KORE Group Holdings (KORE) Cost of Revenue (2020 - 2026)
KORE Group Holdings (KORE) recorded quarterly Cost of Revenue of $26.7 million in Q1 2026, down 17.42% quarter-over-quarter from $32.3 million in Q4 2025, and down 19.14% on a YoY basis from $33.0 million in Q1 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 was $26.7 million for Q1 2026 at KORE Group Holdings, down from $32.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $35.5 million in Q4 2023 to a low of $26.7 million in Q1 2026.
- Historically, Cost of Revenue has averaged $31.7 million across 5 years, with a median of $31.7 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue jumped 47.78% in 2022, then declined 19.14% in 2026.
- A 5-year view of Cost of Revenue shows it stood at $28.7 million in 2022, then gained by 23.76% to $35.5 million in 2023, then decreased by 9.99% to $32.0 million in 2024, then increased by 1.1% to $32.3 million in 2025, then slipped by 17.42% to $26.7 million in 2026.
- The last three Cost of Revenue figures came in at $26.7 million (Q1 2026), $32.3 million (Q4 2025), and $30.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 5.49 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 6.51 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 6.26 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 682.34 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 3.36 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 1.18 Bn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | KORE Group Holdings | 183.51 Mn | 154.61 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 |