KORE Group Holdings (KORGW) Operating Expenses (2020 - 2026)
KORE Group Holdings (KORGW) recorded quarterly Operating Expenses of $43.2 million in Q1 2026, up 2.61% quarter-over-quarter from $42.1 million in Q4 2025, and up 3.96% on a YoY basis from $41.6 million in Q1 2025.
KORE Group Holdings (KORGW) 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.
- In Q1 2026, Operating Expenses rose 3.96% year-over-year to $43.2 million; the TTM figure through Mar 2026 stood at $172.1 million (down 32.56% YoY), while the FY2025 annual figure was $170.4 million, down 35.13% from the prior year.
- Operating Expenses was $43.2 million for Q1 2026 at KORE Group Holdings, up from $42.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $125.5 million in Q3 2023 to a low of $40.9 million in Q1 2022.
- Historically, Operating Expenses has averaged $56.9 million across 5 years, with a median of $44.3 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 194.63% in 2023, then sank 65.08% in 2024.
- A 5-year view of Operating Expenses shows it stood at $98.0 million in 2022, then tumbled 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.
- The last three Operating Expenses figures came in at $43.2 million (Q1 2026), $42.1 million (Q4 2025), and $42.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -2.58 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 18.61 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -191.29 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 8.11 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 305.28 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -650.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -533.00 Mn |
| 10 | KORE Group Holdings | - | - | 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 |