KORE Group Holdings (KORE) Net Income (2020 - 2026)
KORE Group Holdings (KORE) posted quarterly Net Income of -$28.5 million for Q1 2026, down 90.88% year-over-year from -$311.9 million in Q1 2025, and down 53.96% quarter-over-quarter from -$18.5 million in Q4 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 46.64% YoY), while the FY2025 annual figure was -$63.0 million, up 56.89% from the prior year.
- Net Income for Q1 2026 stood at -$28.5 million, down from -$18.5 million in the prior quarter.
- The five-year high for Net Income was -$10.8 million in Q2 2022, with the low at -$95.4 million in Q3 2023.
- The 5-year median for Net Income is -$18.5 million (2023), against an average of -$30.0 million.
- The sharpest annual moves came in 2023 and 2025: Net Income tumbled 567.93% in 2023, then soared 79.82% in 2025.
- KORE Group Holdings' Net Income stood at -$69.6 million in 2022, then jumped by 51.56% to -$33.7 million in 2023, then rose by 24.43% to -$25.5 million in 2024, then advanced by 27.41% to -$18.5 million in 2025, then sank by 53.96% to -$28.5 million in 2026.
- Business Quant data shows KORE's Net Income at -$28.5 million in Q1 2026, -$18.5 million in Q4 2025, and -$12.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 3.95 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 3.24 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 60.74 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 5.01 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 356.44 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 8.46 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | -665.00 Mn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -507.18 Mn |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 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 | -25.46 Mn |
| Sep 30, 2024 | -19.42 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 |