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

KORE Group Holdings' (KORE) quarterly Operating Expenses came in at $43.2 million in Q1 2026, up 3.96% year-on-year from $41.6 million in Q1 2025, and up 2.61% quarter-over-quarter from $42.1 million in Q4 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.

  • On a quarterly basis, Operating Expenses rose 3.96% year-over-year to $43.2 million in Q1 2026; TTM through Mar 2026 was $172.1 million, a 32.56% decrease from a year earlier, with the FY2025 full-year figure at $170.4 million, down 35.13% from the prior year.
  • Operating Expenses advanced to $43.2 million in Q1 2026 per KORE's latest filing, from $42.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $125.5 million in Q3 2023 and bottomed at $40.9 million in Q1 2022.
  • The 5-year median for Operating Expenses is $44.3 million (2023), against an average of $56.9 million.
  • Across the five-year window, Operating Expenses surged 194.63% in 2023 and sank 65.08% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $98.0 million in 2022, then sank 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.
  • Per Business Quant, the three latest KORE Operating Expenses figures stand at $43.2 million (Q1 2026), $42.1 million (Q4 2025), and $42.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 8.32 Bn
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 -114.72 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 305.28 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 26.20 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 17.30 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 24.52 Bn
8 Veon 90.84 Bn 90.84 Bn - -683.00 Mn
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -389.44 Mn
10 KORE Group Holdings 173.71 Mn 144.81 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