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

KORE Group Holdings' Gross Margin history runs 7 years deep, the most recent figure standing at 59.43% for 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 was 59.43% for Q1 2026 at KORE Group Holdings, up from 56.22% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 59.43% in Q1 2026 to a low of 48.86% in Q1 2022.
• Historically, Gross Margin has averaged 54.47% across 5 years, with a median of 54.84% in 2023.
• Biggest YoY gain for Gross Margin was 589 bps in 2022; the steepest drop was 801 bps in 2022.
• A 5-year view of Gross Margin shows it 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.
• The last three Gross Margin figures came in at 59.43% (Q1 2026), 56.22% (Q4 2025), and 55.25% (Q3 2025), per Business Quant data.