Swedish telecom equipment company supplying mobile networks, 5G infrastructure, cloud software, and enterprise connectivity solutions.
Profile & Fundamentals
Ericsson: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Ericsson Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks. This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services. The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services. The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. The company has a strategic collaboration with T-Mobile US, Inc for the development of AI-native Scheduler with Link Adaptation software. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.
Company profile record
Telefonaktiebolaget LM Ericsson (publ)
Common Stock · Consumer Discretionary · Consumer Electronics
Company
- Company / asset
- Telefonaktiebolaget LM Ericsson (publ)
- Security type
- Common Stock
- Sector
- Consumer Discretionary
- Industry
- Consumer Electronics
- HQ
- 🇸🇪 Sweden
- Head office
- Torshamnsgatan 21, Stockholm, Sweden, 164 83
Leadership & scale
- Chief executive
- Mr. E. Borje Ekholm MBA, MSc
- CEO year born
- 1963
- Full-time employees
- 86.5K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- SEK 311.4B
- P/E
- 12.6x
- Revenue (Q2 26)
- SEK 52.7B
- Profit (Q2 26)
- SEK 4.0B
- Dividend Yield
- 2.2%
- Revenue (FY 25)
- SEK 236.7B
- Shares in public float
- 2.9B
- Insider ownership
- 0.1%
Reporting & identifiers
- Symbol
- ERIC-B.STO
- Listing
- 🇸🇪 Sweden | Dividend Tax: 30%
- Ticker Currency
- SEK
- Income Statement Currency
- SEK
- Balance Sheet Currency
- SEK
- Cash Flow Currency
- SEK
- EPS Currency
- SEK
- Contract Type
- SPOT
- ISIN
- SE0000108656
- Asset ID
- equity_2bd88d74-af34-5d18-ad54-cb29ec0005d9
Ownership
Shares Outstanding
Latest: 3.3B | Max: 3.3B | Min: 3.3B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
86.64%
2.9B latest reported shares
Insider Ownership
0.10%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 3,322,000,000 |
| 2018-01-01 | 3,322,000,000 |
| 2019-01-01 | 3,326,000,000 |
| 2020-01-01 | 3,331,000,000 |
| 2021-01-01 | 3,333,000,000 |
| 2022-01-01 | 3,334,000,000 |
| 2023-01-01 | 3,330,142,400 |
| 2024-01-01 | 3,333,000,000 |
| 2025-01-01 | 3,342,000,000 |
| 2026-01-01 | 3,322,000,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The financial trajectory presents a striking contrast between falling equipment sales and a powerful recovery in bottom-line profitability. Full-year 2025 net income surged to SEK 28.4B following heavy write-downs in prior years, even as headline revenue contracted 4.5% to SEK 237B due to cautious spending by mobile operators. Early 2026 results confirm this pattern, with sales contracting slightly while underlying profit margins remained remarkably solid. This earnings resilience shows that the business has successfully decoupled profitability from equipment volumes. By expanding high-margin patent licensing to over SEK 13.5B annually and rationalizing operating costs, the company now generates strong baseline cash flow regardless of broader telecommunications industry cycles.
The financial trajectory presents a striking contrast between falling equipment sales and a powerful recovery in bottom-line profitability. Full-year 2025 net income surged to SEK 28.4B following heavy write-downs in prior years, even as headline revenue contracted 4.5% to SEK 237B due to cautious spending by mobile operators. Early 2026 results confirm this pattern, with sales contracting slightly while underlying profit margins remained remarkably solid. This earnings resilience shows that the business has successfully decoupled profitability from equipment volumes. By expanding high-margin patent licensing to over SEK 13.5B annually and rationalizing operating costs, the company now generates strong baseline cash flow regardless of broader telecommunications industry cycles.
Revenue, Net Income, and Free Cash Flow
Latest: SEK 236.7B | Max: SEK 271.5B | Min: SEK -35.2B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 11x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability has undergone a dramatic structural reset, with consolidated gross margin climbing from 39.6% in 2023 to 48.1% in 2025 and holding near 48.4% on an adjusted basis in 2026. This expansion stems from proprietary silicon chips in base stations and highly profitable patent licensing renewals. While management has warned that rising semiconductor costs will create temporary friction in hardware deliveries, structural efficiencies provide a strong buffer. High-margin software and licensing revenues permanently elevate normalized operating margins into the 13% to 14% range across the cycle.
Profitability has undergone a dramatic structural reset, with consolidated gross margin climbing from 39.6% in 2023 to 48.1% in 2025 and holding near 48.4% on an adjusted basis in 2026. This expansion stems from proprietary silicon chips in base stations and highly profitable patent licensing renewals. While management has warned that rising semiconductor costs will create temporary friction in hardware deliveries, structural efficiencies provide a strong buffer. High-margin software and licensing revenues permanently elevate normalized operating margins into the 13% to 14% range across the cycle.
Profitability Margins
Latest: 48.1% | Max: 48.1% | Min: -18.9%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
48.1%
Gross profit / revenue
Operating Margin
13.8%
Operating income / revenue
Net Margin
12.0%
Net income / revenue
FCF Margin
12.8%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 24,435,565,312.84 | 188,364,434.69 | 372,996,706.92 |
| 2017-12-31 | 24,549,146,341.46 | -4,293,414,634.15 | 521,951,219.51 |
| 2018-12-31 | 23,823,502,824.86 | -737,853,107.34 | 501,920,903.95 |
| 2019-12-31 | 24,275,213,675.21 | 237,500,000 | 1,090,811,965.81 |
| 2020-12-31 | 28,236,938,031.59 | 2,124,301,336.57 | 2,870,352,369.38 |
| 2021-12-31 | 25,698,451,327.43 | 2,510,398,230.09 | 3,809,734,513.27 |
| 2022-12-31 | 26,035,091,083.41 | 1,795,206,136.15 | 2,364,908,916.59 |
| 2023-12-31 | 26,152,035,749.75 | -2,626,216,484.61 | 169,513,406.16 |
| 2024-12-31 | 22,392,050,587.17 | 1,806,684.73 | 3,850,135,501.36 |
| 2025-12-31 | 25,698,262,757.87 | 3,086,644,951.14 | 3,292,508,143.32 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 10.65 | Trailing four quarters |
| 2024-12-31 | 14,978.5 | Trailing four quarters |
| 2022-12-31 | 10.84 | Annual net income |
| 2021-12-31 | 14.66 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 29.81 | 2.83 | 0.77 | 1.53 |
| 2017-12-31 | 22.13 | -18.94 | -17.49 | 2.13 |
| 2018-12-31 | 32.35 | 0.59 | -3.1 | 2.11 |
| 2019-12-31 | 37.33 | 4.65 | 0.98 | 4.49 |
| 2020-12-31 | 40.33 | 11.97 | 7.52 | 10.17 |
| 2021-12-31 | 43.37 | 13.68 | 9.77 | 14.82 |
| 2022-12-31 | 41.72 | 9.97 | 6.9 | 9.08 |
| 2023-12-31 | 39.64 | 0.03 | -10.04 | 0.65 |
| 2024-12-31 | 44.12 | 2.52 | 0.01 | 17.19 |
| 2025-12-31 | 48.14 | 13.82 | 12.01 | 12.81 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-08.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.