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Side-by-side financial comparison of KORE Group Holdings, Inc. (KORE) and SYNCHRONOSS TECHNOLOGIES INC (SNCR). 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 $42.0M, roughly 1.8× SYNCHRONOSS TECHNOLOGIES INC). SYNCHRONOSS TECHNOLOGIES INC runs the higher net margin — 13.8% vs -25.0%, a 38.9% gap on every dollar of revenue. On growth, KORE Group Holdings, Inc. posted the faster year-over-year revenue change (0.7% vs -2.2%). SYNCHRONOSS TECHNOLOGIES INC produced more free cash flow last quarter ($39.0M vs $9.4M). Over the past eight quarters, SYNCHRONOSS TECHNOLOGIES INC's revenue compounded faster (0.7% 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.

Synchronoss Technologies Inc develops cloud-based digital transformation, subscriber management and messaging solutions for global telecom operators and enterprise clients. Its core offerings support connectivity onboarding, IoT service enablement, with key markets spanning North America, Europe and Asia-Pacific.

KORE vs SNCR — Head-to-Head

Bigger by revenue
KORE
KORE
1.8× larger
KORE
$73.9M
$42.0M
SNCR
Growing faster (revenue YoY)
KORE
KORE
+3.0% gap
KORE
0.7%
-2.2%
SNCR
Higher net margin
SNCR
SNCR
38.9% more per $
SNCR
13.8%
-25.0%
KORE
More free cash flow
SNCR
SNCR
$29.6M more FCF
SNCR
$39.0M
$9.4M
KORE
Faster 2-yr revenue CAGR
SNCR
SNCR
Annualised
SNCR
0.7%
-1.4%
KORE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
KORE
KORE
SNCR
SNCR
Revenue
$73.9M
$42.0M
Net Profit
$-18.5M
$5.8M
Gross Margin
79.4%
Operating Margin
-0.8%
14.0%
Net Margin
-25.0%
13.8%
Revenue YoY
0.7%
-2.2%
Net Profit YoY
27.4%
201.7%
EPS (diluted)
$-0.92
$0.51

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
SNCR
SNCR
Q4 25
$73.9M
Q3 25
$68.7M
$42.0M
Q2 25
$71.3M
$42.5M
Q1 25
$72.1M
$42.2M
Q4 24
$73.3M
$44.2M
Q3 24
$68.9M
$43.0M
Q2 24
$67.9M
$43.5M
Q1 24
$76.0M
$43.0M
Net Profit
KORE
KORE
SNCR
SNCR
Q4 25
$-18.5M
Q3 25
$-12.7M
$5.8M
Q2 25
$-16.9M
$-19.6M
Q1 25
$-14.9M
$-3.8M
Q4 24
$-25.4M
$7.9M
Q3 24
$-19.4M
$-5.7M
Q2 24
$-83.6M
$-494.0K
Q1 24
$-17.6M
$4.5M
Gross Margin
KORE
KORE
SNCR
SNCR
Q4 25
Q3 25
79.4%
Q2 25
79.0%
Q1 25
79.4%
Q4 24
78.6%
Q3 24
79.1%
Q2 24
76.1%
Q1 24
76.2%
Operating Margin
KORE
KORE
SNCR
SNCR
Q4 25
-0.8%
Q3 25
-6.1%
14.0%
Q2 25
-7.3%
16.1%
Q1 25
-3.4%
19.5%
Q4 24
-17.8%
16.5%
Q3 24
-8.2%
12.8%
Q2 24
-113.0%
9.9%
Q1 24
-9.7%
10.7%
Net Margin
KORE
KORE
SNCR
SNCR
Q4 25
-25.0%
Q3 25
-18.5%
13.8%
Q2 25
-23.7%
-46.1%
Q1 25
-20.7%
-9.0%
Q4 24
-34.7%
17.8%
Q3 24
-28.2%
-13.3%
Q2 24
-123.2%
-1.1%
Q1 24
-23.1%
10.4%
EPS (diluted)
KORE
KORE
SNCR
SNCR
Q4 25
$-0.92
Q3 25
$-0.64
$0.51
Q2 25
$-0.86
$-1.87
Q1 25
$-0.77
$-0.37
Q4 24
$-1.29
$0.75
Q3 24
$-1.00
$-0.56
Q2 24
$-4.37
$0.01
Q1 24
$-0.93
$0.23

Balance Sheet & Financial Strength

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

Metric
KORE
KORE
SNCR
SNCR
Cash + ST InvestmentsLiquidity on hand
$26.7M
$34.8M
Total DebtLower is stronger
$301.3M
$163.2M
Stockholders' EquityBook value
$-163.8M
$55.4M
Total Assets
$410.5M
$278.2M
Debt / EquityLower = less leverage
2.95×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KORE
KORE
SNCR
SNCR
Q4 25
$26.7M
Q3 25
$19.3M
$34.8M
Q2 25
$21.0M
$24.6M
Q1 25
$19.7M
$29.1M
Q4 24
$19.4M
$33.4M
Q3 24
$18.6M
$25.2M
Q2 24
$22.3M
$23.6M
Q1 24
$23.0M
$19.1M
Total Debt
KORE
KORE
SNCR
SNCR
Q4 25
$301.3M
Q3 25
$163.2M
Q2 25
$186.2M
Q1 25
$187.0M
Q4 24
$303.1M
$186.7M
Q3 24
$186.4M
Q2 24
$186.2M
Q1 24
$136.6M
Stockholders' Equity
KORE
KORE
SNCR
SNCR
Q4 25
$-163.8M
Q3 25
$-145.7M
$55.4M
Q2 25
$-133.5M
$49.4M
Q1 25
$-114.9M
$35.4M
Q4 24
$-99.6M
$29.8M
Q3 24
$-77.2M
$35.3M
Q2 24
$-57.2M
$30.6M
Q1 24
$22.3M
$24.0M
Total Assets
KORE
KORE
SNCR
SNCR
Q4 25
$410.5M
Q3 25
$423.4M
$278.2M
Q2 25
$432.9M
$291.4M
Q1 25
$445.1M
$293.3M
Q4 24
$455.8M
$293.8M
Q3 24
$473.9M
$299.7M
Q2 24
$487.7M
$295.7M
Q1 24
$576.6M
$298.5M
Debt / Equity
KORE
KORE
SNCR
SNCR
Q4 25
Q3 25
2.95×
Q2 25
3.77×
Q1 25
5.28×
Q4 24
6.27×
Q3 24
5.28×
Q2 24
6.08×
Q1 24
5.70×

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
SNCR
SNCR
Operating Cash FlowLast quarter
$10.4M
$39.4M
Free Cash FlowOCF − Capex
$9.4M
$39.0M
FCF MarginFCF / Revenue
12.7%
92.9%
Capex IntensityCapex / Revenue
1.5%
0.9%
Cash ConversionOCF / Net Profit
6.77×
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$53.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KORE
KORE
SNCR
SNCR
Q4 25
$10.4M
Q3 25
$1.1M
$39.4M
Q2 25
$4.1M
$2.3M
Q1 25
$2.9M
$293.0K
Q4 24
$2.1M
$13.1M
Q3 24
$1.2M
$3.4M
Q2 24
$4.0M
$11.3M
Q1 24
$1.9M
$527.0K
Free Cash Flow
KORE
KORE
SNCR
SNCR
Q4 25
$9.4M
Q3 25
$879.0K
$39.0M
Q2 25
$2.8M
$2.0M
Q1 25
$2.7M
$-31.0K
Q4 24
$2.0M
$12.2M
Q3 24
$973.0K
$3.2M
Q2 24
$3.1M
$10.9M
Q1 24
$1.0M
$10.0K
FCF Margin
KORE
KORE
SNCR
SNCR
Q4 25
12.7%
Q3 25
1.3%
92.9%
Q2 25
4.0%
4.6%
Q1 25
3.8%
-0.1%
Q4 24
2.7%
27.6%
Q3 24
1.4%
7.5%
Q2 24
4.6%
25.2%
Q1 24
1.4%
0.0%
Capex Intensity
KORE
KORE
SNCR
SNCR
Q4 25
1.5%
Q3 25
0.3%
0.9%
Q2 25
1.8%
0.8%
Q1 25
0.2%
0.8%
Q4 24
0.1%
1.9%
Q3 24
0.3%
0.3%
Q2 24
1.3%
0.9%
Q1 24
1.2%
1.2%
Cash Conversion
KORE
KORE
SNCR
SNCR
Q4 25
Q3 25
6.77×
Q2 25
Q1 25
Q4 24
1.66×
Q3 24
Q2 24
Q1 24
0.12×

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%

SNCR
SNCR

Subscription Services$39.4M94%
Professional Services$2.6M6%

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