The company posted earnings per share of 13 cents, in line with analysts’ consensus estimate. Quarterly sales came in at 52.7 billion Swedish kronor ($5.42 billion), down 6% from a year earlier and below expectations of $5.84 billion.
Organic sales, which exclude the effects of acquisitions, divestments, and currency movements, fell 1% in the period.
Networks Business Drives Revenue Decline
Sales in the Networks division, Ericsson’s core business, declined 8%. The Enterprise segment dropped 19%, largely due to the divestment of iconectiv in 2025. Cloud Software and Services revenue rose 3%.
On an organic basis, Networks’ sales declined 4%, mainly due to lower IPR licensing revenues. Cloud Software and Services organic sales increased 5%, driven by growth across all market areas.
