Ericsson

ERIC Technology Communication Equipment

Ericsson’s revenue for fiscal 2025 (year ended December 2025) was $24.2 billion, up 3.15% from fiscal 2024.

Revenue
+4.35%
EPS
−48.6%
Free cash flow
−30.0%
Total debt
+0.61%

Quarter to September 2026, against a year earlier

10.24 0.20 −1.92%
Market cap
$31.3B
P/E
17.2×
Fwd P/E
—
Dividend yield
3.04%
F-score
8/9
Altman Z
2.89
Beneish M
−2.53
Dividend safety
70/100

Ericsson (ERIC) Free cash flow

Alert me on Free cash flow

Ericsson's free cash flow for fiscal 2025 was $3.0B, down 25.7% from $4.0B in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.9B. Over the past ten years it has ranged from $176.3M (fiscal 2023) to $4.0B (fiscal 2024); the current reading is higher than 82% of that period. Ericsson ranks 3rd of 46 Communication Equipment companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $3.0B (25.74%)
FY2024 $4.0B 2,192.67%
FY2023 $176.3M (92.86%)
FY2022 $2.5B (38.72%)
FY2021 $4.0B 54.81%
FY2020 $2.6B 124.57%
FY2019 $1.2B 110.82%
FY2018 $549.7M (11.51%)
FY2017 $621.2M 36.96%
FY2016 $453.6M (62.75%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $538.8M 1,188.08%
Jun 2026 $41.8M (94.37%)
Mar 2026 $743.2M (51.41%)
Dec 2025 $1.5B 98.72%
43 more quarters

Against its own ten years

Low $176.3M High $4.0B
Ten-year median $1.2B
Current reading's percentile 82

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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