KORE Group Holdings (KORE) Gross Margin (2020 - 2026)

KORE Group Holdings' (KORE) quarterly Gross Margin came in at 59.43% in Q1 2026, up 520.0% year-on-year from 9.59% in Q1 2025, and up 5.71% quarter-over-quarter from 56.22% in Q4 2025.

KORE Group Holdings (KORE) Gross Margin (2020 - 2026) Analysis & Trends

KORE Group Holdings' Gross Margin history runs 7 years deep, the most recent figure standing at 59.43% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 520.0% year-over-year to 59.43% in Q1 2026; TTM through Mar 2026 was 56.48%, a 76.0% increase from a year earlier, with the FY2025 full-year figure at 55.23%, down 67.0% from the prior year.
  • Gross Margin advanced to 59.43% in Q1 2026 per KORE's latest filing, from 56.22% in the prior quarter.
  • Across five years, Gross Margin topped out at 59.43% in Q1 2026 and bottomed at 48.86% in Q1 2022.
  • The 5-year median for Gross Margin is 54.84% (2023), against an average of 54.47%.
  • Biggest YoY gain for Gross Margin was 589 bps in 2022; the steepest drop was 801 bps in 2022.
  • Year by year, Gross Margin stood at 53.99% in 2022, then declined by 6 bps to 50.96% in 2023, then increased by 11 bps to 56.38% in 2024, then dropped by 0 bps to 56.22% in 2025, then rose by 6 bps to 59.43% in 2026.
  • Per Business Quant, the three latest KORE Gross Margin figures stand at 59.43% (Q1 2026), 56.22% (Q4 2025), and 55.25% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 51.30%
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn 38.75%
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 37.92%
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 84.60%
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 77.82%
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 80.02%
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn 52.37%
10 KORE Group Holdings 173.71 Mn 144.81 Mn 39.12 Mn 59.43%

Historic Data

Download Data
DateValue
Mar 31, 2026 59.43%
Dec 31, 2025 56.22%
Sep 30, 2025 55.25%
Jun 30, 2025 55.21%
Mar 31, 2025 54.23%
Dec 31, 2024 56.38%
Sep 30, 2024 55.43%
Jun 30, 2024 56.91%
Mar 31, 2024 54.97%
Dec 31, 2023 50.96%
Sep 30, 2023 54.84%
Jun 30, 2023 54.39%
Mar 31, 2023 54.05%
Dec 31, 2022 53.99%
Sep 30, 2022 52.31%
Jun 30, 2022 52.58%
Mar 31, 2022 48.86%
Dec 31, 2021 48.10%
Sep 30, 2021 48.54%
Jun 30, 2021 52.08%