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Side-by-side financial comparison of California Resources Corp (CRC) and KORE Group Holdings, Inc. (KORE). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $73.9M, roughly 1.6× KORE Group Holdings, Inc.). KORE Group Holdings, Inc. produced more free cash flow last quarter ($9.4M vs $-32.0M). Over the past eight quarters, KORE Group Holdings, Inc.'s revenue compounded faster (-1.4% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs KORE — Head-to-Head

Bigger by revenue
CRC
CRC
1.6× larger
CRC
$119.0M
$73.9M
KORE
More free cash flow
KORE
KORE
$41.4M more FCF
KORE
$9.4M
$-32.0M
CRC
Faster 2-yr revenue CAGR
KORE
KORE
Annualised
KORE
-1.4%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
KORE
KORE
Revenue
$119.0M
$73.9M
Net Profit
$-18.5M
Gross Margin
Operating Margin
-597.5%
-0.8%
Net Margin
-25.0%
Revenue YoY
0.7%
Net Profit YoY
27.4%
EPS (diluted)
$-8.02
$-0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRC
CRC
KORE
KORE
Q1 26
$119.0M
Q4 25
$679.0M
$73.9M
Q3 25
$715.0M
$68.7M
Q2 25
$702.0M
$71.3M
Q1 25
$814.0M
$72.1M
Q4 24
$826.0M
$73.3M
Q3 24
$870.0M
$68.9M
Q2 24
$412.0M
$67.9M
Net Profit
CRC
CRC
KORE
KORE
Q1 26
Q4 25
$12.0M
$-18.5M
Q3 25
$64.0M
$-12.7M
Q2 25
$172.0M
$-16.9M
Q1 25
$115.0M
$-14.9M
Q4 24
$33.0M
$-25.4M
Q3 24
$345.0M
$-19.4M
Q2 24
$8.0M
$-83.6M
Operating Margin
CRC
CRC
KORE
KORE
Q1 26
-597.5%
Q4 25
6.9%
-0.8%
Q3 25
13.7%
-6.1%
Q2 25
38.0%
-7.3%
Q1 25
22.9%
-3.4%
Q4 24
8.2%
-17.8%
Q3 24
59.5%
-8.2%
Q2 24
9.2%
-113.0%
Net Margin
CRC
CRC
KORE
KORE
Q1 26
Q4 25
1.8%
-25.0%
Q3 25
9.0%
-18.5%
Q2 25
24.5%
-23.7%
Q1 25
14.1%
-20.7%
Q4 24
4.0%
-34.7%
Q3 24
39.7%
-28.2%
Q2 24
1.9%
-123.2%
EPS (diluted)
CRC
CRC
KORE
KORE
Q1 26
$-8.02
Q4 25
$0.21
$-0.92
Q3 25
$0.76
$-0.64
Q2 25
$1.92
$-0.86
Q1 25
$1.26
$-0.77
Q4 24
$0.87
$-1.29
Q3 24
$3.78
$-1.00
Q2 24
$0.11
$-4.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRC
CRC
KORE
KORE
Cash + ST InvestmentsLiquidity on hand
$26.7M
Total DebtLower is stronger
$301.3M
Stockholders' EquityBook value
$2.9B
$-163.8M
Total Assets
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
KORE
KORE
Q1 26
Q4 25
$132.0M
$26.7M
Q3 25
$196.0M
$19.3M
Q2 25
$72.0M
$21.0M
Q1 25
$214.0M
$19.7M
Q4 24
$372.0M
$19.4M
Q3 24
$241.0M
$18.6M
Q2 24
$1.0B
$22.3M
Total Debt
CRC
CRC
KORE
KORE
Q1 26
Q4 25
$301.3M
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
$303.1M
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
KORE
KORE
Q1 26
$2.9B
Q4 25
$3.7B
$-163.8M
Q3 25
$3.4B
$-145.7M
Q2 25
$3.4B
$-133.5M
Q1 25
$3.5B
$-114.9M
Q4 24
$3.5B
$-99.6M
Q3 24
$3.5B
$-77.2M
Q2 24
$2.1B
$-57.2M
Total Assets
CRC
CRC
KORE
KORE
Q1 26
Q4 25
$7.4B
$410.5M
Q3 25
$6.8B
$423.4M
Q2 25
$6.7B
$432.9M
Q1 25
$6.8B
$445.1M
Q4 24
$7.1B
$455.8M
Q3 24
$7.1B
$473.9M
Q2 24
$4.5B
$487.7M
Debt / Equity
CRC
CRC
KORE
KORE
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRC
CRC
KORE
KORE
Operating Cash FlowLast quarter
$99.0M
$10.4M
Free Cash FlowOCF − Capex
$-32.0M
$9.4M
FCF MarginFCF / Revenue
-26.9%
12.7%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
KORE
KORE
Q1 26
$99.0M
Q4 25
$235.0M
$10.4M
Q3 25
$279.0M
$1.1M
Q2 25
$165.0M
$4.1M
Q1 25
$186.0M
$2.9M
Q4 24
$206.0M
$2.1M
Q3 24
$220.0M
$1.2M
Q2 24
$97.0M
$4.0M
Free Cash Flow
CRC
CRC
KORE
KORE
Q1 26
$-32.0M
Q4 25
$115.0M
$9.4M
Q3 25
$188.0M
$879.0K
Q2 25
$109.0M
$2.8M
Q1 25
$131.0M
$2.7M
Q4 24
$118.0M
$2.0M
Q3 24
$141.0M
$973.0K
Q2 24
$63.0M
$3.1M
FCF Margin
CRC
CRC
KORE
KORE
Q1 26
-26.9%
Q4 25
16.9%
12.7%
Q3 25
26.3%
1.3%
Q2 25
15.5%
4.0%
Q1 25
16.1%
3.8%
Q4 24
14.3%
2.7%
Q3 24
16.2%
1.4%
Q2 24
15.3%
4.6%
Capex Intensity
CRC
CRC
KORE
KORE
Q1 26
Q4 25
17.7%
1.5%
Q3 25
12.7%
0.3%
Q2 25
8.0%
1.8%
Q1 25
6.8%
0.2%
Q4 24
10.7%
0.1%
Q3 24
9.1%
0.3%
Q2 24
8.3%
1.3%
Cash Conversion
CRC
CRC
KORE
KORE
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

KORE
KORE

Io T Connectivity And Solutions Services$55.9M76%
Hardware Sales$15.4M21%
Deployment Services Professional Services Referral Services And Other$2.5M3%

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