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Nokia: Q3 Earnings Snapshot – WTOP News
Nokia reported €605 million in comparable operating profit for the third quarter of 2026, up from €448 million a year earlier and above analyst expectations.
Nokia said rising demand for data-center networking equipment, linked to artificial intelligence investment, helped drive the results.
Chief Executive Officer Justin Hotard is working to make data centers a larger growth area as traditional telecommunications demand remains weak.
Nokia maintained its full-year financial outlook unchanged.
Lockheed Martin's business continued in strong expansion in the third quarter. Exclusive subject matter for subscribers. To have full access, access the subject's link and register.
Nokia's gross profit between January and September amounted to EUR 6,298 million, an increase of 7.7% in homologous terms, although the operating result decreased 43% to EUR 229 million.