Ericsson on Tuesday reported its second-quarter 2026 financial results, demonstrating resilience with stable margins despite a year-on-year decline in net sales.
Net sales for the quarter reached SEK 52.7 billion, down 6% from SEK 56.1 billion in Q2 2025, but up from the previous quarter. The company highlighted disciplined execution and margin resilience as key factors in its performance.
Adjusted gross margin stood at 48.4%, reflecting continued strength in profitability. Free cash flow before M&A improved, supported by operational efficiencies.
Börje Ekholm, President and CEO of Ericsson, noted the company’s ability to navigate a dynamic environment through strategic focus on 5G, cloud software, and enterprise solutions. The results come as the telecom equipment maker faces varying demand across regions, with particular pressures in certain markets.
Ericsson maintained its outlook, expecting Networks sales to follow typical seasonality while Cloud Software and Services show stronger performance. The company continues to invest in technology areas such as AI-driven automation and open RAN.
The Q2 report underscores Ericsson’s ongoing transformation efforts, including cost management and portfolio optimisation, positioning it for long-term growth in a competitive global telecom landscape.
Full details, including segment breakdowns and regional performance, are available in Ericsson’s official financial report. Shares reacted positively in early trading following the announcement.


