Nokia Q2 profit beat on AI demand

NOK•2026-07-23

Quarterly profit tops estimates on AI and cloud demand

STOCKHOLM, July 23 (Reuters) - Nokia reported a bigger than expected rise in its quarterly comparable operating profit on Thursday, as the Finnish telecom gear maker got a boost from artificial intelligence and cloud customers.

Comparable operating profit jumped 18% to 434 million euros ($496.11 million) in the second quarter of 2026. That was above the average estimate of 382 million euros from analysts polled by LSEG.

($1 = 0.8748 euros)

Nokia Q2 profit beat on AI demand

Quarterly profit tops estimates on AI and cloud demand

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