Telefonaktiebolaget LM Ericsson (publ) (ERIC) Revenue & Revenue Breakdown
Telefonaktiebolaget LM Ericsson (publ) Revenue Highlights
Latest Revenue (Y)
$263.35B
Latest Revenue (Q)
$53.33B
Main Segment (Y)
Services
Main Geography (Y)
UNITED STATES
Telefonaktiebolaget LM Ericsson (publ) Revenue by Period
Telefonaktiebolaget LM Ericsson (publ) Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $263.35B | -3.02% |
| 2022-12-31 | $271.55B | 16.89% |
| 2021-12-31 | $232.31B | -0.03% |
| 2020-12-31 | $232.39B | 2.28% |
| 2019-12-31 | $227.22B | 7.77% |
| 2018-12-31 | $210.84B | 4.74% |
| 2017-12-31 | $201.30B | -9.57% |
| 2016-12-31 | $222.61B | -9.85% |
| 2015-12-31 | $246.92B | 8.31% |
| 2014-12-31 | $227.98B | 0.27% |
| 2013-12-31 | $227.38B | -0.18% |
| 2012-12-31 | $227.78B | 0.38% |
| 2011-12-31 | $226.92B | 11.59% |
| 2010-12-31 | $203.35B | 192.21% |
| 2009-12-31 | $69.59B | -66.69% |
| 2008-12-31 | $208.93B | 11.06% |
| 2007-12-31 | $188.12B | 6.12% |
| 2006-12-31 | $177.27B | 16.84% |
| 2005-12-31 | $151.72B | 14.21% |
| 2004-12-31 | $132.85B | 12.93% |
| 2003-12-31 | $117.64B | -19.47% |
| 2002-12-31 | $146.08B | -36.96% |
| 2001-12-31 | $231.73B | -15.90% |
| 2000-12-31 | $275.55B | 28.05% |
| 1999-12-31 | $215.19B | 16.58% |
| 1998-12-31 | $184.58B | 9.50% |
| 1997-12-31 | $168.57B | 34.00% |
| 1996-12-31 | $125.81B | 27.38% |
| 1995-12-31 | $98.76B | 17.25% |
| 1994-12-31 | $84.23B | 32.58% |
| 1993-12-31 | $63.53B | - |
Telefonaktiebolaget LM Ericsson (publ) generated $263.35B in revenue during NA 2023, up -3.02% compared to the previous quarter, and up 124.91% compared to the same period a year ago.
Telefonaktiebolaget LM Ericsson (publ) Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $53.33B | -25.81% |
| 2023-12-31 | $71.88B | 11.49% |
| 2023-09-30 | $64.47B | 0.05% |
| 2023-06-30 | $64.44B | 3.02% |
| 2023-03-31 | $62.55B | -27.25% |
| 2022-12-31 | $85.98B | 26.37% |
| 2022-09-30 | $68.04B | 8.92% |
| 2022-06-30 | $62.47B | 13.45% |
| 2022-03-31 | $55.06B | -22.81% |
| 2021-12-31 | $71.33B | 26.78% |
| 2021-09-30 | $56.26B | 2.41% |
| 2021-06-30 | $54.94B | 10.37% |
| 2021-03-31 | $49.78B | -28.47% |
| 2020-12-31 | $69.59B | 21.09% |
| 2020-09-30 | $57.47B | 3.41% |
| 2020-06-30 | $55.58B | 11.71% |
| 2020-03-31 | $49.75B | -25.04% |
| 2019-12-31 | $66.37B | 16.18% |
| 2019-09-30 | $57.13B | 4.23% |
| 2019-06-30 | $54.81B | 12.07% |
| 2019-03-31 | $48.91B | -23.36% |
| 2018-12-31 | $63.81B | 18.58% |
| 2018-09-30 | $53.81B | 8.03% |
| 2018-06-30 | $49.81B | 14.74% |
| 2018-03-31 | $43.41B | -24.11% |
| 2017-12-31 | $57.20B | 19.67% |
| 2017-09-30 | $47.80B | -4.29% |
| 2017-06-30 | $49.94B | 7.70% |
| 2017-03-31 | $46.37B | -28.90% |
| 2016-12-31 | $65.22B | 27.68% |
| 2016-09-30 | $51.08B | -5.60% |
| 2016-06-30 | $54.11B | 3.64% |
| 2016-03-31 | $52.21B | -29.03% |
| 2015-12-31 | $73.57B | 24.35% |
| 2015-09-30 | $59.16B | -2.49% |
| 2015-06-30 | $60.67B | 13.36% |
| 2015-03-31 | $53.52B | -21.28% |
| 2014-12-31 | $67.99B | 17.94% |
| 2014-09-30 | $57.64B | 5.09% |
| 2014-06-30 | $54.85B | 15.46% |
| 2014-03-31 | $47.51B | -29.13% |
| 2013-12-31 | $67.03B | 26.52% |
| 2013-09-30 | $52.98B | -4.25% |
| 2013-06-30 | $55.33B | 6.34% |
| 2013-03-31 | $52.03B | -22.27% |
| 2012-12-31 | $66.94B | 22.71% |
| 2012-09-30 | $54.55B | -1.39% |
| 2012-06-30 | $55.32B | 8.52% |
| 2012-03-31 | $50.97B | -19.94% |
| 2011-12-31 | $63.67B | 14.68% |
| 2011-09-30 | $55.52B | 1.37% |
| 2011-06-30 | $54.77B | 3.41% |
| 2011-03-31 | $52.97B | -15.64% |
| 2010-12-31 | $62.78B | 32.23% |
| 2010-09-30 | $47.48B | -1.02% |
| 2010-06-30 | $47.97B | 6.34% |
| 2010-03-31 | $45.11B | -22.66% |
| 2009-12-31 | $58.33B | 25.63% |
| 2009-09-30 | $46.43B | -10.95% |
| 2009-06-30 | $52.14B | 5.19% |
| 2009-03-31 | $49.57B | -25.80% |
| 2008-12-31 | $66.81B | 35.59% |
| 2008-09-30 | $49.27B | 1.51% |
| 2008-06-30 | $48.54B | 9.95% |
| 2008-03-31 | $44.14B | - |
Telefonaktiebolaget LM Ericsson (publ) generated $53.33B in revenue during Q1 2024, up -25.81% compared to the previous quarter, and up 62.02% compared to the same period a year ago.
Telefonaktiebolaget LM Ericsson (publ) Revenue Breakdown
Telefonaktiebolaget LM Ericsson (publ) Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Hardware | $99.64B | $119.22B | $106.40B | $96.29B | $86.13B |
| Services | $104.59B | $97.52B | $93.05B | - | - |
| Software | $59.12B | $54.81B | $45.80B | $49.89B | $48.04B |
Telefonaktiebolaget LM Ericsson (publ)'s latest annual revenue breakdown by segment (product or service), as of Dec 23: Services (39.71%), Hardware (37.84%), and Software (22.45%).
Telefonaktiebolaget LM Ericsson (publ) Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| North East Asia | $23.93B | $26.73B | - | - | - |
| Other Regions | $38.25B | $27.11B | - | - | - |
| SWEDEN | $1.77B | $3.24B | $2.35B | $1.12B | $589.00M |
| CHINA | $10.72B | $10.52B | $10.08B | $18.75B | $15.86B |
| UNITED STATES | $85.31B | $109.71B | $79.90B | $77.83B | $73.28B |
| North America | $59.23B | $95.39B | - | - | - |
| Middle East And Africa | $23.74B | $22.57B | - | - | - |
| JAPAN | $10.14B | $9.96B | $13.68B | - | - |
| INDIA | $31.20B | $10.96B | - | - | - |
| European Union1 | $34.26B | $35.86B | $31.31B | $29.50B | $35.73B |
| CROATIA | - | - | $400.00K | $400.00M | - |
Telefonaktiebolaget LM Ericsson (publ)'s latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (26.78%), North America (18.59%), Other Regions (12.01%), European Union1 (10.75%), INDIA (9.80%), North East Asia (7.51%), Middle East And Africa (7.45%), CHINA (3.36%), JAPAN (3.18%), and SWEDEN (0.56%).
Telefonaktiebolaget LM Ericsson (publ) Peer Comparison by Revenue
ERIC Revenue FAQ
What is Telefonaktiebolaget LM Ericsson (publ)’s yearly revenue?
Telefonaktiebolaget LM Ericsson (publ)'s yearly revenue for 2023 was $263.35B, representing a decrease of -3.02% compared to 2022. The company's yearly revenue for 2022 was $271.55B, representing an increase of 16.89% compared to 2021. ERIC's yearly revenue for 2021 was $232.31B, representing a decrease of -0.03% compared to 2020.
What is Telefonaktiebolaget LM Ericsson (publ)’s quarterly revenue?
Telefonaktiebolaget LM Ericsson (publ)'s quarterly revenue for Q1 2024 was $53.32B, a -25.81% decrease from the previous quarter (Q4 2023), and a -14.75% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $71.88B, a 11.49% increase from the previous quarter (Q3 2023), and a -16.40% decrease year-over-year (Q4 2022). ERIC's quarterly revenue for Q3 2023 was $64.47B, a 0.05% increase from the previous quarter (Q2 2023), and a -5.24% decrease year-over-year (Q3 2022).
What is Telefonaktiebolaget LM Ericsson (publ)’s revenue growth rate?
Telefonaktiebolaget LM Ericsson (publ)'s revenue growth rate for the last 3 years (2021-2023) was 13.36%, and for the last 5 years (2019-2023) was 15.90%.
What are Telefonaktiebolaget LM Ericsson (publ)’s revenue streams?
Telefonaktiebolaget LM Ericsson (publ)'s revenue streams in c 23 are Hardware, Services, and Software. Hardware generated $99.64B in revenue, accounting 37.84% of the company's total revenue, down -16.42% year-over-year. Services generated $104.59B in revenue, accounting 39.71% of the company's total revenue, up 7.24% year-over-year. Software generated $59.12B in revenue, accounting 22.45% of the company's total revenue, up 7.87% year-over-year.
What is Telefonaktiebolaget LM Ericsson (publ)’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Telefonaktiebolaget LM Ericsson (publ) was Services. This segment made a revenue of $104.59B, representing 39.71% of the company's total revenue.