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Ericsson revenue increased from kr227.2 billion in 2019 to kr232.4 billion in 2020, a (2.3%) increase.

Annual Revenue (kr)

Ericsson revenue was kr232.39 b in FY, 2020 which is a (2.3%) year over year increase from the previous period.

Quarterly Revenue (kr)

FY, 2018FY, 2019FY, 2020
Revenuekr210.84 bkr227.22 bkr232.39 b
Growth5.00%7.77%2.28%
Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020
Revenuekr43.41 bkr49.81 bkr53.81 bkr48.91 bkr54.81 bkr57.13 bkr49.75 bkr55.58 bkr57.47 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Ericsson revenue breakdown by business segment: 16.1% from Digital Services, 9.7% from Managed Services, 71.4% from Networks and 2.8% from Other

Ericsson revenue breakdown by geographic segment: 31.7% from North America, 14.3% from North East Asia, 24.0% from Europe and Latin America, 10.0% from Middle East and Africa, 12.9% from South East Asia, Oceania and India and 7.0% from Other

FY, 2020FY, 2018FY, 2019
Serviceskr89.41 bkr93.05 b
Softwarekr44.63 bkr48.04 b
Hardwarekr76.79 bkr86.13 b
Digital Serviceskr37.32 b
Other kr6.49 b
Managed Serviceskr22.6 b
Networkskr165.98 b
FY, 2020FY, 2018FY, 2019
South East Asia, Oceania and Indiakr30.05 bkr29.59 bkr29.78 b
Middle East and Africakr23.3 bkr24.34 bkr25.53 b
North Americakr73.78 bkr58.59 bkr70.22 b
Otherkr16.19 bkr16.45 bkr16.29 b
Europe and Latin Americakr55.75 bkr59.56 bkr59.01 b
North East Asiakr33.33 bkr22.31 bkr26.4 b

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