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Nokia Q2 profit beats on AI data centers
Nokia reported strong Q2 results with double-digit revenue growth and an 18% rise in adjusted operating profit, driven by a pivot toward AI data-center gear and solid gains in Network Infrastructure, including a surge in Optical Networks and AI/cloud orders. The company cautioned that as it accelerates restructuring, reported margins were hurt by charges, but it maintains optimism on 2026 outlook amid a broader AI-infrastructure upcycle.
Tech · 9 sources · Jul 23, 2026Read itThe journal
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About Pekka Lundmark
Pekka Lundmark is a Finnish business executive, and former president and CEO of Nokia, from 2020 to March 2025. Previously, he was CEO of Fortum, a Finnish state-owned energy company, from 2015 to July 2020.
Everything about Pekka Lundmark →- Occupation
- business executive
- Citizenship
- Finland
- Born
- December 9, 1963