The Swedish group specialized in networks and telecommunications equipment Ericsson recorded a net profit attributed of 10,740 million Swedish crowns (961 million euros) in the first nine months of 2026, which represents a decline of 45.9% compared to the same period of the previous year, according to the company itself.
The balance up to September incorporates a negative extraordinary effect of 5,262 million crowns (471 million euros) linked to restructuring costs, well above the 1,240 million crowns (111 million euros) accounted for this concept in the first nine months of 2025.
Between January and September, the net sales of the Scandinavian multinational reached 161,500 million Swedish crowns (14,455 million euros), which represents a decrease of 3.5% compared to the revenue recorded in the same period of 2025.
By business areas, the networks division generated revenues of 104,680 million crowns (9,369 million euros), 2% less. The cloud services and software segment reduced its revenue by 1%, to 42,394 million crowns (3,794 million euros), while the business aimed at companies suffered a decline of 20%, to 13,219 million crowns (1,183 million euros).
In the third quarter of 2026, the net profit attributed was 5,806 million crowns (520 million euros), 47.9% below that obtained in the same period of 2025, despite the fact that the group's net sales advanced by 5.7%, to 59,478 million crowns (5,323 million euros).
"Ericsson is well positioned and we are already seeing improvements in efficiency thanks to the AI functionalities of our portfolio, which are being implemented in our customers' networks," said Per Narvinger, chairman and CEO of Ericsson.
Looking at the upcoming quarters, the executive emphasized the stability of the RAN market, although he warned that geopolitical uncertainty remains and that "component costs represent an obstacle for gross margin next year."
Reorganization and new regional structure
At the same time, Ericsson has announced a reconfiguration of its operational structure and its executive leadership with the goal of articulating an organization that maximizes its R&D capabilities, strengthens customer orientation, and improves cost control.
As of January 1, 2027, the company will launch a new market region, Asia-Pacific (APAC), which will encompass the current market regions of Northeast and Southeast Asia, Oceania, and India. With this integration, Ericsson aims to operate more efficiently across the area, while maintaining a strong focus on each country and each customer.
The new APAC market region will be led by Patrick Johansson, who currently holds the position of head of the market region for Europe, the Middle East, and Africa (EMEA). This change will open a process to appoint the new person responsible for the EMEA region.
Additionally, the company has decided to transfer the portfolio of the Business Area of Enterprise Wireless Solutions (BEWS) to those divisions of Ericsson with greater capacity to scale each line of activity, extract synergies, and optimize the use of its R&D resources.
The CEO of Ericsson has pointed out that this simplification of the operational structure will strengthen customer orientation and promote greater long-term efficiency, allowing the company to react more agilely, improve accountability, and provide stronger support to its customers in a constantly transforming market environment.