移动通信网 程然
爱立信公布的 2026 年第三季度财报显示，集团营收同比增长 6% 至 SEK59.5 billion（约 60 亿美元），其中网络业务成为最大增长引擎。不过，新任 CEO Per Narvinger 在上任后的首份财报中明确警示，未来一年公司面临 RAN 市场趋平、地缘政治不确定性高企以及元器件成本上行三重压力。在增长与隐忧并存的局面下，这家瑞典设备商同时宣布了一轮集团架构调整。
网络业务扛旗，盈利端承压
分业务看，Networks 部门收入同比增长 9% 至 SEK38.7 billion，是本季度业绩的核心支撑。云软件与服务业务增长 3% 至 SEK15.8 billion，保持温和扩张。企业业务则下滑 10% 至 SEK4.6 billion，主要受 iconectiv 出售剥离影响。从区域表现看，亚洲和欧洲多数市场实现增长，但美洲市场表现疲软，拉美地区的挣扎拖累了整体区域表现。
知识产权授权业务表现亮眼，收入从上年同期的 SEK3.1 billion 升至 SEK3.9 billion，部分来自对此前未授权产品的追溯性收费。但盈利端明显承压，集团净利润同比下滑 49% 至 SEK5.8 billion。营收增长与利润腰斩形成鲜明反差，反映出成本结构和一次性因素对利润端的侵蚀。
【关键数据】
- 集团总营收: SEK59.5 billion（约 60 亿美元），同比增长 6%
- 网络业务收入: SEK38.7 billion，同比增长 9%
- 净利润: SEK5.8 billion，同比下滑 49%
- IPR 授权收入: SEK3.9 billion，上年同期 SEK3.1 billion
- 企业业务收入: SEK4.6 billion，同比下滑 10%
![]()
架构重组：新设亚太大区
与财报同步，爱立信宣布对集团架构进行调整，目标是更充分地利用研发能力并提升成本效率。最引人注目的变化是自 2027 年初起设立全新的亚太市场大区，将目前的东北亚大区与东南亚、大洋洲及印度大区合并。爱立信方面表示，此举将使公司在该区域实现更高效的运营。新大区将由现任欧洲、中东及非洲市场大区负责人 Patrick Johansson 执掌，其 EMEA 职位的接任者遴选程序已经启动。
同时，企业无线解决方案业务板块也在进行调整，将更聚焦于室内解决方案，而该部门现有的产品组合将迁移至爱立信其他业务板块，包括网络部门。这一系列动作显示，在利润承压的环境下，爱立信正通过组织瘦身和资源集中来捍卫毛利率。
新帅的挑战：从守成到突围
Narvinger 上月从 Borje Ekholm 手中接掌帅印，本季度他花了大量时间拜访客户，并总结出一个一致的诉求："需要更智能、更自主的网络，以提升性能、效率、稳健性和韧性。"这一判断与当前运营商在网络运维自动化上的投入方向高度吻合，也为爱立信的 AI 驱动网络战略提供了市场需求注脚。
但他同时坦承，RAN 市场整体趋于平坦，地缘政治不确定性依然高企，元器件成本将对明年毛利率构成压力。在运营商资本开支整体谨慎、5G 建设高峰已过的全球环境下，设备商之间的竞争正在从规模转向技术和运营效率。Narvinger 表示，通过审慎的行动和坚持技术领先的战略，爱立信有能力应对挑战并实现长期盈利增长。
从短期看，架构重组带来的成本节约和 IPR 收入的稳定性将为爱立信提供一定缓冲；但净利润近乎腰斩的现实表明，降本增效的空间仍需进一步挖掘。亚太大区的整合能否在这一全球最活跃的通信市场中转化为实际订单，将是检验新管理层执行力的第一个试金石。
出处：Ericsson Q3 fuelled by strong mobile Networks sales
英文原文Ericsson posted a healthy Q3 2026 revenue rise with its performance boosted by higher sales in its Network division and effective efficiency measures, although new CEO Per Narvinger ( pictured ) warned of potential headwinds over the next year. Overseeing his first results announcement since taking the helm from Borje Ekholm last month, former Networks chief Narvinger said he spent the quarter meeting customers and a consistent theme emerged: “the need for more intelligent and autonomous networks to improve performance, efficiency, robustness and resilience.” Looking ahead, he added: “the RAN market is flat, geopolitical uncertainty remains elevated, and component costs are a headwind to gross margin next year.” Narvinger believes through disciplined actions and prioritising technology leadership, the company remains well positioned “to navigate these challenges and deliver profitable long-term growth”. Revenue for the period rose 6% year-on-year to SEK59.5 billion ($6 billion), with sales from Networks up 9% to SEK38.7 billion. Cloud Software and Services increased 3% to SEK15.8 billion, while Enterprise sales dropped 10% to SEK4.6 billion, reflecting the divestment of iconectiv. Breaking out geographical markets, sales grew in most markets including Asia and Europe, but offset by the Americas with struggles in Latin America. IPR licensing revenue hit SEK3.9 billion from SEK3.1 billion, driven party by retroactive revenue to previously unlicenced products. Net income declined 49% to SEK5.8 billion. Group restructure Alongside the results announcement, the Swedish vendor outlined a revamped group structure, intended to utilise its R&D capabilities and target cost efficiencies. The revamp will see a new Asia-Pacific Market Area established from the start of 2027, combining Market areas North East Asia and South East Asia, Oceania and India. It claims this will enable Ericsson to operate more effectively across the region. The division will be headed by Patrick Johansson, currently boss of Market Area Europe, Middle East and Africa. A process has started for his successor in EMEA. It is also shaking up Business Area Enterprise Wireless Solutions to put more focus on indoor solutions, while moving the current portfolio of the unit to other parts of Ericsson, including Networks. The post Ericsson Q3 fuelled by strong mobile Networks sales appeared first on Mobile World Live .
