SPOK · Spok Holdings, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.23M | - | $33.87M | $35.69M | $36.29M | - | $34.87M | $33.98M | $34.91M | - |
| Cost of Revenue | $7.73M | - | $7.36M | $7.33M | $7.21M | - | $7.13M | $7.16M | $7.14M | - |
| Gross Profit | $25.50M | - | $26.51M | $28.36M | $29.08M | - | $27.74M | $26.82M | $27.77M | - |
| R&D | $3.46M | - | $2.99M | $3.02M | $3.06M | - | $2.83M | $3.18M | $2.95M | - |
| SG&A | $7.63M | - | $8.29M | $8.90M | $8.40M | - | $8.53M | $8.07M | $7.98M | - |
| Total Operating Expenses | $30.78M | - | $29.51M | $30.29M | $30.28M | - | $29.91M | $29.51M | $30.02M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $2.44M | - | $4.36M | $5.39M | $6.02M | - | $4.96M | $4.47M | $4.89M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $636.0K | - | $1.38M | $1.83M | $1.06M | - | $1.49M | $1.43M | $907.0K | - |
| Net Income | $1.99M | - | $3.20M | $4.55M | $5.20M | - | $3.66M | $3.42M | $4.24M | - |
| EPS - Basic | $0.10 | - | $0.16 | $0.22 | $0.25 | - | $0.18 | $0.17 | $0.21 | - |
| EPS - Diluted | $0.09 | - | $0.15 | $0.22 | $0.25 | - | $0.18 | $0.17 | $0.21 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $17.08M | $25.28M | $21.38M | $20.24M | $19.87M | $29.14M | $27.83M | $23.88M | $23.34M | $31.99M |
| Accounts Receivable | $19.77M | $22.64M | $25.69M | $25.82M | $20.67M | $21.95M | $21.38M | $22.82M | $21.72M | $23.31M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $4.93M | $3.98M | $3.33M | $3.84M | $3.30M | $5.63M | $3.94M | $5.42M | $5.97M | - |
| Current Assets | $47.22M | $57.88M | $59.54M | $56.48M | $50.41M | $61.30M | $58.38M | $56.15M | $52.93M | $63.89M |
| Total Assets | $193.89M | $206.11M | $209.65M | $208.67M | $204.48M | $217.10M | $216.76M | $216.38M | $215.01M | $227.68M |
| Current Liabilities | $43.45M | $49.11M | $49.12M | $45.44M | $40.77M | $48.77M | $45.63M | $43.36M | $39.89M | $48.01M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $52.93M | $59.73M | $60.96M | $57.73M | $52.74M | $62.36M | $60.47M | $58.16M | $54.85M | $63.91M |
| Stockholders' Equity | $140.96M | $146.38M | $148.70M | $150.94M | $151.74M | $154.75M | $156.29M | $158.21M | $160.17M | $163.77M |
| Retained Earnings | $35.11M | $39.92M | $43.69M | $47.17M | $49.35M | $50.79M | $53.91M | $57.03M | $60.23M | $62.60M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.44M | - | - | - | $2.25M | - | - | - | $2.00M | - |
| Investing Cash Flow | ($604.0K) | - | - | - | ($745.0K) | - | - | - | ($875.0K) | - |
| Financing Cash Flow | ($10.03M) | - | - | - | ($10.79M) | - | - | - | ($9.81M) | - |
| CapEx | $604.0K | - | - | - | $745.0K | - | - | - | $875.0K | - |
| Free Cash Flow | $1.84M | - | - | - | $1.51M | - | - | - | $1.12M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 76.7% | - | 78.3% | 79.5% | 80.1% | - | 79.5% | 78.9% | 79.5% | - |
| Operating margin | 7.4% | - | 12.9% | 15.1% | 16.6% | - | 14.2% | 13.2% | 14.0% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 6.0% | - | 9.5% | 12.8% | 14.3% | - | 10.5% | 10.1% | 12.1% | - |
| Free cash flow margin | 5.5% | - | - | - | 4.2% | - | - | - | 3.2% | - |
| FCF / Net income | 0.93 | - | - | - | 0.29 | - | - | - | 0.27 | - |
| R&D / Revenue | 10.4% | - | 8.8% | 8.5% | 8.4% | - | 8.1% | 9.3% | 8.5% | - |
| SG&A / Revenue | 23.0% | - | 24.5% | 24.9% | 23.1% | - | 24.5% | 23.7% | 22.9% | - |
| Effective tax rate | 24.2% | - | 30.1% | 28.7% | 17.0% | - | 28.9% | 29.4% | 17.6% | - |
| Return on assets | 1.0% | - | 1.5% | 2.2% | 2.5% | - | 1.7% | 1.6% | 2.0% | - |
| Return on equity | 1.4% | - | 2.2% | 3.0% | 3.4% | - | 2.3% | 2.2% | 2.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.09 | 1.18 | 1.21 | 1.24 | 1.24 | 1.26 | 1.28 | 1.30 | 1.33 | 1.33 |
| Quick ratio | 1.09 | 1.18 | 1.21 | 1.24 | 1.24 | 1.26 | 1.28 | 1.30 | 1.33 | 1.33 |
| Cash ratio | 0.39 | 0.51 | 0.44 | 0.45 | 0.49 | 0.60 | 0.61 | 0.55 | 0.59 | 0.67 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.38 | 1.41 | 1.41 | 1.38 | 1.35 | 1.40 | 1.39 | 1.37 | 1.34 | 1.39 |
| Liabilities / Assets | 0.27 | 0.29 | 0.29 | 0.28 | 0.26 | 0.29 | 0.28 | 0.27 | 0.26 | 0.28 |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.16 | 0.17 | 0.18 | - | 0.16 | 0.16 | 0.16 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 217d | - | 277d | 264d | 208d | - | 224d | 245d | 227d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 233d | - | 165d | 191d | 167d | - | 202d | 276d | 305d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 121.1x | - | 115.0x | 80.4x | 65.8x | - | 83.7x | 87.1x | 76.0x | - |
| P / B | 1.6x | - | 2.4x | 2.4x | 2.2x | - | 2.0x | 1.9x | 2.0x | - |
| P / S | 6.9x | - | 10.7x | 10.3x | 9.4x | - | 8.9x | 8.9x | 9.3x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -8.5% | - | -2.9% | 5.0% | 4.0% | - | -1.6% | -6.8% | 5.2% | - |
| Revenue CAGR (3y) | 0.0% | - | 0.1% | 1.9% | 2.4% | - | -0.9% | -1.7% | -1.1% | - |
| Revenue CAGR (5y) | -1.6% | - | -2.1% | -0.0% | -0.5% | - | -2.4% | -3.0% | -3.5% | - |
| Gross profit growth (YoY) | -12.3% | - | -4.4% | 5.7% | 4.7% | - | -3.7% | -9.8% | 4.2% | - |
| Operating income growth (YoY) | -59.4% | - | -12.1% | 20.5% | 23.0% | - | -20.2% | -28.0% | 3.7% | - |
| Net income growth (YoY) | -61.8% | - | -12.5% | 32.9% | 22.7% | - | -17.8% | -27.6% | 35.9% | - |
| EPS growth (YoY) | -64.0% | - | -16.7% | 29.4% | 19.0% | - | -18.2% | -26.1% | 40.0% | - |
| EPS CAGR (3y) | -15.7% | - | 0.0% | 30.1% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 21.9% | - | - | - | 34.3% | - | - | - | -42.8% | - |
| FCF CAGR (5y) | - | - | - | - | 41.3% | - | - | - | - | - |
| Book value growth (YoY) | -7.1% | -5.4% | -4.9% | -4.6% | -5.3% | -5.5% | -5.6% | -5.0% | -4.9% | -4.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$279.42M totalWireless Operations$72.52M · 26.0%
Paging$68.56M · 24.5%
Software Operations$67.19M · 24.0%
License And Maintenance$36.43M · 13.0%
Professional Services Projects$15.50M · 5.5%
License$7.35M · 2.6%
Professional Services Managed Services$6.62M · 2.4%
Product And Service Other$3.96M · 1.4%
Hardware$1.29M · 0.5%
Geographic
$139.71M totalUS$137.00M · 98.1%
Non Us$2.70M · 1.9%
Peer comparison
Same SIC group: Radiotelephone Communications
Comparing Spok Holdings against the 5 most active filers in the same SIC group.
Dividends
$1.25/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 26, 2026 | $0.3130 |
| Mar 16, 2026 | $0.3130 |
| Nov 18, 2025 | $0.3130 |
| Aug 19, 2025 | $0.3130 |
| May 23, 2025 | $0.3130 |
| Mar 14, 2025 | $0.3130 |
| Nov 18, 2024 | $0.3130 |
| Aug 19, 2024 | $0.3130 |
| May 23, 2024 | $0.3130 |
| Mar 14, 2024 | $0.3130 |
| Nov 15, 2023 | $0.3130 |
| Aug 16, 2023 | $0.3130 |
| May 24, 2023 | $0.3130 |
| Mar 15, 2023 | $0.3130 |
| Nov 15, 2022 | $0.3130 |
| Aug 16, 2022 | $0.3130 |
| May 24, 2022 | $0.3130 |
| Mar 15, 2022 | $0.3130 |
| Nov 15, 2021 | $0.1250 |
| Aug 16, 2021 | $0.1250 |
| May 24, 2021 | $0.1250 |
| Mar 15, 2021 | $0.1250 |
| Nov 13, 2020 | $0.1250 |
| Aug 14, 2020 | $0.1250 |