Nokia Posts Stronger-Than-Expected Q2 Profit Driven by AI and Cloud Demand

Nokia delivered better-than-anticipated financial results for the second quarter of 2026, with the Finnish telecom equipment manufacturer seeing a notable lift from customers in the artificial intelligence and cloud sectors.

The company’s comparable operating profit climbed 18% to 434 million euros — equivalent to approximately $496.11 million — during the quarter. That figure came in well ahead of what analysts had projected, with the average forecast from those surveyed by LSEG sitting at 382 million euros.