KORE Group
Provider of global IoT connectivity, devices, lifecycle services, and analytics for enterprises.
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Profile
KORE helps enterprises connect and manage IoT devices through connectivity, device, managed services, and analytics offerings. Most revenue comes from IoT Connectivity, with IoT Solutions adding devices, logistics, configuration, and lifecycle support.
KORE Group Holdings provides enterprise IoT connectivity and related services for connected health, fleet management, asset monitoring, retail communications, and industrial IoT uses. Its main line is IoT Connectivity, delivered through KORE One and carrier partnerships, with pricing commonly tied to active devices and usage over annual or multi-year contracts. IoT Solutions adds third-party devices, deployment logistics, configuration, device management, and other lifecycle services, giving customers a single vendor for both connectivity and operational support.
The company is headquartered in Atlanta and operates primarily in North America while supporting deployments across international carrier and partner networks. Its execution depends on mobile network partners, reliable service availability, privacy and data-security compliance, and rules that apply to cross-border connectivity. A proposed take-private merger with Searchlight and Abry remains subject to stockholder and regulatory approvals.
Company facts
Categories
Key statistics
Year to date +108% · Average volume (30d) 80.5K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 11, 2026Q1 FY26 | −$0.48 | −$1.43 | −197.9% | $72.2M | $65.8M | −8.9% | −0.11% |
| Mar 30, 2026Q4 FY25 | −$0.53 | −$0.93 | −75.5% | $70.5M | $73.9M | +4.8% | +0.22% |
| Nov 12, 2025Q3 FY25 | −$0.49 | $1.00 | +304.1% | $72.0M | $68.7M | −4.5% | −2.96% |
| Aug 14, 2025Q2 FY25 | −$0.47 | −$0.50 | −6.4% | $73.5M | $71.3M | −3.0% | −6.17% |
Financial highlights
| 12 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $73.3M | $72.1M | $71.3M | $68.7M | $73.9M | $65.8M | |
| Gross profit | $41.3M | $39.1M | $39.3M | $37.9M | $41.5M | $26.0M | |
| Operating income | −$13.1M | −$2.5M | −$5.2M | −$4.2M | −$601.0K | $574.0K | |
| Net income | −$25.4M | −$14.9M | −$16.9M | −$12.7M | −$18.5M | −$28.5M | |
| Diluted EPS | −$1.32 | −$0.77 | −$0.86 | −$0.64 | −$0.94 | −$1.43 | |
| Gross margin | 56.4% | 54.2% | 55.2% | 55.2% | 56.2% | 39.4% | |
| Operating margin | -17.8% | -3.4% | -7.3% | -6.1% | -0.8% | 0.9% |
Fiscal years (4-quarter sums)FY21 $248.2M · FY22 $268.5M · FY23 $276.6M · FY24 $286.1M · FY25 $285.9M
Revenue by product · Q4 FY25
Revenue by geography · Q4 FY25
Balance sheet, Mar 31, 2026Cash & short-term investments $28.9M · Total debt $442.9M · Total assets $396.1M · Shareholders' equity −$191.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 17.62M · Float 4.82M · 27.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Searchlight Capital Partners IV GP, LLC | 2.40M | 13.70% | 13D | Mar 2, 2026 |
| Ci Private Wealth, LLC | 2.11M | 11.95% | 13F | May 15, 2026 |
| Cerberus Telecom Acquisition Holdings, LLC | 1.59M | 9.36% | 13D | Mar 18, 2025 |
| Liberty Mutual Group Asset Management Inc. | 319.6K | 1.81% | 13F | May 15, 2026 |
| Vanguard Capital Management LLC | 312.6K | 1.77% | 13F | May 15, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
Not reported.