KORE Group Holdings (KORE) Cost of Revenue (2020 - 2026)
KORE Group Holdings (KORE) posted quarterly Cost of Revenue of $26.7 million for Q1 2026, down 19.14% year-over-year from $33.0 million in Q1 2025, and down 17.42% quarter-over-quarter from $32.3 million in Q4 2025.
KORE Group Holdings (KORE) Cost of Revenue (2020 - 2026) Analysis & Trends
KORE Group Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $26.7 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 19.14% year-over-year to $26.7 million; the TTM figure through Mar 2026 stood at $121.7 million (down 2.62% YoY), while the FY2025 annual figure was $128.0 million, up 1.47% from the prior year.
- Cost of Revenue for Q1 2026 stood at $26.7 million, down from $32.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $35.5 million in Q4 2023, with the low at $26.7 million in Q1 2026.
- The 5-year median for Cost of Revenue is $31.7 million (2023), against an average of $31.7 million.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue soared 47.78% in 2022, then dropped 19.14% in 2026.
- KORE Group Holdings' Cost of Revenue stood at $28.7 million in 2022, then rose by 23.76% to $35.5 million in 2023, then retreated by 9.99% to $32.0 million in 2024, then grew by 1.1% to $32.3 million in 2025, then decreased by 17.42% to $26.7 million in 2026.
- Business Quant data shows KORE's Cost of Revenue at $26.7 million in Q1 2026, $32.3 million in Q4 2025, and $30.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 7.23 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 5.06 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 502.80 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 6.31 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 1.21 Bn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 1.93 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 2.29 Bn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 682.34 Mn |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 Mn | 39.12 Mn | 26.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.70 Mn |
| Mar 31, 2026 | 26.70 Mn |
| Dec 31, 2025 | 32.34 Mn |
| Dec 31, 2025 | 32.34 Mn |
| Sep 30, 2025 | 30.74 Mn |
| Sep 30, 2025 | 30.74 Mn |
| Jun 30, 2025 | 31.91 Mn |
| Jun 30, 2025 | 31.91 Mn |
| Mar 31, 2025 | 33.02 Mn |
| Mar 31, 2025 | 33.02 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Sep 30, 2024 | 30.72 Mn |
| Sep 30, 2024 | 30.72 Mn |
| Jun 30, 2024 | 29.25 Mn |
| Jun 30, 2024 | 29.25 Mn |
| Mar 31, 2024 | 34.21 Mn |
| Mar 31, 2024 | 34.21 Mn |
| Dec 31, 2023 | 35.53 Mn |
| Dec 31, 2023 | 35.53 Mn |