KORE Group Holdings (KORE) Interest Expenses (2020 - 2026)

KORE Group Holdings (KORE) posted quarterly Interest Expenses of $13.4 million for Q1 2026, up 125.87% year-over-year from $5.9 million in Q1 2025, and down 57.18% on a QoQ basis from $31.4 million in Q4 2025.

KORE Group Holdings (KORE) Interest Expenses (2020 - 2026) Analysis & Trends

KORE Group Holdings (KORE) has reported Interest Expenses for 7 consecutive years, with $13.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Expenses rose 125.87% year-over-year to $13.4 million; the TTM figure through Mar 2026 stood at $56.9 million (down 11.21% YoY), while the FY2025 annual figure was $53.4 million, up 1.64% from the prior year.
  • Interest Expenses came in at $13.4 million for Q1 2026 at KORE Group Holdings, down from $31.4 million in the prior quarter.
  • The five-year high for Interest Expenses was $36.9 million in Q4 2024, with the low at $5.2 million in Q1 2024.
  • Average Interest Expenses over 5 years is $11.7 million, with a median of $9.5 million recorded in 2023.
  • Across the five-year window, Interest Expenses soared 287.27% in 2024 and plunged 53.53% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $9.7 million in 2022, then declined by 1.98% to $9.5 million in 2023, then jumped by 287.27% to $36.9 million in 2024, then retreated by 14.91% to $31.4 million in 2025, then slumped by 57.18% to $13.4 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered $13.4 million, $31.4 million, and $6.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (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 -
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 1.94 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 1.81 Bn
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 - -238.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 13.77 Mn
10 KORE Group Holdings 184.90 Mn 156.00 Mn 39.12 Mn 13.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.43 Mn
Mar 31, 2026 13.43 Mn
Dec 31, 2025 31.36 Mn
Dec 31, 2025 31.36 Mn
Sep 30, 2025 6.17 Mn
Sep 30, 2025 6.17 Mn
Jun 30, 2025 5.91 Mn
Jun 30, 2025 5.91 Mn
Mar 31, 2025 5.95 Mn
Mar 31, 2025 5.95 Mn
Dec 31, 2024 36.85 Mn
Dec 31, 2024 36.85 Mn
Sep 30, 2024 13.27 Mn
Sep 30, 2024 13.27 Mn
Jun 30, 2024 7.98 Mn
Jun 30, 2024 7.98 Mn
Mar 31, 2024 5.19 Mn
Mar 31, 2024 5.19 Mn
Dec 31, 2023 9.52 Mn
Dec 31, 2023 9.52 Mn