Kore Group Holdings Inc (KORE) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Kore Group Holdings Inc   (NYSE: KORE)
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Description of Kore Group Holdings Inc's Business Segments


Kore Group Holdings Inc. operates across multiple segments, offering a diverse array of products and services tailored to various industries. Below is an extensive overview of the core segments and their respective offerings:

1. Renewable Energy
Kore’s commitment to renewable energy encompasses a suite of solutions that foster the transition to clean energy sources. The key product categories under this segment include:

- Solar Energy Solutions:
- Solar Panel Installations: Kore specializes in designing and installing solar panel systems for diverse applications, including residential homes, commercial buildings, and large utility-scale projects.
- Energy Management Solutions: These services are designed to help clients maximize their solar energy output through advanced monitoring and optimization tools.
- Maintenance and Support Services: Ensuring the longevity and efficiency of solar installations through regular maintenance services.

- Wind Energy Solutions:
- Wind Turbine Installations: Kore manages the installation of wind turbines for a range of project sizes, from small-scale turbines for individual use to large wind farms that supply significant power to the grid.
- Wind Assessment Services: Offering comprehensive wind resource assessments and feasibility studies to identify suitable locations for wind energy projects.
- Consulting Services for Wind Energy: Providing expert advice on regulatory issues, project planning, and optimizing wind farm performance.

- Energy Storage Solutions:
- Battery Storage Systems: Kore delivers advanced battery storage technologies that allow customers to store energy produced from renewable sources for use at later times, enhancing energy reliability.
- Microgrid Solutions: Development of microgrids that integrate renewable energy sources, storage solutions, and robust management software.
- Software Solutions for Energy Management: Sophisticated platform tools for monitoring energy production and usage, providing insights to optimize consumption patterns.

Real Estate
Kore’s real estate segment encompasses a comprehensive array of services, focusing on the buying, selling, leasing, and managing of real estate properties. Their offerings include:

- Property Sales and Leasing:
- Residential and Commercial Sales: Facilitating the sale and purchase of various types of properties, catering to both residential and commercial sectors domestically and internationally.
- Leasing Services: Managing leasing transactions for tenants and property owners, helping them navigate contract negotiations and lease agreements.

- Real Estate Development:
- Comprehensive Development Services: Involvement in every phase of real estate development, including land acquisition, project planning, architectural design, and construction management.
- Sustainable Development Practices: Emphasizing environmentally sustainable building practices that meet modern regulatory requirements and market demands.

- Property Management:
- Maintenance and Operational Services: Providing ongoing property management services that include property maintenance, security, and utility management.
- Tenant Management Services: Handling tenant interactions, rent collection, and lease compliance to ensure a smooth rental process for both landlords and tenants.

- Capital Markets Advisory:
- Investment Banking Services: Engaging in real estate-focused financial services such as equity placement and capital raising for development projects.
- Asset Management: Offering services that enhance value and performance of real estate investments while providing strategic recommendations based on market trends.

Technology
Kore is at the forefront of technological innovation, providing software solutions that empower businesses across numerous sectors. Their technology offerings include:

- Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM):
- Integrated Solutions: Delivering comprehensive ERP and CRM platforms that streamline business processes, enhance data analytics, and improve customer engagement.
- Customization and Scalability: Tailoring solutions to meet the specific needs of businesses of all sizes.

- Cloud Computing:
- Hosting and Support Services: Kore provides reliable cloud solutions, including hosting services, data backup, and disaster recovery options.
- Migration Services: Helping clients transition to cloud-based systems smoothly and efficiently.

- Cybersecurity:
- Comprehensive Security Assessments: Offering vulnerability assessments and penetration testing designed to identify and mitigate risks in IT environments.
- Ongoing Risk Management Support: Developing tailored cybersecurity frameworks that align with regulatory requirements and industry standards.

- Custom Software Development:
- Mobile and Web Application Development: Building bespoke applications that cater to unique client requirements, enhancing operational efficiency and user experience.
- System Integration Services: Integrating various business systems and solutions to foster seamless operations.

Conclusion
Kore Group Holdings Inc. showcases a dynamic portfolio that spans renewable energy, real estate, and technology sectors. This diversity not only positions them strategically in multiple markets but also underscores their commitment to innovation and customer satisfaction. Each segment is tailored to adapt to evolving industry demands and provide comprehensive solutions that empower clients to thrive in a competitive landscape.


Composition of Kore Group Holdings Inc Revenues by Segments

 
Services    84.86 % of total Revenue
IoT Connectivity    82.73 % of total Revenue
IoT Solutions    2.13 % of total Revenue
Hardware    15.14 % of total Revenue
United States    84.19 % of total Revenue
Other countries    15.81 % of total Revenue
Products    15.14 % of total Revenue
Reportable Segment    100 % of total Revenue
Reportable Services    84.86 % of total Revenue
Reportable Products    15.14 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Services 55.86 84.86 %
IoT Connectivity 54.45 82.73 %
IoT Solutions 1.40 2.13 %
Hardware 9.96 15.14 %
United States 55.42 84.19 %
Other countries 10.40 15.81 %
Products 9.96 15.14 %
Reportable Segment 65.82 100 %
Reportable Services 55.86 84.86 %
Reportable Products 9.96 15.14 %
Total 65.82 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Services 0.77 % -
IoT Connectivity 3.14 % -
IoT Solutions -46.74 % -
Hardware -40.39 % -
United States -11.06 % -
Other countries 5.81 % -
Products -40.39 % -
Reportable Segment -8.76 % -
Reportable Services 0.77 % -
Reportable Products -40.39 % -
Total -8.76 % -76.98 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Reportable Segment -28.46 -
Total -0.07 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Reportable Segment - -
Total - -




Annual Report on Kore Group Holdings Inc Divisions, Sales by Country

 
Services   Services Segment contribution to total sales 79.48 % of total Revenue
IoT Connectivity   IoT Connectivity Segment contribution to total sales 75.79 % of total Revenue
IoT Solutions   IoT Solutions Segment contribution to total sales 3.69 % of total Revenue
Hardware   Hardware Segment contribution to total sales 20.52 % of total Revenue
United States   United States Segment contribution to total sales 84.35 % of total Revenue
Other countries   Other countries Segment contribution to total sales 15.65 % of total Revenue
Products   Products Segment contribution to total sales 20.52 % of total Revenue
Reportable Segment   Reportable Segment Segment contribution to total sales 100 % of total Revenue
Reportable Services   Reportable Services Segment contribution to total sales 79.48 % of total Revenue
Reportable Products   Reportable Products Segment contribution to total sales 20.52 % of total Revenue
Bill and Hold Arrangements   Bill and Hold Arrangements Segment contribution to total sales 1.33 % of total Revenue


Twelve months ended 2025
KORE s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Services 227.28 79.48 %
IoT Connectivity 216.73 75.79 %
IoT Solutions 10.55 3.69 %
Hardware 58.67 20.52 %
United States 241.18 84.35 %
Other countries 44.76 15.65 %
Products 58.67 20.52 %
Reportable Segment 285.95 100 %
Reportable Services 227.28 79.48 %
Reportable Products 58.67 20.52 %
Total 285.95 100 %
Bill and Hold Arrangements 3.80 1.33 %


Twelve months ended 2025
KORE s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Reportable Segment -62.98 -
Total 1.58 0.55 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Services -2.98 % -
IoT Connectivity -2.98 % -
IoT Solutions -2.79 % -
Hardware 13.17 % -
United States -0.22 % -
Other countries 0.89 % -
Products 13.17 % -
Reportable Segment -0.05 % -
Reportable Services -2.98 % -
Reportable Products 13.17 % -
Total -0.05 % -73.4 %
Bill-and-hold arrangements - -
Bill and Hold Arrangements -17.39 % -



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