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| 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 |