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% 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.
- 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 for Q1 2026 stood at 59.43%, 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.
- The 5-year median for Gross Margin is 54.84% (2023), against an average of 54.47%.
- Peak annual rise in Gross Margin reached 589 bps in 2022, while the deepest fall reached 801 bps in 2022.
- KORE Group Holdings' Gross Margin stood at 53.99% in 2022, then dropped by 6 bps to 50.96% in 2023, then grew by 11 bps to 56.38% in 2024, then slipped by 0 bps to 56.22% in 2025, then increased by 6 bps to 59.43% in 2026.
- Business Quant data shows KORE's Gross Margin at 59.43% in Q1 2026, 56.22% in Q4 2025, and 55.25% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 44.91% |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 Mn | 39.12 Mn | 59.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |