KORE Group Holdings (KORE) Net Income (2020 - 2026)
KORE Group Holdings (KORE) recorded quarterly Net Income of -$28.5 million in Q1 2026, down 53.96% quarter-over-quarter from -$18.5 million in Q4 2025, and down 90.88% on a YoY basis from -$311.9 million in Q1 2025.
KORE Group Holdings (KORE) Net Income (2020 - 2026) Analysis & Trends
KORE Group Holdings' Net Income history runs 7 years deep, the most recent figure standing at -$28.5 million for Q1 2026.
- In Q1 2026, Net Income fell 90.88% year-over-year to -$28.5 million; the TTM figure through Mar 2026 stood at -$76.5 million (up 46.63% YoY), while the FY2025 annual figure was -$63.0 million, up 56.89% from the prior year.
- Net Income was -$28.5 million for Q1 2026 at KORE Group Holdings, down from -$18.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$10.8 million in Q2 2022 to a low of -$95.4 million in Q3 2023.
- Historically, Net Income has averaged -$30.0 million across 5 years, with a median of -$18.5 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Net Income plunged 567.93% in 2023, then jumped 79.82% in 2025.
- A 5-year view of Net Income shows it stood at -$69.6 million in 2022, then surged by 51.56% to -$33.7 million in 2023, then increased by 24.47% to -$25.4 million in 2024, then grew by 27.37% to -$18.5 million in 2025, then slumped by 53.96% to -$28.5 million in 2026.
- The last three Net Income figures came in at -$28.5 million (Q1 2026), -$18.5 million (Q4 2025), and -$12.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 2.50 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 5.15 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | -38.00 Mn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 370.44 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 2.16 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 320.40 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 232.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 183.00 Mn |
| 10 | KORE Group Holdings | 183.51 Mn | 154.61 Mn | 39.12 Mn | -28.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.46 Mn |
| Dec 31, 2025 | -18.48 Mn |
| Sep 30, 2025 | -12.71 Mn |
| Jun 30, 2025 | -16.88 Mn |
| Mar 31, 2025 | -14.91 Mn |
| Dec 31, 2024 | -25.45 Mn |
| Sep 30, 2024 | -19.41 Mn |
| Jun 30, 2024 | -83.63 Mn |
| Mar 31, 2024 | -17.59 Mn |
| Dec 31, 2023 | -33.69 Mn |
| Sep 30, 2023 | -95.36 Mn |
| Jun 30, 2023 | -19.50 Mn |
| Mar 31, 2023 | -18.49 Mn |
| Dec 31, 2022 | -69.56 Mn |
| Sep 30, 2022 | -14.28 Mn |
| Jun 30, 2022 | -10.79 Mn |
| Mar 31, 2022 | -11.58 Mn |
| Dec 31, 2021 | -12.20 Mn |
| Sep 30, 2021 | -4.37 Mn |
| Jun 30, 2021 | -6.20 Mn |