KORE Group Holdings (KORGW) Net Income (2020 - 2026)
KORE Group Holdings (KORGW) posted quarterly Net Income of -$28.5 million for Q1 2026, down 90.88% year-over-year from -$311.9 million in Q1 2025, and down 53.96% on a QoQ basis from -$18.5 million in Q4 2025.
KORE Group Holdings (KORGW) Net Income (2020 - 2026) Analysis & Trends
KORE Group Holdings (KORGW) has reported Net Income for 7 consecutive years, with -$28.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 90.88% year-over-year to -$28.5 million; the TTM figure through Mar 2026 stood at -$76.5 million (up 46.63% YoY), while the FY2025 annual figure was -$63.0 million, up 56.89% from the prior year.
- Net Income came in at -$28.5 million for Q1 2026 at KORE Group Holdings, down from -$18.5 million in the prior quarter.
- The five-year high for Net Income was -$10.8 million in Q2 2022, with the low at -$95.4 million in Q3 2023.
- Average Net Income over 5 years is -$30.0 million, with a median of -$18.5 million recorded in 2023.
- Across the five-year window, Net Income sank 567.93% in 2023 and jumped 79.82% in 2025, its largest moves.
- Year by year, Net Income stood at -$69.6 million in 2022, then surged by 51.56% to -$33.7 million in 2023, then advanced by 24.47% to -$25.4 million in 2024, then gained by 27.37% to -$18.5 million in 2025, then tumbled by 53.96% to -$28.5 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$28.5 million, -$18.5 million, and -$12.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (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 | 2.50 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 5.15 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | -38.00 Mn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 1.36 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | 232.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | -17.42 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -1.84 Mn |
| 10 | KORE Group Holdings | - | - | 39.12 Mn | -28.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.46 Mn |
| Dec 31, 2025 | -18.48 Mn |
| Sep 30, 2025 | -12.71 Mn |
| Jun 30, 2025 | -16.88 Mn |
| Mar 31, 2025 | -14.91 Mn |
| Dec 31, 2024 | -25.45 Mn |
| Sep 30, 2024 | -19.41 Mn |
| Jun 30, 2024 | -83.63 Mn |
| Mar 31, 2024 | -17.59 Mn |
| Dec 31, 2023 | -33.69 Mn |
| Sep 30, 2023 | -95.36 Mn |
| Jun 30, 2023 | -19.50 Mn |
| Mar 31, 2023 | -18.49 Mn |
| Dec 31, 2022 | -69.56 Mn |
| Sep 30, 2022 | -14.28 Mn |
| Jun 30, 2022 | -10.79 Mn |
| Mar 31, 2022 | -11.58 Mn |
| Dec 31, 2021 | -12.20 Mn |
| Sep 30, 2021 | -4.37 Mn |
| Jun 30, 2021 | -6.20 Mn |