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| 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% |