Ericsson Q3 revenue up 6% to $6B on strong Networks sales
Ericsson reported Q3 2026 revenue up 6% year-on-year to SEK59.5 billion ($6 billion), with Networks sales rising 9% to SEK38.7 billion. Net income fell 49% to SEK5.8 billion. New CEO Per Narvinger warned of headwinds from flat RAN market and higher component costs.
- Revenue SEK59.5B ($6B), up 6% year-on-year
- Networks sales SEK38.7B, up 9%
- Net income down 49% to SEK5.8B
- New combined Asia-Pacific market area from 2027
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