Telefonaktiebolaget LM Ericsson B ADR (ERIC) revenue breakdown
By segment, Networks is the largest at 64% of fiscal 2025 revenue; Enterprise grew fastest, 35% a year over 5 years.
By product, Services is the largest at 39% of fiscal 2025 revenue; Hardware grew fastest, 2% a year over 9 years.
Revenue by segment
Fiscal years, as Telefonaktiebolaget LM Ericsson B ADR reports them in its 10-K filings; fiscal 2025 total $236.7B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Networks | $140.1B | $132.3B | $138.6B | $155.0B | $166.0B | $167.8B | $193.5B | $171.4B | $158.2B | $151.0B | 64% |
| Cloud Software and Services | — | — | — | — | $59.6B | $56.2B | $60.5B | $63.6B | $62.6B | $62.7B | 26% |
| Enterprise | — | — | — | — | $4.8B | $5.5B | $14.6B | $25.7B | $24.9B | $21.1B | 9% |
| Other | — | — | — | — | $2.0B | $2.7B | $3.0B | $2.5B | $2.2B | $1.8B | 1% |
| Digital services | $42.8B | $38.8B | $38.1B | $39.9B | — | — | — | — | — | — | — |
| Managed services | $28.8B | $26.5B | $25.8B | $25.6B | — | — | — | — | — | — | — |
| Emerging business and other | $8.7B | $7.9B | $8.4B | $6.8B | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Telefonaktiebolaget LM Ericsson B ADR reports them in its 10-K filings; fiscal 2025 total $236.7B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Services | $98.5B | $90.6B | $89.4B | $93.0B | $86.2B | $80.1B | $97.5B | $104.6B | $97.7B | $92.9B | 39% |
| Hardware | $72.7B | $70.9B | $76.8B | $86.1B | $96.3B | $106.4B | $119.2B | $99.6B | $93.5B | $88.6B | 37% |
| Software | $49.1B | $43.9B | $44.6B | $48.0B | $49.9B | $45.8B | $54.8B | $59.1B | $56.6B | $55.1B | 23% |
Revenue by region
Fiscal years, as Telefonaktiebolaget LM Ericsson B ADR reports them in its 10-K filings; fiscal 2025 total $236.8B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | — | — | — | — | — | $95.4B | $73.6B | $85.7B | $83.4B | 35% |
| Europe and Latin America | — | — | — | — | — | — | $74.2B | $71.3B | $70.7B | 30% |
| Other regions | $20.1B | $16.7B | $16.5B | $16.3B | $15.9B | $27.1B | $38.3B | — | $37.7B | 16% |
| North East Asia | — | — | $22.3B | $26.4B | $29.1B | $26.7B | $23.9B | $18.8B | $16.0B | 7% |
| India | — | — | — | — | — | $11.0B | $31.2B | $15.2B | $12.3B | 5% |
| Japan | — | — | — | $8.9B | $13.7B | $10.0B | $10.1B | $9.1B | $8.5B | 4% |
| China | $18.9B | $15.0B | $14.6B | $15.9B | $10.1B | $10.5B | $10.7B | $10.2B | $8.2B | 3% |
| European union | — | — | — | — | — | — | — | $35.3B | — | — |
| Sweden | — | — | — | — | $2.3B | — | $1.8B | $2.3B | — | — |
| US | — | — | — | — | $79.9B | — | — | — | — | — |
| North America | — | $52.0B | $58.6B | $70.2B | — | — | — | — | — | — |
| Europe and Latin America | $62.5B | $56.8B | $60.3B | $59.0B | — | — | — | — | — | — |
| US | $56.3B | — | — | — | — | — | — | — | — | — |
| European union | — | — | — | — | — | $35.9B | — | — | — | — |
| South East Asia, Oceania and India | — | — | — | — | — | $33.0B | — | — | — | — |
| European union | — | $36.5B | $35.9B | — | $31.3B | — | — | — | — | — |
| South East Asia, Oceania and India | $31.5B | — | — | $29.8B | $28.8B | — | — | — | — | — |
| Middle East and Africa | $27.4B | $25.0B | — | — | $20.8B | $22.6B | — | — | — | — |
| Sweden | $3.4B | $3.3B | $2.3B | $589M | — | — | — | — | — | — |
Questions
Where does Telefonaktiebolaget LM Ericsson B ADR make its money?
In fiscal 2025, by segment: Networks $151.0B, Cloud Software and Services $62.7B, Enterprise $21.1B, Other $1.8B.
From Telefonaktiebolaget LM Ericsson B ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.