Telefonaktiebolaget LM Ericsson (publ) (ERIC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ERIC Revenue Growth
Revenue Breakdown (FY 2025)
ERIC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ERIC Revenue Analysis (2014–2025)
As of May 6, 2026, Telefonaktiebolaget LM Ericsson (publ) (ERIC) generated trailing twelve-month (TTM) revenue of $229.96 billion, reflecting moderate decline in growth of -9.2% year-over-year. The most recent quarter (Q4 2025) recorded $67.90 billion in revenue, up 22.5% sequentially.
Looking at the longer-term picture, ERIC's 5-year compound annual growth rate (CAGR) stands at +1.5%, indicating moderate growth over time. The company achieved its highest annual revenue of $274.27 billion in 2022.
Revenue diversification analysis shows ERIC's business is primarily driven by Services (39%), Hardware (37%), and Software (23%).
When compared to Technology sector peers including NOK (+4.3% YoY), CSCO (+9.0% YoY), and HPE (+14.9% YoY), ERIC has underperformed the peer group in terms of revenue growth. Compare ERIC vs NOK →
ERIC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ERICCurrent | $230.0B | -9.2% | +1.5% | 13.8% | |
 NOK | $19.9B | +4.3% | -1.9% | 3.9% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% | |
 HPE | $34.3B | +14.9% | +4.9% | 4.8% | |
 VIAV | $1.1B | +30.6% | -0.9% | 6.5% | |
 CIEN | $4.8B | +26.5% | +6.2% | 6.5% |
ERIC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $222.48B | -14.2% | $107.11B | 48.1% | $30.74B | 13.8% |
| 2024 | $259.37B | +3.8% | $116.57B | 44.9% | $9.36B | 3.6% |
| 2023 | $249.80B | -8.9% | $99.03B | 39.6% | $17.01B | 6.8% |
| 2022 | $274.27B | +12.2% | $114.63B | 41.8% | $30.97B | 11.3% |
| 2021 | $244.54B | +18.1% | $106.34B | 43.5% | $34.34B | 14.0% |
| 2020 | $206.97B | -5.1% | $84.12B | 40.6% | $26.31B | 12.7% |
| 2019 | $218.11B | +0.0% | $81.72B | 37.5% | $21.07B | 9.7% |
| 2018 | $218.04B | +8.4% | $76.80B | 35.2% | $10.69B | 4.9% |
| 2017 | $201.14B | -15.3% | $49.45B | 24.6% | $-13,795,650,000 | -6.9% |
| 2016 | $237.48B | -3.5% | $72.57B | 30.6% | $14.33B | 6.0% |
Full ERIC Stock Analysis
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Start ComparisonERIC — Frequently Asked Questions
Quick answers to the most common questions about buying ERIC stock.
Is ERIC's revenue growth accelerating or slowing?
ERIC revenue declined -9.2% year-over-year, contrasting with the 5-year CAGR of +1.5%. TTM revenue fell to $230.0B. This reverses the prior growth trend.
What is ERIC's long-term revenue growth rate?
Telefonaktiebolaget LM Ericsson (publ)'s 5-year revenue CAGR of +1.5% reflects the variable expansion pattern. Current YoY growth of -9.2% is below this long-term average.
How is ERIC's revenue distributed by segment?
ERIC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.