Company: NOKBF
Filing Date: 2025-04-24
Form Type: 6-K
Source: 0001104659-25-038218
Chunk: 0

Company: NOKIA CORP
Filing Date: 2025-04-24
Form: 6-K
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

Report on Form 6-K dated April 24, 2025

(Commission File No. 1-13202)

Nokia Corporation

Karakaari 7

FI-02610 Espoo

Finland

(Translation of the registrant’s name into English and address of registrant’s principal executive office)</div>

| Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: |     |              |
| Form 20-F: x                                                                                                           |     | Form 40-F: ¨ |

Enclosures:

| · | Nokia Corporation Interim Report for Q1 2025 |

| · | Interim Report for Q1 2025 |

1

| STOCK EXCHANGE RELEASE 24 April 2025 |

Nokia Corporation

Interim report

24 April 2025 at 08:00
EEST

Nokia Corporation Interim Report for Q1 2025

Network Infrastructure delivers strong net sales growth to start 2025

| · | Infinera acquisition completed during Q1, increasing Nokia's scale in Optical Networks and with hyperscalers. Integration underway    
 with many portfolio decisions already taken. Positive momentum with customers, with Q1 seeing strong order intake for Infinera driven 
 by growth in hyperscalers.                                                                                                            |

| · | Q1 net sales declined 3% y-o-y on a constant currency and portfolio basis (-1% reported) due to a challenging prior year comparison     
 in Nokia Technologies. Network Infrastructure grew 11% on a constant currency and portfolio basis while Cloud and Network Services grew 
 8%. Mobile Networks grew 2%.                                                                                                            |

| · | Comparable gross margin in Q1 decreased 820bps y-o-y to 42.3% (reported decreased 820bps to 41.5%), half of which is related to lower        
 net sales in Nokia Technologies. It was also impacted by a contract settlement charge with net impact of EUR 120 million in Mobile Networks. |

| · | Q1 comparable operating margin decreased 990bps y-o-y to 3.6% (reported up 1 020