KORE Wireless, a privately owned company headquartered in the US, was founded in 2003 and operates with approximately 590 employees. Functioning as a telecommunications provider, the company specializes in Internet of Things (IoT) systems.
On April 2, 2026, KORE Group Holdings reported a basic EPS loss of US$0.64 on Q3 FY 2025 revenue of US$68.7 million, alongside a trailing twelve-month (TTM) EPS loss of US$3.57. This follows the company's April 1, 2026, report of a slight dip in full-year 2025 revenue to US$285.9 million from US$286.1 million in 2024, with IoT connectivity revenue declining 1.3% to US$224.0 million and IoT Solutions revenue expanding 4.5% to US$62.0 million. Earlier on March 30, 2026, KORE Group Holdings filed its Form 10-K for the fiscal year ended December 31, 2025, and announced its Q4 and full-year 2025 earnings. For the fourth quarter, the company's net loss decreased by 27% to $18.5 million, and adjusted EBITDA increased by 26% to $17.7 million. Full-year 2025 results included revenue of $285.9 million, roughly flat year-over-year, a sharply narrowed net loss to $63.0 million from $146.1 million in 2024, and a 19% increase in Adjusted EBITDA to $63.3 million. The stock traded near $9.00 following a pending $726 million going-private deal.
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