Nokia Recasts 2024-2025 Segment Results Under New Reporting Structure

Nokia Oyj (NYSE: NOK) restated its 2024 and 2025 segment financials on January 29, 2026, to align with a revised internal reporting structure, impacting comparability of historical performance metrics. The recast affects revenue and operating profit allocations across Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The company emphasized the changes are organizational, not accounting-related, and do not alter consolidated financial statements or prior guidance. Investors should review updated segment disclosures in Nokia’s Q4 2025 earnings release for accurate period-over-period analysis. Management stated the restructuring aims to improve strategic focus and operational transparency ahead of 2026 planning cycles.