KORE Group
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KORE Group (KORE) investor relations material

KORE Group Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary31 Mar, 2026

Executive summary

  • Achieved strong profitability and free cash flow growth in 2025, with disciplined execution and expansion in Total Connections, reflecting durable demand for IoT services.

Financial highlights

  • Q4 2025 revenue was $73.9 million, flat year-over-year; full-year revenue was $285.9 million, nearly unchanged from 2024.

  • Q4 net loss improved to $18.5 million, down 27% year-over-year; full-year net loss was $63.0 million, a 57% improvement.

  • Adjusted EBITDA for Q4 rose 26% to $17.7 million; full-year Adjusted EBITDA increased 19% to $63.3 million.

  • Q4 free cash flow was $7.8 million, up $6.3 million year-over-year; full-year free cash flow was $8.9 million, up $12.4 million.

Segment performance

  • IoT Connectivity contributed 78% of Q4 and full-year revenue; IoT Solutions accounted for 22%.

  • Total Connections at year-end reached 20.9 million, up 6% from 19.7 million a year ago.

  • Average Connections Count for the year was 20.3 million, up from 18.7 million in 2024.

Disinterested Stockholder merger approval terms
Capex reduction role in Free Cash Flow growth
Connectivity revenue vs connection volume growth
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