Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Research & Development : $4,733 Mil (TTM As of Mar. 2024)

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Telefonaktiebolaget L M Ericsson Definition

Research & Development is the aggregate amount of research and development expenses during the year. Telefonaktiebolaget L M Ericsson's Research & Development for the three months ended in Mar. 2024 was $1,111 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $4,733 Mil.

Telefonaktiebolaget L M Ericsson Research & Development Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Telefonaktiebolaget L M Ericsson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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4,115.07

4,748.72

4,628.81

4,557.53

4,939.17

Telefonaktiebolaget L M Ericsson Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															1,142.77	1,279.31	1,073.27	1,269.11	1,111.39

Telefonaktiebolaget L M Ericsson Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,733 Mil.

Telefonaktiebolaget L M Ericsson (NAS:ERIC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Telefonaktiebolaget L M Ericsson Research & Development Related Terms

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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Industry

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Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.