Spok Hldgs Inc Financials
This page shows Spok Hldgs Inc (SPOK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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 FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Spok Hldgs Inc has an operating margin of 13.8%, meaning the company retains $14 of operating profit per $100 of revenue. This strong profitability earns a score of 69/100, reflecting efficient cost management and pricing power. This is down from 15.3% the prior year.
Spok Hldgs Inc's revenue declined 1% year-over-year, from $139.0M to $137.7M. This contraction results in a growth score of 26/100.
Spok Hldgs Inc carries a low D/E ratio of 0.40, meaning only $0.40 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Spok Hldgs Inc's current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 30/100. The company can meet its near-term obligations, though with limited headroom.
Spok Hldgs Inc converts 18.7% of revenue into free cash flow ($25.7M). This strong cash generation earns a score of 93/100.
Spok Hldgs Inc's ROE of 9.7% shows moderate profitability relative to equity, earning a score of 39/100. This is up from 9.6% the prior year.
Spok Hldgs Inc scores 4.04, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($282.6M) relative to total liabilities ($62.4M). 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 $1.93 in operating cash flow ($28.9M OCF vs $15.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Spok Hldgs Inc generated $137.7M in revenue in fiscal year 2024. This represents a decrease of 1.0% from the prior year.
Spok Hldgs Inc's EBITDA was $23.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.2% from the prior year.
Spok Hldgs Inc generated $25.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 12.9% from the prior year.
Spok Hldgs Inc reported $15.0M in net income in fiscal year 2024. This represents a decrease of 4.5% from the prior year.
Spok Hldgs Inc earned $0.73 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 5.2% from the prior year.
Spok Hldgs Inc held $29.1M in cash against $0 in long-term debt as of fiscal year 2024.
Spok Hldgs Inc paid $1.25 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Spok Hldgs Inc had 20M shares outstanding in fiscal year 2024. This represents an increase of 1.5% from the prior year.
Spok Hldgs Inc's gross margin was 79.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.4 percentage points from the prior year.
Spok Hldgs Inc's operating margin was 13.8% in fiscal year 2024, reflecting core business profitability. This is down 1.5 percentage points from the prior year.
Spok Hldgs Inc's net profit margin was 10.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Spok Hldgs Inc's ROE was 9.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the prior year.
Spok Hldgs Inc invested $11.5M in research and development in fiscal year 2024. This represents an increase of 9.5% from the prior year.
Spok Hldgs Inc invested $3.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 6.1% from the prior year.
SPOK Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.9M-5.1% | $35.7M-1.7% | $36.3M+7.1% | $33.9M-0.3% | $34.0M-2.7% | $34.9M+2.8% | $34.0M-4.2% | $35.4M |
| Cost of Revenue | $7.4M+0.4% | $7.3M+1.7% | $7.2M+3.1% | $7.0M-2.3% | $7.2M+0.3% | $7.1M+3.0% | $6.9M+4.7% | $6.6M |
| Gross Profit | $26.5M-6.5% | $28.4M-2.5% | $29.1M+8.1% | $26.9M+0.3% | $26.8M-3.4% | $27.8M+2.8% | $27.0M-6.2% | $28.8M |
| R&D Expenses | $3.0M-1.0% | $3.0M-1.0% | $3.1M+18.0% | $2.6M-18.5% | $3.2M+7.6% | $3.0M+11.7% | $2.6M+3.2% | $2.6M |
| SG&A Expenses | $8.3M-6.9% | $8.9M+6.0% | $8.4M-3.6% | $8.7M+8.0% | $8.1M+1.0% | $8.0M-8.9% | $8.8M+6.7% | $8.2M |
| Operating Income | $4.4M-19.2% | $5.4M-10.4% | $6.0M+29.7% | $4.6M+3.7% | $4.5M-8.5% | $4.9M+19.8% | $4.1M-34.3% | $6.2M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | $254K+9.0% | $233K-2.9% | $240K |
| Income Tax | $1.4M-24.8% | $1.8M+72.2% | $1.1M-14.5% | $1.2M-12.8% | $1.4M+57.2% | $907K-8.7% | $993K-51.4% | $2.0M |
| Net Income | $3.2M-29.6% | $4.6M-12.4% | $5.2M+42.6% | $3.6M+6.4% | $3.4M-19.1% | $4.2M+25.9% | $3.4M-24.4% | $4.5M |
| EPS (Diluted) | $0.15-31.8% | $0.22-12.0% | $0.25+47.1% | $0.170.0% | $0.17-19.0% | $0.21+23.5% | $0.17-22.7% | $0.22 |
SPOK Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $209.7M+0.5% | $208.7M+2.1% | $204.5M-5.8% | $217.1M+0.3% | $216.4M+0.6% | $215.0M-5.6% | $227.7M+0.3% | $226.9M |
| Current Assets | $59.5M+5.4% | $56.5M+12.0% | $50.4M-17.8% | $61.3M+9.2% | $56.1M+6.1% | $52.9M-17.2% | $63.9M+4.5% | $61.2M |
| Cash & Equivalents | $21.4M+5.6% | $20.2M+1.9% | $19.9M-31.8% | $29.1M+22.1% | $23.9M+2.3% | $23.3M-27.0% | $32.0M+17.2% | $27.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $25.7M-0.5% | $25.8M+24.9% | $20.7M-5.8% | $21.9M-3.8% | $22.8M+5.1% | $21.7M-6.8% | $23.3M-7.3% | $25.1M |
| 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 | $61.0M+5.6% | $57.7M+9.5% | $52.7M-15.4% | $62.4M+7.2% | $58.2M+6.1% | $54.8M-14.2% | $63.9M+4.1% | $61.4M |
| Current Liabilities | $49.1M+8.1% | $45.4M+11.5% | $40.8M-16.4% | $48.8M+12.5% | $43.4M+8.7% | $39.9M-16.9% | $48.0M+6.3% | $45.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $148.7M-1.5% | $150.9M-0.5% | $151.7M-1.9% | $154.7M-2.2% | $158.2M-1.2% | $160.2M-2.2% | $163.8M-1.0% | $165.5M |
| Retained Earnings | $43.7M-7.4% | $47.2M-4.4% | $49.3M-2.8% | $50.8M-10.9% | $57.0M-5.3% | $60.2M-3.8% | $62.6M-4.8% | $65.8M |
SPOK Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.1M+15.6% | $7.0M+212.3% | $2.3M-73.2% | $8.4M+13.3% | $7.4M+271.5% | $2.0M-83.1% | $11.8M+268.6% | $3.2M |
| Capital Expenditures | $557K-46.7% | $1.0M+40.4% | $745K-13.5% | $861K+34.3% | $641K-26.7% | $875K-12.3% | $998K+65.2% | $604K |
| Free Cash Flow | $7.6M+26.5% | $6.0M+297.3% | $1.5M-80.0% | $7.5M+11.3% | $6.8M+503.8% | $1.1M-89.6% | $10.8M+316.0% | $2.6M |
| Investing Cash Flow | -$557K-61.4% | -$345K+53.7% | -$745K+13.5% | -$861K-34.3% | -$641K+26.7% | -$875K+12.3% | -$998K-65.2% | -$604K |
| Financing Cash Flow | -$6.4M-1.6% | -$6.3M+41.3% | -$10.8M-74.2% | -$6.2M+0.1% | -$6.2M+36.8% | -$9.8M-60.4% | -$6.1M+2.0% | -$6.2M |
| Dividends Paid | $6.4M-0.6% | $6.5M-18.5% | $7.9M+25.4% | $6.3M+0.1% | $6.3M-14.3% | $7.4M+18.4% | $6.2M0.0% | $6.2M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SPOK Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.3%-1.2pp | 79.5%-0.7pp | 80.1%+0.8pp | 79.4%+0.4pp | 78.9%-0.6pp | 79.5%-0.0pp | 79.6%-1.7pp | 81.3% |
| Operating Margin | 12.9%-2.2pp | 15.1%-1.5pp | 16.6%+2.9pp | 13.7%+0.5pp | 13.2%-0.8pp | 14.0%+2.0pp | 12.0%-5.5pp | 17.5% |
| Net Margin | 9.5%-3.3pp | 12.8%-1.6pp | 14.3%+3.6pp | 10.8%+0.7pp | 10.1%-2.1pp | 12.1%+2.2pp | 9.9%-2.6pp | 12.6% |
| Return on Equity | 2.1%-0.9pp | 3.0%-0.4pp | 3.4%+1.1pp | 2.4%+0.2pp | 2.2%-0.5pp | 2.6%+0.6pp | 2.1%-0.6pp | 2.7% |
| Return on Assets | 1.5%-0.7pp | 2.2%-0.4pp | 2.5%+0.9pp | 1.7%+0.1pp | 1.6%-0.4pp | 2.0%+0.5pp | 1.5%-0.5pp | 2.0% |
| Current Ratio | 1.21-0.0 | 1.240.0 | 1.24-0.0 | 1.26-0.0 | 1.29-0.0 | 1.330.0 | 1.33-0.0 | 1.35 |
| Debt-to-Equity | 0.41+0.0 | 0.38+0.0 | 0.35-0.1 | 0.40+0.0 | 0.37+0.0 | 0.34-0.0 | 0.39+0.0 | 0.37 |
| FCF Margin | 22.4%+5.6pp | 16.8%+12.6pp | 4.2%-18.1pp | 22.3%+2.3pp | 20.0%+16.7pp | 3.2%-28.6pp | 31.8%+24.5pp | 7.3% |
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Frequently Asked Questions
What is Spok Hldgs Inc's annual revenue?
Spok Hldgs Inc (SPOK) reported $137.7M in total revenue for fiscal year 2024. This represents a -1.0% 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 declined by 1% year-over-year, from $139.0M to $137.7M in fiscal year 2024.
Is Spok Hldgs Inc profitable?
Yes, Spok Hldgs Inc (SPOK) reported a net income of $15.0M in fiscal year 2024, with a net profit margin of 10.9%.
What is Spok Hldgs Inc's earnings per share (EPS)?
Spok Hldgs Inc (SPOK) reported diluted earnings per share of $0.73 for fiscal year 2024. This represents a -5.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Spok Hldgs Inc's EBITDA?
Spok Hldgs Inc (SPOK) had EBITDA of $23.1M in fiscal year 2024, 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 79.3% in fiscal year 2024, 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 13.8% in fiscal year 2024, 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 10.9% in fiscal year 2024, 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 2024.
What is Spok Hldgs Inc's return on equity (ROE)?
Spok Hldgs Inc (SPOK) has a return on equity of 9.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Spok Hldgs Inc's free cash flow?
Spok Hldgs Inc (SPOK) generated $25.7M in free cash flow during fiscal year 2024. This represents a 12.9% 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 2024, representing cash generated from core business activities.
What are Spok Hldgs Inc's total assets?
Spok Hldgs Inc (SPOK) had $217.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Spok Hldgs Inc's capital expenditures?
Spok Hldgs Inc (SPOK) invested $3.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Spok Hldgs Inc spend on research and development?
Spok Hldgs Inc (SPOK) invested $11.5M in research and development during fiscal year 2024.
How many shares does Spok Hldgs Inc have outstanding?
Spok Hldgs Inc (SPOK) had 20M shares outstanding as of fiscal year 2024.
What is Spok Hldgs Inc's current ratio?
Spok Hldgs Inc (SPOK) had a current ratio of 1.26 as of fiscal year 2024, 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 0.40 as of fiscal year 2024, 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 6.9% for fiscal year 2024, 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 4.04, 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 1.93x, 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 59 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.