Telefonaktiebolaget LM Ericsson (publ)
ERICFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
259,365
Cost of Revenue
142,792
Gross Profit
116,573
Gross Margin
44.9%
Operating Income
9,355
Operating Margin
3.6%
Net Income
21
Net Margin
0.0%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
17,153
EBITDA Margin
6.6%
2023
12/31/2023
Revenue
249,797
Cost of Revenue
150,767
Gross Profit
99,031
Gross Margin
39.6%
Operating Income
17,013
Operating Margin
6.8%
Net Income
-25,085
Net Margin
-10.0%
EPS (Basic)
$-7.53
EPS (Diluted)
$-7.53
EBITDA
-9,444
EBITDA Margin
-3.8%
2022
12/31/2022
Revenue
274,275
Cost of Revenue
159,644
Gross Profit
114,630
Gross Margin
41.8%
Operating Income
30,972
Operating Margin
11.3%
Net Income
18,912
Net Margin
6.9%
EPS (Basic)
$5.68
EPS (Diluted)
$5.67
EBITDA
35,449
EBITDA Margin
12.9%
2021
12/31/2021
Revenue
244,538
Cost of Revenue
138,200
Gross Profit
106,338
Gross Margin
43.5%
Operating Income
34,343
Operating Margin
14.0%
Net Income
23,888
Net Margin
9.8%
EPS (Basic)
$7.18
EPS (Diluted)
$7.17
EBITDA
40,385
EBITDA Margin
16.5%
2020
12/31/2020
Revenue
206,972
Cost of Revenue
122,854
Gross Profit
84,119
Gross Margin
40.6%
Operating Income
26,307
Operating Margin
12.7%
Net Income
15,571
Net Margin
7.5%
EPS (Basic)
$4.69
EPS (Diluted)
$4.68
EBITDA
32,775
EBITDA Margin
15.8%