Telefonaktiebolaget LM Ericsson (publ) (ERIC) Income Statement
ERIC 2025 at a glance
Fiscal year ended December 31, 2025 · Swedish kronorERIC revenue and net income
Where ERIC's revenue goes
2025Each bar shows an amount and its share of revenue. ERIC kept 12.0% of revenue as net income.
ERIC profit margins
ERIC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −14.2% | −6.7% | +1.5% | −1.0% |
| Gross profit | −8.1% | −2.2% | +5.0% | +2.4% |
| Operating income | +228.6% | −0.2% | +3.2% | +1.4% |
| Net income | +127,591.7% | +12.2% | +11.4% | +7.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ERIC income statement in Swedish kronor
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 222.48B | SEK 259.37B | SEK 249.80B | SEK 274.27B | SEK 244.54B | SEK 206.97B | SEK 218.11B | SEK 218.04B | SEK 201.14B | SEK 237.48B |
| Cost of revenue | SEK 115.37B | SEK 142.79B | SEK 150.77B | SEK 159.64B | SEK 138.20B | SEK 122.85B | SEK 136.39B | SEK 141.24B | SEK 151.70B | SEK 164.91B |
| Gross profit | SEK 107.11B | SEK 116.57B | SEK 99.03B | SEK 114.63B | SEK 106.34B | SEK 84.12B | SEK 81.72B | SEK 76.80B | SEK 49.45B | SEK 72.57B |
| Research & development | SEK 45.38B | SEK 53.78B | SEK 45.75B | SEK 47.72B | SEK 44.14B | SEK 35.00B | SEK 36.93B | SEK 38.90B | SEK 32.22B | SEK 28.89B |
| Sales, general & admin | SEK 33.69B | SEK 51.66B | SEK 39.26B | SEK 35.69B | SEK 26.96B | SEK 26.68B | SEK 26.14B | SEK 27.52B | SEK 32.68B | SEK 28.87B |
| Total operating expenses | SEK 76.36B | SEK 107.22B | SEK 82.02B | SEK 83.66B | SEK 71.99B | SEK 57.81B | SEK 60.65B | SEK 66.11B | SEK 63.24B | SEK 58.24B |
| Operating income | SEK 30.74B | SEK 9.36B | SEK 17.01B | SEK 30.97B | SEK 34.34B | SEK 26.31B | SEK 21.07B | SEK 10.69B | −SEK 13.80B | SEK 14.33B |
| Interest income | SEK 2.32B | SEK 1.98B | SEK 1.90B | SEK 717.0M | SEK 360.0M | SEK 796.0M | SEK 1.40B | SEK 461.0M | SEK 177.0M | SEK 32.0M |
| Interest expense | SEK 2.86B | SEK 3.70B | SEK 3.29B | SEK 1.97B | SEK 1.83B | SEK 1.98B | SEK 2.28B | SEK 2.07B | SEK 1.43B | SEK 1.76B |
| Income before taxes | SEK 36.00B | SEK 2.71B | −SEK 22.12B | SEK 24.86B | SEK 30.79B | SEK 24.24B | SEK 8.41B | −SEK 1.51B | −SEK 35.22B | SEK 4.30B |
| Income taxes | SEK 9.01B | SEK 2.32B | SEK 2.64B | SEK 5.55B | SEK 6.60B | SEK 8.54B | SEK 6.64B | SEK 4.98B | −SEK 3.45B | SEK 2.27B |
| Net income | SEK 26.72B | SEK 20.9M | −SEK 25.08B | SEK 18.91B | SEK 23.89B | SEK 15.57B | SEK 2.13B | −SEK 6.75B | −SEK 31.90B | SEK 1.83B |
| EBITDA | SEK 45.82B | SEK 17.15B | −SEK 9.44B | SEK 35.45B | SEK 40.38B | SEK 32.78B | SEK 19.61B | SEK 5.31B | −SEK 25.54B | SEK 14.90B |
| Gross margin | 48.1% | 44.9% | 39.6% | 41.8% | 43.5% | 40.6% | 37.5% | 35.2% | 24.6% | 30.6% |
| Operating margin | 13.8% | 3.6% | 6.8% | 11.3% | 14.0% | 12.7% | 9.7% | 4.9% | −6.9% | 6.0% |
| Net margin | 12.0% | 0.0% | −10.0% | 6.9% | 9.8% | 7.5% | 1.0% | −3.1% | −15.9% | 0.8% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 58.60B | SEK 54.32B | SEK 51.13B | SEK 67.90B | SEK 55.41B | SEK 55.05B | SEK 51.59B | SEK 74.82B | SEK 59.78B | SEK 59.19B | SEK 55.30B | SEK 67.85B |
| Cost of revenue | SEK 30.67B | SEK 28.05B | SEK 26.53B | SEK 35.32B | SEK 28.76B | SEK 28.61B | SEK 26.56B | SEK 40.20B | SEK 32.10B | SEK 33.20B | SEK 31.68B | SEK 39.95B |
| Gross profit | SEK 27.93B | SEK 26.27B | SEK 24.60B | SEK 32.58B | SEK 26.65B | SEK 26.44B | SEK 25.03B | SEK 34.62B | SEK 27.68B | SEK 25.99B | SEK 23.62B | SEK 27.90B |
| Research & development | — | SEK 11.71B | SEK 11.29B | SEK 12.54B | SEK 11.38B | SEK 11.68B | SEK 11.26B | SEK 13.87B | SEK 11.78B | SEK 12.78B | SEK 12.01B | SEK 11.83B |
| Sales, general & admin | — | SEK 7.61B | SEK 8.13B | SEK 8.97B | SEK 7.91B | SEK 8.18B | SEK 8.62B | SEK 10.51B | SEK 9.38B | SEK 10.47B | SEK 8.69B | SEK 9.88B |
| Total operating expenses | SEK 18.38B | SEK 19.58B | SEK 19.12B | SEK 20.96B | SEK 19.06B | SEK 19.63B | SEK 19.22B | SEK 24.42B | SEK 20.62B | SEK 22.81B | SEK 21.19B | SEK 20.88B |
| Operating income | SEK 9.56B | SEK 6.69B | SEK 5.48B | SEK 11.62B | SEK 7.59B | SEK 6.81B | SEK 5.81B | SEK 10.20B | SEK 7.06B | SEK 3.18B | SEK 2.43B | SEK 7.02B |
| Interest income | — | SEK 732.0M | SEK 585.0M | SEK 462.0M | SEK 662.0M | SEK 579.0M | SEK 619.0M | SEK 170.0M | SEK 724.0M | SEK 742.0M | SEK 681.0M | SEK 270.0M |
| Interest expense | SEK 1.20B | SEK 701.0M | SEK 615.6M | SEK 568.4M | SEK 724.2M | SEK 909.1M | SEK 754.8M | SEK 1.01B | SEK 958.7M | SEK 1.02B | SEK 1.14B | SEK 1.21B |
| Income before taxes | SEK 7.84B | SEK 5.92B | SEK 1.30B | SEK 10.86B | SEK 14.72B | SEK 6.30B | SEK 5.49B | SEK 7.77B | SEK 5.10B | −SEK 13.73B | SEK 3.76B | SEK 4.63B |
| Income taxes | SEK 2.13B | SEK 1.72B | SEK 375.2M | SEK 2.46B | SEK 3.59B | SEK 1.76B | SEK 1.54B | SEK 2.76B | SEK 1.35B | −SEK 2.85B | SEK 1.05B | SEK 1.42B |
| Net income | SEK 5.71B | SEK 4.17B | SEK 920.3M | SEK 8.39B | SEK 10.99B | SEK 4.48B | SEK 3.89B | SEK 4.90B | SEK 3.69B | −SEK 11.01B | SEK 2.65B | SEK 3.20B |
| EBITDA | SEK 11.24B | SEK 8.30B | SEK 3.90B | SEK 13.15B | SEK 17.54B | SEK 9.35B | SEK 8.99B | SEK 11.56B | SEK 8.33B | −SEK 10.21B | SEK 7.30B | SEK 8.45B |
| Gross margin | 47.7% | 48.4% | 48.1% | 48.0% | 48.1% | 48.0% | 48.5% | 46.3% | 46.3% | 43.9% | 42.7% | 41.1% |
| Operating margin | 16.3% | 12.3% | 10.7% | 17.1% | 13.7% | 12.4% | 11.3% | 13.6% | 11.8% | 5.4% | 4.4% | 10.3% |
| Net margin | 9.7% | 7.7% | 1.8% | 12.4% | 19.8% | 8.1% | 7.5% | 6.6% | 6.2% | −18.6% | 4.8% | 4.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in Swedish kronor as reported in ERIC's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ERIC financial results
In fiscal year 2025 (ended December 31, 2025), Telefonaktiebolaget LM Ericsson reported revenue of SEK 222.5 billion, down 14.2% from the year before. It had net income of SEK 26.7 billion (up 127,591.7%), a net profit margin of 12.0%. Over five years revenue grew at an average rate of 1.5% a year. Figures are in Swedish kronor, the currency of its financial statements.
See the ERIC stock overview for the latest quote and news, or the ERIC chart for price history and technical indicators.
ERIC income statement FAQ
What is Telefonaktiebolaget LM Ericsson's annual revenue?
Telefonaktiebolaget LM Ericsson reported total revenue of SEK 222.5 billion for fiscal year 2025, which ended on December 31, 2025. That was down 14.2% from SEK 259.4 billion the previous year.
Is Telefonaktiebolaget LM Ericsson profitable?
Yes. Telefonaktiebolaget LM Ericsson reported net income of SEK 26.7 billion in fiscal 2025, a net profit margin of 12.0%; its operating margin was 13.8%.
What is Telefonaktiebolaget LM Ericsson's gross margin?
Telefonaktiebolaget LM Ericsson's gross margin was 48.1% in fiscal 2025: for every $100 of revenue, Telefonaktiebolaget LM Ericsson kept $48 after the direct cost of its products and services.
How much does Telefonaktiebolaget LM Ericsson spend on research and development?
Telefonaktiebolaget LM Ericsson spent SEK 45.4 billion on research and development in fiscal 2025, 20.4% of revenue.
How fast is Telefonaktiebolaget LM Ericsson growing?
Revenue grew 1.5% a year on average over the last five fiscal years, from SEK 207.0 billion to SEK 222.5 billion.
When does Telefonaktiebolaget LM Ericsson's fiscal year end?
Telefonaktiebolaget LM Ericsson's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.