| __timestamp | Nokia Oyj | Telefonaktiebolaget LM Ericsson (publ) |
|---|---|---|
| Wednesday, January 1, 2014 | 7094000000 | 145556000000 |
| Thursday, January 1, 2015 | 7045000000 | 161101000000 |
| Friday, January 1, 2016 | 15157000000 | 156243000000 |
| Sunday, January 1, 2017 | 14009000000 | 156758000000 |
| Monday, January 1, 2018 | 14117000000 | 142638000000 |
| Tuesday, January 1, 2019 | 14989000000 | 142392000000 |
| Wednesday, January 1, 2020 | 13653000000 | 138666000000 |
| Friday, January 1, 2021 | 13368000000 | 131565000000 |
| Saturday, January 1, 2022 | 14689000000 | 158251000000 |
| Sunday, January 1, 2023 | 13571000000 | 161749000000 |
Unleashing the power of data
In the ever-evolving telecommunications industry, the cost of revenue is a critical metric that reflects a company's efficiency and market strategy. Over the past decade, from 2014 to 2023, Telefonaktiebolaget LM Ericsson and Nokia Oyj have showcased contrasting trends in their cost of revenue. Ericsson's cost of revenue has consistently been higher, peaking at approximately 161.7 billion in 2023, marking a 10% increase from 2014. In contrast, Nokia's cost of revenue has been more volatile, with a notable 115% increase from 2014 to 2016, followed by a stabilization around 13.5 billion in recent years. This divergence highlights Ericsson's expansive operational scale compared to Nokia's more fluctuating cost structure. As these giants continue to innovate, understanding their financial strategies offers valuable insights into their competitive positioning in the global market.
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