Advanced Television

Ericsson boosts sales, but net income slumps

April 17, 2026

Ericsson has reported Q1 2026 sales of SEK 49.3 billion (€4.5bn). The tech giant saw a 79 per cent year-on-year plummet in net income to SEK 887 million for the quarter ending March 31st, hit by restructuring charges tied to headcount reductions in Sweden, which rose to SEK 3.8 billion from SEK 281 million a year earlier.

Reported net sales declined 10 per cent to SEK 49.3 billion. On a more positive note, organic basis sales grew 6 per cent, attributed to a 7 per cent increase in Networks and 4 per cent growth in Cloud Software and Services.

Börje Ekholm, President and CEO, commented: “Our Q1 results demonstrate continued resilience in a dynamic environment, with organic sales growth of 6 per cent. Our healthy gross margins and strong cash flow reflect the progress we have made in recent years, reducing reliance on geographic mix and strengthening our foundations globally.”

“Our multi-year investments in building a resilient, diversified, supply chain have enabled us to deliver consistently for customers amidst geopolitical and macroeconomic uncertainties. We are facing increasing input costs, especially in semiconductors, caused in part by AI demand. Our ambition is to offset these challenges, by working closely with customers and suppliers, and through product substitution and efficiency actions. Looking ahead, while we continue to expect a flattish RAN market, our focused strategy, leading portfolio, and strengthened positions in mission critical and Enterprise give us confidence in our ability to grow faster than the mobile networks market and drive long-term success,” Ekholm concluded.

Categories: Articles, Business, Results

Tags: ,