KORE Group Holdings, Inc. (KORGW) Financial Statements (2026 and earlier)

Company Profile

Business Address 1155 PERIMETER CENTER WEST
ATLANTA, GA 30346
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4899 - Communications Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments26,73019,40827,13734,64585,976
Cash and cash equivalent26,73019,40827,13734,64585,976
Receivables49,48844,75853,91250,16252,258
Inventory, net of allowances, customer advances and progress billings3,1706,6538,21510,05115,470
Inventory3,1706,6538,21510,05115,470
Prepaid expense4,2775,5047,4118,3626,418
Deposits current assets1,5881,5822,061  
Other current assets 1531,1842,635  
Other undisclosed current assets519874616 1,030
Total current assets:85,92579,963101,987103,220161,152
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization    250 
Operating lease, right-of-use asset1,5138,4129,36710,019 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 6,744   12,240
Intangible asset, including goodwill, after accumulated amortization311,849353,901462,561562,210585,436
Goodwill228,844228,844294,974369,706381,962
Intangible asset, excluding goodwill, after accumulated amortization83,005125,057167,587192,504203,474
Restricted cash and investments268293300362367
Deferred income tax assets    55 
Other noncurrent assets4,2464,2121,813971407
Other undisclosed noncurrent assets 9,05210,95611,649 
Total noncurrent assets:324,620375,870484,997585,516598,450
TOTAL ASSETS:410,545455,833586,984688,736759,602
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities50,44846,67647,40433,62837,782
Taxes payable✕✕✕✕✕467
Accounts payable12,35314,82723,98317,83516,004
Accrued liabilities38,09531,84923,42115,79321,311
Deferred revenue9,0918,5099,0447,8176,889
Debt1,8501,8732,4115,345 
Other undisclosed current liabilities10,6149,03215,6402,0183,517
Total current liabilities:72,00366,09074,49948,80848,188
Noncurrent Liabilities
Long-term debt and lease obligation295,237295,661296,130413,910399,115
Long-term debt, excluding current maturities295,237295,661296,109413,910399,115
Finance lease, liability   21  
Liabilities, other than long-term debt159,178169,88437,80945,31339,892
Deferred income tax liabilities8874,13113,79525,24836,722
Financial instruments subject to mandatory redemption, settlement terms, share value, amount143,912142,776   
Other liabilities13,10014,69914,56810,7902,884
Operating lease, liability1,2798,2789,4469,275 
Derivative instruments and hedges, liabilities     286
Other undisclosed noncurrent liabilities47,90723,798141,57333264
Total noncurrent liabilities:502,322489,343475,512459,256439,271
Total liabilities:574,325555,433550,011508,064487,459
Equity
Equity, attributable to parent(163,780)(99,600)36,973180,672272,143
Common stock88887
Treasury stock, value(3,185)(3,185)(2,754)  
Additional paid in capital470,612468,711461,069435,292413,646
Accumulated other comprehensive loss(6,883)(3,778)(6,070)(6,390)(3,331)
Accumulated deficit(624,332)(561,356)(415,280)(248,238)(138,179)
Total equity:(163,780)(99,600)36,973180,672272,143
TOTAL LIABILITIES AND EQUITY:410,545455,833586,984688,736759,602

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues285,945286,087276,610268,447248,217
Cost of revenue
(Cost of Product and Service Sold)		(128,012)(126,161)(128,563)(129,154)(122,224)
Gross profit:157,933159,926148,047139,293125,993
Operating expenses(170,422)(262,719)(266,808)(224,793)(142,147)
Operating loss:(12,489)(102,793)(118,761)(85,500)(16,154)
Nonoperating income (expense)4,182  (14) 
Loss, foreign currency transaction, before tax    (14) 
Other nonoperating income804    
Interest and debt expense (1)(6)(3,323)(31,371)(23,260)
Other undisclosed loss from continuing operations before equity method investments, income taxes     
Loss from continuing operations before equity method investments, income taxes:(8,308)(102,799)(122,084)(116,885)(39,414)
Other undisclosed income from continuing operations before income taxes    2685,267
Loss from continuing operations before income taxes:(8,308)(102,799)(122,084)(116,617)(34,147)
Income tax benefit1,5795,9374,15810,4179,694
Loss from continuing operations:(6,729)(96,862)(117,926)(106,200)(24,453)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(24,453)
Net loss:(6,729)(96,862)(117,926)(106,200)(24,453)
Other undisclosed net loss attributable to parent(56,247)(49,214)(49,116)  
Net loss attributable to parent:(62,976)(146,076)(167,042)(106,200)(24,453)
Preferred stock dividends and other adjustments     (22,822)
Other undisclosed net income available to common stockholders, basic     4,074
Net loss available to common stockholders, diluted:(62,976)(146,076)(167,042)(106,200)(43,201)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net loss:(6,729)(96,862)(117,926)(106,200)(24,453)
Comprehensive loss:(6,729)(96,862)(117,926)(106,200)(24,453)
Other undisclosed comprehensive loss, net of tax, attributable to parent(59,352)(46,922)(48,796)(2,927)(1,654)
Comprehensive loss, net of tax, attributable to parent:(66,081)(143,784)(166,722)(109,127)(26,107)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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