Ericsson reports Q3 sales of SEK 59.5 billion

• Ericsson (NASDAQ:ERIC) generated third-quarter 2026 sales of SEK 59.478 billion, achieving 6% total growth.
• Net income dropped 49% to SEK 5.797 billion, impacted by a large divestment gain in the prior-year period.
• The company is implementing a simpler operating structure while preparing for higher component costs next year.

Ericsson (NASDAQ:ERIC) reported third-quarter 2026 net sales of SEK 59.478 billion, up 6% year over year on higher Networks sales.

Organic sales grew 7% during the period, but net income fell 49% to SEK 5.797 billion due to prior-year comparisons.

Diluted earnings per share decreased to SEK 1.770 from SEK 3.330, as the prior-year quarter included a SEK 1.72 divestment gain.

Adjusted earnings before interest, taxes, and amortization fell to SEK 10.121 billion, excluding the prior-year SEK 7.6 billion capital gain.

Reported gross margin fell to 47.1% from 47.6%, while net cash rose 17% to SEK 60.687 billion.

Ericsson announced a simpler operating structure and expects higher component costs to weigh on gross margins next year.