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

OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $73.9M, roughly 1.4× KORE Group Holdings, Inc.). OLAPLEX HOLDINGS, INC. runs the higher net margin — -12.5% vs -25.0%, a 12.6% gap on every dollar of revenue. On growth, OLAPLEX HOLDINGS, INC. posted the faster year-over-year revenue change (4.3% vs 0.7%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $9.4M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% 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.

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

KORE vs OLPX — Head-to-Head

Bigger by revenue
OLPX
OLPX
1.4× larger
OLPX
$105.1M
$73.9M
KORE
Growing faster (revenue YoY)
OLPX
OLPX
+3.6% gap
OLPX
4.3%
0.7%
KORE
Higher net margin
OLPX
OLPX
12.6% more per $
OLPX
-12.5%
-25.0%
KORE
More free cash flow
OLPX
OLPX
$23.2M more FCF
OLPX
$32.6M
$9.4M
KORE
Faster 2-yr revenue CAGR
OLPX
OLPX
Annualised
OLPX
3.1%
-1.4%
KORE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KORE
KORE
OLPX
OLPX
Revenue
$73.9M
$105.1M
Net Profit
$-18.5M
$-13.1M
Gross Margin
68.0%
Operating Margin
-0.8%
-4.3%
Net Margin
-25.0%
-12.5%
Revenue YoY
0.7%
4.3%
Net Profit YoY
27.4%
-48.9%
EPS (diluted)
$-0.92
$-0.02

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
OLPX
OLPX
Q4 25
$73.9M
$105.1M
Q3 25
$68.7M
$114.6M
Q2 25
$71.3M
$106.3M
Q1 25
$72.1M
$97.0M
Q4 24
$73.3M
$100.7M
Q3 24
$68.9M
$119.1M
Q2 24
$67.9M
$103.9M
Q1 24
$76.0M
$98.9M
Net Profit
KORE
KORE
OLPX
OLPX
Q4 25
$-18.5M
$-13.1M
Q3 25
$-12.7M
$11.1M
Q2 25
$-16.9M
$-7.7M
Q1 25
$-14.9M
$465.0K
Q4 24
$-25.4M
$-8.8M
Q3 24
$-19.4M
$14.8M
Q2 24
$-83.6M
$5.8M
Q1 24
$-17.6M
$7.7M
Gross Margin
KORE
KORE
OLPX
OLPX
Q4 25
68.0%
Q3 25
69.1%
Q2 25
71.2%
Q1 25
69.5%
Q4 24
66.3%
Q3 24
68.6%
Q2 24
69.7%
Q1 24
72.1%
Operating Margin
KORE
KORE
OLPX
OLPX
Q4 25
-0.8%
-4.3%
Q3 25
-6.1%
3.7%
Q2 25
-7.3%
-1.1%
Q1 25
-3.4%
8.7%
Q4 24
-17.8%
3.0%
Q3 24
-8.2%
23.5%
Q2 24
-113.0%
15.7%
Q1 24
-9.7%
19.8%
Net Margin
KORE
KORE
OLPX
OLPX
Q4 25
-25.0%
-12.5%
Q3 25
-18.5%
9.7%
Q2 25
-23.7%
-7.3%
Q1 25
-20.7%
0.5%
Q4 24
-34.7%
-8.7%
Q3 24
-28.2%
12.4%
Q2 24
-123.2%
5.6%
Q1 24
-23.1%
7.8%
EPS (diluted)
KORE
KORE
OLPX
OLPX
Q4 25
$-0.92
$-0.02
Q3 25
$-0.64
$0.02
Q2 25
$-0.86
$-0.01
Q1 25
$-0.77
$0.00
Q4 24
$-1.29
$-0.01
Q3 24
$-1.00
$0.02
Q2 24
$-4.37
$0.01
Q1 24
$-0.93
$0.01

Balance Sheet & Financial Strength

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

Metric
KORE
KORE
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$26.7M
$318.7M
Total DebtLower is stronger
$301.3M
$352.3M
Stockholders' EquityBook value
$-163.8M
$879.4M
Total Assets
$410.5M
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KORE
KORE
OLPX
OLPX
Q4 25
$26.7M
$318.7M
Q3 25
$19.3M
$286.4M
Q2 25
$21.0M
$289.3M
Q1 25
$19.7M
$580.9M
Q4 24
$19.4M
$586.0M
Q3 24
$18.6M
$538.8M
Q2 24
$22.3M
$507.9M
Q1 24
$23.0M
$507.5M
Total Debt
KORE
KORE
OLPX
OLPX
Q4 25
$301.3M
$352.3M
Q3 25
$352.1M
Q2 25
$351.9M
Q1 25
$649.1M
Q4 24
$303.1M
$650.5M
Q3 24
$651.8M
Q2 24
$653.1M
Q1 24
$654.4M
Stockholders' Equity
KORE
KORE
OLPX
OLPX
Q4 25
$-163.8M
$879.4M
Q3 25
$-145.7M
$888.7M
Q2 25
$-133.5M
$874.2M
Q1 25
$-114.9M
$878.3M
Q4 24
$-99.6M
$874.4M
Q3 24
$-77.2M
$879.7M
Q2 24
$-57.2M
$863.3M
Q1 24
$22.3M
$855.7M
Total Assets
KORE
KORE
OLPX
OLPX
Q4 25
$410.5M
$1.5B
Q3 25
$423.4M
$1.5B
Q2 25
$432.9M
$1.5B
Q1 25
$445.1M
$1.8B
Q4 24
$455.8M
$1.8B
Q3 24
$473.9M
$1.8B
Q2 24
$487.7M
$1.8B
Q1 24
$576.6M
$1.8B
Debt / Equity
KORE
KORE
OLPX
OLPX
Q4 25
0.40×
Q3 25
0.40×
Q2 25
0.40×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.76×
Q1 24
0.76×

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
OLPX
OLPX
Operating Cash FlowLast quarter
$10.4M
$32.7M
Free Cash FlowOCF − Capex
$9.4M
$32.6M
FCF MarginFCF / Revenue
12.7%
31.0%
Capex IntensityCapex / Revenue
1.5%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KORE
KORE
OLPX
OLPX
Q4 25
$10.4M
$32.7M
Q3 25
$1.1M
$8.0M
Q2 25
$4.1M
$20.9M
Q1 25
$2.9M
$-2.9M
Q4 24
$2.1M
$49.7M
Q3 24
$1.2M
$33.5M
Q2 24
$4.0M
$16.2M
Q1 24
$1.9M
$43.7M
Free Cash Flow
KORE
KORE
OLPX
OLPX
Q4 25
$9.4M
$32.6M
Q3 25
$879.0K
$7.9M
Q2 25
$2.8M
$20.8M
Q1 25
$2.7M
$-3.0M
Q4 24
$2.0M
$49.2M
Q3 24
$973.0K
$33.3M
Q2 24
$3.1M
$16.1M
Q1 24
$1.0M
$43.3M
FCF Margin
KORE
KORE
OLPX
OLPX
Q4 25
12.7%
31.0%
Q3 25
1.3%
6.9%
Q2 25
4.0%
19.6%
Q1 25
3.8%
-3.1%
Q4 24
2.7%
48.9%
Q3 24
1.4%
28.0%
Q2 24
4.6%
15.5%
Q1 24
1.4%
43.7%
Capex Intensity
KORE
KORE
OLPX
OLPX
Q4 25
1.5%
0.1%
Q3 25
0.3%
0.1%
Q2 25
1.8%
0.1%
Q1 25
0.2%
0.0%
Q4 24
0.1%
0.4%
Q3 24
0.3%
0.1%
Q2 24
1.3%
0.1%
Q1 24
1.2%
0.5%
Cash Conversion
KORE
KORE
OLPX
OLPX
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
-6.27×
Q4 24
Q3 24
2.26×
Q2 24
2.81×
Q1 24
5.64×

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%

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

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