Ericsson has reported that Q4 2025 sales increased by 6 per cent YoY, beating analyst estimates. Market areas Europe, Middle East and Africa and South East Asia, Oceania and India all grew, whilst Americas was broadly stable and North East Asia declined. Reported sales were SEK 69.3 billion (€6.5bn).

Full year sales increased by 2 per cent, with growth in Networks and Cloud Software and Services. Reported sales were SEK 236.7 billion.

Ericsson has also announced that it plans to return $1.7 billion to investors through its first share buyback programme.

Börje Ekholm, Ericsson President and CEO, commented: “Our Q4 results demonstrate solid execution of our strategy priorities. It is encouraging that we delivered organic growth in a flattish RAN market environment through our efforts in mission critical networks, 5G core and Enterprise. The operational actions we have taken in recent years have resulted in improved margins and cash flow, with a ninth consecutive quarter of year-over-year adjusted EBITA margin expansion. R&D investments to extend technology leadership continued, with a focus on AI-native, secure, and autonomous mobile networks. We generated strong free cash flow and have a strong cash position today. The Board will propose an increased dividend of SEK 3.00 per share, and will also seek a mandate for a share buyback of SEK 15 billion.”

“For 2026, we expect the RAN market to be flat. Mission critical and enterprise markets, where we are well positioned, are expected to grow. In this environment, we plan to increase investments in defense during 2026 while continuing to optimise our cost base to support margins and cash flow generation,” Ekholm concluded.

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Categories: Articles, Business, Results

Tags: ericcson, sweden