Nokia Cost of Goods Sold 2010-2024 | NOK

Nokia annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Nokia cost of goods sold for the quarter ending September 30, 2024 was $2.605B, a 21.68% decline year-over-year.
  • Nokia cost of goods sold for the twelve months ending September 30, 2024 was $11.550B, a 25.57% decline year-over-year.
  • Nokia annual cost of goods sold for 2023 was $14.688B, a 5.09% decline from 2022.
  • Nokia annual cost of goods sold for 2022 was $15.476B, a 2.15% decline from 2021.
  • Nokia annual cost of goods sold for 2021 was $15.816B, a 1.37% increase from 2020.
Nokia Annual Cost of Goods Sold
(Millions of US $)
2023 $14,688
2022 $15,476
2021 $15,816
2020 $15,603
2019 $16,788
2018 $16,672
2017 $15,833
2016 $16,774
2015 $7,824
2014 $9,430
2013 $9,782
2012 $28,019
2011 $38,079
2010 $39,344
2009 $38,658
Nokia Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $2,605
2024-06-30 $2,725
2024-03-31 $2,640
2023-12-31 $3,580
2023-09-30 $3,326
2023-06-30 $3,849
2023-03-31 $3,933
2022-12-31 $4,408
2022-09-30 $3,763
2022-06-30 $3,737
2022-03-31 $3,567
2021-12-31 $4,465
2021-09-30 $3,777
2021-06-30 $3,775
2021-03-31 $3,799
2020-12-31 $4,869
2020-09-30 $3,878
2020-06-30 $3,398
2020-03-31 $3,459
2019-12-31 $4,655
2019-09-30 $4,133
2019-06-30 $4,079
2019-03-31 $3,921
2018-12-31 $4,722
2018-09-30 $3,999
2018-06-30 $4,118
2018-03-31 $3,834
2017-12-31 $4,749
2017-09-30 $3,896
2017-06-30 $3,722
2017-03-31 $3,466
2016-12-31 $4,306
2016-09-30 $4,100
2016-06-30 $4,016
2016-03-31 $4,352
2015-12-31 $1,964
2015-09-30 $1,934
2015-06-30 $1,852
2015-03-31 $2,075
2014-12-31 $2,735
2014-09-30 $2,449
2014-06-30 $2,261
2014-03-31 $1,984
2013-12-31 $-5,589
2013-09-30 $5,123
2013-06-30 $4,947
2013-03-31 $5,301
2012-12-31 $7,074
2012-09-30 $6,567
2012-06-30 $7,403
2012-03-31 $6,975
2011-12-31 $9,633
2011-09-30 $9,162
2011-06-30 $9,271
2011-03-31 $10,013
2010-12-31 $12,114
2010-09-30 $9,456
2010-06-30 $8,846
2010-03-31 $8,929
2009-12-31 $11,574
2009-09-30 $9,646
2009-06-30 $9,106
2009-03-31 $8,333
Sector Industry Market Cap Revenue
Computer and Technology Wireless Equipment Manufacturers $22.628B $24.088B
The core business of Nokia is telecommunication. Nokia mainly has four reportable segments' Mobile Networks, Network Infrastructure, Cloud and Network Services & Nokia Technologies. Mobile Networks includes mobile network products, network deployment and technical support services and related network management. It offers the full portfolio for customers who want to buy mobile access networks. It targets leadership in key technologies such as 5G, ORAN and vRAN. Network Infrastructure: Under this, Nokia provides net sales disclosure for Fixed Networks, IP Networks, Optical Networks and Submarine Networks. Cloud & Network Services includes the Nokia Software business, Nokia's enterprise solutions, core network solutions including both voice and packet core, and managed and advanced services from its Global Services unit. Nokia Technologies includes diverse technology features designed to bring the human family closer together.
Stock Name Country Market Cap PE Ratio
QUALCOMM (QCOM) United States $182.993B 19.49
Motorola Solutions (MSI) United States $81.465B 38.60
Ericsson (ERIC) Sweden $27.695B 23.74
Ubiquiti (UI) United States $20.801B 53.25
Juniper Networks (JNPR) United States $11.615B 34.73
AST SpaceMobile (ASTS) United States $7.042B 0.00
InterDigital (IDCC) United States $4.635B 18.49
Viasat (VSAT) United States $0.877B 0.00
Clearfield (CLFD) United States $0.400B 0.00
Aviat Networks (AVNW) United States $0.183B 14.12
Comtech Telecommunications (CMTL) United States $0.084B 0.00
Sonim Technologies (SONM) United States $0.016B 0.00
WiSA Technologies (WISA) United States $0.012B 0.00
UTime (WTO) $0.006B 0.00