KORE Group Holdings (KORGW) Cost of Revenue (2020 - 2026)

KORE Group Holdings (KORGW) recorded quarterly Cost of Revenue of $26.7 million in Q1 2026, down 17.42% quarter-over-quarter from $32.3 million in Q4 2025, and down 19.14% on a YoY basis from $33.0 million in Q1 2025.

KORE Group Holdings (KORGW) Cost of Revenue (2020 - 2026) Analysis & Trends

KORE Group Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $26.7 million for 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 was $26.7 million for Q1 2026 at KORE Group Holdings, down from $32.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $35.5 million in Q4 2023 to a low of $26.7 million in Q1 2026.
  • Historically, Cost of Revenue has averaged $31.7 million across 5 years, with a median of $31.7 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Cost of Revenue jumped 47.78% in 2022, then declined 19.14% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $28.7 million in 2022, then gained by 23.76% to $35.5 million in 2023, then decreased by 9.99% to $32.0 million in 2024, then increased by 1.1% to $32.3 million in 2025, then slipped by 17.42% to $26.7 million in 2026.
  • The last three Cost of Revenue figures came in at $26.7 million (Q1 2026), $32.3 million (Q4 2025), and $30.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 5.49 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 6.51 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 6.26 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 682.34 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 3.36 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 1.18 Bn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 KORE Group Holdings - - 39.12 Mn 26.70 Mn

Historic Data

Download Data
DateValue
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