Telefonaktiebolaget LM Ericsson (ERCA) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 14, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.12

Last Year’s EPS

0.12

Same Quarter Last Year

Analyst Consensus

Hold

Based on 2 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 17, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a constructive operational picture: healthy organic growth (6%), robust gross margins (group 48.1%, Networks 50.4%), improving software margins, strong cash generation (net cash SEK 68.1bn) and a sizable SEK 15bn buyback. These positives are tempered by material FX headwinds (reported sales down 10% and SEK 7.8bn FX impact), an unacceptable Enterprise loss (adjusted EBITA -SEK 1.4bn) and looming input cost pressure from semiconductors/memory that may hit in H2. Management emphasized supply‑chain resilience, margin levers (pricing, product substitution, service efficiencies) and ongoing cost programs, but some cost savings will show with a delay. Overall, operational momentum and financial flexibility outweigh the near‑term headwinds, though risks remain from currency, component inflation and elevated restructuring costs.

Company Guidance

Guidance: For Q2 Ericsson assumes no tariff changes and the exchange rates stated in the report; it expects Networks sales to be broadly in line with the company’s 3‑year average quarter‑on‑quarter seasonality while Cloud Software & Services sales should grow above that 3‑year average q/q, with Networks adjusted gross margin guided to 49–51%; restructuring charges for 2026 are expected to be elevated (a fairly large part already in Q1) and management flagged stronger‑than‑normal seasonality in Q2 as some deals were pushed from Q1, while reiterating long‑term targets of mid‑single‑digit revenue growth and EBITA margins of 15–18% (and commencing a SEK 15 billion share buyback).

Strong Organic Revenue Growth

Net sales totaled SEK 49.3 billion with organic sales growth of 6% year‑on‑year, and all segments contributed to organic growth.

Operationally Robust Gross Margins

Group adjusted gross margin was 48.1%; Networks adjusted gross margin was 50.4%; Cloud Software & Services adjusted gross margin improved to 43.2% (up >300 basis points YoY).

Healthy Adjusted EBITA and Segment Profitability

Adjusted EBITA for the group was SEK 5.6 billion (margin 11.3%). Networks adjusted EBITA was SEK 6.4 billion with a 13.3% margin; Cloud Software & Services adjusted EBITA increased to SEK 0.6 billion (5.3% margin).

Solid Cash Generation and Strong Net Cash Position

Cash flow before M&A was SEK 5.9 billion in Q1; net cash position increased to SEK 68.1 billion (up SEK 6.9 billion sequentially). Rolling 4‑quarter cash-to-net-sales was 13%, above the 9%–12% target.

Capital Return Program Approved

AGM approved an increased dividend and a share buyback program of up to SEK 15 billion, with repurchases set to start shortly.

Broad-based Geographic Strength (India, Japan, Latin America)

Three market areas delivered double-digit organic growth; Networks saw strong organic growth in India and Japan, and Latin America showed strong growth within the Americas region.

Cloud Software & Services Margin Momentum

Rolling 4‑quarter metrics for Cloud Software & Services show gross margin around 44% and adjusted EBITA margin around 12% — described as new high levels and evidence of improving delivery efficiency and favorable mix.

Supply Chain Resilience and Delivery Capability

Management highlighted diversified supply chain and flexible production/distribution (including mitigation during Middle East disruption), enabling delivery continuity despite geopolitical and tariff headwinds.

Telefonaktiebolaget LM Ericsson (DE:ERCA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:ERCA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 14, 2026	2026 (Q2)	0.12 / -	0.124	―	―	―
Apr 17, 2026	2026 (Q1)	0.10 / 0.03	0.111	-76.19% (-0.08)
Jan 23, 2026	2025 (Q4)	0.17 / 0.25	0.116	115.91% (+0.13)
Oct 14, 2025	2025 (Q3)	0.25 / 0.31	0.097	217.27% (+0.21)
Jul 15, 2025	2025 (Q2)	0.10 / 0.12	-0.279	144.48% (+0.40)
Apr 15, 2025	2025 (Q1)	0.06 / 0.11	0.062	80.00% (+0.05)
Jan 24, 2025	2024 (Q4)	0.17 / 0.12	0.085	36.08% (+0.03)
Oct 15, 2024	2024 (Q3)	0.08 / 0.10	-0.742	113.03% (+0.84)
Jul 12, 2024	2024 (Q2)	0.03 / -0.28	-0.018	-1409.52% (-0.26)
Apr 16, 2024	2024 (Q1)	0.02 / 0.06	0.039	59.09% (+0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:ERCA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 17, 2026	€9.85	€9.60	-2.54%
Jan 23, 2026	€7.97	€8.71	+9.31%
Oct 14, 2025	€6.98	€7.77	+11.36%
Jul 15, 2025	€6.65	€6.11	-8.09%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.