Telefonaktiebolaget LM Ericsson (publ)
ERICFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
24,640
Cost of Revenue
13,565
Gross Profit
11,074
Gross Margin
44.9%
Operating Income
889
Operating Margin
3.6%
Net Income
2
Net Margin
0.0%
EPS (Basic)
$0.01
EPS (Diluted)
$0.01
EBITDA
1,629
EBITDA Margin
6.6%
2023
12/31/2023
Revenue
23,731
Cost of Revenue
14,323
Gross Profit
9,408
Gross Margin
39.6%
Operating Income
1,616
Operating Margin
6.8%
Net Income
-2,383
Net Margin
-10.0%
EPS (Basic)
$-7.53
EPS (Diluted)
$-7.53
EBITDA
-897
EBITDA Margin
-3.8%
2022
12/31/2022
Revenue
26,056
Cost of Revenue
15,166
Gross Profit
10,890
Gross Margin
41.8%
Operating Income
2,942
Operating Margin
11.3%
Net Income
1,797
Net Margin
6.9%
EPS (Basic)
$5.68
EPS (Diluted)
$5.67
EBITDA
3,368
EBITDA Margin
12.9%
2021
12/31/2021
Revenue
23,231
Cost of Revenue
13,129
Gross Profit
10,102
Gross Margin
43.5%
Operating Income
3,263
Operating Margin
14.0%
Net Income
2,269
Net Margin
9.8%
EPS (Basic)
$7.18
EPS (Diluted)
$7.17
EBITDA
3,837
EBITDA Margin
16.5%
2020
12/31/2020
Revenue
19,662
Cost of Revenue
11,671
Gross Profit
7,991
Gross Margin
40.6%
Operating Income
2,499
Operating Margin
12.7%
Net Income
1,479
Net Margin
7.5%
EPS (Basic)
$4.69
EPS (Diluted)
$4.68
EBITDA
3,114
EBITDA Margin
15.8%