KORE Group Holdings (KORE) Operating Expenses (2020 - 2026)
KORE Group Holdings (KORE) posted quarterly Operating Expenses of $43.2 million for Q1 2026, up 3.96% year-over-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.
- 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 for Q1 2026 stood at $43.2 million, 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.
- The 5-year median for Operating Expenses is $44.3 million (2023), against an average of $56.9 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 194.63% in 2023, then plunged 65.08% in 2024.
- KORE Group Holdings' Operating Expenses stood at $98.0 million in 2022, then slumped by 49.41% to $49.6 million in 2023, then rose by 9.75% to $54.4 million in 2024, then decreased by 22.6% to $42.1 million in 2025, then climbed by 2.61% to $43.2 million in 2026.
- Business Quant data shows KORE's Operating Expenses at $43.2 million in Q1 2026, $42.1 million in Q4 2025, and $42.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -191.29 Mn |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 Mn | 39.12 Mn | 43.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |