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

TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $73.9M, roughly 1.4× KORE Group Holdings, Inc.). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs -25.0%, a 35.3% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 0.7%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $9.4M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.

Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.

KORE vs TCMD — Head-to-Head

Bigger by revenue
TCMD
TCMD
1.4× larger
TCMD
$103.6M
$73.9M
KORE
Growing faster (revenue YoY)
TCMD
TCMD
+20.3% gap
TCMD
21.0%
0.7%
KORE
Higher net margin
TCMD
TCMD
35.3% more per $
TCMD
10.3%
-25.0%
KORE
More free cash flow
TCMD
TCMD
$7.4M more FCF
TCMD
$16.8M
$9.4M
KORE
Faster 2-yr revenue CAGR
TCMD
TCMD
Annualised
TCMD
30.2%
-1.4%
KORE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KORE
KORE
TCMD
TCMD
Revenue
$73.9M
$103.6M
Net Profit
$-18.5M
$10.6M
Gross Margin
78.2%
Operating Margin
-0.8%
18.1%
Net Margin
-25.0%
10.3%
Revenue YoY
0.7%
21.0%
Net Profit YoY
27.4%
9.4%
EPS (diluted)
$-0.92
$0.45

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
TCMD
TCMD
Q4 25
$73.9M
$103.6M
Q3 25
$68.7M
$85.8M
Q2 25
$71.3M
$78.9M
Q1 25
$72.1M
$61.3M
Q4 24
$73.3M
$85.6M
Q3 24
$68.9M
$73.1M
Q2 24
$67.9M
$73.2M
Q1 24
$76.0M
$61.1M
Net Profit
KORE
KORE
TCMD
TCMD
Q4 25
$-18.5M
$10.6M
Q3 25
$-12.7M
$8.2M
Q2 25
$-16.9M
$3.2M
Q1 25
$-14.9M
$-3.0M
Q4 24
$-25.4M
$9.7M
Q3 24
$-19.4M
$5.2M
Q2 24
$-83.6M
$4.3M
Q1 24
$-17.6M
$-2.2M
Gross Margin
KORE
KORE
TCMD
TCMD
Q4 25
78.2%
Q3 25
75.8%
Q2 25
74.5%
Q1 25
74.0%
Q4 24
75.2%
Q3 24
75.0%
Q2 24
73.9%
Q1 24
71.1%
Operating Margin
KORE
KORE
TCMD
TCMD
Q4 25
-0.8%
18.1%
Q3 25
-6.1%
12.8%
Q2 25
-7.3%
5.2%
Q1 25
-3.4%
-7.4%
Q4 24
-17.8%
14.6%
Q3 24
-8.2%
9.3%
Q2 24
-113.0%
8.0%
Q1 24
-9.7%
-4.9%
Net Margin
KORE
KORE
TCMD
TCMD
Q4 25
-25.0%
10.3%
Q3 25
-18.5%
9.6%
Q2 25
-23.7%
4.1%
Q1 25
-20.7%
-4.9%
Q4 24
-34.7%
11.4%
Q3 24
-28.2%
7.1%
Q2 24
-123.2%
5.9%
Q1 24
-23.1%
-3.6%
EPS (diluted)
KORE
KORE
TCMD
TCMD
Q4 25
$-0.92
$0.45
Q3 25
$-0.64
$0.36
Q2 25
$-0.86
$0.14
Q1 25
$-0.77
$-0.13
Q4 24
$-1.29
$0.40
Q3 24
$-1.00
$0.21
Q2 24
$-4.37
$0.18
Q1 24
$-0.93
$-0.09

Balance Sheet & Financial Strength

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

Metric
KORE
KORE
TCMD
TCMD
Cash + ST InvestmentsLiquidity on hand
$26.7M
$83.4M
Total DebtLower is stronger
$301.3M
$0
Stockholders' EquityBook value
$-163.8M
$218.9M
Total Assets
$410.5M
$273.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KORE
KORE
TCMD
TCMD
Q4 25
$26.7M
$83.4M
Q3 25
$19.3M
$66.0M
Q2 25
$21.0M
$81.5M
Q1 25
$19.7M
$83.6M
Q4 24
$19.4M
$94.4M
Q3 24
$18.6M
$82.1M
Q2 24
$22.3M
$73.6M
Q1 24
$23.0M
$60.7M
Total Debt
KORE
KORE
TCMD
TCMD
Q4 25
$301.3M
$0
Q3 25
$0
Q2 25
Q1 25
Q4 24
$303.1M
Q3 24
$27.0M
Q2 24
$27.8M
Q1 24
$28.5M
Stockholders' Equity
KORE
KORE
TCMD
TCMD
Q4 25
$-163.8M
$218.9M
Q3 25
$-145.7M
$204.9M
Q2 25
$-133.5M
$194.9M
Q1 25
$-114.9M
$205.6M
Q4 24
$-99.6M
$216.6M
Q3 24
$-77.2M
$207.9M
Q2 24
$-57.2M
$200.7M
Q1 24
$22.3M
$193.5M
Total Assets
KORE
KORE
TCMD
TCMD
Q4 25
$410.5M
$273.9M
Q3 25
$423.4M
$259.2M
Q2 25
$432.9M
$273.0M
Q1 25
$445.1M
$280.2M
Q4 24
$455.8M
$297.9M
Q3 24
$473.9M
$287.7M
Q2 24
$487.7M
$278.8M
Q1 24
$576.6M
$272.0M
Debt / Equity
KORE
KORE
TCMD
TCMD
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.15×

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
TCMD
TCMD
Operating Cash FlowLast quarter
$10.4M
$17.3M
Free Cash FlowOCF − Capex
$9.4M
$16.8M
FCF MarginFCF / Revenue
12.7%
16.2%
Capex IntensityCapex / Revenue
1.5%
0.5%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KORE
KORE
TCMD
TCMD
Q4 25
$10.4M
$17.3M
Q3 25
$1.1M
$10.3M
Q2 25
$4.1M
$14.8M
Q1 25
$2.9M
$417.0K
Q4 24
$2.1M
$16.3M
Q3 24
$1.2M
$10.3M
Q2 24
$4.0M
$13.1M
Q1 24
$1.9M
$924.0K
Free Cash Flow
KORE
KORE
TCMD
TCMD
Q4 25
$9.4M
$16.8M
Q3 25
$879.0K
$9.2M
Q2 25
$2.8M
$14.4M
Q1 25
$2.7M
$38.0K
Q4 24
$2.0M
$15.9M
Q3 24
$973.0K
$9.3M
Q2 24
$3.1M
$12.6M
Q1 24
$1.0M
$442.0K
FCF Margin
KORE
KORE
TCMD
TCMD
Q4 25
12.7%
16.2%
Q3 25
1.3%
10.8%
Q2 25
4.0%
18.2%
Q1 25
3.8%
0.1%
Q4 24
2.7%
18.5%
Q3 24
1.4%
12.7%
Q2 24
4.6%
17.3%
Q1 24
1.4%
0.7%
Capex Intensity
KORE
KORE
TCMD
TCMD
Q4 25
1.5%
0.5%
Q3 25
0.3%
1.3%
Q2 25
1.8%
0.5%
Q1 25
0.2%
0.6%
Q4 24
0.1%
0.5%
Q3 24
0.3%
1.3%
Q2 24
1.3%
0.7%
Q1 24
1.2%
0.8%
Cash Conversion
KORE
KORE
TCMD
TCMD
Q4 25
1.63×
Q3 25
1.26×
Q2 25
4.59×
Q1 25
Q4 24
1.68×
Q3 24
1.99×
Q2 24
3.06×
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%

TCMD
TCMD

Private Insurers$57.6M56%
Medicare$24.6M24%
Durable Medical Equipment Distributors$14.1M14%
Veterans Administration$7.3M7%

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