Ericsson reported a 1% organic sales decline in Q2 2026 but maintained strong margins amid leadership transition and cost controls.
Ericsson reported second-quarter net sales of SEK 52.7 billion, with organic sales down 1% year over year. Excluding a one-off intellectual property rights settlement from the prior-year quarter, organic sales grew 1%. Reported sales fell 6%, impacted by a SEK 1.8 billion currency headwind.
Adjusted gross margin reached 48.4%, slightly higher than the prior year, and up 2 percentage points excluding the one-off benefit in Q2 2025. Adjusted EBITDA declined to SEK 6.9 billion, down SEK 0.5 billion from the same period last year.
Outgoing CEO Börje Ekholm highlighted disciplined execution and operational resilience, as Per Narvinger prepares to take over as chief executive in October.