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Nokia Oyj (NOK) Q1 2026 Earnings Call Transcript
2026-04-23 · via All Articles on Seeking Alpha

Q1: 2026-04-23 Earnings Summary

EPS of $0.06 beats by $0.00

 | 

Revenue of

$5.27B

(5.31% Y/Y)

misses by $116.40M

Nokia Oyj (NOK) Q1 2026 Earnings Call April 23, 2026 4:30 AM EDT

Company Participants

David Mulholland - Head of Investor Relations
Justin Hotard - President, CEO & Interim President of Mobile Infrastructure
Marco Wiren - Chief Financial Officer

Conference Call Participants

Fredrik Lithell - Handelsbanken Capital Markets AB, Research Division
Janardan Menon - Jefferies LLC, Research Division
Artem Beletski - SEB, Research Division
Simon Leopold - Raymond James & Associates, Inc., Research Division
Robert Sanders - Deutsche Bank AG, Research Division
Ulrich Rathe - Bernstein Institutional Services LLC, Research Division
Richard Kramer - Arete Research Services LLP
Felix Henriksson - Nordea Markets, Research Division
Sandeep Deshpande - JPMorgan Chase & Co, Research Division
Jakob Bluestone - BNP Paribas, Research Division
Sébastien Sztabowicz - Kepler Cheuvreux, Research Division
Oliver Wong - BofA Securities, Research Division
Emil Immonen - DNB Carnegie, Research Division

Presentation

David Mulholland
Head of Investor Relations

Good morning, ladies and gentlemen. Welcome to Nokia's First Quarter 2026 Results Call. I'm David Mulholland, Head of Nokia Investor Relations. Today with me is Justin Hotard, our President and CEO; along with Marco Wiren, our CFO.

Before we get started, a quick disclaimer. During this call, we will be making forward-looking statements regarding our future business and financial performance, and these statements are predictions that involve risks and uncertainties. Actual results may therefore differ materially from the results we currently expect. Factors that could cause such differences can be both external as well as internal operating factors. We have identified such risks in the Risk Factors section of our annual report on Form 20-F, which is available on our Investor Relations website.

Within today's presentation, references to growth rates will mostly be on a constant currency and portfolio basis and other financial items will be relating to our comparable reporting. Please note that our Q1 report and a presentation that accompanies this call are published