Telefonaktiebolaget LM Ericsson (publ) (ERIC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 51.13B | 67.9B | 55.41B | 55.05B | 51.59B | 74.82B | 59.78B | 59.19B | 55.3B | 67.85B | 65.42B | 66.03B | 62.06B | 81.94B | 71.9B | 64.96B | 55.06B | 72.73B | 56.95B | 55.71B |
| Revenue Growth % | -0.9% | -9.25% | -7.31% | -6.99% | -6.7% | 10.28% | -8.62% | -10.36% | -10.89% | -17.2% | -9.01% | 1.65% | 12.71% | 12.67% | 26.24% | 16.59% | 6.62% | 9.79% | -1.49% | 4.35% |
| Cost of Goods Sold | 26.53B | 35.32B | 28.76B | 28.61B | 26.56B | 40.2B | 32.1B | 33.2B | 31.68B | 39.95B | 39.77B | 40.77B | 37.34B | 47.95B | 42.11B | 37.56B | 31.77B | 41.1B | 31.87B | 31.51B |
| COGS % of Revenue | 51.89% | 52.02% | 51.91% | 51.97% | 51.49% | 53.72% | 53.7% | 56.09% | 57.28% | 58.88% | 60.8% | 61.75% | 60.17% | 58.52% | 58.57% | 57.83% | 57.7% | 56.51% | 55.95% | 56.57% |
| Gross Profit | 24.6B | 32.58B | 26.65B | 26.44B | 25.03B | 34.62B | 27.68B | 25.99B | 23.62B | 27.9B | 25.65B | 25.26B | 24.72B | 33.99B | 29.79B | 27.39B | 23.29B | 31.63B | 25.09B | 24.2B |
| Gross Margin % | 48.11% | 47.98% | 48.09% | 48.03% | 48.51% | 46.28% | 46.3% | 43.91% | 42.72% | 41.12% | 39.2% | 38.25% | 39.83% | 41.48% | 41.43% | 42.17% | 42.3% | 43.49% | 44.05% | 43.43% |
| Gross Profit Growth % | -1.73% | -5.91% | -3.71% | 1.72% | 5.96% | 24.09% | 7.91% | 2.9% | -4.43% | -17.91% | -13.9% | -7.8% | 6.13% | 7.47% | 18.74% | 13.21% | 5.12% | 17.56% | 0.41% | 18.65% |
| Operating Expenses | 19.12B | 20.96B | 19.06B | 19.63B | 19.22B | 24.42B | 20.62B | 22.81B | 21.19B | 20.88B | 21.6B | 22.7B | 20.74B | 23.61B | 22.46B | 20.13B | 17.43B | 19.5B | 16.56B | 17.6B |
| OpEx % of Revenue | 37.39% | 30.86% | 34.4% | 35.65% | 37.25% | 32.64% | 34.49% | 38.53% | 38.32% | 30.78% | 33.02% | 34.37% | 33.42% | 28.82% | 31.24% | 30.99% | 31.66% | 26.8% | 29.08% | 31.59% |
| Selling, General & Admin | 7.83B | 8.41B | 7.68B | 7.94B | 7.96B | 10.55B | 8.84B | 10.03B | 9.18B | 9.05B | 9.73B | 10.28B | 8.95B | 11.03B | 9.92B | 8.18B | 6.76B | 7.54B | 6.28B | 6.97B |
| SG&A % of Revenue | 15.31% | 12.39% | 13.86% | 14.43% | 15.42% | 14.1% | 14.79% | 16.94% | 16.61% | 13.34% | 14.87% | 15.57% | 14.43% | 13.46% | 13.79% | 12.59% | 12.28% | 10.37% | 11.03% | 12.51% |
| Research & Development | 11.29B | 12.54B | 11.38B | 11.68B | 11.26B | 13.87B | 11.78B | 12.78B | 12.01B | 11.83B | 11.87B | 12.42B | 11.79B | 12.59B | 12.55B | 11.95B | 10.67B | 11.95B | 10.28B | 10.63B |
| R&D % of Revenue | 22.08% | 18.47% | 20.54% | 21.22% | 21.83% | 18.54% | 19.7% | 21.59% | 21.72% | 17.44% | 18.15% | 18.8% | 18.99% | 15.36% | 17.45% | 18.4% | 19.38% | 16.43% | 18.05% | 19.08% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 5.48B | 11.62B | 7.59B | 6.81B | 5.81B | 10.2B | 7.06B | 3.18B | 2.43B | 7.02B | 4.05B | 2.56B | 3.98B | 10.38B | 7.33B | 7.26B | 5.86B | 12.13B | 8.53B | 6.6B |
| Operating Margin % | 10.72% | 17.12% | 13.7% | 12.38% | 11.26% | 13.64% | 11.81% | 5.38% | 4.4% | 10.35% | 6.18% | 3.88% | 6.41% | 12.66% | 10.19% | 11.18% | 10.64% | 16.68% | 14.97% | 11.85% |
| Operating Income Growth % | -5.7% | 13.93% | 7.53% | 114.01% | 139.04% | 45.3% | 74.46% | 24.23% | -38.88% | -32.33% | -44.78% | -64.73% | -32.09% | -14.48% | -14.07% | 10.06% | 4.62% | 19.37% | -5.53% | 50.84% |
| EBITDA | 7.09B | 13.33B | 9.25B | 8.51B | 7.97B | 12.67B | 8.88B | 5.7B | 4.82B | 9.67B | 39.24B | 5.19B | 6.65B | 13.37B | 9.7B | 9.16B | 7.6B | 14.33B | 10.54B | 8.39B |
| EBITDA Margin % | 13.86% | 19.63% | 16.68% | 15.45% | 15.45% | 16.94% | 14.85% | 9.63% | 8.71% | 14.26% | 59.97% | 7.87% | 10.72% | 16.32% | 13.5% | 14.1% | 13.81% | 19.71% | 18.51% | 15.07% |
| EBITDA Growth % | -11.11% | 5.18% | 4.12% | 49.19% | 65.55% | 30.99% | -77.37% | 9.76% | -27.59% | -27.65% | 304.3% | -43.28% | -12.51% | -6.72% | -7.93% | 9.11% | 3.1% | 16.07% | -5.4% | 30.19% |
| D&A (Non-Cash Add-back) | 1.61B | 1.7B | 1.66B | 1.69B | 2.16B | 2.47B | 1.82B | 2.52B | 2.39B | 2.65B | 35.19B | 2.63B | 2.67B | 2.99B | 2.38B | 1.89B | 1.74B | 2.2B | 2.02B | 1.79B |
| EBIT | 1.91B | 11.45B | 15.41B | 7.18B | 6.24B | 9.09B | 6.03B | -12.76B | 4.92B | 5.8B | -29.05B | 158.8M | 2.98B | 7.74B | 7.49B | 7.62B | 4.75B | 12.1B | 9.03B | 6.01B |
| Net Interest Income | -9.33M | 39.2M | -71.93M | -341.28M | -174.4M | -407.4M | -258.3M | -283.82M | -433.48M | -725.87M | -561.15M | -310.44M | -345.25M | -451.75M | -565.33M | -789.26M | -642.99M | -963.55M | -605.35M | -460.38M |
| Interest Income | 606.3M | 607.62M | 652.28M | 567.82M | 580.4M | 602.37M | 700.41M | 733.79M | 706.22M | 488.94M | 477.94M | 654.69M | 512.92M | 269.72M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 615.63M | 568.42M | 724.21M | 909.09M | 754.8M | 1.01B | 958.72M | 1.02B | 1.14B | 1.21B | 1.04B | 965.12M | 858.17M | 721.47M | 565.33M | 789.26M | 642.99M | 963.55M | 605.35M | 460.38M |
| Other Income/Expense | -4.18B | -763.44M | 7.13B | -511.92M | -318.8M | -2.44B | -1.96B | -16.91B | 1.33B | -2.39B | -34.11B | -3.31B | -1.87B | -3.34B | -373.01M | -454.42M | -1.76B | -1B | -187.27M | -1.16B |
| Pretax Income | 1.3B | 10.86B | 14.72B | 6.3B | 5.49B | 7.77B | 5.1B | -13.73B | 3.76B | 4.63B | -30.06B | -748.94M | 2.11B | 7.03B | 6.95B | 6.81B | 4.1B | 11.13B | 8.34B | 5.44B |
| Pretax Margin % | 2.53% | 15.99% | 26.56% | 11.45% | 10.64% | 10.38% | 8.53% | -23.19% | 6.81% | 6.83% | -45.95% | -1.13% | 3.4% | 8.58% | 9.67% | 10.48% | 7.45% | 15.3% | 14.64% | 9.77% |
| Income Tax | 375.18M | 2.46B | 3.59B | 1.76B | 1.54B | 2.76B | 1.35B | -2.85B | 1.05B | 1.42B | 876.73M | -137.29M | 549.63M | 1.13B | 1.29B | 1.97B | 1.19B | 785.12M | 2.5B | 1.49B |
| Effective Tax Rate % | 28.96% | 22.65% | 24.36% | 28% | 28% | 35.52% | 26.4% | 20.76% | 28% | 30.57% | -2.92% | 18.33% | 26.02% | 16.11% | 18.54% | 29% | 28.99% | 7.05% | 30% | 27.36% |
| Net Income | 920.33M | 8.39B | 10.99B | 4.48B | 3.89B | 4.9B | 3.69B | -11.01B | 2.65B | 3.2B | -31.12B | -702.84M | 1.5B | 5.78B | 5.51B | 4.68B | 2.94B | 10.27B | 5.82B | 3.73B |
| Net Margin % | 1.8% | 12.36% | 19.82% | 8.14% | 7.54% | 6.55% | 6.17% | -18.6% | 4.8% | 4.72% | -47.57% | -1.06% | 2.42% | 7.06% | 7.66% | 7.21% | 5.34% | 14.13% | 10.22% | 6.7% |
| Net Income Growth % | -76.34% | 71.12% | 197.73% | 140.68% | 46.6% | 53.08% | 111.86% | -1466.34% | 76.44% | -44.59% | -664.87% | -115.01% | -48.84% | -43.73% | -5.38% | 25.54% | -11.08% | 43.48% | 8.12% | 58.38% |
| Net Income (Continuing) | 920.33M | 8.4B | 11.13B | 4.54B | 3.95B | 5.01B | 3.75B | -10.88B | 2.71B | 3.22B | -30.94B | -611.65M | 1.56B | 5.9B | 5.66B | 4.84B | 2.91B | 10.35B | 5.84B | 3.95B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 688.17M | 729.01M | -163.3M | -1.04B | -1.18B | -1.3B | -1.27B | -1.37B | -1.51B | -1.26B | -1.37B | -1.51B | -1.56B | -1.48B | -1.8B | -1.82B | -1.83B | -1.67B | -1.7B | -1.63B |
| EPS (Diluted) | 0.28 | 2.51 | 3.33 | 1.34 | 1.16 | 1.47 | 1.11 | -3.30 | 0.80 | 0.96 | -9.35 | -0.21 | 0.45 | 1.73 | 1.65 | 1.41 | 0.88 | 3.08 | 1.75 | 1.12 |
| EPS Growth % | -75.86% | 70.75% | 200% | 140.61% | 45% | 53.13% | 111.87% | -1471.43% | 77.78% | -44.51% | -666.67% | -114.89% | -48.86% | -43.83% | -5.71% | 25.89% | -10.2% | 43.26% | 8.02% | 57.75% |
| EPS (Basic) | 0.28 | 2.52 | 3.34 | 1.34 | 1.17 | 1.47 | 1.11 | -3.30 | 0.80 | 0.96 | -9.35 | -0.21 | 0.45 | 1.74 | 1.65 | 1.41 | 0.88 | 3.09 | 1.75 | 1.12 |
| Diluted Shares Outstanding | 3.34B | 3.34B | 3.33B | 3.33B | 3.34B | 3.33B | 3.34B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B |
| Basic Shares Outstanding | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B | 3.33B |
| Dividend Payout Ratio | - | 53.59% | 1.15% | 100.4% | - | 97.78% | 0.28% | - | - | 131.49% | - | - | - | 70.67% | 1.24% | 95.28% | - | 34.51% | 2.34% | 90.21% |