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 January 2930, 2026

(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)

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:

· ~~Stock Exchange Release:~~ Nokia ~~provides~~Corporation ~~recast~~- ~~comparative~~Managers' ~~segment~~transactions ~~results for 2025 and 2024 reflecting new operating and financial reporting structure~~(Ihamuotila)

·Stock ~~Attachment:~~exchange ~~ENG~~release ~~Recast~~30 ~~tables~~January 2026 1 (4)

1Nokia ~~STOCK~~Corporation Managers’ ~~EXCHANGE~~transactions 30 ~~RELEASE~~January 2026 29at ~~JANUARY~~17:00 ~~2026~~EET

Nokia Corporation - Managers' transactions (Ihamuotila)

~~Stock~~Transaction ~~Exchange~~notification ~~Release~~under Article 19 of EU Market Abuse Regulation.

29Person ~~January 2026~~subject atto ~~08:30~~the ~~EET~~notification requirement

~~Nokia~~Name: ~~provides~~Ihamuotila, ~~recast comparative segment results for 2025 and 2024 reflecting new operating and financial reporting structure~~Timo

~~Nokia~~Position: ~~today~~Member ~~provides~~of ~~recast comparative segment financial information on a quarterly and annual basis for 2025, and on an annual basis for 2024, reflecting~~ the ~~previously announced changes in its operating and financial reporting structure.~~Board

~~Changes~~Issuer: inNokia ~~operating and reporting structure, effective from 1 January 2026~~Corporation

OnLEI: 19 November 2025, Nokia announced together with its new strategy that it will reorganize its business into two primary operating segments to better align to customer needs and accelerate innovation as the AI supercycle increases demand for advanced connectivity. This reorganization took effect as of 1 January 2026.549300A0JPRWG1KI7U06

~~The~~Notification ~~reorganization~~type: ~~recognizes Network Infrastructure as a growth segment,~~INITIAL positioned to capitalize on the rapid, global AI and data center build-out while continuing to innovate for its telecommunications customer base. The segment consists of three business units Optical Networks, IP Networks and Fixed Networks and is led by David Heard.NOTIFICATION

~~The~~Reference ~~new~~number: Mobile Infrastructure segment brings together Nokia’s Core Networks portfolio, Radio Networks portfolio and Technology Standards (formerly Nokia Technologies). It is positioned for core and radio network technology and services leadership to lead the industry to AI-native networks and 6G. The new segment brings together a portfolio whose value creation is founded on mobile communication technologies based on 3GPP standards with a strong cash flow position underpinned by IP licensing. It is led by Justin Hotard on an interim basis and consists of three business units Core Software, Radio Networks and Technology Standards.140802/5/8

InTransaction addition, as part of its strategy work, Nokia identified several units which are not seen as core to the future of the company’s strategy. These units were moved into a dedicated operating segment called Portfolio Businesses while the company assesses the best value creating opportunity for them. The units moved weredate: (i) Fixed Wireless Access CPE (previously in Fixed Networks in Network Infrastructure), (ii) Site Implementation and Outside Plant (previously in Fixed Networks in Network Infrastructure), (iii) Enterprise Campus Edge (previously in Cloud and Network Services), and (iv) Microwave Radio (previously in Mobile Networks).2026-01-30

~~Recast~~Venue: ~~comparative segment financial information for 2025 and 2024~~AQEA

~~Nokia~~Instrument ~~will~~type: report its segment financial information in accordance with the new organizational structure beginning with its Q1 2026 financial results. In addition to full segment financial information for its three operating segments, Nokia will disclose net sales information for the business units within its Network Infrastructure and Mobile Infrastructure segments. Furthermore, Nokia will continue providing segment-level data for Group Common and Other.SHARE

ToISIN: provide a basis for comparison, the following tables present summarized unaudited income statement information on a recast basis for all four quarters and full year of 2025, as well as for the full year 2024, for Network Infrastructure, Mobile Infrastructure and Portfolio Businesses segments, as well as for Group Common and Other.FI0009000681

~~Reported~~Nature orof ~~comparable~~transaction: ~~results for the Nokia Group were not affected by the changes in the reporting structure.~~ACQUISITION

2Transaction ~~STOCK EXCHANGE RELEASE 29 JANUARY 2026~~details

Network Infrastructure (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		1 639			1 826			1 850			2 332			7 646			6 285
Optical Networks		525			730			782			981			3 018			1 636
IP Networks		646			588			578			783			2 594			2 582
Fixed Networks		468			507			490			568			2 034			2 067
Gross profit		687			736			791			1 067			3 281			2 713
Gross margin %		41.9	%		40.3	%		42.8	%		45.8	%		42.9	%		43.2	%
Research and development expenses		(343	)		(374	)		(392	)		(409	)		(1 518	)		(1 195	)
Selling, general and administrative expenses		(228	)		(251	)		(254	)		(274	)		(1 007	)		(845	)
Other operating income and expenses		(1	)		8			1			6			14			44
Operating profit		115			119			145			390			770			718
Operating margin %		7.0	%		6.5	%		7.8	%		16.7	%		10.1	%		11.4	%

(1): Volume: 3695 Unit price: 5.364 EUR

Mobile Infrastructure (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		2 573			2 526			2 747			3 562			11 409			12 191
Core Software		535			507			593			765			2 400			2 411
Radio Networks		1 669			1 662			1 763			2 414			7 507			7 852
Technology Standards		369			357			391			384			1 501			1 928
Gross profit		1 137			1 264			1 300			1 814			5 515			6 137
Gross margin %		44.2	%		50.0	%		47.3	%		50.9	%		48.3	%		50.3	%
Research and development expenses		(720	)		(701	)		(683	)		(785	)		(2 889	)		(2 894	)
Selling, general and administrative expenses		(309	)		(292	)		(294	)		(338	)		(1 233	)		(1 320	)
Other operating income and expenses		24			39			31			38			131			189
Operating profit		132			309			354			730			1 525			2 111
Operating margin %		5.1	%		12.2	%		12.9	%		20.5	%		13.4	%		17.3	%

Aggregated transactions (1):

Portfolio Businesses (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		176			199			234			236			845			717
Gross profit		39			35			44			65			183			190
Gross margin %		22.2	%		17.6	%		18.8	%		27.5	%		21.7	%		26.5	%
Research and development expenses		(35	)		(36	)		(32	)		(38	)		(142	)		(146	)
Selling, general and administrative expenses		(36	)		(32	)		(32	)		(35	)		(135	)		(125	)
Other operating income and expenses		—			1			1			2			4			9
Operating profit		(32	)		(32	)		(19	)		(6	)		(90	)		(72	)
Operating margin %		(18.2	)%		(16.1	)%		(8.1	)%		(2.5	)%		(10.7	)%		(10.0	)%

Volume: 3695 Volume weighted average price: 5.364 EUR

3Transaction ~~STOCK~~date: ~~EXCHANGE RELEASE 29 JANUARY~~ 2026-01-30

Group Common and Other (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		4			3			4			6			16			34
Gross profit		(6	)		—			(1	)		1			(5	)		4
Research and development expenses		(16	)		(16	)		(16	)		(18	)		(65	)		(63	)
Selling, general and administrative expenses		(10	)		(33	)		(29	)		(38	)		(109	)		(116	)
Other operating income and expenses		—			—			—			—			(1	)		1
Operating profit		(32	)		(48	)		(45	)		(55	)		(180	)		(174	)

Venue: AQEU

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 17 Unit price: 5.372 EUR

Aggregated transactions (1):

Volume: 17 Volume weighted average price: 5.372 EUR

Transaction date: 2026-01-30

Venue: JNSI

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

www.nokia.com

Stock exchange release

30 January 2026

2 (4)

Transaction details

(1): Volume: 709 Unit price: 5.378 EUR

(2): Volume: 1205 Unit price: 5.38 EUR

(3): Volume: 24077 Unit price: 5.374 EUR

(4): Volume: 15700 Unit price: 5.38 EUR

Aggregated transactions (4):

Volume: 41691 Volume weighted average price: 5.3765 EUR

Transaction date: 2026-01-30

Venue: BEUP

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 1827 Unit price: 5.357 EUR

(2): Volume: 1292 Unit price: 5.357 EUR

(3): Volume: 1628 Unit price: 5.358 EUR

(4): Volume: 2390 Unit price: 5.362 EUR

(5): Volume: 2465 Unit price: 5.364 EUR

(6): Volume: 1333 Unit price: 5.364 EUR

(7): Volume: 557 Unit price: 5.374 EUR

(8): Volume: 556 Unit price: 5.374 EUR

(9): Volume: 557 Unit price: 5.377 EUR

(10): Volume: 557 Unit price: 5.378 EUR

(11): Volume: 557 Unit price: 5.378 EUR

(12): Volume: 557 Unit price: 5.377 EUR

(13): Volume: 784 Unit price: 5.372 EUR

(14): Volume: 600 Unit price: 5.372 EUR

(15): Volume: 1525 Unit price: 5.38 EUR

(16): Volume: 2638 Unit price: 5.38 EUR

(17): Volume: 2764 Unit price: 5.38 EUR

(18): Volume: 2499 Unit price: 5.38 EUR

(19): Volume: 1075 Unit price: 5.38 EUR

Aggregated transactions (19):

Volume: 26161 Volume weighted average price: 5.37103 EUR

Transaction date: 2026-01-30

Venue: CEUX

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 1269 Unit price: 5.376 EUR

(2): Volume: 641 Unit price: 5.372 EUR

(3): Volume: 636 Unit price: 5.372 EUR

Aggregated transactions (3):

Volume: 2546 Volume weighted average price: 5.37399 EUR

www.nokia.com

Stock exchange release

30 January 2026

3 (4)

Transaction date: 2026-01-30

Venue: HREU

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 4391 Unit price: 5.38 EUR

Aggregated transactions (1):

Volume: 4391 Volume weighted average price: 5.38 EUR

Transaction date: 2026-01-30

Venue: MHEL

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 1538 Unit price: 5.36 EUR

(2): Volume: 1224 Unit price: 5.362 EUR

(3): Volume: 1518 Unit price: 5.38 EUR

(4): Volume: 1224 Unit price: 5.38 EUR

Aggregated transactions (4):

Volume: 5504 Volume weighted average price: 5.37041 EUR

Transaction date: 2026-01-30

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009000681

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 1140 Unit price: 5.37 EUR

(2): Volume: 570 Unit price: 5.37 EUR

(3): Volume: 591 Unit price: 5.374 EUR

(4): Volume: 1138 Unit price: 5.376 EUR

(5): Volume: 1850 Unit price: 5.378 EUR

(6): Volume: 806 Unit price: 5.378 EUR

(7): Volume: 1664 Unit price: 5.38 EUR

(8): Volume: 7 Unit price: 5.376 EUR

(9): Volume: 1178 Unit price: 5.376 EUR

(10): Volume: 473 Unit price: 5.376 EUR

(11): Volume: 1850 Unit price: 5.372 EUR

(12): Volume: 2000 Unit price: 5.372 EUR

(13): Volume: 1668 Unit price: 5.372 EUR

(14): Volume: 1 Unit price: 5.372 EUR

(15): Volume: 235 Unit price: 5.372 EUR

(16): Volume: 824 Unit price: 5.372 EUR

www.nokia.com

Stock exchange release

30 January 2026

3 (4)

Aggregated transactions (16):

Volume: 15995 Volume weighted average price: 5.37439 EUR

Total aggregated transactions

Volume: 100 000 Volume weighted average price: 5,3740 EUR

About Nokia

Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.

Inquiries:

Nokia Communications

Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Vice President, Global Media Relations

Nokia

Investor Relations

Phone: +358 931 580 507

Email: investor.relations@nokia.com

~~4 STOCK EXCHANGE RELEASE 29 JANUARY 2026~~www.nokia.com

Network Infrastructure (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		1,639			1,826			1,850			2,332			7,646			6,285
Optical Networks		525			730			782			981			3,018			1,636
IP Networks		646			588			578			783			2,594			2,582
Fixed Networks		468			507			490			568			2,034			2,067
Gross profit		687			736			791			1,067			3,281			2,713
Gross margin %		41.9	%		40.3	%		42.8	%		45.8	%		42.9	%		43.2	%
Research and development expenses		(343	)		(374	)		(392	)		(409	)		(1,518	)		(1,195	)
Selling, general and administrative expenses		(228	)		(251	)		(254	)		(274	)		(1,007	)		(845	)
Other operating income and expenses		(1	)		8			1			6			14			44
Operating profit		115			119			145			390			770			718
Operating margin %		7.0	%		6.5	%		7.8	%		16.7	%		10.1	%		11.4	%

Mobile Infrastructure (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		2,573			2,526			2,747			3,562			11,409			12,191
Core Software		535			507			593			765			2,400			2,411
Radio Networks		1,669			1,662			1,763			2,414			7,507			7,852
Technology Standards		369			357			391			384			1,501			1,928
Gross profit		1,137			1,264			1,300			1,814			5,515			6,137
Gross margin %		44.2	%		50.0	%		47.3	%		50.9	%		48.3	%		50.3	%
Research and development expenses		(720	)		(701	)		(683	)		(785	)		(2,889	)		(2,894	)
Selling, general and administrative expenses		(309	)		(292	)		(294	)		(338	)		(1,233	)		(1,320	)
Other operating income and expenses		24			39			31			38			131			189
Operating profit		132			309			354			730			1,525			2,111
Operating margin %		5.1	%		12.2	%		12.9	%		20.5	%		13.4	%		17.3	%

Portfolio Businesses (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		176			199			234			236			845			717
Gross profit		39			35			44			65			183			190
Gross margin %		22.2	%		17.4	%		18.8	%		27.5	%		21.7	%		26.5	%
Research and development expenses		(35	)		(36	)		(32	)		(38	)		(142	)		(146	)
Selling, general and administrative expenses		(36	)		(32	)		(32	)		(35	)		(135	)		(125	)
Other operating income and expenses		—			1			1			2			4			9
Operating profit		(32	)		(32	)		(19	)		(6	)		(90	)		(72	)
Operating margin %		(18.2	)%		(16.1	)%		(8.1	)%		(2.5	)%		(10.7	)%		(10.0	)%

Group Common and Other (Recast)
EUR million	Q1’25			Q2’25			Q3’25			Q4’25			Q1-Q4’25			Q1-Q4’24
Net sales		4			3			4			6			16			34
Gross profit		(6	)		—			(1	)		1			(5	)		4
Research and development expenses		(16	)		(16	)		(16	)		(18	)		(65	)		(63	)
Selling, general and administrative expenses		(10	)		(33	)		(29	)		(38	)		(109	)		(116	)
Other operating income and expenses		—			—			—			—			(1	)		1
Operating profit		(32	)		(48	)		(45	)		(55	)		(180	)		(174	)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Nokia Corporation, has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 29, 2026		Nokia Corporation
Date: January 30, 2026		Nokia Corporation
	By:	/s/ Johanna Mandelin
	Name:	Johanna Mandelin
	Title:	Vice President, Corporate Legal

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