Telefonaktiebolaget LM Ericsson (publ) logo

Telefonaktiebolaget LM Ericsson (publ)

ERIC

NASDAQTechnologyCommunication Equipment

Previous close

$10.22

+$0.11 · +1.09%

Aug 21, 4:00 PM ET

ERIC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

91

Deep Value

Momentum

50

Neutral

Sentiment

52

Mixed

Risk resilience

64

Moderate Risk

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Company profile

Company website

Telefonaktiebolaget LM Ericsson (publ), along with its various subsidiaries, operates as a global supplier of communication infrastructure, software, and service solutions, primarily serving the telecommunications industry and other diverse sectors. The company's business is organized into four distinct segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks division focuses on delivering cutting-edge radio access network (RAN) solutions for a wide array of network spectrums, encompassing robust integrated hardware and software, complete antenna and transport systems, and a full spectrum of services for network setup and ongoing maintenance. Digital Services provides advanced software-driven solutions for critical functions like business support systems (BSS), operational support systems (OSS), communication platforms, core network architecture, and cloud infrastructure. The Managed Services segment offers telecom operators an extensive range of provisions, including comprehensive network and IT management, network design and optimization, and application development and maintenance. Finally, the Emerging Business and Other segment encompasses innovative ventures such as Internet of Things (IoT) technologies, iconectiv, Cradlepoint (known for its wireless edge WAN 4G and 5G enterprise solutions), Red Bee Media, MediaKind, and other developing enterprises. Established in 1876 and based in Stockholm, Sweden, Ericsson maintains a substantial worldwide footprint, with operations spanning North America, Europe and Latin America, the Middle East and Africa, Southeast Asia, Oceania, India, Northeast Asia, and numerous other international markets.

Industry
Communication Equipment
Sector
Technology
Headquarters
SE
CEO
E. Borje Ekholm
Listed since
Aug 24, 1981
Employees
88,826

Market position

Day range

Current $10.22

52-week range

Current $10.22

Open
$10.20
Previous close
$10.11
Volume
3.36M
0.29× average
Average volume
11.69M
Average daily volume
Market cap
33.56B USD
Beta
0.52
Market reference 1
50-day average
$10.5456
-3.09% below average
200-day average
$10.853
-5.83% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
298.71B SEK
P/E (TTM)
13.04×
P/B (TTM)
3.08×
P/S (TTM)
1.39×
EV / EBITDA
6.52×
Earnings yield
9.01%
Free cash flow yield
9.61%
Dividend yield
3.02%

Profitability & efficiency

Gross margin
48.13%
Operating margin
13.77%
Net margin
10.83%
Return on equity
24.40%
Return on assets
9.57%
Return on invested capital
13.28%

Financial health

Debt / equity
0.38×
Current ratio
1.29×
Altman Z-score
2.31
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends54%31%7%-16%Gross margin, FY2021: 43.49%Gross margin, FY2022: 41.79%Gross margin, FY2023: 39.64%Gross margin, FY2024: 44.95%Gross margin, FY2025: 48.14%Operating margin, FY2021: 14.04%Operating margin, FY2022: 11.29%Operating margin, FY2023: 6.81%Operating margin, FY2024: 3.61%Operating margin, FY2025: 13.82%Net margin, FY2021: 9.77%Net margin, FY2022: 6.90%Net margin, FY2023: -10.04%Net margin, FY2024: 0.01%Net margin, FY2025: 12.01%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.49%. Gross margin FY2022 41.79%. Gross margin FY2023 39.64%. Gross margin FY2024 44.95%. Gross margin FY2025 48.14%. Operating margin FY2021 14.04%. Operating margin FY2022 11.29%. Operating margin FY2023 6.81%. Operating margin FY2024 3.61%. Operating margin FY2025 13.82%. Net margin FY2021 9.77%. Net margin FY2022 6.90%. Net margin FY2023 -10.04%. Net margin FY2024 0.01%. Net margin FY2025 12.01%.

Income trends

Revenue

222.48B SEK-14.22%

Operating income

30.74B SEK+228.63%

Net income

26.72B SEK+127591.67%
Income trends across reported periods304.21B SEK184.47B SEK64.72B SEK−55.02B SEKRevenue, FY2021: 244.54B SEKRevenue, FY2022: 274.27B SEKRevenue, FY2023: 249.8B SEKRevenue, FY2024: 259.37B SEKRevenue, FY2025: 222.48B SEKOperating income, FY2021: 34.34B SEKOperating income, FY2022: 30.97B SEKOperating income, FY2023: 17.01B SEKOperating income, FY2024: 9.36B SEKOperating income, FY2025: 30.74B SEKNet income, FY2021: 23.89B SEKNet income, FY2022: 18.91B SEKNet income, FY2023: −25.08B SEKNet income, FY2024: 20.93M SEKNet income, FY2025: 26.72B SEKFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 244.54B SEK. Revenue FY2022 274.27B SEK. Revenue FY2023 249.8B SEK. Revenue FY2024 259.37B SEK. Revenue FY2025 222.48B SEK. Operating income FY2021 34.34B SEK. Operating income FY2022 30.97B SEK. Operating income FY2023 17.01B SEK. Operating income FY2024 9.36B SEK. Operating income FY2025 30.74B SEK. Net income FY2021 23.89B SEK. Net income FY2022 18.91B SEK. Net income FY2023 −25.08B SEK. Net income FY2024 20.93M SEK. Net income FY2025 26.72B SEK.
Metric (SEK)FY2025FY2024FY2023FY2022FY2021
Revenue222.48B SEK259.37B SEK249.8B SEK274.27B SEK244.54B SEK
Cost of goods sold115.37B SEK142.79B SEK150.77B SEK159.64B SEK138.2B SEK
Gross profit107.11B SEK116.57B SEK99.03B SEK114.63B SEK106.34B SEK
Research and development45.38B SEK53.78B SEK45.75B SEK47.72B SEK44.14B SEK
Selling, general, and administrative30.99B SEK53.44B SEK36.27B SEK35.94B SEK27.85B SEK
Operating expenses76.36B SEK107.22B SEK82.02B SEK83.66B SEK71.99B SEK
Interest income2.33B SEK2.63B SEK1.8B SEK724.21M SEK378.94M SEK
Interest expense2.86B SEK3.7B SEK3.29B SEK1.97B SEK1.83B SEK
Depreciation and amortization7B SEK10.48B SEK9.5B SEK8.64B SEK7.49B SEK
Operating income30.74B SEK9.36B SEK17.01B SEK30.97B SEK34.34B SEK
Net income26.72B SEK20.93M SEK−25.08B SEK18.91B SEK23.89B SEK

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
+11.70%
11 comparable reports
Latest EPS result
0.13
Estimate 0.13 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.390.270.150.03Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MetQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 0.17, estimate 0.21, surprise -19.05%, Miss. Q2 2025, reported Apr 15, 2025: actual 0.12, estimate 0.09, surprise +33.33%, Beat. Q3 2025, reported Jul 15, 2025: actual 0.14, estimate 0.12, surprise +16.67%, Beat. Q4 2025, reported Oct 14, 2025: actual 0.349, estimate 0.13, surprise +168.23%, Beat. Q1 2026, reported Jan 23, 2026: actual 0.27, estimate 0.23, surprise +17.39%, Beat. Q2 2026, reported Apr 17, 2026: actual 0.03, estimate 0.11, surprise -73.07%, Miss. Q3 2026, reported Jul 14, 2026: actual 0.13, estimate 0.13, surprise 0.00%, Met estimate. Q4 2026, reported Oct 15, 2026: actual —, estimate 0.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8B7.02B6.03B5.05BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 6.69B USD, estimate 6.52B USD, surprise +2.47%, Beat. Q2 2025, reported Apr 15, 2025: actual 5.61B USD, estimate 5.35B USD, surprise +4.73%, Beat. Q3 2025, reported Jul 15, 2025: actual 5.79B USD, estimate 6.15B USD, surprise -5.90%, Miss. Q4 2025, reported Oct 14, 2025: actual 5.89B USD, estimate 5.93B USD, surprise -0.78%, Miss. Q1 2026, reported Jan 23, 2026: actual 7.69B USD, estimate 7.19B USD, surprise +7.07%, Beat. Q2 2026, reported Apr 17, 2026: actual 5.41B USD, estimate 5.48B USD, surprise -1.30%, Miss. Q3 2026, reported Jul 14, 2026: actual 5.47B USD, estimate 5.66B USD, surprise -3.24%, Miss. Q4 2026, reported Oct 15, 2026: actual —, estimate 5.77B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.94

32.09% downside
Past 12 months12-month forecastHigh $7.78Average $6.94Low $6.10

Rating distribution

40 ratings
Strong buy00%
Buy1538%
Hold2357%
Sell25%
Strong sell00%

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.2938

2025 complete year+27.3% since 2021

2026 partial: $0.1615

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Apr 2, 2026

$0.1615

Semi-Annual

Record Apr 2, 2026 · Payment Apr 17, 2026

Dividend

Ex-dividend Sep 29, 2025

$0.1515

Semi-Annual

Record Sep 29, 2025 · Payment Oct 10, 2025

Dividend

Ex-dividend Mar 27, 2025

$0.1423

Semi-Annual

Record Mar 27, 2025 · Payment Apr 9, 2025

Dividend

Ex-dividend Oct 2, 2024

$0.1302

Semi-Annual

Record Oct 2, 2024 · Payment Oct 16, 2024

Dividend

Ex-dividend Apr 4, 2024

$0.1275

Semi-Annual

Record Apr 5, 2024 · Payment Apr 17, 2024

Dividend

Ex-dividend Sep 28, 2023

$0.1222

Semi-Annual

Record Sep 29, 2023 · Payment Oct 12, 2023

ERIC peers

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