KORE Group Holdings (KORGW) Interest Expenses (2020 - 2026)
KORE Group Holdings (KORGW) recorded quarterly Interest Expenses of $13.4 million in Q1 2026, down 57.18% quarter-over-quarter from $31.4 million in Q4 2025, and up 125.87% on a YoY basis from $5.9 million in Q1 2025.
KORE Group Holdings (KORGW) Interest Expenses (2020 - 2026) Analysis & Trends
KORE Group Holdings' Interest Expenses history runs 7 years deep, the most recent figure standing at $13.4 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 125.87% year-over-year to $13.4 million; the TTM figure through Mar 2026 stood at $56.9 million (down 11.21% YoY), while the FY2025 annual figure was $53.4 million, up 1.64% from the prior year.
- Interest Expenses was $13.4 million for Q1 2026 at KORE Group Holdings, down from $31.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $36.9 million in Q4 2024 to a low of $5.2 million in Q1 2024.
- Historically, Interest Expenses has averaged $11.7 million across 5 years, with a median of $9.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Interest Expenses soared 287.27% in 2024, then tumbled 53.53% in 2025.
- A 5-year view of Interest Expenses shows it stood at $9.7 million in 2022, then decreased by 1.98% to $9.5 million in 2023, then jumped by 287.27% to $36.9 million in 2024, then dropped by 14.91% to $31.4 million in 2025, then sank by 57.18% to $13.4 million in 2026.
- The last three Interest Expenses figures came in at $13.4 million (Q1 2026), $31.4 million (Q4 2025), and $6.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -323.77 Mn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 1.94 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.81 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 221.80 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 674.94 Mn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | -3.26 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -150.00 Mn |
| 10 | KORE Group Holdings | - | - | 39.12 Mn | 13.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.43 Mn |
| Mar 31, 2026 | 13.43 Mn |
| Dec 31, 2025 | 31.36 Mn |
| Dec 31, 2025 | 31.36 Mn |
| Sep 30, 2025 | 6.17 Mn |
| Sep 30, 2025 | 6.17 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Mar 31, 2025 | 5.95 Mn |
| Mar 31, 2025 | 5.95 Mn |
| Dec 31, 2024 | 36.85 Mn |
| Dec 31, 2024 | 36.85 Mn |
| Sep 30, 2024 | 13.27 Mn |
| Sep 30, 2024 | 13.27 Mn |
| Jun 30, 2024 | 7.98 Mn |
| Jun 30, 2024 | 7.98 Mn |
| Mar 31, 2024 | 5.19 Mn |
| Mar 31, 2024 | 5.19 Mn |
| Dec 31, 2023 | 9.52 Mn |
| Dec 31, 2023 | 9.52 Mn |