KORE Group Holdings, Inc.KOREEarnings & Financial Report
KORE Wireless is a publicly traded company that provides IoT connectivity, managed services, and related solutions. The company supports applications across sectors including healthcare, logistics, fleet, utilities, and industrial automation, with more than 20 million active connections reported worldwide.
KORE Q4 FY2025 Key Financial Metrics
Revenue
$73.9M
Gross Profit
N/A
Operating Profit
$-601.0K
Net Profit
$-18.5M
Gross Margin
N/A
Operating Margin
-0.8%
Net Margin
-25.0%
YoY Growth
0.7%
EPS
$-0.92
KORE Group Holdings, Inc. Q4 FY2025 Financial Summary
KORE Group Holdings, Inc. reported revenue of $73.9M (up 0.7% YoY) for Q4 FY2025, with a net profit of $-18.5M (up 27.4% YoY) (-25.0% margin).
Key Financial Metrics
| Total Revenue | $73.9M |
|---|---|
| Net Profit | $-18.5M |
| Gross Margin | N/A |
| Operating Margin | -0.8% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
KORE Group Holdings, Inc. Q4 FY2025 revenue of $73.9M breaks down across 3 segments, led by Io T Connectivity And Solutions Services at $55.9M (75.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Io T Connectivity And Solutions Services | $55.9M | 75.7% |
| Hardware Sales | $15.4M | 20.9% |
| Deployment Services Professional Services Referral Services And Other | $2.5M | 3.4% |
KORE Group Holdings, Inc. Revenue by Segment — Quarterly Trend
KORE Group Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Io T Connectivity And Solutions Services and Hardware Sales) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Io T Connectivity And Solutions Services | $55.9M | $54.4M | $53.6M | $52.8M |
| Hardware Sales | $15.4M | $11.6M | $14.9M | $16.7M |
| Deployment Services Professional Services Referral Services And Other | $2.5M | $2.6M | $2.7M | $2.6M |
KORE Group Holdings, Inc. Annual Revenue by Year
KORE Group Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $285.9M).
KORE Group Holdings, Inc. Quarterly Revenue & Net Profit History
KORE Group Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $73.9M | +0.7% | $-18.5M | -25.0% |
| Q3 FY2025 | $68.7M | -0.3% | $-12.7M | -18.5% |
| Q2 FY2025 | $71.3M | +5.0% | $-16.9M | -23.7% |
| Q1 FY2025 | $72.1M | -5.0% | $-14.9M | -20.7% |
| Q4 FY2024 | $73.3M | +1.2% | $-25.4M | -34.7% |
| Q3 FY2024 | $68.9M | +0.4% | $-19.4M | -28.2% |
| Q2 FY2024 | $67.9M | -2.4% | $-83.6M | -123.2% |
| Q1 FY2024 | $76.0M | +15.2% | $-17.6M | -23.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $76.0M | $67.9M | $68.9M | $73.3M | $72.1M | $71.3M | $68.7M | $73.9M |
| YoY Growth | 15.2% | -2.4% | 0.4% | 1.2% | -5.0% | 5.0% | -0.3% | 0.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $576.6M | $487.7M | $473.9M | $455.8M | $445.1M | $432.9M | $423.4M | $410.5M |
| Liabilities | $554.3M | $544.9M | $551.2M | $555.4M | $560.0M | $566.4M | $569.1M | $574.3M |
| Equity | $22.3M | $-57.2M | $-77.2M | $-99.6M | $-114.9M | $-133.5M | $-145.7M | $-163.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.9M | $4.0M | $1.2M | $2.1M | $2.9M | $4.1M | $1.1M | $10.4M |