Telefonaktiebolaget LM Ericsson (publ) Earnings Recaps
Q1 2026
Apr 17, 2026
Ericsson delivered a solid Q1 2026 with 6% organic growth across segments, despite a significant currency headwind that reduced reported sales by 10%. The company remains focused on strategic expansion into enterprise and mission-critical networks, demonstrating resilient profitability and strong cash generation.
Key takeaways
- Organic growth of 6% driven by broad-based gains in 5G rollouts and mobile core uptake, with all segments contributing positively.
- Reported net sales declined 10% due to SEK 7.8 billion currency effects; adjusted gross margin held steady at 48.1%.
- EBITA reached SEK 5.6 billion with an 11.3% margin, impacted by currency and share-based compensation; cash flow remained robust at SEK 5.9 billion.
- Strategic investments in enterprise, mission-critical applications, and 5G-based sensing position Ericsson for diversified growth outside traditional CSP markets.
- Sequential share buyback program of SEK 15 billion commenced, reinforcing shareholder value.
Q3 2025
Oct 15, 2025
Ericsson reported a robust Q3 2025, showcasing a three-year high EBITA margin of 14.7% despite a 2% decline in organic sales influenced by foreign exchange headwinds and regional variations in demand.
Key takeaways
- Gross margin stood at 48.1%, reflecting operational efficiency improvements and a focus on cost management.
- The company anticipates further shareholder returns through potential increased dividends or share buybacks, bolstered by strong cash flow and the sale of iconectiv.
- Ericsson secured key contracts in Japan and the UK, reinforcing its strategic foothold in high-growth regions and strengthening its role in programmable networks.
- New monetization opportunities, including fixed wireless access and network API capabilities through the Aduna joint venture, are expected to drive future revenue growth.