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KORE Group Holdings KORE Bill-and-hold arrangements — Total

Other product segments

IoT Connectivity
$54.45M+3.1%
IoT Solutions
$1.4M-46.7%

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ALRMHardware and other revenue — Deferred revenue for contract liabilities
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ALRMHardware and other revenue — Total Revenue
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LIFHardware — Total Revenue
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Other financials

Income statement

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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

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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

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Operating cash flow$4.7M+65.6%
CapEx$156.0K+60.8%
Free cash flow$4.6M+65.8%

Valuation

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Market cap$162.65M+303%
Enterprise value$432.45M+33.5%
P/S0.6×+0.4×

Profitability

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Gross margin56.5%+0.8pp
Operating margin-5.1%-2.3pp
Net margin-27.4%-8.6pp
FCF margin6.3%+3.2pp

Returns & leverage

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Return on equity-177.7%-303pp
Debt / equity13.8×+11.2×
Current ratio-0.2×

Where this comes from

Reported directly by KORE Group Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: KORE Group Holdings’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KORE Group Holdings's bill-and-hold arrangements — total?
KORE Group Holdings (KORE) reported bill-and-hold arrangements — total of $0 in Q1 2026.
How has KORE Group Holdings's bill-and-hold arrangements — total changed year-over-year?
KORE Group Holdings's bill-and-hold arrangements — total decreased by 100.0% year-over-year, from $2M to $0.
What is the long-term trend for KORE Group Holdings's bill-and-hold arrangements — total?
Over 3 years (2022 to 2025), KORE Group Holdings's bill-and-hold arrangements — total has grown at a -29.2% compound annual growth rate (CAGR), from $10.7M to $3.8M.
What does bill-and-hold arrangements — total mean?
This metric represents revenue recognized from hardware sales where the customer has been billed but the product remains in the possession of the company until a future delivery date. It reflects the company's ability to secure contractual commitments for IoT hardware inventory before physical shipment occurs. Monitoring this balance helps investors understand the timing of hardware revenue recognition and potential shifts in customer fulfillment cycles.