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

KORE Group Holdings (KORE) has reported Operating Expenses for 7 consecutive years, with $43.2 million the latest figure, recorded in 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 came in at $43.2 million for Q1 2026 at KORE Group Holdings, up from $42.1 million in the prior quarter.
• The five-year high for Operating Expenses was $125.5 million in Q3 2023, with the low at $40.9 million in Q1 2022.
• Average Operating Expenses over 5 years is $56.9 million, with a median of $44.3 million recorded in 2023.
• Across the five-year window, Operating Expenses soared 194.63% in 2023 and slumped 65.08% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $98.0 million in 2022, then plunged by 49.41% to $49.6 million in 2023, then grew by 9.75% to $54.4 million in 2024, then fell by 22.6% to $42.1 million in 2025, then gained by 2.61% to $43.2 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $43.2 million, $42.1 million, and $42.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.