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KORE Group Holdings KORE Reportable Segment — Professional services

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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:ProfessionalFees.

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 reportable segment — professional services?
KORE Group Holdings (KORE) reported reportable segment — professional services of $5.23M in Q1 2026.
How has KORE Group Holdings's reportable segment — professional services changed year-over-year?
KORE Group Holdings's reportable segment — professional services increased by 94.5% year-over-year, from $2.69M to $5.23M.
What is the long-term trend for KORE Group Holdings's reportable segment — professional services?
Over 2 years (2023 to 2025), KORE Group Holdings's reportable segment — professional services has grown at a -20.9% compound annual growth rate (CAGR), from $16.77M to $10.48M.
What does reportable segment — professional services mean?
This metric measures the costs incurred for external consulting, legal, or specialized technical services utilized by the reportable segment. It indicates the extent to which the segment relies on third-party expertise to manage its operations or strategic initiatives.