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Ericsson LM Telephone (ERIC) Q1 2026 earnings results (first quarter 2026)
6-K filed Apr 17, 2026
Ericsson LM Telephone (ERIC) reported revenue of $49.3B for the first quarter 2026 (Q1 2026), -10% from a year earlier. Operating margin was 2.9%, net earnings $887M (1.8% of revenue).
Ericsson LM Telephone, Q1 2026: revenue $49.3B (-10% year over year), operating margin 2.9%, net earnings $887M, operating cash flow $7.4B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.3B | — | -10% |
| Gross profit | $23.3B | — | -12% |
| Operating profit | $1.4B | — | -76% |
| Net earnings | $887M | — | -79% |
| Operating cash flow | $7.4B | — | +70% |
What changed
Revenue was SEK 49.3B in Q1 2026, down 10% year over year. Products was the largest line at 52% of revenue. Products lost SEK 2.5B year over year (down 9%), 44% of the total change.
Gross margin was 47.2%, down 1.0 points from a year earlier. Operating profit was SEK 1.4B, a 2.9% margin (down 7.9 points year over year). Operating expenses grew 6% against a revenue fall of 10%. The fastest-growing cost line was Research & development (+12%). Net earnings were SEK 0.89B, down 79% year over year. The effective tax rate was 29.0%.
Operating cash flow was SEK 7.4B (up 70% year over year), 835% of net earnings. Working capital and other items added SEK 6.5B.
Questions
What was Ericsson LM Telephone's revenue in the first quarter 2026?
Ericsson LM Telephone (ERIC) reported revenue of $49.3B for the first quarter 2026 (Q1 2026), -10% from a year earlier.
Was Ericsson LM Telephone profitable in the first quarter 2026?
Operating profit was $1.4B (2.9% of revenue) and net earnings $887M.