OverviewSuggest Edit

Ericsson is a global provider of information and communication technology (ICT) to telecom operators. The company operates in four segments: Networks, Digital Services, Managed Services, and Emerging Business. The Networks segment develops, sells, licenses, and delivers hardware, software, and services to support digital transformation for the next generation of mobile services. The Digital Services provides solutions in the areas of business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment offers Ericsson Operations Engine for managing and optimizing telecom networks. The Emerging Business segment is focused on new technologies, such as smart manufacturing, IoT connectivity, connected vehicles, security, and edge computing.

TypePublic
Founded1876
HQStockholm, SE
Websiteericsson.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)99,417(+4%)
Job Openings5
Revenue (FY, 2019)KR227.2 B(+8%)
Share Price (Oct 2020)KR100.7
Cybersecurity ratingDMore

Key People/Management at Ericsson

Börje Ekholm

Börje Ekholm

President, CEO and Director
Ronnie Leten

Ronnie Leten

Chair of the Board of Directors, Chair of the Finance Committee, Member of the Remuneration Committee
Fredrik Jejdling

Fredrik Jejdling

Executive Vice President and Head of Business Area Networks and Head of Segment Networks
MajBritt Arfert

MajBritt Arfert

Senior Vice President, Chief People Officer and Head of Group Function People
Arun Bansal

Arun Bansal

Executive Vice President and Head of Market Area Europe & Latin America
Chris Houghton

Chris Houghton

Senior Vice President and Head of Market Area North East Asia
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Ericsson Office Locations

Ericsson has offices in Stockholm, Borås, Göteborg, Karlskrona and in 163 other locations
Stockholm, SE (HQ)
Torshamnsgatan 21
Borås, SE
Sandlidsgatan 3
Göteborg, SE
Lindholmspiren 11
Karlskrona, SE
Ölandsgatan 1
Kumla, SE
Telefongatan 11
Linköping, SE
Datalinjen 3
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Ericsson Financials and Metrics

Ericsson Revenue

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Ericsson's revenue was reported to be kr227.22 b in FY, 2019 which is a 7.8% increase from the previous period.
SEK

Revenue (FY, 2019)

227.2b

Revenue growth (FY, 2018 - FY, 2019), %

7.8%

Gross profit (FY, 2019)

84.8b

Gross profit margin (FY, 2019), %

37.3%

Net income (FY, 2019)

1.8b

EBIT (FY, 2019)

10.6b

Market capitalization (29-Oct-2020)

336.9b

Closing stock price (29-Oct-2020)

100.7

Cash (31-Dec-2019)

45.1b

EV

339.4b
Ericsson's current market capitalization is kr336.9 b.
Annual
SEKFY, 2017FY, 2018FY, 2019

Revenue

201.3b210.8b227.2b

Revenue growth, %

5%8%

Cost of goods sold

156.8b142.6b142.4b

Gross profit

44.5b68.2b84.8b
Quarterly
SEKQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

46.4b49.9b47.8b43.4b49.8b53.8b48.9b54.8b57.1b

Cost of goods sold

39.9b36.0b35.7b28.6b32.5b34.2b30.1b34.7b35.6b

Gross profit

6.4b13.9b12.1b14.9b17.3b19.6b18.8b20.1b21.5b

Gross profit Margin, %

14%28%25%34%35%36%38%37%38%
Annual
SEKFY, 2017FY, 2018FY, 2019

Cash

35.9b38.4b45.1b

Accounts Receivable

63.2b51.2b43.1b

Inventories

25.0b29.3b30.9b

Current Assets

154.8b161.2b153.9b
Quarterly
Annual
SEKFY, 2017FY, 2018FY, 2019

Net Income

(35.1b)(6.3b)1.8b

Depreciation and Amortization

27.9b8.3b9.1b

Inventories

4.0b(4.8b)261.0m

Accounts Payable

2.4b2.4b(372.0m)
Quarterly
SEKQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(10.9b)(11.9b)(16.2b)(725.0m)(2.5b)221.0m2.4b4.3b(2.6b)

Depreciation and Amortization

5.4b7.6b11.8b1.9b4.0b5.8b2.3b4.6b6.8b

Inventories

(3.6b)(4.7b)(4.1b)(2.8b)(4.7b)(6.5b)(3.0b)(6.0b)(4.9b)

Accounts Payable

626.0m667.0m(152.0m)(598.0m)654.0m1.6b20.0m1.9b(1.1b)
SEKQ1, 2017

Revenue/Employee

418.1k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x
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Ericsson Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2018Q2, 2019Q3, 2019FY, 2019

5G Networks

15 19 24

Commercial Deals (5G)

78

Patents

49 k54 k

Patents Issued

37 k39 k42 k
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Ericsson Acquisitions / Subsidiaries

Company NameDateDeal Size
CradlePointSeptember 18, 2020$1.10 b
CENXSeptember 04, 2018
Allolio&KonradDecember 01, 2016
EricpolJune 21, 2016
NodePrimeApril 05, 2016
FYI TelevisionJanuary 19, 2016
EnvivioSeptember 10, 2015$125 m
TimelessMINDApril 09, 2015
SentillaOctober 16, 2014
Ambient CorporationOctober 01, 2014
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Ericsson Cybersecurity Score

Cybersecurity ratingPremium dataset

D

65/100

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Ericsson Revenue Breakdown

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Ericsson revenue breakdown by business segment: 41.0% from Services, 21.1% from Software and 37.9% from Hardware

Ericsson revenue breakdown by geographic segment: 13.1% from South East Asia, Oceania and India, 11.2% from Middle East and Africa, 30.9% from North America, 26.0% from Europe and Latin America, 11.6% from North East Asia and 7.2% from Other

Human Capital Metrics

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Ericsson Online and Social Media Presence

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Ericsson News and Updates

AT&T, Ericsson to sell CBRS private wireless networks

AT&T and Ericsson are giving enterprises another tool in their networking utility belt. With AT&T Private Cellular Networks, customers can now use Ericsson infrastructure for a localized cellular core and access network, enabled by CBRS shared spectrum.

Zagreb share indices gain ground, Ericsson Nikola Tesla leads blue-chip winners

The share indices of the Zagreb Stock Exchange (ZSE) gained ground on Wednesday, with telecommunications equipment manufacturer Ericsson Nikola Tesla [ZSE:ERNT] pacing the blue-chip winners. Ericsson Nikola Tesla's shares rose 2.16% to a close of 1,420 kuna. Telecommunication services provider Opti…

Ericsson and China Telecom achieve 5G Standalone data call with Ericsson Spectrum Sharing

Ericsson (NASDAQ: ERIC) and China Telecom (Sichuan) have successfully completed China’s first 5G Standalone (SA 5G) Ericsson Spectrum Sharing data call on a commercial network. The milestone was achieved recently on China Telecom’s 2.1GHz commercial 5G network in Deyang City, Sichuan Province. Th…

Invitation to media and analyst briefing for Ericsson Q3 2020 report

Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2020 will be published at approximately 7:00 AM CEST on October 21, 2020. The company will issue a press release with the complete financial report attached, including tables, in PDF format.

Ericsson R&D hub in Egypt ships first locally-developed AI software

Researchers at Ericsson’s Artificial Intelligence & Analytics Hub in Egypt have developed cognitive software that is already been shipped to Ericsson customers worldwide.

Ericsson, UNICEF unveil mapping school internet connectivity plan for African countries

Ericsson and the United Nations Children’s Fund (UNICEF) have agreed to a global partnership that will provide internet connectivity mapping to educational institutions in African countries.
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Ericsson Blogs

5G deployment options to reduce the complexity

There is much more to introducing 5G than simply deploying New Radio (NR) technology. For a successful 5G launch, the operator needs to secure a network platform, that includes end-to-end (E2E) capabilities aligned across devices, RAN, core and management systems.

Digital BSS—how to seize revenue streams

I just returned from an amazing week in New York city for the Ericsson 2018 OSS/BSS User Group event, where Ericsson brought an astounding number of independent telco and operator clients and partners under one roof for the week, to share stories and insights.

Network slicing orchestration—automation from design to assurance

Automation and the ability to customize enhances service performance and customer satisfaction. Orchestration enables the automation of creation and delivery of services. Network slicing is a mechanism that allows operators to offer customized services with shorter time to market. Ericss…

Programmable networks: New 5G functions in 30 seconds

Programmable networks are in the center of service providers journey to digitalization. But what is a Programmable network, and what characteristics are most important here, moving into 5G and IoT? For a fast-track look into this, tap into this blogpost discussion with Marcelo Malizia, S…

Software Defined Infrastructure (SDI): use cases for NFVI

When talking about moving telecom network functions and services to the cloud, the virtual network functions (VNFs) get most of the attention. The software part of the infrastructure—virtual infrastructure managers (VIMs), software-defined networking, and MANO platforms—get some attentio…

Industrial edge computing for the automotive industry

Edge computing will play a key enabling role in the fourth industrial revolution. The automotive industry and other manufacturing industries already have use cases that make them very likely to be early adopters of distributed cloud technology. Augmented Reality (AR) and Machine Learning…
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Ericsson Frequently Asked Questions

  • When was Ericsson founded?

    Ericsson was founded in 1876.

  • Who are Ericsson key executives?

    Ericsson's key executives are Börje Ekholm, Ronnie Leten and Fredrik Jejdling.

  • How many employees does Ericsson have?

    Ericsson has 99,417 employees.

  • What is Ericsson revenue?

    Latest Ericsson annual revenue is kr227.2 b.

  • What is Ericsson revenue per employee?

    Latest Ericsson revenue per employee is kr2.3 m.

  • Who are Ericsson competitors?

    Competitors of Ericsson include Amdocs, Cisco and ZTE.

  • Where is Ericsson headquarters?

    Ericsson headquarters is located at Torshamnsgatan 21, Stockholm.

  • Where are Ericsson offices?

    Ericsson has offices in Stockholm, Borås, Göteborg, Karlskrona and in 163 other locations.

  • How many offices does Ericsson have?

    Ericsson has 174 offices.