Nokia Research and Development Expenses 2010-2024 | NOK

Nokia annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Nokia research and development expenses for the quarter ending September 30, 2024 were $1.227B, a 4.3% increase year-over-year.
  • Nokia research and development expenses for the twelve months ending September 30, 2024 were $4.858B, a 2.03% increase year-over-year.
  • Nokia annual research and development expenses for 2023 were $4.683B, a 2.31% decline from 2022.
  • Nokia annual research and development expenses for 2022 were $4.794B, a 3.85% decline from 2021.
  • Nokia annual research and development expenses for 2021 were $4.986B, a 6.79% increase from 2020.
Nokia Annual Research and Development Expenses
(Millions of US $)
2023 $4,683
2022 $4,794
2021 $4,986
2020 $4,669
2019 $4,940
2018 $5,456
2017 $5,557
2016 $5,427
2015 $2,361
2014 $3,314
2013 $3,479
2012 $6,150
2011 $7,816
2010 $7,785
2009 $8,241
Nokia Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $1,227
2024-06-30 $1,221
2024-03-31 $1,232
2023-12-31 $1,178
2023-09-30 $1,177
2023-06-30 $1,139
2023-03-31 $1,189
2022-12-31 $1,256
2022-09-30 $1,173
2022-06-30 $1,161
2022-03-31 $1,203
2021-12-31 $1,282
2021-09-30 $1,222
2021-06-30 $1,281
2021-03-31 $1,201
2020-12-31 $1,467
2020-09-30 $1,046
2020-06-30 $1,067
2020-03-31 $1,089
2019-12-31 $1,183
2019-09-30 $1,179
2019-06-30 $1,266
2019-03-31 $1,313
2018-12-31 $1,327
2018-09-30 $1,306
2018-06-30 $1,389
2018-03-31 $1,434
2017-12-31 $1,448
2017-09-30 $1,424
2017-06-30 $1,336
2017-03-31 $1,348
2016-12-31 $1,358
2016-09-30 $1,335
2016-06-30 $1,368
2016-03-31 $1,366
2015-12-31 $301
2015-09-30 $547
2015-06-30 $740
2015-03-31 $772
2014-12-31 $880
2014-09-30 $831
2014-06-30 $796
2014-03-31 $807
2013-12-31 $-306
2013-09-30 $1,180
2013-06-30 $1,269
2013-03-31 $1,335
2012-12-31 $1,452
2012-09-30 $1,400
2012-06-30 $1,582
2012-03-31 $1,716
2011-12-31 $1,893
2011-09-30 $1,879
2011-06-30 $2,037
2011-03-31 $2,007
2010-12-31 $2,092
2010-09-30 $1,815
2010-06-30 $1,892
2010-03-31 $1,986
2009-12-31 $2,312
2009-09-30 $1,981
2009-06-30 $1,986
2009-03-31 $1,962
Sector Industry Market Cap Revenue
Computer and Technology Wireless Equipment Manufacturers $24.536B $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.
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