earnings
confidence high
sentiment negative
materiality 0.75
KORE Q1 2026 revenue $65.8M; net loss $28.5M; adjusted EBITDA $15.4M; FCF positive $2.7M
KORE Group Holdings, Inc.
2026-Q1 EPS reported
-$1.43
revenue$65,819,000
- Revenue $65.8M (-9% YoY); IoT Connectivity up $2.3M to $56.2M, IoT Solutions down $8.6M.
- Total connections 21.9M (+11% YoY); average connections 21.3M.
- GAAP net loss $28.5M (vs. $15.0M loss YoY) driven by transaction expenses and warrant liability.
- Adjusted EBITDA $15.4M (+7% YoY); free cash flow $2.7M (vs. $0.6M YoY).
- Pending acquisition by Searchlight/Abry affiliates at ~$726M enterprise value; expected close Q2/Q3 2026.