Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC
Income Statement
Earnings Waterfall
Telefonaktiebolaget LM Ericsson
Revenue
|
254.1B
SEK
|
Cost of Revenue
|
-151.9B
SEK
|
Gross Profit
|
102.3B
SEK
|
Operating Expenses
|
-84.2B
SEK
|
Operating Income
|
18.1B
SEK
|
Other Expenses
|
-43.5B
SEK
|
Net Income
|
-25.4B
SEK
|
Income Statement
Telefonaktiebolaget LM Ericsson
Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
228 060
N/A
|
228 828
+0%
|
229 173
+0%
|
232 390
+1%
|
232 418
+0%
|
231 781
0%
|
230 572
-1%
|
232 314
+1%
|
237 597
+2%
|
245 121
+3%
|
256 898
+5%
|
271 546
+6%
|
279 038
+3%
|
281 017
+1%
|
277 450
-1%
|
263 351
-5%
|
254 123
-4%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(141 620)
|
(141 256)
|
(138 334)
|
(137 941)
|
(136 735)
|
(133 464)
|
(132 308)
|
(131 292)
|
(134 641)
|
(139 684)
|
(148 053)
|
(158 056)
|
(163 925)
|
(167 595)
|
(166 942)
|
(158 947)
|
(151 853)
|
|
Gross Profit |
86 440
N/A
|
87 572
+1%
|
90 839
+4%
|
94 449
+4%
|
95 683
+1%
|
98 317
+3%
|
98 264
0%
|
101 022
+3%
|
102 956
+2%
|
105 437
+2%
|
108 845
+3%
|
113 490
+4%
|
115 113
+1%
|
113 422
-1%
|
110 508
-3%
|
104 404
-6%
|
102 270
-2%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(75 227)
|
(75 597)
|
(65 997)
|
(64 960)
|
(65 497)
|
(66 087)
|
(66 144)
|
(68 492)
|
(71 484)
|
(73 216)
|
(78 579)
|
(84 075)
|
(85 667)
|
(88 090)
|
(87 187)
|
(86 168)
|
(84 216)
|
|
Selling, General & Administrative |
(26 227)
|
(26 323)
|
(27 631)
|
(26 396)
|
(26 388)
|
(26 395)
|
(26 591)
|
(26 858)
|
(27 235)
|
(28 228)
|
(31 409)
|
(35 582)
|
(37 544)
|
(39 512)
|
(38 617)
|
(38 235)
|
(36 766)
|
|
Research & Development |
(38 606)
|
(38 945)
|
(39 403)
|
(39 303)
|
0
|
(30 792)
|
(31 092)
|
(41 937)
|
(43 033)
|
(44 044)
|
(45 760)
|
(47 244)
|
(48 153)
|
(48 379)
|
(48 206)
|
(48 233)
|
(47 533)
|
|
Other Operating Expenses |
(10 394)
|
(10 329)
|
1 037
|
739
|
(39 109)
|
(8 900)
|
(8 461)
|
303
|
(1 216)
|
(944)
|
(1 410)
|
(1 249)
|
30
|
(199)
|
(364)
|
300
|
83
|
|
Operating Income |
11 213
N/A
|
11 975
+7%
|
24 842
+107%
|
29 489
+19%
|
30 186
+2%
|
32 230
+7%
|
32 120
0%
|
32 530
+1%
|
31 472
-3%
|
32 221
+2%
|
30 266
-6%
|
29 415
-3%
|
29 446
+0%
|
25 332
-14%
|
23 321
-8%
|
18 236
-22%
|
18 054
-1%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(2 445)
|
(1 797)
|
(848)
|
(135)
|
(568)
|
(1 265)
|
(1 995)
|
(2 129)
|
(2 836)
|
(3 060)
|
(2 886)
|
(1 116)
|
(3 271)
|
(3 453)
|
(4 742)
|
(2 100)
|
(4 127)
|
|
Non-Reccuring Items |
(893)
|
(1 458)
|
(1 641)
|
(1 380)
|
(1 082)
|
(1 203)
|
(878)
|
(682)
|
(13)
|
642
|
766
|
(3 024)
|
(3 538)
|
(6 522)
|
(39 429)
|
(38 401)
|
(35 746)
|
|
Total Other Income |
0
|
0
|
0
|
(762)
|
0
|
0
|
0
|
(469)
|
0
|
0
|
0
|
(666)
|
0
|
0
|
0
|
(1 054)
|
0
|
|
Pre-Tax Income |
7 875
N/A
|
8 720
+11%
|
22 353
+156%
|
27 212
+22%
|
28 536
+5%
|
29 762
+4%
|
29 247
-2%
|
29 250
+0%
|
28 623
-2%
|
29 803
+4%
|
28 146
-6%
|
24 609
-13%
|
22 637
-8%
|
15 357
-32%
|
(20 850)
N/A
|
(23 319)
-12%
|
(21 819)
+6%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(6 158)
|
(6 265)
|
(7 438)
|
(9 589)
|
(10 025)
|
(9 936)
|
(9 221)
|
(6 270)
|
(5 899)
|
(6 329)
|
(5 078)
|
(5 497)
|
(4 862)
|
(2 829)
|
(2 473)
|
(2 785)
|
(3 247)
|
|
Income from Continuing Operations |
1 717
|
2 455
|
14 915
|
17 623
|
18 511
|
19 826
|
20 026
|
22 980
|
22 724
|
23 474
|
23 068
|
19 112
|
17 775
|
12 528
|
(23 323)
|
(26 104)
|
(25 066)
|
|
Income to Minority Interest |
345
|
354
|
(524)
|
(140)
|
3
|
(85)
|
114
|
(286)
|
(277)
|
(202)
|
(334)
|
(388)
|
(475)
|
(418)
|
(451)
|
(342)
|
(337)
|
|
Net Income (Common) |
2 062
N/A
|
2 809
+36%
|
14 391
+412%
|
17 483
+21%
|
18 514
+6%
|
19 741
+7%
|
20 140
+2%
|
22 694
+13%
|
22 447
-1%
|
23 272
+4%
|
22 734
-2%
|
18 724
-18%
|
17 300
-8%
|
12 110
-30%
|
(23 774)
N/A
|
(26 446)
-11%
|
(25 403)
+4%
|
|
EPS (Diluted) |
0.62
N/A
|
0.84
+35%
|
4.34
+417%
|
5.26
+21%
|
5.57
+6%
|
5.93
+6%
|
6.05
+2%
|
6.82
+13%
|
6.74
-1%
|
6.99
+4%
|
6.83
-2%
|
5.62
-18%
|
5.2
-7%
|
3.64
-30%
|
-7.14
N/A
|
-7.94
-11%
|
-7.63
+4%
|