What is KORE Group Holdings's market cap?

KORE Group Holdings (KORE) has a market capitalization of $162.7M and trades on NYSE.

What is KORE Group Holdings's revenue and profitability?

KORE Group Holdings generated $279.6M in trailing twelve-month revenue with a net loss of $76.5M, representing a net margin of -27.4%. Gross margin stands at 56.5%, with free cash flow of $17.6M. These figures are based on the Q1 2026 filing.

Who are KORE Group Holdings's competitors?

KORE Group Holdings's key competitors include Globalstar, Inc. Common Stock, Digi International Inc, Iridium Communications Inc., and others. These companies compete in similar markets and product categories.

Who does KORE Group Holdings partner with?

KORE Group Holdings's notable partners include T-Mobile, AT&T, Verizon, and others.

Where is KORE Group Holdings headquartered?

KORE Group Holdings is headquartered in United States of America and employs approximately 600 people. It has been publicly traded since 2021.

KORE Group Holdings

KORE

KORE Group Holdings is a leading global independent IoT enabler that provides critical connectivity and managed solutions for deploying and scaling IoT applications.

Market cap

$162.65M+303%

Revenue$279.6M-0.9%

Net income-$76.5M+46.6%

Free cash flow$17.6M+99.9%

EPS (diluted)-$3.85+48.3%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 11, 2026

Revenue$65.8MMiss by $6.4M EPS-$0.78Miss by $0.36

Read the full report

Next report

Aug 13, 2026 (in a month)

Revenue estimate$75.3M

EPS estimate-$0.40

Financials

Q1 2026

Income statement

See full

Revenue$65.8M-8.8%

Gross profit$39.1M0.0%

Operating income-$4.1M-67.2%

Net income-$28.5M-90.9%

EPS (diluted)-$1.43-85.7%

Balance sheet

See full

Cash & equivalents$28.9M+47.2%

Total debt$298.7M-2.7%

Total equity-$191.5M-66.7%

Total assets$396.1M-11.0%

Cash flow

See full

Operating cash flow$4.7M+65.6%

CapEx$156.0K+60.8%

Free cash flow$4.6M+65.8%

Valuation & ratios

Valuation

See full

Market cap$162.65M+303%

Enterprise value$432.45M+33.5%

P/S0.6×+0.4×

Profitability

See full

Gross margin56.5%+0.8pp

Operating margin-5.1%-2.3pp

Net margin-27.4%-8.6pp

FCF margin6.3%+3.2pp

Returns & leverage

See full

Current ratio1×-0.2×

Segments

By product

See full

IoT Connectivity$54.5M+3.1%

IoT Solutions$1.4M-46.7%

Bill-and-hold arrangements--100%

By segment

See full

Reportable Segment$65.8M-8.8%

Competitors

By market cap

ROP

Roper Technologies, Inc.$34.1B-44.0%

Semtech$15.1B+291%

Globalstar$10.5B+256%

Iridium Communications$5.8B+86.5%

Digi International$2.8B+122%

Lantronix$262.3M+134%

Inseego Corp.$168.1M+36.0%

KORE Group Holdings$162.7M+303%

By revenue growth

Semtech+14.2%

Digi International+13.5%

ROP

Roper Technologies, Inc.+12.1%

Globalstar+11.5%

Iridium Communications+4.1%

KORE Group Holdings-0.9%

Inseego Corp.-8.9%

Lantronix-17.2%

By net margin

ROP

Roper Technologies, Inc.21.12%—

Iridium Communications12.05%—

Digi International9.1%—

Inseego Corp.-1.26%-3.2pp

Semtech-3.04%—

Globalstar-3.09%—

Lantronix-5.52%+0.6pp

KORE Group Holdings-27.37%+23.4pp

Profile

KORE Group Holdings is a leading global independent IoT enabler that provides critical connectivity and managed solutions for deploying and scaling IoT applications. The company offers a comprehensive 'one-stop shop' platform that integrates global cellular connectivity, device management, and professional services across diverse vertical markets. Its core value proposition lies in simplifying the complexity of IoT deployments through a unified technology stack and extensive carrier partnerships.

Competitive position

KORE is a specialized independent IoT enabler that differentiates itself through a microservices-based proprietary platform and regulatory certifications for mission-critical applications.

GeographiesNorth America, Global

Customer segmentsConnected Health, Fleet Management, Asset Monitoring, Industrial IoT, Retail Communications

Business modelSubscription SaaS, Usage-based billing, Hardware-as-a-Service, Professional Services

SuppliersMobile Network Operators (MNOs), Hardware OEMs, Semiconductor and module manufacturers, Cloud infrastructure providers

CustomersHealthcare organizations, Logistics and transportation companies, Industrial enterprises, Retailers

CountryUnited States of America

Listed2021

Employees600.0

CEORonald Totton

SectorCommunication Services

IndustryTelecommunications Services

Websitekorewireless.com

FilingsSEC EDGAR

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Questions, answered.

What is KORE Group Holdings's market cap?: KORE Group Holdings (KORE) has a market capitalization of $162.7M and trades on NYSE.
What is KORE Group Holdings's revenue and profitability?: KORE Group Holdings generated $279.6M in trailing twelve-month revenue with a net loss of $76.5M, representing a net margin of -27.4%. Gross margin stands at 56.5%, with free cash flow of $17.6M. These figures are based on the Q1 2026 filing.
Who are KORE Group Holdings's competitors?: KORE Group Holdings's key competitors include Globalstar, Inc. Common Stock, Digi International Inc, Iridium Communications Inc., and others. These companies compete in similar markets and product categories.
Who does KORE Group Holdings partner with?: KORE Group Holdings's notable partners include T-Mobile, AT&T, Verizon, and others.
Where is KORE Group Holdings headquartered?: KORE Group Holdings is headquartered in United States of America and employs approximately 600 people. It has been publicly traded since 2021.