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Filing Flows › Ericsson LM Telephone (ERIC) › Q2 2026 › vs Q1 2026

Ericsson LM Telephone (ERIC) Q2 2026 vs Q1 2026 (quarter over quarter)

Ericsson LM Telephone's revenue rose $3.4B (+7%) from $49.3B in Q1 2026 to $52.7B in Q2 2026. Gross margin 45.8% against 47.2% (-1.4 pts).

Ericsson LM Telephone, Q2 2026: revenue $52.7B (-6% year over year), operating margin 11.2%, net earnings $4.0B, operating cash flow $1.9B. The chart draws each line against Q1 2026, the increases inside each band.

Ericsson LM Telephone: what changed, Q2 2026 vs Q1 2026Ericsson LM Telephone: what changed, Q2 2026 vs Q1 2026Working capital & other$8.6BOperating cash flow−$5.5BPre-tax earnings$4.5BOperating profit$4.5BOperating expenses−$3.7BNet earnings$3.2BResearch & development−$3.0BCost of revenue$2.5BIncome tax$1.3BGross profit$823M

Margins

Q2 2026Q1 2026Change
Gross margin45.8%47.2%-1.4 pts
Operating margin11.2%2.9%+8.3 pts
Net margin7.7%1.8%+5.9 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$52.7B$49.3B$3.4B+7%
Gross profit$24.1B$23.3B$823M+4%
Cost of revenue$28.6B$26.0B$2.5B+10%
Operating profit$5.9B$1.4B$4.5B+310%
Operating expenses$18.2B$21.9B−$3.7B-17%
Pre-tax earnings$5.7B$1.2B$4.5B+359%
Other expense, net$178M$193M−$15.0M-8%
Research & development$10.5B$13.5B−$3.0B-22%
SG&A$7.7B$8.1B−$399M-5%
Net earnings$4.0B$887M$3.2B+356%
Minority interests$30.0M$0$30.0M—
Income tax$1.7B$362M$1.3B+360%
Working capital & other$2.1B−$6.5B$8.6B—
Operating cash flow$1.9B$7.4B−$5.5B-74%

Questions

How much did Ericsson LM Telephone's revenue grow quarter over quarter in Q2 2026?

Ericsson LM Telephone's revenue rose $3.4B (+7%) from $49.3B in Q1 2026 to $52.7B in Q2 2026. Gross margin 45.8% against 47.2% (-1.4 pts).

Q2 2026 results → · Compare in the interactive Sankey →