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

PAR TECHNOLOGY CORP is the larger business by last-quarter revenue ($120.1M vs $73.9M, roughly 1.6× KORE Group Holdings, Inc.). On growth, PAR TECHNOLOGY CORP posted the faster year-over-year revenue change (14.4% vs 0.7%). KORE Group Holdings, Inc. produced more free cash flow last quarter ($9.4M vs $-12.5M). Over the past eight quarters, PAR TECHNOLOGY CORP's revenue compounded faster (30.9% 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.

PAR Technology Corp is a global provider of point-of-sale systems, restaurant management software, and integrated tech solutions. Its core segments serve food service, hospitality, and government security markets, offering cloud tools to streamline operations, enhance customer experiences, and boost efficiency for enterprise and small-to-medium clients.

KORE vs PAR — Head-to-Head

Bigger by revenue
PAR
PAR
1.6× larger
PAR
$120.1M
$73.9M
KORE
Growing faster (revenue YoY)
PAR
PAR
+13.6% gap
PAR
14.4%
0.7%
KORE
More free cash flow
KORE
KORE
$21.9M more FCF
KORE
$9.4M
$-12.5M
PAR
Faster 2-yr revenue CAGR
PAR
PAR
Annualised
PAR
30.9%
-1.4%
KORE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KORE
KORE
PAR
PAR
Revenue
$73.9M
$120.1M
Net Profit
$-18.5M
Gross Margin
41.2%
Operating Margin
-0.8%
-15.0%
Net Margin
-25.0%
Revenue YoY
0.7%
14.4%
Net Profit YoY
27.4%
EPS (diluted)
$-0.92
$-0.52

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
PAR
PAR
Q4 25
$73.9M
$120.1M
Q3 25
$68.7M
$119.2M
Q2 25
$71.3M
$112.4M
Q1 25
$72.1M
$103.9M
Q4 24
$73.3M
$105.0M
Q3 24
$68.9M
$96.8M
Q2 24
$67.9M
$78.2M
Q1 24
$76.0M
$70.1M
Net Profit
KORE
KORE
PAR
PAR
Q4 25
$-18.5M
Q3 25
$-12.7M
$-18.2M
Q2 25
$-16.9M
$-21.0M
Q1 25
$-14.9M
$-24.4M
Q4 24
$-25.4M
Q3 24
$-19.4M
$-19.8M
Q2 24
$-83.6M
$54.2M
Q1 24
$-17.6M
$-18.3M
Gross Margin
KORE
KORE
PAR
PAR
Q4 25
41.2%
Q3 25
41.3%
Q2 25
45.4%
Q1 25
46.5%
Q4 24
42.9%
Q3 24
44.5%
Q2 24
41.0%
Q1 24
37.2%
Operating Margin
KORE
KORE
PAR
PAR
Q4 25
-0.8%
-15.0%
Q3 25
-6.1%
-14.8%
Q2 25
-7.3%
-15.4%
Q1 25
-3.4%
-15.2%
Q4 24
-17.8%
-15.6%
Q3 24
-8.2%
-15.7%
Q2 24
-113.0%
-26.5%
Q1 24
-9.7%
-38.2%
Net Margin
KORE
KORE
PAR
PAR
Q4 25
-25.0%
Q3 25
-18.5%
-15.3%
Q2 25
-23.7%
-18.7%
Q1 25
-20.7%
-23.4%
Q4 24
-34.7%
Q3 24
-28.2%
-20.5%
Q2 24
-123.2%
69.3%
Q1 24
-23.1%
-26.1%
EPS (diluted)
KORE
KORE
PAR
PAR
Q4 25
$-0.92
$-0.52
Q3 25
$-0.64
$-0.45
Q2 25
$-0.86
$-0.52
Q1 25
$-0.77
$-0.60
Q4 24
$-1.29
$-0.56
Q3 24
$-1.00
$-0.56
Q2 24
$-4.37
$1.60
Q1 24
$-0.93
$-0.62

Balance Sheet & Financial Strength

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

Metric
KORE
KORE
PAR
PAR
Cash + ST InvestmentsLiquidity on hand
$26.7M
$80.1M
Total DebtLower is stronger
$301.3M
$394.0M
Stockholders' EquityBook value
$-163.8M
$825.1M
Total Assets
$410.5M
$1.4B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KORE
KORE
PAR
PAR
Q4 25
$26.7M
$80.1M
Q3 25
$19.3M
$93.0M
Q2 25
$21.0M
$85.7M
Q1 25
$19.7M
$92.2M
Q4 24
$19.4M
$108.6M
Q3 24
$18.6M
$118.4M
Q2 24
$22.3M
$142.5M
Q1 24
$23.0M
$72.5M
Total Debt
KORE
KORE
PAR
PAR
Q4 25
$301.3M
$394.0M
Q3 25
$393.4M
Q2 25
$392.8M
Q1 25
$392.3M
Q4 24
$303.1M
$368.4M
Q3 24
$466.7M
Q2 24
$378.7M
Q1 24
$378.2M
Stockholders' Equity
KORE
KORE
PAR
PAR
Q4 25
$-163.8M
$825.1M
Q3 25
$-145.7M
$838.0M
Q2 25
$-133.5M
$859.1M
Q1 25
$-114.9M
$852.0M
Q4 24
$-99.6M
$871.7M
Q3 24
$-77.2M
$692.7M
Q2 24
$-57.2M
$588.3M
Q1 24
$22.3M
$526.4M
Total Assets
KORE
KORE
PAR
PAR
Q4 25
$410.5M
$1.4B
Q3 25
$423.4M
$1.4B
Q2 25
$432.9M
$1.4B
Q1 25
$445.1M
$1.4B
Q4 24
$455.8M
$1.4B
Q3 24
$473.9M
$1.3B
Q2 24
$487.7M
$1.1B
Q1 24
$576.6M
$1.0B
Debt / Equity
KORE
KORE
PAR
PAR
Q4 25
0.48×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.46×
Q4 24
0.42×
Q3 24
0.67×
Q2 24
0.64×
Q1 24
0.72×

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
PAR
PAR
Operating Cash FlowLast quarter
$10.4M
$-11.8M
Free Cash FlowOCF − Capex
$9.4M
$-12.5M
FCF MarginFCF / Revenue
12.7%
-10.4%
Capex IntensityCapex / Revenue
1.5%
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$-30.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KORE
KORE
PAR
PAR
Q4 25
$10.4M
$-11.8M
Q3 25
$1.1M
$8.4M
Q2 25
$4.1M
$-6.6M
Q1 25
$2.9M
$-17.2M
Q4 24
$2.1M
$3.4M
Q3 24
$1.2M
$8.8M
Q2 24
$4.0M
$-13.8M
Q1 24
$1.9M
$-23.6M
Free Cash Flow
KORE
KORE
PAR
PAR
Q4 25
$9.4M
$-12.5M
Q3 25
$879.0K
$7.0M
Q2 25
$2.8M
$-7.4M
Q1 25
$2.7M
$-17.6M
Q4 24
$2.0M
$3.2M
Q3 24
$973.0K
$8.4M
Q2 24
$3.1M
$-14.2M
Q1 24
$1.0M
$-23.6M
FCF Margin
KORE
KORE
PAR
PAR
Q4 25
12.7%
-10.4%
Q3 25
1.3%
5.9%
Q2 25
4.0%
-6.6%
Q1 25
3.8%
-16.9%
Q4 24
2.7%
3.0%
Q3 24
1.4%
8.7%
Q2 24
4.6%
-18.2%
Q1 24
1.4%
-33.7%
Capex Intensity
KORE
KORE
PAR
PAR
Q4 25
1.5%
0.7%
Q3 25
0.3%
1.1%
Q2 25
1.8%
0.7%
Q1 25
0.2%
0.4%
Q4 24
0.1%
0.2%
Q3 24
0.3%
0.4%
Q2 24
1.3%
0.5%
Q1 24
1.2%
0.1%
Cash Conversion
KORE
KORE
PAR
PAR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.26×
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%

PAR
PAR

Subscription Service$76.1M63%
Hardware$27.8M23%
Professional Service$16.2M13%

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