What is KORE Group Holdings's net income?

KORE Group Holdings (KORE) reported net income of -$28.46M in Q1 2026.

How has KORE Group Holdings's net income changed year-over-year?

KORE Group Holdings's net income decreased by 90.9% year-over-year, from -$14.91M to -$28.46M.

What is the long-term trend for KORE Group Holdings's net income?

Over 4 years (2021 to 2025), KORE Group Holdings's net income has grown at a 26.3% compound annual growth rate (CAGR), from -$24.78M to -$62.98M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

KORE Group Holdings KORE Net Income

Discontinued — last reported Q1 '26

Net Income at other companies

Inseego Corp.INSG

-$4.54M-189%

Digi InternationalDGII

$11.3M+7.7%

GlobalstarGSAT

-$17.42M-0.5%

Iridium CommunicationsIRDM

$21.59M-29.0%

LantronixLTRX

-$1.18M+69.5%

SemtechSMTC

$26.56M+37.3%

Segments

By segment

See full

Reportable Segment-$28.46M-90.9%

Other financials

Income statement

See full

Revenue$65.8M-8.8%

Gross profit$39.1M0.0%

Operating income-$4.1M-67.2%

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

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

Return on equity-177.7%-303pp

Debt / equity13.8×+11.2×

Current ratio1×-0.2×

Where this comes from

Reported directly by KORE Group Holdings in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Ask your AI about KORE Group Holdings's net income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is KORE Group Holdings's net income?: KORE Group Holdings (KORE) reported net income of -$28.46M in Q1 2026.
How has KORE Group Holdings's net income changed year-over-year?: KORE Group Holdings's net income decreased by 90.9% year-over-year, from -$14.91M to -$28.46M.
What is the long-term trend for KORE Group Holdings's net income?: Over 4 years (2021 to 2025), KORE Group Holdings's net income has grown at a 26.3% compound annual growth rate (CAGR), from -$24.78M to -$62.98M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.