Nokia Reclaims Leadership: Inside Its 6G, AI, & Cloud Masterplan!

Nokia’s third-quarter results for 2025 present a mixed yet insightful picture of the company’s current standing and trajectory. The company experienced overall net sales growth of 9%, driven by increased demand across all business groups, including Network Infrastructure and Cloud and Network Services. The focus on AI and cloud markets became evident with significant contributions from these segments, notably in optical networks, indicating robust growth potential associated with evolving data center architectures. Despite the positive sales uptick, Nokia’s profitability metrics revealed areas needing attention. The operating margin declined year-over-year due to a one-time favorable impact from a loss provision reversal in the prior year. Without this, the margin would have remained flat. Gross margin struggled with a 150 basis points year-over-year reduction, primarily driven by product mix challenges in both Network Infrastructure and Mobile Networks.