SSE$ERIC

Telefonaktiebolaget LM Ericsson · Q2 2026 earnings

Q2 2026 earnings · · Investor relations

Briefing

Ericsson reported Q2 2026 results with net sales of SEK 52.7 billion and net income of SEK 4.1 billion.

Telefonaktiebolaget LM Ericsson reported second quarter 2026 results on July 14, 2026. Reported net sales declined 6% year-over-year to SEK 52.7 billion, with organic sales down 1% primarily due to lower IPR licensing revenues. Adjusted gross margin improved to 48.4%, while net income was SEK 4.1 billion and diluted EPS SEK 1.22. The company maintained a strong net cash position of SEK 59.8 billion.

  • Reported sales SEK 52.7 billion, organic sales -1% YoY due to lower IPR licensing.
  • Adjusted gross margin 48.4% and adjusted EBITA margin 13.1%.
  • Net income SEK 4.1 billion; diluted EPS SEK 1.22.
  • Free cash flow before M&A SEK 0.4 billion; net cash SEK 59.8 billion at period end.

Headline financials

Total Revenue

kr52.7B

Previous: kr5.9B+793.4%
EPS (adj)

kr1.22

Previous: kr0.14+771.4%
Adjusted EBITA

kr6.9B

Previous: kr7.4B-6.8%
Adjusted EBITA Margin

13.1%

Previous: 13.2%-0.8%
IPR Licensing Revenue

kr3.4B

Previous: kr4.9B-30.6%
Free Cash Flow before M&A

kr400M

Previous: kr2.6B-84.6%
Net Cash

kr59.8B

Previous: kr36B+66.1%
Reported Gross Margin

45.8%

Previous: 47.5%-3.6%
Free Cash Flow

kr400M

No prior period
Net Income

kr4.1B

Previous: kr484M+747.7%
Operating Income

kr5.9B

Previous: kr672M+778.0%
Gross Profit

kr24.1B

Previous: kr2.8B+760.1%

Revenue & EPS history

Ericsson · Revenue · Quarterly

kr52.7B

Q2 2026+793.4%vs Q2 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Revenue by segment

Ericsson · kr52.6B total across 4 segments · Q2 2026

  • Networks
    kr33B
  • Cloud Software and Services
    kr14.7B
  • Enterprise
    kr4.5B
  • Other
    kr400M

Forward guidance

Continued focus on margin resilience and growth in AI-driven connectivity areas.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports

Historical avg

-3.3%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+0.2%

Avg return

30 days after

0%

0 / 3 earnings

Positive

-0.3%

Q4 2025

Best reaction

-7.9%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2025-0.3%+3.9%+3.7%
Q2 2025-7.9%-4.8%-2.9%
Q4 2024-1.6%-0.2%+0.0%

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