This page shows Spok Hldgs Inc (SPOK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Spok Hldgs Inc has an operating margin of 14.1%, meaning the company retains $14 of operating profit per $100 of revenue. This results in a moderate score of 54/100, indicating healthy but not exceptional operating efficiency. This is up from 13.8% the prior year.
Spok Hldgs Inc's revenue grew a modest 1.5% year-over-year to $139.7M. This slow but positive growth earns a score of 36/100.
Spok Hldgs Inc carries a low D/E ratio of 0.41, meaning only $0.41 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.
Spok Hldgs Inc's current ratio of 1.18 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 19/100, which could limit financial flexibility.
Spok Hldgs Inc converts 18.0% of revenue into free cash flow ($25.2M). This strong cash generation earns a score of 70/100.
Spok Hldgs Inc's ROE of 10.8% shows moderate profitability relative to equity, earning a score of 35/100. This is up from 9.7% the prior year.
Spok Hldgs Inc scores 3.63, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($230.7M) relative to total liabilities ($59.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Spok Hldgs Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Spok Hldgs Inc generates $1.82 in operating cash flow ($28.9M OCF vs $15.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Spok Hldgs Inc generated $139.7M in revenue in fiscal year 2025. This represents an increase of 1.5% from the prior year.
Spok Hldgs Inc's EBITDA was $23.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.1% from the prior year.
Spok Hldgs Inc reported $15.9M in net income in fiscal year 2025. This represents an increase of 6.1% from the prior year.
Spok Hldgs Inc earned $0.75 per diluted share (EPS) in fiscal year 2025. This represents an increase of 2.7% from the prior year.
Cash & Balance Sheet
Spok Hldgs Inc generated $25.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.0% from the prior year.
Spok Hldgs Inc held $25.3M in cash against $0 in long-term debt as of fiscal year 2025.
Spok Hldgs Inc paid $1.25 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Spok Hldgs Inc had 21M shares outstanding in fiscal year 2025. This represents an increase of 1.6% from the prior year.
Margins & Returns
Spok Hldgs Inc's gross margin was 78.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Spok Hldgs Inc's operating margin was 14.1% in fiscal year 2025, reflecting core business profitability. This is up 0.3 percentage points from the prior year.
Spok Hldgs Inc's net profit margin was 11.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.5 percentage points from the prior year.
Spok Hldgs Inc's ROE was 10.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.
Capital Allocation
Spok Hldgs Inc invested $12.2M in research and development in fiscal year 2025. This represents an increase of 4.5% from the prior year.
Spok Hldgs Inc invested $3.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 17.0% from the prior year.
SPOK Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.9M0.0% | $33.9M-5.1% | $35.7M-1.7% | $36.3M+7.1% | $33.9M-2.8% | $34.9M+2.6% | $34.0M-2.7% | $34.9M |
| Cost of Revenue | $7.9M+7.1% | $7.4M+0.4% | $7.3M+1.7% | $7.2M-0.8% | $7.3M+1.9% | $7.1M-0.4% | $7.2M+0.3% | $7.1M |
| Gross Profit | $26.0M-2.0% | $26.5M-6.5% | $28.4M-2.5% | $29.1M+9.2% | $26.6M-4.0% | $27.7M+3.4% | $26.8M-3.4% | $27.8M |
| R&D Expenses | $3.1M+5.0% | $3.0M-1.0% | $3.0M-1.0% | $3.1M+11.7% | $2.7M-3.4% | $2.8M-10.9% | $3.2M+7.6% | $3.0M |
| SG&A Expenses | $6.2M-25.1% | $8.3M-6.9% | $8.9M+6.0% | $8.4M+27.3% | $6.6M-22.7% | $8.5M+5.8% | $8.1M+1.0% | $8.0M |
| Operating Income | $3.9M-9.6% | $4.4M-19.2% | $5.4M-10.4% | $6.0M+29.7% | $4.6M-6.5% | $5.0M+10.9% | $4.5M-8.5% | $4.9M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $254K |
| Income Tax | $1.3M-6.2% | $1.4M-24.8% | $1.8M+72.2% | $1.1M-14.5% | $1.2M-16.5% | $1.5M+4.5% | $1.4M+57.2% | $907K |
| Net Income | $2.9M-8.5% | $3.2M-29.6% | $4.6M-12.4% | $5.2M+42.6% | $3.6M-0.4% | $3.7M+6.9% | $3.4M-19.1% | $4.2M |
| EPS (Diluted) | N/A | $0.15-31.8% | $0.22-12.0% | $0.25 | N/A | $0.18+5.9% | $0.17-19.0% | $0.21 |
SPOK Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $206.1M-1.7% | $209.7M+0.5% | $208.7M+2.1% | $204.5M-5.8% | $217.1M+0.2% | $216.8M+0.2% | $216.4M+0.6% | $215.0M |
| Current Assets | $57.9M-2.8% | $59.5M+5.4% | $56.5M+12.0% | $50.4M-17.8% | $61.3M+5.0% | $58.4M+4.0% | $56.1M+6.1% | $52.9M |
| Cash & Equivalents | $25.3M+18.2% | $21.4M+5.6% | $20.2M+1.9% | $19.9M-31.8% | $29.1M+4.7% | $27.8M+16.6% | $23.9M+2.3% | $23.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $22.6M-11.9% | $25.7M-0.5% | $25.8M+24.9% | $20.7M-5.8% | $21.9M+2.7% | $21.4M-6.3% | $22.8M+5.1% | $21.7M |
| Goodwill | $99.2M0.0% | $99.2M0.0% | $99.2M0.0% | $99.2M0.0% | $99.2M0.0% | $99.2M0.0% | $99.2M0.0% | $99.2M |
| Total Liabilities | $59.7M-2.0% | $61.0M+5.6% | $57.7M+9.5% | $52.7M-15.4% | $62.4M+3.1% | $60.5M+4.0% | $58.2M+6.1% | $54.8M |
| Current Liabilities | $49.1M0.0% | $49.1M+8.1% | $45.4M+11.5% | $40.8M-16.4% | $48.8M+6.9% | $45.6M+5.2% | $43.4M+8.7% | $39.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $146.4M-1.6% | $148.7M-1.5% | $150.9M-0.5% | $151.7M-1.9% | $154.7M-1.0% | $156.3M-1.2% | $158.2M-1.2% | $160.2M |
| Retained Earnings | $39.9M-8.6% | $43.7M-7.4% | $47.2M-4.4% | $49.3M-2.8% | $50.8M-5.8% | $53.9M-5.5% | $57.0M-5.3% | $60.2M |
SPOK Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $11.5M+41.7% | $8.1M+15.6% | $7.0M+212.3% | $2.3M-73.2% | $8.4M-24.2% | $11.1M+49.5% | $7.4M+271.5% | $2.0M |
| Capital Expenditures | $1.4M+152.2% | $557K-46.7% | $1.0M+40.4% | $745K-13.5% | $861K+3.5% | $832K+29.8% | $641K-26.7% | $875K |
| Free Cash Flow | $10.1M+33.5% | $7.6M+26.5% | $6.0M+297.3% | $1.5M-80.0% | $7.5M-26.5% | $10.3M+51.3% | $6.8M+503.8% | $1.1M |
| Investing Cash Flow | -$1.4M-152.2% | -$557K-61.4% | -$345K+53.7% | -$745K+13.5% | -$861K-3.5% | -$832K-29.8% | -$641K+26.7% | -$875K |
| Financing Cash Flow | -$6.2M+3.2% | -$6.4M-1.6% | -$6.3M+41.3% | -$10.8M-74.2% | -$6.2M+2.2% | -$6.3M-2.1% | -$6.2M+36.8% | -$9.8M |
| Dividends Paid | $6.4M-0.6% | $6.4M-0.6% | $6.5M-18.5% | $7.9M+25.4% | $6.3M+0.1% | $6.3M0.0% | $6.3M-14.3% | $7.4M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SPOK Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 76.7%-1.5pp | 78.3%-1.2pp | 79.5%-0.7pp | 80.1%+1.6pp | 78.5%-1.0pp | 79.5%+0.6pp | 78.9%-0.6pp | 79.5% |
| Operating Margin | 11.6%-1.2pp | 12.9%-2.2pp | 15.1%-1.5pp | 16.6%+2.9pp | 13.7%-0.5pp | 14.2%+1.1pp | 13.2%-0.8pp | 14.0% |
| Net Margin | 8.6%-0.8pp | 9.5%-3.3pp | 12.8%-1.6pp | 14.3%+3.6pp | 10.8%+0.3pp | 10.5%+0.4pp | 10.1%-2.1pp | 12.1% |
| Return on Equity | 2.0%-0.1pp | 2.1%-0.9pp | 3.0%-0.4pp | 3.4%+1.1pp | 2.4%0.0pp | 2.3%+0.2pp | 2.2%-0.5pp | 2.6% |
| Return on Assets | 1.4%-0.1pp | 1.5%-0.7pp | 2.2%-0.4pp | 2.5%+0.9pp | 1.7%0.0pp | 1.7%+0.1pp | 1.6%-0.4pp | 2.0% |
| Current Ratio | 1.18-0.0 | 1.21-0.0 | 1.240.0 | 1.24-0.0 | 1.26-0.0 | 1.28-0.0 | 1.29-0.0 | 1.33 |
| Debt-to-Equity | 0.410.0 | 0.41+0.0 | 0.38+0.0 | 0.35-0.1 | 0.40+0.0 | 0.39+0.0 | 0.37+0.0 | 0.34 |
| FCF Margin | 29.9%+7.5pp | 22.4%+5.6pp | 16.8%+12.6pp | 4.2%-18.1pp | 22.3%-7.2pp | 29.4%+9.5pp | 20.0%+16.7pp | 3.2% |
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Frequently Asked Questions
What is Spok Hldgs Inc's annual revenue?
Spok Hldgs Inc (SPOK) reported $139.7M in total revenue for fiscal year 2025. This represents a 1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Spok Hldgs Inc's revenue growing?
Spok Hldgs Inc (SPOK) revenue grew by 1.5% year-over-year, from $137.7M to $139.7M in fiscal year 2025.
Is Spok Hldgs Inc profitable?
Yes, Spok Hldgs Inc (SPOK) reported a net income of $15.9M in fiscal year 2025, with a net profit margin of 11.4%.
What is Spok Hldgs Inc's EBITDA?
Spok Hldgs Inc (SPOK) had EBITDA of $23.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Spok Hldgs Inc's gross margin?
Spok Hldgs Inc (SPOK) had a gross margin of 78.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Spok Hldgs Inc's operating margin?
Spok Hldgs Inc (SPOK) had an operating margin of 14.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Spok Hldgs Inc's net profit margin?
Spok Hldgs Inc (SPOK) had a net profit margin of 11.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Spok Hldgs Inc pay dividends?
Yes, Spok Hldgs Inc (SPOK) paid $1.25 per share in dividends during fiscal year 2025.
What is Spok Hldgs Inc's return on equity (ROE)?
Spok Hldgs Inc (SPOK) has a return on equity of 10.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Spok Hldgs Inc's free cash flow?
Spok Hldgs Inc (SPOK) generated $25.2M in free cash flow during fiscal year 2025. This represents a -2.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Spok Hldgs Inc's operating cash flow?
Spok Hldgs Inc (SPOK) generated $28.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Spok Hldgs Inc's total assets?
Spok Hldgs Inc (SPOK) had $206.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Spok Hldgs Inc's capital expenditures?
Spok Hldgs Inc (SPOK) invested $3.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Spok Hldgs Inc spend on research and development?
Spok Hldgs Inc (SPOK) invested $12.2M in research and development during fiscal year 2025.
What is Spok Hldgs Inc's current ratio?
Spok Hldgs Inc (SPOK) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.
What is Spok Hldgs Inc's debt-to-equity ratio?
Spok Hldgs Inc (SPOK) had a debt-to-equity ratio of 0.41 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Spok Hldgs Inc's return on assets (ROA)?
Spok Hldgs Inc (SPOK) had a return on assets of 7.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Spok Hldgs Inc's Altman Z-Score?
Spok Hldgs Inc (SPOK) has an Altman Z-Score of 3.63, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Spok Hldgs Inc's Piotroski F-Score?
Spok Hldgs Inc (SPOK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Spok Hldgs Inc's earnings high quality?
Spok Hldgs Inc (SPOK) has an earnings quality ratio of 1.82x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Spok Hldgs Inc?
Spok Hldgs Inc (SPOK) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.