KORE Group Holdings, Inc. (KORE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 65.82M | 73.86M | 68.69M | 71.25M | 72.14M | 73.32M | 68.92M | 67.87M | 75.97M | 72.47M | 68.63M | 69.54M | 65.97M | 62.51M | 66.14M | 70.92M | 68.98M | 64.3M | 67.88M | 60.74M |
| Revenue Growth % | -8.76% | 0.73% | -0.33% | 4.98% | -5.05% | 1.18% | 0.42% | -2.4% | 15.16% | 15.92% | 3.77% | -1.95% | -4.35% | -2.78% | -2.56% | 16.76% | 24.74% | 11.89% | - | - |
| Cost of Goods Sold | 39.85M | 32.34M | 30.74M | 31.91M | 33.02M | 31.98M | 30.72M | 29.25M | 34.21M | 50.8M | 31M | 31.72M | 30.32M | 28.74M | 31.54M | 33.63M | 35.27M | 33.55M | 34.96M | 29.34M |
| COGS % of Revenue | 60.55% | 43.78% | 44.75% | 44.79% | 45.77% | 43.62% | 44.57% | 43.09% | 45.03% | 70.11% | 45.16% | 45.61% | 45.95% | 45.97% | 47.69% | 47.42% | 51.14% | 52.18% | 51.51% | 48.3% |
| Gross Profit | 25.96M | 41.52M | 37.95M | 39.34M | 39.12M | 41.34M | 38.2M | 38.62M | 41.76M | 21.66M | 37.64M | 37.82M | 35.66M | 33.77M | 34.6M | 37.29M | 33.7M | 30.75M | 32.91M | 31.41M |
| Gross Margin % | 39.45% | 56.22% | 55.25% | 55.21% | 54.23% | 56.38% | 55.43% | 56.91% | 54.97% | 29.89% | 54.84% | 54.39% | 54.05% | 54.03% | 52.31% | 52.58% | 48.86% | 47.82% | 48.49% | 51.7% |
| Gross Profit Growth % | -33.63% | 0.45% | -0.66% | 1.86% | -6.33% | 90.83% | 1.5% | 2.12% | 17.12% | -35.86% | 8.79% | 1.41% | 5.79% | 9.84% | 5.11% | 18.74% | 8.99% | 2.33% | - | - |
| Operating Expenses | 25.39M | 42.13M | 42.16M | 44.56M | 41.58M | 54.43M | 43.83M | 95.77M | 49.14M | 26.12M | 125.49M | 47.4M | 44.33M | 98.23M | 42.59M | 43.16M | 40.89M | 37.67M | 38.44M | 35.4M |
| OpEx % of Revenue | 38.58% | 57.03% | 61.37% | 62.55% | 57.63% | 74.23% | 63.59% | 141.12% | 64.68% | 36.04% | 182.84% | 68.17% | 67.18% | 157.14% | 64.4% | 60.86% | 59.28% | 58.59% | 56.63% | 58.27% |
| Selling, General & Admin | 25.39M | 28.42M | 28.46M | 30.99M | 27.66M | 40.45M | 29.61M | 35.97M | 35.54M | 26.12M | 0 | 32.89M | 30.2M | 26.34M | 28.9M | 29.41M | 27.72M | 25.21M | 26M | 23M |
| SG&A % of Revenue | 38.58% | 38.48% | 41.43% | 43.49% | 38.35% | 55.17% | 42.97% | 53% | 46.77% | 36.04% | - | 47.3% | 45.77% | 42.13% | 43.7% | 41.46% | 40.18% | 39.2% | 38.31% | 37.87% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 574K | -601K | -4.21M | -5.22M | -2.46M | -13.09M | -5.63M | -57.15M | -7.38M | -4.46M | -87.85M | -9.58M | -8.67M | -64.46M | -8M | -5.87M | -7.19M | -6.93M | -5.53M | -3.99M |
| Operating Margin % | 0.87% | -0.81% | -6.13% | -7.33% | -3.4% | -17.85% | -8.16% | -84.21% | -9.71% | -6.15% | -128% | -13.78% | -13.14% | -103.11% | -12.09% | -8.27% | -10.42% | -10.77% | -8.14% | -6.57% |
| Operating Income Growth % | 123.37% | 95.41% | 25.2% | 90.86% | 66.73% | -193.67% | 93.6% | -496.31% | 14.84% | 93.09% | -998.71% | -63.35% | -20.59% | -830.65% | -44.67% | -47.01% | -2578.28% | -6.03% | - | - |
| EBITDA | 13.72M | 13.1M | 9.49M | 8.35M | 11.46M | 889K | 8.59M | -42.73M | 6.22M | 10.81M | -73.4M | 4.93M | 6M | -50.64M | 5.69M | 7.89M | 5.99M | 5.54M | 6.91M | 8.4M |
| EBITDA Margin % | 20.85% | 17.74% | 13.82% | 11.72% | 15.88% | 1.21% | 12.46% | -62.96% | 8.19% | 14.92% | -106.94% | 7.09% | 9.09% | -81% | 8.61% | 11.12% | 8.68% | 8.62% | 10.18% | 13.83% |
| EBITDA Growth % | 19.82% | 1373.9% | 10.53% | 119.55% | 84.02% | -91.78% | 111.7% | -967.03% | 3.8% | 121.35% | -1389.46% | -37.51% | 0.15% | -1013.86% | -17.66% | -6.14% | -55.33% | -21.65% | - | - |
| D&A (Non-Cash Add-back) | 13.15M | 13.7M | 13.7M | 13.58M | 13.91M | 13.97M | 14.21M | 14.42M | 13.61M | 15.27M | 14.46M | 14.51M | 14.66M | 13.82M | 13.69M | 13.75M | 13.18M | 12.47M | 12.44M | 12.39M |
| EBIT | 574K | -4.45M | -3.75M | -2.15M | -822K | -15.62M | -6.55M | -52.71M | -5.07M | -21.88M | -9.6M | -9.7M | -8.66M | -64.46M | -7.88M | -5.76M | -7.16M | -6.94M | -2.63M | -4.03M |
| Net Interest Income | -13.17M | -13.44M | -13.38M | -13.07M | -12.83M | -13.05M | -13.06M | -12.65M | -12.64M | -11.44M | -10.62M | -10.2M | -10.19M | -9.24M | -8.21M | -7.3M | -6.62M | -7.11M | -5.59M | -5.51M |
| Interest Income | 258K | 180K | 159K | 166K | 144K | 233K | 212K | 375K | 300K | 552K | 0 | 99K | 130K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -28.38M | -18.07M | -17.3M | -15.39M | -13.8M | -28.9M | -19.82M | -65.74M | -18.01M | -33.89M | -98.45M | -19.99M | -18.86M | -73.7M | -16.08M | -13.06M | -13.78M | -14.04M | -8.22M | -9.54M |
| Pretax Margin % | -43.12% | -24.46% | -25.18% | -21.6% | -19.13% | -39.41% | -28.76% | -96.86% | -23.7% | -46.77% | -143.45% | -28.75% | -28.59% | -117.9% | -24.32% | -18.41% | -19.98% | -21.84% | -12.11% | -15.7% |
| Income Tax | 74K | 415K | -4.59M | 1.49M | 1.11M | -3.45M | -412K | -1.44M | -420K | -201K | -3.09M | -495K | -369K | -2.57M | -1.8M | -2.27M | -2.21M | -2.07M | -3.71M | -2.65M |
| Effective Tax Rate % | -0.26% | -2.3% | 26.53% | -9.65% | -8.04% | 11.94% | 2.08% | 2.19% | 2.33% | 0.59% | 3.14% | 2.48% | 1.96% | 3.49% | 11.22% | 17.37% | 16.05% | 14.71% | 45.14% | 27.82% |
| Net Income | -28.46M | -18.48M | -12.71M | -16.88M | -14.91M | -25.45M | -19.41M | -64.3M | -17.59M | -33.69M | -95.36M | -19.5M | -18.49M | -71.13M | -14.28M | -10.79M | -11.57M | -11.98M | -4.51M | -6.88M |
| Net Margin % | -43.23% | -25.02% | -18.5% | -23.69% | -20.66% | -34.71% | -28.16% | -94.74% | -23.15% | -46.49% | -138.94% | -28.04% | -28.03% | -113.78% | -21.59% | -15.21% | -16.78% | -18.63% | -6.64% | -11.33% |
| Net Income Growth % | -90.88% | 27.37% | 34.53% | 73.75% | 15.23% | 24.47% | 79.65% | -229.76% | 4.88% | 52.63% | -567.93% | -80.71% | -59.78% | -493.76% | -216.7% | -56.72% | -970.49% | 23.83% | - | - |
| Net Income (Continuing) | -28.46M | -18.48M | -12.71M | -16.88M | -14.91M | -25.45M | -19.41M | -64.3M | -17.59M | -33.69M | -95.36M | -19.5M | -18.49M | -71.13M | -14.28M | -10.79M | -11.57M | -11.98M | -4.51M | -6.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.43 | -0.94 | -0.64 | -0.86 | -0.77 | -1.32 | -1.00 | -3.36 | -0.93 | -1.83 | -5.50 | -1.22 | -1.21 | -4.51 | -0.85 | -0.73 | -0.74 | -0.83 | -0.70 | -1.09 |
| EPS Growth % | -85.71% | 28.79% | 36% | 74.4% | 17.2% | 27.87% | 81.82% | -175.41% | 23.14% | 59.42% | -547.06% | -67.12% | -63.51% | -443.37% | -21.43% | 33.03% | -335.29% | 62.27% | - | - |
| EPS (Basic) | -1.43 | -0.94 | -0.64 | -0.86 | -0.77 | -1.32 | -1.00 | -3.36 | -0.95 | -1.83 | -5.50 | -1.22 | -1.21 | -4.51 | -0.85 | -0.73 | -0.75 | -0.84 | -0.70 | -1.10 |
| Diluted Shares Outstanding | 19.72M | 19.72M | 19.9M | 19.58M | 19.41M | 19.25M | 19.46M | 19.15M | 18.99M | 18.42M | 17.33M | 15.97M | 15.3M | 15.26M | 15.25M | 15.25M | 14.81M | 14.4M | 6.42M | 6.33M |
| Basic Shares Outstanding | 19.72M | 19.72M | 19.9M | 19.58M | 19.41M | 19.25M | 19.46M | 19.15M | 18.51M | 18.42M | 17.33M | 15.97M | 15.3M | 15.26M | 15.25M | 15.25M | 14.46M | 14.23M | 6.41M | 6.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |