KORE Group Holdings (KORGW) Cost of Revenue (2020 - 2026)
KORE Group Holdings (KORGW) posted quarterly Cost of Revenue of $26.7 million for Q1 2026, down 19.14% year-over-year from $33.0 million in Q1 2025, and down 17.42% on a QoQ basis from $32.3 million in Q4 2025.
KORE Group Holdings (KORGW) Cost of Revenue (2020 - 2026) Analysis & Trends
KORE Group Holdings (KORGW) has reported Cost of Revenue for 7 consecutive years, with $26.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 19.14% year-over-year to $26.7 million; the TTM figure through Mar 2026 stood at $121.7 million (down 2.62% YoY), while the FY2025 annual figure was $128.0 million, up 1.47% from the prior year.
- Cost of Revenue came in at $26.7 million for Q1 2026 at KORE Group Holdings, down from $32.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $35.5 million in Q4 2023, with the low at $26.7 million in Q1 2026.
- Average Cost of Revenue over 5 years is $31.7 million, with a median of $31.7 million recorded in 2023.
- Across the five-year window, Cost of Revenue jumped 47.78% in 2022 and decreased 19.14% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $28.7 million in 2022, then grew by 23.76% to $35.5 million in 2023, then declined by 9.99% to $32.0 million in 2024, then advanced by 1.1% to $32.3 million in 2025, then fell by 17.42% to $26.7 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $26.7 million, $32.3 million, and $30.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 5.49 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 6.51 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 6.26 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 23.43 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 76.83 Mn |
| 10 | KORE Group Holdings | - | - | 39.12 Mn | 26.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.70 Mn |
| Mar 31, 2026 | 26.70 Mn |
| Dec 31, 2025 | 32.34 Mn |
| Dec 31, 2025 | 32.34 Mn |
| Sep 30, 2025 | 30.74 Mn |
| Sep 30, 2025 | 30.74 Mn |
| Jun 30, 2025 | 31.91 Mn |
| Jun 30, 2025 | 31.91 Mn |
| Mar 31, 2025 | 33.02 Mn |
| Mar 31, 2025 | 33.02 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Sep 30, 2024 | 30.72 Mn |
| Sep 30, 2024 | 30.72 Mn |
| Jun 30, 2024 | 29.25 Mn |
| Jun 30, 2024 | 29.25 Mn |
| Mar 31, 2024 | 34.21 Mn |
| Mar 31, 2024 | 34.21 Mn |
| Dec 31, 2023 | 35.53 Mn |
| Dec 31, 2023 | 35.53 Mn |