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

KORE Group Holdings (KORE) recorded quarterly Operating Expenses of $43.2 million in Q1 2026, up 2.61% quarter-over-quarter from $42.1 million in Q4 2025, and up 3.96% on a YoY basis from $41.6 million in Q1 2025.

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

KORE Group Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at $43.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 3.96% year-over-year to $43.2 million; the TTM figure through Mar 2026 stood at $172.1 million (down 32.56% YoY), while the FY2025 annual figure was $170.4 million, down 35.13% from the prior year.
  • Operating Expenses was $43.2 million for Q1 2026 at KORE Group Holdings, up from $42.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $125.5 million in Q3 2023 to a low of $40.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $56.9 million across 5 years, with a median of $44.3 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 194.63% in 2023, then sank 65.08% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $98.0 million in 2022, then tumbled by 49.41% to $49.6 million in 2023, then gained by 9.75% to $54.4 million in 2024, then slipped by 22.6% to $42.1 million in 2025, then grew by 2.61% to $43.2 million in 2026.
  • The last three Operating Expenses figures came in at $43.2 million (Q1 2026), $42.1 million (Q4 2025), and $42.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -2.58 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 26.20 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 24.85 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -191.29 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 8.11 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 305.28 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -650.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -533.00 Mn
10 KORE Group Holdings 183.51 Mn 154.61 Mn 39.12 Mn 43.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 43.22 Mn
Dec 31, 2025 42.13 Mn
Sep 30, 2025 42.16 Mn
Jun 30, 2025 44.56 Mn
Mar 31, 2025 41.58 Mn
Dec 31, 2024 54.43 Mn
Sep 30, 2024 43.83 Mn
Jun 30, 2024 115.32 Mn
Mar 31, 2024 49.14 Mn
Dec 31, 2023 49.59 Mn
Sep 30, 2023 125.49 Mn
Jun 30, 2023 47.40 Mn
Mar 31, 2023 44.33 Mn
Dec 31, 2022 98.02 Mn
Sep 30, 2022 42.59 Mn
Jun 30, 2022 43.16 Mn
Mar 31, 2022 40.89 Mn
Dec 31, 2021 37.89 Mn
Sep 30, 2021 38.53 Mn
Jun 30, 2021 34.11 Mn