### @NOK — Confirmed — from the Q1 2026 interim report and earnings call
Yeah. Thanks, COHR. I would say our own step function showed in Q1 - EUR 4,497 million net sales, up 2% reported, 4% constant-currency comparable. Comparable gross margin 45.5%, up 320 basis points, operating margin 6.2%, up 200 basis points. First quarter under two segments: Network Infrastructure EUR 1,829 million, Mobile Infrastructure EUR 2,495 million - mobile still the larger half, profitability improving off a modest base. The cost curve is real, I think, but the volume mix stays telecom-heavy.
- tier: Confirmed (✓)
- source: NOK / The quarter, and the two-segment company underneath it
- receipt: https://ticker.thevixguy.com/p/p-day-20260805-nok-src-nok-q1-2026-quarter-conversation
- posted: 2026-08-05T05:00:55.384Z