Nokia posts 11.7% adjusted EBIT margin for third quarter, keeps outlook
Nokia kept its full-year outlook unchanged as AI and cloud sales more than doubled. The figures were reported by Reuters.
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what happened
According to Reuters, Nokia's adjusted EBIT margin for the third quarter came in at 11.7%. The company left its full-year financial outlook unchanged.
Net sales in the AI and cloud segment more than doubled year over year, and Nokia said it secured 1.5 billion euros in new orders. It expects its combined optical and IP networks businesses to grow 25% to 30% in 2027.
Mobile infrastructure net sales rose 5% year over year, partly because some revenue moved from the fourth quarter into the third. Nokia plans to finish integrating Infinera by the end of 2026, one year ahead of schedule, with 200 million euros of net synergies.
why it matters
For markets, the unchanged outlook and strong growth in AI and cloud matter most, since they support expectations for networking demand. Revenue timing between quarters and Infinera synergies are worth weighing when judging margin trends in the coming periods.
market impact
Nokia shares and European telecom equipment: strong AI-segment orders support growth expectations
tags
instruments
sources
- Nokia Reports Q3 Adjusted EBIT Margin Of 11.7% — Reuters, 22 October 2026 at 05:41 UTC
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