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

KORE Group Holdings (KORE) posted quarterly Gross Margin of 59.43% for Q1 2026, up 520.0% year-over-year from 9.59% in Q1 2025, and up 5.71% on a QoQ basis from 56.22% in Q4 2025.

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

KORE Group Holdings (KORE) has reported Gross Margin for 7 consecutive years, with 59.43% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 520.0% year-over-year to 59.43%; the TTM figure through Mar 2026 stood at 56.48% (up 76.0% YoY), while the FY2025 annual figure was 55.23%, down 67.0% from the prior year.
  • Gross Margin came in at 59.43% for Q1 2026 at KORE Group Holdings, up from 56.22% in the prior quarter.
  • The five-year high for Gross Margin was 59.43% in Q1 2026, with the low at 48.86% in Q1 2022.
  • Average Gross Margin over 5 years is 54.47%, with a median of 54.84% recorded in 2023.
  • The largest YoY upside for Gross Margin was 589 bps in 2022 against a maximum downside of 801 bps in 2022.
  • Year by year, Gross Margin stood at 53.99% in 2022, then decreased by 6 bps to 50.96% in 2023, then advanced by 11 bps to 56.38% in 2024, then retreated by 0 bps to 56.22% in 2025, then climbed by 6 bps to 59.43% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 59.43%, 56.22%, and 55.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 76.25%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 81.11%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 80.13%
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 66.55%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 41.60%
10 KORE Group Holdings 184.90 Mn 156.00 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%