EL7.AI
StocksMedium•23 October 2026•
3 min read

Nokia's Network Infrastructure Sales Grow 15% in Third Quarter

Key Facts

1Network infrastructure sales grew 15% in the third quarter, with IP networks up 43% and optical networks up 18%.
2Reported sales were 5.154 billion euros, and net profit for the period rose 95% to 156 million euros from 80 million.
3Nokia expects its optical networks and IP networks businesses to grow 25% to 30% combined in 2027.
4The board decided to distribute 0.03 euros per share, with a record date of October 27 and payment on November 5, 2026.
5Nokia shares closed at 7.88 dollars on October 22, 2026, after 9.25 dollars the previous day.

Nokia's network infrastructure sales rose 15% year over year in constant currency in the third quarter of 2026, supported by growth of 43% in IP networks and 18% in optical networks, according to the company's interim report. Reported sales were 5.154 billion euros, up 10% from the year-earlier period. Net profit for the period also rose to 156 million euros from 80 million, an annual increase of 95%. The results put network infrastructure at the forefront of third-quarter performance, with IP networks expanding faster than optical networks. Nokia said sales in the segment grew on the strength of those two businesses.

Nokia expects its optical networks and IP networks businesses to grow 25% to 30% combined in 2027. The forecast follows 15% constant-currency growth in network infrastructure sales in the third quarter, with IP networks up 43% and optical networks up 18%. Chief Executive Justin Hotard said the company was on track to complete the integration of Infinera by the end of 2026, a year ahead of plan, with net savings of 200 million euros. That places the integration completion and its related savings among the company's milestones ahead of the year in which it is targeting growth in both businesses. Nokia quoted Hotard as saying: "We are on track to complete the integration of Infinera by the end of 2026, a year ahead of plan, with net savings of 200 million euros."

On profitability, net profit for the third quarter rose to 156 million euros from 80 million a year earlier, according to Nokia's figures. By comparison, in the third quarter of 2025 the company recorded 9% growth in comparable net sales on a constant-currency and constant-portfolio basis, while comparable operating margin fell 220 basis points to 9.0%. The prior-period figures provide context for comparison with the growth in reported sales and net profit recorded in the current quarter. Nokia said its board decided on October 22 to distribute 0.03 euros per share. The company set October 27, 2026, as the record date and November 5, 2026, as the payment date.

In trading, Nokia shares closed at 7.88 dollars on October 22, 2026, after closing at 9.25 dollars the previous day, according to EL7 data. The company's investor relations page showed the share in Helsinki at 8.08 euros, down 1.90%, when updated on October 22 at 11:32 Eastern European Time. The data show the share's close in dollars and a separate reading for its price in Helsinki in euros. The report does not specify a link between the share movement and the results or company outlook. Nokia plans to publish its fourth-quarter and full-year 2026 results on January 28, 2027.