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

KORE Group Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $66.7M, roughly 1.1× RMR GROUP INC.). RMR GROUP INC. runs the higher net margin — 18.3% vs -25.0%, a 43.3% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs 0.7%).

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.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

KORE vs RMR — Head-to-Head

Bigger by revenue
KORE
KORE
1.1× larger
KORE
$73.9M
$66.7M
RMR
Growing faster (revenue YoY)
RMR
RMR
+40.0% gap
RMR
40.8%
0.7%
KORE
Higher net margin
RMR
RMR
43.3% more per $
RMR
18.3%
-25.0%
KORE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KORE
KORE
RMR
RMR
Revenue
$73.9M
$66.7M
Net Profit
$-18.5M
$12.2M
Gross Margin
Operating Margin
-0.8%
48.1%
Net Margin
-25.0%
18.3%
Revenue YoY
0.7%
40.8%
Net Profit YoY
27.4%
91.1%
EPS (diluted)
$-0.92
$0.71

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
RMR
RMR
Q4 25
$73.9M
$66.7M
Q3 25
$68.7M
Q2 25
$71.3M
Q1 25
$72.1M
Q4 24
$73.3M
Q3 24
$68.9M
Q2 24
$67.9M
Q1 24
$76.0M
Net Profit
KORE
KORE
RMR
RMR
Q4 25
$-18.5M
$12.2M
Q3 25
$-12.7M
Q2 25
$-16.9M
Q1 25
$-14.9M
Q4 24
$-25.4M
Q3 24
$-19.4M
Q2 24
$-83.6M
Q1 24
$-17.6M
Operating Margin
KORE
KORE
RMR
RMR
Q4 25
-0.8%
48.1%
Q3 25
-6.1%
Q2 25
-7.3%
Q1 25
-3.4%
Q4 24
-17.8%
Q3 24
-8.2%
Q2 24
-113.0%
Q1 24
-9.7%
Net Margin
KORE
KORE
RMR
RMR
Q4 25
-25.0%
18.3%
Q3 25
-18.5%
Q2 25
-23.7%
Q1 25
-20.7%
Q4 24
-34.7%
Q3 24
-28.2%
Q2 24
-123.2%
Q1 24
-23.1%
EPS (diluted)
KORE
KORE
RMR
RMR
Q4 25
$-0.92
$0.71
Q3 25
$-0.64
Q2 25
$-0.86
Q1 25
$-0.77
Q4 24
$-1.29
Q3 24
$-1.00
Q2 24
$-4.37
Q1 24
$-0.93

Balance Sheet & Financial Strength

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

Metric
KORE
KORE
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$26.7M
$49.3M
Total DebtLower is stronger
$301.3M
Stockholders' EquityBook value
$-163.8M
$232.7M
Total Assets
$410.5M
$687.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KORE
KORE
RMR
RMR
Q4 25
$26.7M
$49.3M
Q3 25
$19.3M
Q2 25
$21.0M
Q1 25
$19.7M
Q4 24
$19.4M
Q3 24
$18.6M
Q2 24
$22.3M
Q1 24
$23.0M
Total Debt
KORE
KORE
RMR
RMR
Q4 25
$301.3M
Q3 25
Q2 25
Q1 25
Q4 24
$303.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KORE
KORE
RMR
RMR
Q4 25
$-163.8M
$232.7M
Q3 25
$-145.7M
Q2 25
$-133.5M
Q1 25
$-114.9M
Q4 24
$-99.6M
Q3 24
$-77.2M
Q2 24
$-57.2M
Q1 24
$22.3M
Total Assets
KORE
KORE
RMR
RMR
Q4 25
$410.5M
$687.1M
Q3 25
$423.4M
Q2 25
$432.9M
Q1 25
$445.1M
Q4 24
$455.8M
Q3 24
$473.9M
Q2 24
$487.7M
Q1 24
$576.6M

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
RMR
RMR
Operating Cash FlowLast quarter
$10.4M
$10.7M
Free Cash FlowOCF − Capex
$9.4M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KORE
KORE
RMR
RMR
Q4 25
$10.4M
$10.7M
Q3 25
$1.1M
Q2 25
$4.1M
Q1 25
$2.9M
Q4 24
$2.1M
Q3 24
$1.2M
Q2 24
$4.0M
Q1 24
$1.9M
Free Cash Flow
KORE
KORE
RMR
RMR
Q4 25
$9.4M
Q3 25
$879.0K
Q2 25
$2.8M
Q1 25
$2.7M
Q4 24
$2.0M
Q3 24
$973.0K
Q2 24
$3.1M
Q1 24
$1.0M
FCF Margin
KORE
KORE
RMR
RMR
Q4 25
12.7%
Q3 25
1.3%
Q2 25
4.0%
Q1 25
3.8%
Q4 24
2.7%
Q3 24
1.4%
Q2 24
4.6%
Q1 24
1.4%
Capex Intensity
KORE
KORE
RMR
RMR
Q4 25
1.5%
Q3 25
0.3%
Q2 25
1.8%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.3%
Q2 24
1.3%
Q1 24
1.2%
Cash Conversion
KORE
KORE
RMR
RMR
Q4 25
0.88×
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%

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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