Nokia Oyj
OMXH:NOKIA
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Nokia Oyj
Gross Margin
Nokia Oyj
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | FI |
| Market Cap | 23B EUR |
| Gross Margin |
44%
|
| Country | US |
| Market Cap | 232.6B USD |
| Gross Margin |
65%
|
| Country | US |
| Market Cap | 142.1B USD |
| Gross Margin |
64%
|
| Country | US |
| Market Cap | 78.4B USD |
| Gross Margin |
51%
|
| Country | SE |
| Market Cap | 296.9B SEK |
| Gross Margin |
43%
|
| Country | CN |
| Market Cap | 178.8B CNY |
| Gross Margin |
38%
|
| Country | US |
| Market Cap | 20.8B USD |
| Gross Margin |
39%
|
| Country | CN |
| Market Cap | 142.5B CNY |
| Gross Margin |
33%
|
| Country | US |
| Market Cap | 14.7B USD |
| Gross Margin |
80%
|
| Country | TW |
| Market Cap | 423.1B TWD |
| Gross Margin |
21%
|
| Country | US |
| Market Cap | 12.3B USD |
| Gross Margin |
59%
|
Nokia Oyj
Glance View
Nokia Oyj, a Finnish multinational founded in 1865, has undergone a metamorphosis that mirrors the kaleidoscopic shifts in technology and global markets. Initially immersed in the rudimentary industries of pulp and paper, Nokia embraced a dynamic transformation throughout the twentieth century. With a spirit of innovation, it traversed the realms of rubber, cables, and electronics, culminating in its emergence as a pivotal player in mobile telecommunication in the late 1980s. By the 1990s, Nokia had established itself as the spearhead of the global mobile revolution, bringing to life iconic mobile devices and fundamentally altering communication at a planetary scale. The company’s strategic direction, distinct leadership, and relentless focus on technology and design rendered it a household name, and its portfolio of mobile devices epitomized the cutting edge of consumer tech for over a decade. In recent years, Nokia's focus has pivoted substantially from consumer electronics to enterprise-level technology services and network solutions. Today, it operates predominantly in the telecommunications infrastructure sector, providing the backbone for global networks with its advanced technology and services. Through its Networks segment, Nokia sells a comprehensive range of products and services encompassing broadband, IP, optical technologies, and cloud networking. The firm also capitalizes on its intellectual property via its Nokia Technologies segment, leveraging innovations through licensing to generate substantial revenues. By positioning itself as an influential force in 5G technology development and deployment, Nokia taps into the growing demand for high-speed, reliable connectivity across sectors, cementing its role as an architect of the digital age.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Nokia Oyj's most recent financial statements, the company has Gross Margin of 44.4%.
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