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

Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $73.9M, roughly 1.0× KORE Group Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -25.0%, a 51.9% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs 0.7%). KORE Group Holdings, Inc. produced more free cash flow last quarter ($9.4M vs $-12.0M). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -1.4%).

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.

Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.

KORE vs KPLT — Head-to-Head

Bigger by revenue
KPLT
KPLT
1.0× larger
KPLT
$73.9M
$73.9M
KORE
Growing faster (revenue YoY)
KPLT
KPLT
+16.6% gap
KPLT
17.3%
0.7%
KORE
Higher net margin
KPLT
KPLT
51.9% more per $
KPLT
26.8%
-25.0%
KORE
More free cash flow
KORE
KORE
$21.3M more FCF
KORE
$9.4M
$-12.0M
KPLT
Faster 2-yr revenue CAGR
KPLT
KPLT
Annualised
KPLT
6.6%
-1.4%
KORE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KORE
KORE
KPLT
KPLT
Revenue
$73.9M
$73.9M
Net Profit
$-18.5M
$19.8M
Gross Margin
15.6%
Operating Margin
-0.8%
-1.4%
Net Margin
-25.0%
26.8%
Revenue YoY
0.7%
17.3%
Net Profit YoY
27.4%
307.3%
EPS (diluted)
$-0.92
$3.69

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
KORE
KORE
KPLT
KPLT
Q4 25
$73.9M
$73.9M
Q3 25
$68.7M
$74.0M
Q2 25
$71.3M
$71.9M
Q1 25
$72.1M
$71.9M
Q4 24
$73.3M
$63.0M
Q3 24
$68.9M
$60.3M
Q2 24
$67.9M
$58.9M
Q1 24
$76.0M
$65.1M
Net Profit
KORE
KORE
KPLT
KPLT
Q4 25
$-18.5M
$19.8M
Q3 25
$-12.7M
$-4.9M
Q2 25
$-16.9M
$-7.8M
Q1 25
$-14.9M
$-5.7M
Q4 24
$-25.4M
$-9.6M
Q3 24
$-19.4M
$-8.9M
Q2 24
$-83.6M
$-6.9M
Q1 24
$-17.6M
$-570.0K
Gross Margin
KORE
KORE
KPLT
KPLT
Q4 25
15.6%
Q3 25
19.7%
Q2 25
15.5%
Q1 25
19.9%
Q4 24
11.8%
Q3 24
19.8%
Q2 24
16.9%
Q1 24
25.3%
Operating Margin
KORE
KORE
KPLT
KPLT
Q4 25
-0.8%
-1.4%
Q3 25
-6.1%
3.3%
Q2 25
-7.3%
-2.0%
Q1 25
-3.4%
-0.7%
Q4 24
-17.8%
-7.7%
Q3 24
-8.2%
-7.4%
Q2 24
-113.0%
-4.5%
Q1 24
-9.7%
5.8%
Net Margin
KORE
KORE
KPLT
KPLT
Q4 25
-25.0%
26.8%
Q3 25
-18.5%
-6.7%
Q2 25
-23.7%
-10.9%
Q1 25
-20.7%
-7.9%
Q4 24
-34.7%
-15.2%
Q3 24
-28.2%
-14.7%
Q2 24
-123.2%
-11.7%
Q1 24
-23.1%
-0.9%
EPS (diluted)
KORE
KORE
KPLT
KPLT
Q4 25
$-0.92
$3.69
Q3 25
$-0.64
$-0.94
Q2 25
$-0.86
$-1.63
Q1 25
$-0.77
$-1.23
Q4 24
$-1.29
$-2.17
Q3 24
$-1.00
$-2.05
Q2 24
$-4.37
$-1.61
Q1 24
$-0.93
$-0.13

Balance Sheet & Financial Strength

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

Metric
KORE
KORE
KPLT
KPLT
Cash + ST InvestmentsLiquidity on hand
$26.7M
$22.4M
Total DebtLower is stronger
$301.3M
Stockholders' EquityBook value
$-163.8M
$-38.1M
Total Assets
$410.5M
$107.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KORE
KORE
KPLT
KPLT
Q4 25
$26.7M
$22.4M
Q3 25
$19.3M
$3.4M
Q2 25
$21.0M
$3.7M
Q1 25
$19.7M
$6.0M
Q4 24
$19.4M
$3.5M
Q3 24
$18.6M
$25.9M
Q2 24
$22.3M
$33.7M
Q1 24
$23.0M
$31.2M
Total Debt
KORE
KORE
KPLT
KPLT
Q4 25
$301.3M
Q3 25
Q2 25
Q1 25
Q4 24
$303.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KORE
KORE
KPLT
KPLT
Q4 25
$-163.8M
$-38.1M
Q3 25
$-145.7M
$-58.4M
Q2 25
$-133.5M
$-54.1M
Q1 25
$-114.9M
$-51.7M
Q4 24
$-99.6M
$-46.8M
Q3 24
$-77.2M
$-40.3M
Q2 24
$-57.2M
$-32.9M
Q1 24
$22.3M
$-27.5M
Total Assets
KORE
KORE
KPLT
KPLT
Q4 25
$410.5M
$107.9M
Q3 25
$423.4M
$85.9M
Q2 25
$432.9M
$90.6M
Q1 25
$445.1M
$88.5M
Q4 24
$455.8M
$93.2M
Q3 24
$473.9M
$92.0M
Q2 24
$487.7M
$106.6M
Q1 24
$576.6M
$106.6M

Cash Flow & Capital Efficiency

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

Metric
KORE
KORE
KPLT
KPLT
Operating Cash FlowLast quarter
$10.4M
$-11.9M
Free Cash FlowOCF − Capex
$9.4M
$-12.0M
FCF MarginFCF / Revenue
12.7%
-16.2%
Capex IntensityCapex / Revenue
1.5%
0.0%
Cash ConversionOCF / Net Profit
-0.60×
TTM Free Cash FlowTrailing 4 quarters
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KORE
KORE
KPLT
KPLT
Q4 25
$10.4M
$-11.9M
Q3 25
$1.1M
$4.0M
Q2 25
$4.1M
$-6.6M
Q1 25
$2.9M
$3.4M
Q4 24
$2.1M
$-32.6M
Q3 24
$1.2M
$-5.4M
Q2 24
$4.0M
$-628.0K
Q1 24
$1.9M
$2.0M
Free Cash Flow
KORE
KORE
KPLT
KPLT
Q4 25
$9.4M
$-12.0M
Q3 25
$879.0K
$4.0M
Q2 25
$2.8M
Q1 25
$2.7M
$3.4M
Q4 24
$2.0M
$-32.6M
Q3 24
$973.0K
$-5.4M
Q2 24
$3.1M
$-653.0K
Q1 24
$1.0M
FCF Margin
KORE
KORE
KPLT
KPLT
Q4 25
12.7%
-16.2%
Q3 25
1.3%
5.4%
Q2 25
4.0%
Q1 25
3.8%
4.7%
Q4 24
2.7%
-51.8%
Q3 24
1.4%
-9.0%
Q2 24
4.6%
-1.1%
Q1 24
1.4%
Capex Intensity
KORE
KORE
KPLT
KPLT
Q4 25
1.5%
0.0%
Q3 25
0.3%
0.0%
Q2 25
1.8%
0.0%
Q1 25
0.2%
0.0%
Q4 24
0.1%
0.1%
Q3 24
0.3%
0.0%
Q2 24
1.3%
0.0%
Q1 24
1.2%
0.0%
Cash Conversion
KORE
KORE
KPLT
KPLT
Q4 25
-0.60×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

KORE
KORE

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

KPLT
KPLT

Segment breakdown not available.

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