Growth Metrics

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

KORE Group Holdings has reported Gross Margin over the past 7 years, most recently at 59.43% for Q1 2026.

  • For Q1 2026, Gross Margin rose 520.0% year-over-year to 59.43%; the TTM value through Mar 2026 reached 56.48%, up 76.0%, while the annual FY2025 figure was 55.23%, 67.0% down from the prior year.
  • Gross Margin for Q1 2026 was 59.43% at KORE Group Holdings, up from 56.22% in the prior quarter.
  • Over five years, Gross Margin peaked at 59.43% in Q1 2026 and troughed at 48.86% in Q1 2022.
  • A 5-year average of 54.47% and a median of 54.84% in 2023 define the central range for Gross Margin.
  • On a YoY basis, Gross Margin climbed as much as 589bps in 2022 and fell as far as -801bps in 2022.
  • Year by year, Gross Margin stood at 53.99% in 2022, then dropped by -6bps to 50.96% in 2023, then grew by 11bps to 56.38% in 2024, then fell by 0bps to 56.22% in 2025, then increased by 6bps to 59.43% in 2026.
  • Business Quant data shows Gross Margin for KORE at 59.43% in Q1 2026, 56.22% in Q4 2025, and 55.25% in Q3 2025.