ERIXFNasdaqRadio & Tv Broadcasting & Communications EquipmentUS GAAP · USD

Ericsson

LM Ericsson Telephone Company is a Sweden-based communications technology company that develops mobile network equipment, software, and services for telecom operators and enterprise customers. Its business centers on radio access networks, core network software, and related connectivity solutions used to build and operate public and private communication networks.

Kysy yhtiöstä
Liikevaihto236,7mrd USD
−4,5 %v/v
Liikevoitto (EBIT)38,6mrd USD
+795,8 %v/v
EBIT-marginaali16,3%
+14,6 %-yks.v/v
Nettotulos28,7mrd USD
+7 577,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−1000100200300mrd USD2021: 232,3 mrd USD2021: EBIT 31,8 mrd USD20212022: 271,5 mrd USD2022: EBIT 27,0 mrd USD20222023: 263,4 mrd USD2023: EBIT −20,3 mrd USD20232024: 247,9 mrd USD2024: EBIT 4,3 mrd USD20242025: 236,7 mrd USD2025: EBIT 38,6 mrd USD202512 kk 2026: 230,8 mrd USD12 kk230,8
LiikevaihtoLiikevoitto (EBIT)12 kk = viimeiset 12 kuukautta, ei kokonainen tilikausi
Kysy Clarifolta: Ericsson

Liiketoiminta

Osuus liikevaihdosta
Network Infrastructure50 %

Radio access, core, and transport equipment used to build operator networks.

Software and Cloud Systems20 %

Network software and cloud-native functions that control and optimize networks.

Services20 %

Network rollout, integration, maintenance, and optimization services.

Enterprise Connectivity10 %

Private networks and connectivity solutions for enterprise customers.

Asiakkaat

Ericsson sells primarily to mobile network operators that need equipment and software to deploy, modernize, and manage public wireless networks. It also serves enterprises and other organizations that require private networks, managed connectivity, and network-related services. Customer relationships are typically large-scale, technically complex, and tied to long investment cycles.

Mobile network operators

Buy radio access, core network, and transport systems to build and run public networks.

Telecom service providers

Purchase software, services, and network upgrades for capacity and coverage expansion.

Enterprise customers

Buy private networks and connectivity solutions for factories, campuses, and critical sites.

Public sector and institutions

Use network and communications solutions for mission-critical connectivity needs.

Strategia

Ericsson’s strategy centers on programmable networks, 5G-capable radio systems, and software that helps operators automate and monetize network capacity. It also emphasizes enterprise connectivity and private networks, which extend the company beyond traditional operator infrastructure and broaden the addressable market.

Advance programmable network solutionsKeskipitkä aikaväli

Software-defined networks improve differentiation and create recurring customer value.

Win 5G and network modernization programsLyhyt aikaväli

Operators need equipment and software to upgrade coverage, capacity, and performance.

Expand enterprise connectivityKeskipitkä aikaväli

Private networks diversify revenue beyond traditional carrier spending cycles.

Maantiede

Ericsson operates globally, with headquarters functions in Sweden and a broad sales and service footprint across Europe, the Americas, Asia-Pacific, and other international markets. Because telecom network spending is tied to operator investment cycles and spectrum/technology transitions, geographic mix affects demand timing, competitive intensity, and regulatory exposure.

Riskit

Ericsson’s results depend on telecom operator capital spending, which can shift with carrier budgets, technology transitions, and macro conditions. The business also faces execution risk in large network programs, intense competition, and technical complexity in software and hardware integration. Global operations expose the company to supply chain, geopolitical, regulatory, and foreign exchange risks.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Telecom operator spending cycles1Competitive pressure in network equipment2Geopolitical and regulatory exposure3Execution on large deployment projects4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Telecom operator spending cyclesVaikutus: KorkeaTodennäköisyys: Korkea

    Revenue depends on carrier investment in network upgrades and expansions.

    Kohdistuu: Public network equipment sales

  2. Competitive pressure in network equipmentVaikutus: KorkeaTodennäköisyys: Korkea

    The company competes against global vendors in a concentrated market.

    Kohdistuu: Radio access and core networks

  3. Geopolitical and regulatory exposureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Telecom infrastructure is sensitive to national security, trade, and licensing rules.

    Kohdistuu: Global sales and supply chain

  4. Execution on large deployment projectsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Delays, technical issues, or acceptance problems can affect contract outcomes.

    Kohdistuu: Network rollouts and integration projects

Kysy Clarifolta: Ericsson

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Large telecom contracts may include hardware, software, and services with different timing.

Vaikutus: Affects revenue timing and margin mix

Capitalized development expenses

Network software and product development can be capitalized and amortized.

Vaikutus: Influences operating expense and asset balances

Goodwill and intangible impairment

Acquired technology and brand values must be tested for recoverability.

Vaikutus: Can create non-cash charges

Provisions and contingencies

Warranty, legal, and contract-related exposures require estimates.

Vaikutus: Can change earnings and liability levels

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Telia Company

TELIA · Telecommunications

Telefonica S A

TELFY · Telephone Communications (No Radiotelephone)

Nokia Corporation Sponsored

NOK · Radio & Tv Broadcasting & Communications Equipment

Nokia Oyj

NOKIA · Communication Equipment

Tele2

TEL2-B · Telecommunications

Telefonica Brasil S.A

VIV · Telephone Communications (No Radiotelephone)

Päivitetty: 28.9.2026