Ericsson ERIC-B.ST
Public, STO, reports in SEK. Founded 1900.
Theme: Mobile.
Telecommunications.
2025-08-01 — Mature
Financials millions, SEK
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 22.8bn SEK | 1.9 % | -443.2 % | 214.0 % | 30.4bn SEK | 133.1 % | 2.7bn SEK | 8.51 | 135.0 | |
| 2024 | 22.4bn SEK | -14.2 % | 44.9 % | 238.9 % | 763m SEK | 3.4 % | 1.8m SEK | 0.01 | -10.8 | |
| 2023 | 26.1bn SEK | 0.3 % | -519.4 % | 194.0 % | -1.8bn SEK | -6.9 % | -26.4bn SEK | -7.94 | -6.5 | |
| 2022 | 26.0bn SEK | – | -508.0 % | 181.7 % | 26.8bn SEK | 102.8 % | 18.7bn SEK | 5.62 | – | |
| 2026-Q2 | 52.7bn SEK | -6.1 % | 45.8 % | 19.9 % | 6.1bn SEK | 11.6 % | 4.0bn SEK | 1.22 | 5.5 | |
| 2026-Q1 | 49.3bn SEK | – | 47.2 % | 27.3 % | 1.7bn SEK | 3.4 % | 888m SEK | 0.27 | – | |
| 2025-Q4 | 69.3bn SEK | – | 47.2 % | 18.9 % | 3.1bn SEK | 4.5 % | 8.6bn SEK | 2.57 | – | |
| 2025-Q3 | 56.2bn SEK | – | 47.6 % | 20.5 % | 15.1bn SEK | 26.8 % | 11.1bn SEK | – | – | |
| 2025-Q2 | 56.1bn SEK | – | 47.5 % | 21.8 % | 6.4bn SEK | 11.3 % | 4.6bn SEK | 1.37 | – |
Sources
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 52.7bn SEK | 56.1bn SEK | -3.4bn (-6 %) |
| Op. margin | 11.6 % | 11.3 % | +0.3 pts |
| FCF | 911m SEK | 3.4bn SEK | -2.5bn (-73 %) |
| Op. income | 6.1bn SEK | ||
| Net income | 4.0bn SEK | ||
| EPS (diluted) | 1.22 | -10.9 % |
Cash flow millions, SEK
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 33.0bn SEK | 3.8bn SEK | 29.2bn SEK | 127.8 % | 1208.4 % | 22.8bn SEK | 28.3bn SEK | 23.9bn SEK | 7.3bn SEK |
| 2024 | 46.3bn SEK | 3.6bn SEK | 42.6bn SEK | 190.2 % | 2570055.6 % | – | – | 27.8bn SEK | 6.4bn SEK |
| 2023 | 7.2bn SEK | 5.5bn SEK | 1.7bn SEK | 6.5 % | – | – | – | 10.7bn SEK | -529m SEK |
| 2022 | 30.9bn SEK | 6.2bn SEK | 24.7bn SEK | 94.8 % | 164.8 % | 20.8bn SEK | 25.3bn SEK | 16.8bn SEK | -19.5bn SEK |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 98.10 SEK | 2026-09-15 | |
|---|---|---|---|
| Market cap | 320.4bn SEK | 32.8bn USD | 2026-09-15 |
| 52w high | 128.45 SEK | 2026-09-15 | |
| 52w low | 72.52 SEK | 2026-09-15 | |
| Off 52w high % | -23.6 % | ||
| P/S | 13.2 | ||
| Lifetime CAGR | 2.5 % |
Notes
- 2025-08-01 opinion Mature