative expenses and other operating income to
financial income. The comparative amounts for 2024 and 2023 have been recast accordingly. For more information, refer to Note 1.2. General accounting policies.