What is Spok Holdings, Inc's earnings per share (EPS)?

Spok Holdings, Inc (SPOK) reported diluted earnings per share of $0.75 for fiscal year 2025. This represents a 2.7% 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.

Spok Holdings, Inc (SPOK) Financials

SPOK

Trailing 12 months to June 30, 2026

Revenue $136.0M -3.4% YoY

Net Income $12.2M -28.2% YoY

EPS (Diluted) $0.57 -31.3% YoY

Free Cash Flow $25.4M +0.4% YoY

Market Cap $224.7M as of Oct 15, 2026

Price / Sales 1.7x on $136.0M revenue, trailing 12 months to June 30, 2026

Price / Earnings 18.4x on $12.2M net income, trailing 12 months to June 30, 2026

Price / Book 1.6x on $139.9M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SPOK SEC filings page.

Spok Holdings, Inc (SPOK) reported $136.0M in revenue over the twelve months to Jun 30, 2026, down 3.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI SPOK FY2025 2026-10-03

The business converts steady revenue into cash, but its dividend policy is gradually drawing down the balance sheet.

By FY2025, operating cash flow was $28.9M against net income of $15.9M, a recurring pattern since FY2023 that indicates cash generation materially exceeds accounting profit. After capital spending, free cash flow was $25.2M, showing that most operating cash remained available for distributions rather than expansion.

The move from an operating loss of $27.7M in FY2021 to operating income of $19.7M in FY2025 occurred without a comparable sales expansion. FY2025 revenue was $139.7M, so the margin recovery primarily reflects a changed expense burden rather than volume growth.

In FY2025, free cash flow was $25.2M while dividends were $27.3M, so distributions exceeded internally generated cash after capital spending. Assets fell from $217.1M in FY2023 to $206.1M in FY2025, while the current ratio slipped from 1.3x to 1.2x, indicating a progressively leaner balance-sheet cushion.

Financial Health Signals

Financial Health Score 53/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Spok Holdings, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Spok Holdings, 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 58/100, indicating healthy but not exceptional operating efficiency. This is up from 13.8% the prior year.

Growth

Spok Holdings, Inc's revenue grew a modest 1.5% year-over-year to $139.7M. This slow but positive growth earns a score of 31/100.

Leverage

Spok Holdings, Inc has a moderate D/E ratio of 0.41. This balance of debt and equity financing earns a leverage score of 64/100.

Liquidity

Spok Holdings, Inc's current ratio of 1.18 is below the typical benchmark, resulting in a score of 28/100. However, the company holds substantial cash reserves (51% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

Spok Holdings, Inc converts 18.0% of revenue into free cash flow ($25.2M). This strong cash generation earns a score of 83/100.

Returns

Spok Holdings, Inc's ROE of 10.8% shows moderate profitability relative to equity, earning a score of 56/100. This is up from 9.7% the prior year.

Altman Z-Score Safe

3.57

Spok Holdings, Inc scores 3.57, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($224.7M) relative to total liabilities ($59.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Spok Holdings, Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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.

Earnings Quality Cash-Backed

1.82x

For every $1 of reported earnings, Spok Holdings, 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

Export CSV

Earnings & Revenue

Revenue

$35.0M

YoY-1.9%

QoQ+5.4%

5Y CAGR-0.4%

10Y CAGR-2.4%

Spok Holdings, Inc generated $35.0M in revenue in Q2 2026. This represents a decrease of 1.9% from the same quarter a year earlier. Against the prior quarter it is up 5.4%.

EBITDA

$6.4M

YoY+1.7%

QoQ+84.9%

5Y CAGR+49.6%

10Y CAGR-3.3%

Spok Holdings, Inc's EBITDA was $6.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1.7% from the same quarter a year earlier. Against the prior quarter it is up 84.9%.

Net Income

$4.1M

YoY-9.5%

QoQ+107.3%

10Y CAGR+1.8%

Spok Holdings, Inc reported $4.1M in net income in Q2 2026. This represents a decrease of 9.5% from the same quarter a year earlier. Against the prior quarter it is up 107.3%.

EPS (Diluted)

$0.20

YoY-9.1%

QoQ+122.2%

Spok Holdings, Inc earned $0.20 per diluted share (EPS) in Q2 2026. This represents a decrease of 9.1% from the same quarter a year earlier. Against the prior quarter it is up 122.2%.

Cash & Balance Sheet

Free Cash Flow

$5.9M

YoY-2.0%

QoQ+219.2%

5Y CAGR+28.5%

10Y CAGR-4.0%

Spok Holdings, Inc generated $5.9M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 2.0% from the same quarter a year earlier. Against the prior quarter it is up 219.2%.

Cash & Debt

$16.6M

YoY-18.0%

QoQ-2.8%

5Y CAGR-15.3%

10Y CAGR-17.7%

Spok Holdings, Inc held $16.6M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.31

YoY0.0%

QoQ0.0%

5Y CAGR+20.1%

10Y CAGR+9.6%

Spok Holdings, Inc paid $0.31 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

21M

YoY+1.6%

QoQ+0.1%

5Y CAGR+1.4%

10Y CAGR+0.2%

Spok Holdings, Inc had 21M shares outstanding in Q2 2026. This represents an increase of 1.6% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Margins & Returns

Gross Margin

80.5%

YoY+1.2pp

QoQ+3.7pp

5Y change+2.5pp

Spok Holdings, Inc's gross margin was 80.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.7 percentage points.

Operating Margin

15.5%

YoY+0.4pp

QoQ+8.1pp

5Y change+20.0pp

10Y change+2.9pp

Spok Holdings, Inc's operating margin was 15.5% in Q2 2026, reflecting core business profitability. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.1 percentage points.

Net Margin

11.8%

YoY-1.0pp

QoQ+5.8pp

5Y change+13.8pp

10Y change+4.0pp

Spok Holdings, Inc's net profit margin was 11.8% in Q2 2026, showing the share of revenue converted to profit. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.8 percentage points.

Return on Equity

2.9%

YoY-0.1pp

QoQ+1.5pp

5Y change+3.3pp

10Y change+1.9pp

Spok Holdings, Inc's ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Capital Allocation

R&D Spending

$3.3M

YoY+7.0%

QoQ-5.1%

5Y CAGR-4.6%

Spok Holdings, Inc invested $3.3M in research and development in Q2 2026. This represents an increase of 7.0% from the same quarter a year earlier. Against the prior quarter it is down 5.1%.

Capital Expenditures

$608K

YoY-41.9%

QoQ+0.7%

5Y CAGR-16.2%

10Y CAGR-8.9%

Spok Holdings, Inc invested $608K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 41.9% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.

Share Buybacks

Not reported for Q2 2026.

SPOK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPOK quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$136.0M	$139.7M+1.5%	$137.7M-1.0%	$139.0M+3.3%	$134.5M-5.4%	$142.2M-4.1%	$148.2M-7.6%	$160.3M-5.4%	$169.5M-1.0%	$171.2M-4.7%	$179.6M-5.3%	$189.6M-5.3%	$200.3M-4.5%	$209.8M-4.5%	$219.7M-6.0%	$233.7M
Cost of Revenue	$29.7M	$29.8M+3.8%	$28.7M+6.0%	$27.1M-4.1%	$28.3M-12.9%	$32.5M+4.9%	$30.9M-5.0%	$32.6M+0.5%	$32.4M+14.0%	$28.4M-7.3%	$30.6M-9.5%	$33.9M+4.0%	$32.6M+16.6%	$27.9M+3.7%	$26.9M+31.9%	$20.4M
Gross Profit	$106.3M	$109.9M+0.9%	$108.9M-2.7%	$111.9M+5.3%	$106.3M-3.1%	$109.7M-6.4%	$117.2M-8.2%	$127.7M-6.8%	$137.1M-4.0%	$142.8M-4.1%	$148.9M-4.4%	$155.8M-7.1%	$167.7M-7.8%	$181.8M-5.7%	$192.8M-9.6%	$213.3M
R&D Expenses	$12.8M	$12.2M+4.5%	$11.7M+9.5%	$10.7M-21.6%	$13.6M-22.2%	$17.5M+11.3%	$15.7M-42.8%	$27.5M+12.6%	$24.5M+30.8%	$18.7M+38.9%	$13.5M+31.0%	$10.3M+8.2%	$9.5M+9.2%	$8.7M-2.2%	$8.9M	N/A
SG&A Expenses	$30.4M	$31.8M+2.0%	$31.2M+0.4%	$31.1M-17.8%	$37.8M-13.2%	$43.5M+9.9%	$39.6M-8.5%	$43.3M-11.9%	$49.1M+3.6%	$47.4M+10.7%	$42.8M-4.5%	$44.9M-2.3%	$45.9M-0.5%	$46.1M-3.5%	$47.8M-14.8%	$56.1M
Operating Income	$16.2M	$19.7M+3.9%	$19.0M-10.7%	$21.2M+8819.3%	$238K+100.9%	-$27.7M-22.3%	-$22.7M-43.4%	-$15.8M-398.2%	-$3.2M-129.6%	$10.7M-51.7%	$22.2M-11.7%	$25.1M-10.8%	$28.2M-38.1%	$45.5M-0.5%	$45.7M-11.8%	$51.8M
EBITDA	N/A	$23.1M+0.1%	$23.1M-10.2%	$25.7M+575.3%	$3.8M+122.1%	-$17.3M-26.9%	-$13.6M-107.5%	-$6.6M-186.4%	$7.6M-66.0%	$22.3M-36.4%	$35.1M-10.1%	$39.1M-12.8%	$44.8M-26.1%	$60.7M-5.2%	$64.0M-10.1%	$71.2M
Interest Expense	N/A	N/A	N/A	$1.1M+85.6%	$592K+85.0%	$320K-53.4%	$687K-58.4%	$1.7M+0.8%	$1.6M+127.8%	$719K+161.5%	$275K+1618.8%	$16K+103.5%	-$456K-75.4%	-$260K+31.6%	-$380K+83.1%	-$2.3M
Income Tax	$4.8M	$5.6M+9.7%	$5.1M-23.9%	$6.7M+131.9%	-$20.9M-304.9%	-$5.2M-122.9%	$22.5M+944.8%	-$2.7M-276.5%	-$706K-102.6%	$26.9M+198.8%	$9.0M+116.7%	-$53.9M-919.6%	$6.6M-63.0%	$17.8M-6.7%	$19.1M+172.7%	-$26.3M
Net Income	$12.2M	$15.9M+6.1%	$15.0M-4.5%	$15.7M-28.3%	$21.9M+198.5%	-$22.2M+49.8%	-$44.2M-310.8%	-$10.8M-627.9%	-$1.5M+90.3%	-$15.3M-209.5%	$14.0M-82.6%	$80.2M+286.8%	$20.7M-24.6%	$27.5M+2.0%	$27.0M-67.8%	$83.8M
EPS (Basic)	N/A	$0.77+4.1%	$0.74-6.3%	$0.79-28.8%	$1.11+197.4%	-$1.14+50.9%	-$2.32-314.3%	-$0.56	N/A	N/A	N/A	$3.99+315.6%	$0.96-24.4%	$1.27+3.3%	$1.23-67.5%	$3.79
EPS (Diluted)	$0.57	$0.75+2.7%	$0.73-5.2%	$0.77-29.4%	$1.09+195.6%	-$1.14+50.9%	-$2.32-314.3%	-$0.56	N/A	N/A	N/A	$3.98+323.4%	$0.94-24.8%	$1.25+4.2%	$1.20-67.7%	$3.72
Diluted Shares (Avg)	N/A	21M+2.4%	21M+1.1%	20M+1.8%	20M+3.0%	19M+2.0%	19M-0.3%	19M	N/A	N/A	N/A	21M-4.1%	22M+0.4%	22M-1.7%	22M-0.5%	23M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$35.0M-1.9%	$33.2M-8.5%	$33.9M-0.1%	$33.9M-2.9%	$35.7M+5.0%	$36.3M+4.0%	$33.9M-0.2%	$34.9M-1.6%
Cost of Revenue	$6.8M-7.7%	$7.7M+6.1%	$7.7M+6.4%	$7.4M+3.2%	$7.4M+3.4%	$7.3M+2.0%	$7.3M+0.9%	$7.1M+7.7%
Gross Profit	$28.2M-0.4%	$25.5M-12.1%	$26.1M-1.9%	$26.5M-4.4%	$28.3M+5.5%	$29.0M+4.5%	$26.6M-0.5%	$27.7M-3.7%
R&D Expenses	$3.3M+7.0%	$3.5M+11.7%	$3.1M+12.0%	$3.0M+5.7%	$3.1M-3.5%	$3.1M+4.8%	$2.7M-1.5%	$2.8M+10.5%
SG&A Expenses	$7.2M-13.9%	$7.6M-3.0%	$7.3M+10.3%	$8.3M-2.9%	$8.4M+3.8%	$7.9M-1.5%	$6.6M-0.9%	$8.5M+3.9%
Operating Income	$5.4M+0.6%	$2.4M-59.4%	$3.9M-15.0%	$4.4M-12.1%	$5.4M+20.5%	$6.0M+23.0%	$4.6M+13.6%	$5.0M-20.2%
EBITDA	$6.4M+1.7%	$3.4M-50.0%	$4.8M-14.0%	$5.2M-13.6%	$6.2M+12.7%	$6.9M+15.4%	$5.6M+15.9%	$6.0M-19.3%
Income Tax	$1.5M-17.2%	$636K-40.2%	$1.3M+3.8%	$1.4M-7.6%	$1.8M+28.3%	$1.1M+17.2%	$1.2M+25.3%	$1.5M-27.1%
Net Income	$4.1M-9.5%	$2.0M-61.8%	$2.9M-19.6%	$3.2M-12.5%	$4.6M+32.9%	$5.2M+22.7%	$3.6M+8.3%	$3.7M-17.8%
EPS (Basic)	$0.20-9.1%	$0.10-60.0%	$0.14-22.2%	$0.16-11.1%	$0.22+29.4%	$0.25+19.0%	$0.18+5.9%	$0.18-18.2%
EPS (Diluted)	$0.20-9.1%	$0.09-64.0%	$0.13-27.8%	$0.15-16.7%	$0.22+29.4%	$0.25+19.0%	$0.18+12.5%	$0.18-18.2%
Diluted Shares (Avg)	21M+1.6%	21M+2.3%	N/A	21M+2.5%	21M+1.4%	21M+1.0%	N/A	21M+1.1%

Not reported in any period shown, so not listed: Interest Expense.

SPOK Balance Sheet

SPOK quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$206.1M-5.1%	$217.1M-4.6%	$227.7M-6.9%	$244.5M-1.5%	$248.2M-10.5%	$277.3M-13.3%	$319.9M-2.4%	$327.7M-5.8%	$348.0M-10.3%	$388.1M+0.4%	$386.4M+14.4%	$337.9M+3.4%	$326.9M+1.3%	$322.6M-9.0%	$354.4M
Current Assets	$57.9M-5.6%	$61.3M-4.1%	$63.9M-8.8%	$70.1M-25.5%	$94.1M-20.9%	$118.9M+1.0%	$117.7M-10.2%	$131.0M-9.2%	$144.3M-7.4%	$155.9M+10.1%	$141.6M-0.8%	$142.8M+18.8%	$120.2M+25.3%	$95.9M-8.0%	$104.2M
Cash & Equivalents	$25.3M-13.3%	$29.1M-8.9%	$32.0M-10.5%	$35.8M-19.8%	$44.6M-8.5%	$48.7M+2.9%	$47.4M-43.2%	$83.3M-19.2%	$103.2M-15.3%	$121.8M+11.4%	$109.3M+1.4%	$107.9M+21.1%	$89.1M+45.9%	$61.0M+13.8%	$53.7M
Short-Term Investments	$0	$0	$0	$0-100.0%	$15.0M-50.0%	$30.0M+0.3%	$29.9M+654.5%	$4.0M-0.4%	$4.0M	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	$1.0M-41.2%	$1.7M+2.2%	$1.7M-16.2%	$2.0M-12.9%	$2.3M-14.3%	$2.7M+20.4%	$2.2M-31.8%	$3.3M+43.6%	$2.3M
Accounts Receivable	$22.6M+3.2%	$21.9M-5.9%	$23.3M-13.2%	$26.9M-0.2%	$26.9M-10.1%	$29.9M-0.8%	$30.2M-6.8%	$32.4M+9.0%	$29.7M+25.6%	$23.7M+4.5%	$22.6M-9.3%	$25.0M+38.1%	$18.1M-16.2%	$21.6M+5.2%	$20.5M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M-20.1%	$124.2M-6.7%	$133.0M0.0%	$133.0M0.0%	$133.0M0.0%	$133.0M0.0%	$133.0M0.0%	$133.0M0.0%	$133.0M+1.6%	$131.0M
Total Liabilities	$59.7M-4.2%	$62.4M-2.4%	$63.9M-12.9%	$73.4M-1.5%	$74.5M-2.9%	$76.7M+9.9%	$69.8M+31.3%	$53.2M-7.5%	$57.5M-12.9%	$66.0M+16.1%	$56.9M-3.3%	$58.8M+3.3%	$56.9M-20.0%	$71.2M-27.1%	$97.6M
Current Liabilities	$49.1M+0.7%	$48.8M+1.6%	$48.0M-11.8%	$54.4M-1.0%	$55.0M-4.3%	$57.4M+12.2%	$51.2M+13.9%	$44.9M-7.0%	$48.3M-14.2%	$56.3M+19.4%	$47.2M-5.2%	$49.8M+6.3%	$46.8M-22.9%	$60.7M+7.4%	$56.6M
Non-Current Liabilities	$10.6M-21.8%	$13.6M-14.6%	$15.9M-16.1%	$18.9M-2.7%	$19.5M+1.2%	$19.2M+3.5%	$18.6M+126.5%	$8.2M-10.2%	$9.1M-5.5%	$9.7M-0.4%	$9.7M+7.1%	$9.1M-10.4%	$10.1M-3.4%	$10.5M-74.5%	$41.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0	$0	$0-100.0%	$28.3M
Total Equity	$146.4M-5.4%	$154.7M-5.5%	$163.8M-4.3%	$171.1M-0.9%	$172.7M-13.5%	$199.6M-20.2%	$250.1M-8.9%	$274.6M-5.5%	$290.5M-9.8%	$322.1M-2.3%	$329.6M+18.1%	$279.1M+3.4%	$269.9M+7.4%	$251.4M+1.5%	$247.6M
Retained Earnings	$39.9M-21.4%	$50.8M-18.9%	$62.6M-14.4%	$73.1M-6.3%	$78.0M-29.3%	$110.3M-33.1%	$164.8M-11.1%	$185.3M-3.4%	$191.8M-11.7%	$217.3M-0.8%	$219.1M+43.8%	$152.4M+6.8%	$142.7M+13.1%	$126.2M+4.5%	$120.8M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$195.6M-6.3%	$193.9M-5.2%	$206.1M-5.1%	$209.7M-3.3%	$208.7M-3.6%	$204.5M-4.9%	$217.1M-4.6%	$216.8M-4.5%
Current Assets	$50.6M-10.3%	$47.2M-6.3%	$57.9M-5.6%	$59.5M+2.0%	$56.5M+0.6%	$50.4M-4.8%	$61.3M-4.1%	$58.4M-4.6%
Cash & Equivalents	$16.6M-18.0%	$17.1M-14.1%	$25.3M-13.3%	$21.4M-23.2%	$20.2M-15.2%	$19.9M-14.9%	$29.1M-8.9%	$27.8M+1.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$23.5M-9.0%	$19.8M-4.3%	$22.6M+3.2%	$25.7M+20.2%	$25.8M+13.1%	$20.7M-4.8%	$21.9M-5.9%	$21.4M-15.0%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%	$99.2M0.0%
Total Liabilities	$55.7M-3.4%	$52.9M+0.4%	$59.7M-4.2%	$61.0M+0.8%	$57.7M-0.7%	$52.7M-3.8%	$62.4M-2.4%	$60.5M-1.5%
Current Liabilities	$46.3M+1.9%	$43.4M+6.6%	$49.1M+0.7%	$49.1M+7.6%	$45.4M+4.8%	$40.8M+2.2%	$48.8M+1.6%	$45.6M+1.0%
Non-Current Liabilities	$9.4M-23.2%	$9.5M-20.8%	$10.6M-21.8%	$11.8M-20.2%	$12.3M-17.0%	$12.0M-20.0%	$13.6M-14.6%	$14.8M-8.6%
Total Equity	$139.9M-7.3%	$141.0M-7.1%	$146.4M-5.4%	$148.7M-4.9%	$150.9M-4.6%	$151.7M-5.3%	$154.7M-5.5%	$156.3M-5.6%
Retained Earnings	$32.5M-31.2%	$35.1M-28.8%	$39.9M-21.4%	$43.7M-19.0%	$47.2M-17.3%	$49.3M-18.1%	$50.8M-18.9%	$53.9M-18.0%

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

SPOK Cash Flow Statement

SPOK quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$28.6M	$28.9M+0.1%	$28.9M+10.5%	$26.2M+305.6%	$6.5M-19.0%	$8.0M-69.5%	$26.2M+123.7%	$11.7M+13.4%	$10.3M-33.5%	$15.5M-58.7%	$37.6M-10.2%	$41.8M+0.7%	$41.6M-17.6%	$50.5M-30.8%	$72.9M-11.6%	$82.4M
Depreciation & Amortization	N/A	$3.4M-17.3%	$4.1M-7.7%	$4.5M+25.9%	$3.6M-65.8%	$10.4M+15.3%	$9.1M-2.1%	$9.2M-14.1%	$10.8M-7.4%	$11.6M-10.3%	$13.0M-7.2%	$14.0M-16.2%	$16.7M+10.0%	$15.2M-16.8%	$18.2M-5.7%	$19.3M
Stock-Based Compensation	N/A	$5.0M+1.0%	$5.0M+22.0%	$4.1M+6.2%	$3.8M-47.1%	$7.2M+31.4%	$5.5M+51.2%	$3.6M-26.5%	$5.0M+34.3%	$3.7M+331.9%	$854K-54.3%	$1.9M-51.3%	$3.8M+26.0%	$3.0M+148.8%	$1.2M-20.0%	$1.5M
Capital Expenditures	$3.2M	$3.8M+17.0%	$3.2M-6.1%	$3.4M-9.5%	$3.8M-14.0%	$4.4M+27.1%	$3.5M-28.6%	$4.8M-18.2%	$5.9M-35.8%	$9.2M+47.3%	$6.3M+12.4%	$5.6M-26.9%	$7.6M-26.8%	$10.4M+4.2%	$10.0M+25.6%	$8.0M
Free Cash Flow	$25.4M	$25.2M-2.0%	$25.7M+12.9%	$22.8M+749.5%	$2.7M-25.0%	$3.6M-84.3%	$22.7M+231.2%	$6.9M+55.8%	$4.4M-30.2%	$6.3M-79.9%	$31.3M-13.7%	$36.3M+6.9%	$33.9M-15.2%	$40.0M-36.3%	$62.9M-15.6%	$74.5M
Investing Cash Flow	-$3.2M	-$3.1M+4.9%	-$3.2M+6.1%	-$3.4M-130.4%	$11.3M+5103.1%	-$225K+98.5%	-$14.6M+51.8%	-$30.2M-418.7%	-$5.8M+36.5%	-$9.2M-11.4%	-$8.2M-47.9%	-$5.6M+26.9%	-$7.6M+24.7%	-$10.1M+20.1%	-$12.7M+90.6%	-$134.6M
Financing Cash Flow	-$29.0M	-$29.8M-4.4%	-$28.5M-7.0%	-$26.7M-1.7%	-$26.2M-123.1%	-$11.8M-13.3%	-$10.4M+39.5%	-$17.2M+29.3%	-$24.3M+2.9%	-$25.0M-49.5%	-$16.7M+49.0%	-$32.8M-116.5%	-$15.2M-23.1%	-$12.3M+76.7%	-$52.8M-126.2%	-$23.4M
Dividends Paid	$27.3M	$27.3M+3.3%	$26.4M+2.9%	$25.6M+2.5%	$25.0M+149.5%	$10.0M+2.6%	$9.8M-0.5%	$9.8M-2.4%	$10.1M-33.9%	$15.2M+48.1%	$10.3M-26.4%	$14.0M+29.1%	$10.8M-12.1%	$12.3M-25.4%	$16.5M-25.4%	$22.1M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$0	$0-100.0%	$6.6M-51.2%	$13.5M+34.5%	$10.0M+54.5%	$6.5M-56.8%	$15.0M+247.0%	$4.3M	$0-100.0%	$8.1M	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$6.5M-7.9%	$2.4M+8.4%	$11.5M+37.1%	$8.1M-26.7%	$7.0M-5.2%	$2.3M+12.8%	$8.4M-28.7%	$11.1M+246.9%
Depreciation & Amortization	$929K+8.8%	$992K+15.5%	$858K-8.5%	$858K-20.2%	$854K-20.0%	$859K-19.6%	$938K+28.8%	$1.1M-15.2%
Stock-Based Compensation	$1.4M+13.0%	$1.5M+15.8%	N/A	$1.2M+6.4%	$1.2M+5.5%	$1.3M+10.6%	N/A	$1.2M+32.7%
Capital Expenditures	$608K-41.9%	$604K-18.9%	$1.4M+63.2%	$557K-33.1%	$1.0M+63.2%	$745K-14.9%	$861K-13.7%	$832K+37.7%
Free Cash Flow	$5.9M-2.0%	$1.8M+21.9%	$10.1M+34.1%	$7.6M-26.2%	$6.0M-11.7%	$1.5M+34.3%	$7.5M-30.1%	$10.3M+295.6%
Investing Cash Flow	-$608K-76.2%	-$604K+18.9%	-$1.4M-63.2%	-$557K+33.1%	-$345K+46.2%	-$745K+14.9%	-$861K+13.7%	-$832K-37.7%
Financing Cash Flow	-$6.3M-0.2%	-$10.0M+7.0%	-$6.2M-0.5%	-$6.4M-1.7%	-$6.3M-2.2%	-$10.8M-9.9%	-$6.2M-1.2%	-$6.3M-1.4%
Dividends Paid	$6.5M+0.8%	$8.0M+0.2%	$6.4M+1.0%	$6.4M+1.7%	$6.5M+2.3%	$7.9M+7.6%	$6.3M+1.6%	$6.3M+1.4%

Not reported in any period shown, so not listed: Share Buybacks.

SPOK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPOK quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	78.7%-0.5pp	79.1%-1.4pp	80.5%+1.5pp	79.0%+1.8pp	77.2%-2.0pp	79.1%-0.5pp	79.7%-1.2pp	80.9%-2.5pp	83.4%+0.5pp	82.9%+0.8pp	82.2%-1.6pp	83.7%-2.9pp	86.7%-1.1pp	87.8%-3.5pp	91.3%
Operating Margin	14.1%+0.3pp	13.8%-1.5pp	15.3%+15.1pp	0.2%+19.7pp	-19.5%-4.2pp	-15.3%-5.4pp	-9.9%-8.0pp	-1.9%-8.1pp	6.3%-6.1pp	12.3%-0.9pp	13.2%-0.8pp	14.1%-7.6pp	21.7%+0.9pp	20.8%-1.4pp	22.2%
Net Margin	11.4%+0.5pp	10.9%-0.4pp	11.3%-5.0pp	16.3%+31.9pp	-15.6%+14.2pp	-29.8%-23.1pp	-6.7%-5.8pp	-0.9%+8.1pp	-8.9%-16.7pp	7.8%-34.5pp	42.3%+32.0pp	10.4%-2.8pp	13.1%+0.8pp	12.3%-23.6pp	35.9%
Return on Equity	10.8%+1.2pp	9.7%+0.1pp	9.6%-3.2pp	12.8%+25.6pp	-12.8%+9.3pp	-22.1%-17.8pp	-4.3%-3.8pp	-0.5%+4.7pp	-5.3%-9.6pp	4.3%-20.0pp	24.3%+16.9pp	7.4%-2.8pp	10.2%-0.5pp	10.7%-23.1pp	33.8%
Return on Assets	7.7%+0.8pp	6.9%0.0pp	6.9%-2.1pp	8.9%+17.9pp	-8.9%+7.0pp	-16.0%-12.6pp	-3.4%-2.9pp	-0.4%+4.0pp	-4.4%-8.0pp	3.6%-17.2pp	20.8%+14.6pp	6.1%-2.3pp	8.4%+0.1pp	8.4%-15.3pp	23.6%
Current Ratio	1.18-0.1x	1.26-0.1x	1.330.0x	1.29-0.4x	1.71-0.4x	2.07-0.2x	2.30-0.6x	2.91-0.1x	2.99+0.2x	2.77-0.2x	3.00+0.1x	2.87+0.3x	2.57+1.0x	1.58-0.3x	1.84
Debt-to-Equity	0.410.0x	0.400.0x	0.390.0x	0.430.0x	0.430.0x	0.38+0.1x	0.28+0.1x	0.190.0x	0.200.0x	0.20+0.2x	0.000.0x	0.000.0x	0.000.0x	0.00-0.1x	0.11
Asset Turnover	0.680.0x	0.630.0x	0.61+0.1x	0.550.0x	0.570.0x	0.530.0x	0.500.0x	0.520.0x	0.490.0x	0.460.0x	0.49-0.1x	0.590.0x	0.640.0x	0.680.0x	0.66
FCF Margin	18.0%-0.7pp	18.7%+2.3pp	16.4%+14.4pp	2.0%-0.5pp	2.5%-12.8pp	15.3%+11.0pp	4.3%+1.7pp	2.6%-1.1pp	3.7%-13.8pp	17.4%-1.7pp	19.1%+2.2pp	17.0%-2.1pp	19.1%-9.5pp	28.6%-3.2pp	31.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	80.5%+1.2pp	76.7%-3.2pp	77.1%-1.4pp	78.3%-1.3pp	79.3%+0.3pp	79.9%+0.4pp	78.5%-0.2pp	79.5%-1.8pp
Operating Margin	15.5%+0.4pp	7.4%-9.2pp	11.6%-2.0pp	12.9%-1.4pp	15.1%+1.9pp	16.6%+2.6pp	13.7%+1.7pp	14.2%-3.3pp
Net Margin	11.8%-1.0pp	6.0%-8.3pp	8.6%-2.1pp	9.5%-1.0pp	12.8%+2.7pp	14.3%+2.2pp	10.8%+0.8pp	10.5%-2.1pp
Return on Equity	2.9%-0.1pp	1.4%-2.0pp	2.0%-0.3pp	2.1%-0.2pp	3.0%+0.9pp	3.4%+0.8pp	2.4%+0.3pp	2.3%-0.3pp
Return on Assets	2.1%-0.1pp	1.0%-1.5pp	1.4%-0.3pp	1.5%-0.2pp	2.2%+0.6pp	2.5%+0.6pp	1.7%+0.2pp	1.7%-0.3pp
Current Ratio	1.09-0.1x	1.09-0.1x	1.18-0.1x	1.21-0.1x	1.24-0.1x	1.24-0.1x	1.26-0.1x	1.28-0.1x
Debt-to-Equity	0.400.0x	0.380.0x	0.410.0x	0.410.0x	0.380.0x	0.350.0x	0.400.0x	0.390.0x
Asset Turnover	0.180.0x	0.170.0x	0.160.0x	0.160.0x	0.170.0x	0.180.0x	0.160.0x	0.160.0x
FCF Margin	16.8%0.0pp	5.5%+1.4pp	29.9%+7.6pp	22.4%-7.1pp	16.8%-3.2pp	4.2%+0.9pp	22.3%-9.5pp	29.4%+22.1pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Spok Holdings, Inc SPOK	FY2025	$139.7M	$15.9M	11.4%	$224.7M	53/100
OptimizeRx Corporation OPRX	FY2025	$109.4M	$5.1M	4.7%	$158.7M	60/100
NRC Health NRC	FY2025	$137.4M	$11.6M	8.4%	$446.2M	50/100
TruBridge, Inc. TBRG	FY2025	$346.8M	$4.4M	1.3%	$393.6M	36/100
Talkspace, Inc. TALK	FY2025	$228.9M	$7.8M	3.4%	$870.6M	55/100
So-Young International Inc. SY	FY2025	$217.8M	-$34.6M	-15.9%	$266.6M	33/100

Where Spok Holdings, Inc Ranks

Frequently Asked Questions

What is Spok Holdings, Inc's annual revenue?

Spok Holdings, 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 Holdings, Inc's revenue growing?

Spok Holdings, Inc (SPOK) revenue grew by 1.5% year-over-year, from $137.7M to $139.7M in fiscal year 2025.

Is Spok Holdings, Inc profitable?

Yes, Spok Holdings, Inc (SPOK) reported a net income of $15.9M in fiscal year 2025, with a net profit margin of 11.4%.

What is Spok Holdings, Inc's EBITDA?

Spok Holdings, Inc (SPOK) had EBITDA of $23.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Spok Holdings, Inc's gross margin?

Spok Holdings, 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 Holdings, Inc's operating margin?

Spok Holdings, 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 Holdings, Inc's net profit margin?

Spok Holdings, 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 Holdings, Inc pay dividends?

Yes, Spok Holdings, Inc (SPOK) paid $1.25 per share in dividends during fiscal year 2025.

What is Spok Holdings, Inc's return on equity (ROE)?

Spok Holdings, 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 Holdings, Inc's free cash flow?

Spok Holdings, 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 Holdings, Inc's operating cash flow?

Spok Holdings, Inc (SPOK) generated $28.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Spok Holdings, Inc's total assets?

Spok Holdings, Inc (SPOK) had $206.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Spok Holdings, Inc's capital expenditures?

Spok Holdings, Inc (SPOK) invested $3.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Spok Holdings, Inc spend on research and development?

Spok Holdings, Inc (SPOK) invested $12.2M in research and development during fiscal year 2025.

How many shares does Spok Holdings, Inc have outstanding?

Spok Holdings, Inc (SPOK) had 21M shares outstanding as of fiscal year 2025.

What is Spok Holdings, Inc's current ratio?

Spok Holdings, Inc (SPOK) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.

What is Spok Holdings, Inc's debt-to-equity ratio?

Spok Holdings, 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 Holdings, Inc's return on assets (ROA)?

Spok Holdings, 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 Holdings, Inc's P/E ratio?

Spok Holdings, Inc (SPOK) trades at 18.4x earnings, its market capitalization divided by net income of $12.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $224.7M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Spok Holdings, Inc's price-to-sales ratio?

Spok Holdings, Inc (SPOK) trades at 1.7x sales, its market capitalization divided by revenue of $136.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $224.7M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Spok Holdings, Inc's Altman Z-Score?

Spok Holdings, Inc (SPOK) has an Altman Z-Score of 3.57, 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 Holdings, Inc's Piotroski F-Score?

Spok Holdings, Inc (SPOK) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Spok Holdings, Inc's earnings high quality?

Spok Holdings, 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 Holdings, Inc?

Spok Holdings, Inc (SPOK) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.