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% on a QoQ basis from $32.3 million in Q4 2025.

KORE Group Holdings (KORE) Cost of Revenue (2020 - 2026) Analysis & Trends

KORE Group Holdings (KORE) has reported Cost of Revenue for 7 consecutive years, with $26.7 million the latest figure, recorded in 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 came in at $26.7 million for Q1 2026 at KORE Group Holdings, 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.
  • Average Cost of Revenue over 5 years is $31.7 million, with a median of $31.7 million recorded in 2023.
  • Across the five-year window, Cost of Revenue jumped 47.78% in 2022 and decreased 19.14% in 2026, its largest moves.
  • Year by year, Cost of Revenue stood at $28.7 million in 2022, then grew by 23.76% to $35.5 million in 2023, then declined by 9.99% to $32.0 million in 2024, then advanced by 1.1% to $32.3 million in 2025, then fell by 17.42% to $26.7 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $26.7 million, $32.3 million, and $30.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 5.49 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 6.51 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 6.26 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 23.43 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 76.83 Mn
10 KORE Group Holdings 184.90 Mn 156.00 Mn 39.12 Mn 26.70 Mn

Historic Data

Download Data
DateValue
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