Cignal AI Vendor Summary Reports examine recent quarterly results and items of interest about key vendors in the optical market. This report highlights Nokia’s 1Q25 results as reported on April 24th, 2025. See Cignal AI’s real-time Excel files for more details compared to the overall market.
Summary of Results
- Nokia’s acquisition of Infinera closed on February 28, 2025. For a detailed analysis please see Cignal AI’s Active Insight Reports Nokia Acquires Infinera (published just after the acquisition announcement), and Updated: Nokia Acquires Infinera (published following deal closure and OFC).
- While Nokia’s official revenue includes only March for the combined entity, the company provided pro forma figures which include combined revenue for the entire first quarter. Unless stated otherwise, the figures in this report refer to combined current and historical revenues.
- Optical sales grew 20% YoY to $651M, but this result is compared to a historically low 1Q24. Rolling sales of $675M remain at levels last seen in 2019 and are down 20% from the high point of $843M reached in 3Q23.
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