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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KORE Group Holdings, Inc. reported the quarter ended March 31, 2026 results: revenue $65.8 million, net income $28.5 million.

Period: the quarter ended March 31, 2026
Revenue: $65.8 million
Net income: $28.5 million
Result: reported results

Exact text from the filing

Solutions and Analytics, today reported financial and operational results for the quarter ended March 31, 2026. First Quarter 2026 Financial Highlights • Revenue was $65.8 million, down $6.3 million due to a decline in IoT Solutions partially offset by $2.3 million increase in IoT Connectivity. • Total Connections 1 was 21.9 million, up 11% from the same

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KORE Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001855457-26-000027

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