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Nokia Q2 2026 Net Sales Rise 9% on AI, Cloud Demand

Nokia reported 9% constant-currency net sales growth for Q2 2026, driven by strong demand from AI and cloud customers. CEO Justin Hotard highlighted progress on the company's strategy.

July 23, 2026
1 min read
Source: MarketBeat
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Key Numbers

net sales growth constant currency
9%

Nokia (NYSE:NOK) reported 9% constant-currency net sales growth for the second quarter of 2026, driven by strong demand from AI and cloud customers. Executives noted continued progress on the strategy outlined at the company's Capital Markets Day.

Key Financial Results

MetricQ2 2026
Net Sales Growth (constant currency)9%
RevenueNot yet disclosed
Net IncomeNot yet disclosed
EPSNot yet disclosed

Highlights from the Call

CEO Justin Hotard said the quarter reflected strong demand from AI and cloud customers and progress on the company's strategy.

Guidance

Nokia did not provide specific numerical guidance for the next quarter.

Stock Impact

No immediate stock price impact was reported.

What This Means for Investors

The results suggest Nokia's strategy to focus on AI and cloud is gaining traction. Investors will watch for sustained growth amid competition.

Frequently Asked Questions

Constant-currency net sales growth was 9%.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.