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SPOKSpok Holdings, Inc.
$10.49$217M
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SPOK logoSpok Holdings, Inc.(SPOK)Earnings, Financials & Key Ratios

SPOK•NASDAQ
$10.57
14.1× P/E·Price updated Jul 2, 2026
SectorHealthcareIndustryHealthcare ITSub-IndustryHealthcare Communications, Workforce and Supply Chain
AboutSpok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. It delivers clinical information to care teams when and where it matters to enhance patient outcomes. The company offers subscriptions to one-way or two-way messaging services; and ancillary services, such as voicemail, and equipment loss or maintenance protection services, as well as sells devices to resellers who lease or resell them to their subscribers. Its Spok Care Connect platform enhance workflows for clinicians and support administrative compliance. In addition, the company provides professional, software license updates, and product support services, as well as sells third-party equipment. It serves businesses, professionals, management personnel, medical personnel, field sales personnel and service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies. The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014. The company was founded in 1986 and is headquartered in Alexandria, Virginia.Show more
  • Revenue$140M+1.5%
  • EBITDA$23M+0.1%
  • Net Income$16M+6.1%
  • EPS (Diluted)0.75+2.7%
  • Gross Margin78.84%-0.6%
  • EBITDA Margin16.56%-1.4%
  • Operating Margin14.11%+2.4%
  • Net Margin11.37%+4.6%
  • ROE10.55%+12.3%

SPOK Price & Volume

Spok Holdings, Inc. (SPOK) stock price & volume — 10-year historical chart

Loading chart...

Managed Paging Runoff Supports High Dividend Yield

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Fortress
Cash Flow:Stable
Primary Risk:Secular paging subscriber decline

Key Thesis Takeaways

  • Spok Holdings is navigating a structural transition from legacy paging services to clinical software, leveraging its high-margin cash flow to sustain a significant 12.1% dividend yield.
  • While the company maintains a fortress balance sheet with a minimal 0.04 debt-to-equity ratio, long-term growth remains challenged by the secular decline of its core paging subscriber base.
  • Investors should monitor the risk of competitive bundle displacement by larger enterprise players, which may threaten the stability of the software maintenance revenue streams that currently underpin the company's valuation.

Verdict Logic

while the 12.1% dividend yield and 8.75 EV/EBITDA multiple offer value, the secular decline in paging revenue and potential competitive displacement warrant a cautious approach until software growth stabilizes.

SPOK Growth Metrics

Spok Holdings, Inc. (SPOK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-3.01%
5 Years-1.17%
3 Years1.27%
TTM-25.62%

Profit CAGR

10 Years-15.37%
5 Years-
3 Years-10.1%
TTM-32.9%

EPS CAGR

10 Years-15.37%
5 Years-
3 Years-11.72%
TTM-23.08%

Return on Capital

10 Years4.06%
5 Years6.58%
3 Years11.59%
Last Year12.12%

SPOK Recent Earnings

Spok Holdings, Inc. (SPOK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.09-50.0%
$0.18
Rev
$33M-5.1%
$35M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.14-22.2%
$0.18
Rev
$34M-2.1%
$35M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$0.15-21.1%
$0.19
Rev
$34M-5.7%
$36M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.22+22.2%
$0.18
Rev
$36M+2.0%
$35M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.09vs $0.18-50.0%
$33Mvs $35M-5.1%
Q1 2026Feb 25, 2026
$0.14vs $0.18-22.2%
$34Mvs $35M-2.1%
Q4 2025Oct 29, 2025
$0.15vs $0.19-21.1%
$34Mvs $36M-5.7%
Q3 2025Jul 30, 2025
$0.22vs $0.18+22.2%
$36Mvs $35M+2.0%
Based on last 12 quarters of dataView full earnings history →

Latest SPOK News

Recent stock market news and headlines for Spok Holdings, Inc. (SPOK)

Business Wire·Jun 24, 2026
Spok Announces Sale of Spectrum Licenses to Sensus

PLANO, Texas--(BUSINESS WIRE)--Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced the entry into an agreement to sell certain narrowband spectrum licenses in its two-way paging inventory to Sensus USA, a designer and manufacturer of metering and automatic meter-reading products catering to municipal and industrial markets worldwide. The purchase price is $8 million, with a portion of the consideration deferred until existing Spok users have been mi.

Peers Comparison

Key metrics vs top competitors for Spok Holdings, Inc. (SPOK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SPOK logoSPOKSpok Holdings, Inc.Current
$10.57$219.12M14.091.49%11.37%10.55%12.24%
SHEN logoSHENShenandoah Telecommunications Company
$14.60$807.7M-20.569.08%-16.48%-4.58%—
LUMN logoLUMNLumen Technologies, Inc.
$7.15$7.36B-4.09-5.39%-14.34%-79.42%—
NTGR logoNTGRNETGEAR, Inc.
$23.20$634.37M-20.352.91%-5.77%-7.97%—
MSI logoMSIMotorola Solutions, Inc.
$418.94$69.54B32.838%17.61%89.72%—
EGHT logoEGHT8x8, Inc.
$1.83$258.38M183.002.89%0.22%1.2%—

Compare SPOK vs Peers

Spok Holdings, Inc. (SPOK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SHEN

Most directly comparable listed peer for SPOK.

Scale Benchmark

vs CSCO

Larger-name benchmark to compare SPOK against a more recognizable public peer.

Peer Set

Compare Top 5

vs SHEN, LUMN, NTGR, MSI

SPOK SEC Filings & Documents

Spok Holdings, Inc. (SPOK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Apr 29, 2026·SEC

Material company update

Apr 14, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 31, 2025·SEC

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SPOK Frequently Asked Questions

Spok Holdings, Inc. (SPOK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Spok Holdings, Inc.'s revenue?

Spok Holdings, Inc. (SPOK) reported $103.4M in revenue for fiscal year 2025. This represents a 79% decrease from $490.2M in 2004.

How fast is Spok Holdings, Inc. growing?

Spok Holdings, Inc. (SPOK) grew revenue by 1.5% over the past year. Growth has been modest.

Is SPOK profitable?

Yes, Spok Holdings, Inc. (SPOK) is profitable, generating $10.7M in net income for fiscal year 2025 (11.4% net margin).

Dividend & Returns
Does SPOK pay dividends?

Yes, Spok Holdings, Inc. (SPOK) pays a dividend with a yield of 12.24%. This makes it attractive for income-focused investors.

What is SPOK's return on equity?

Spok Holdings, Inc. (SPOK) has a return on equity (ROE) of 10.5%. This is reasonable for most industries.

What is Spok Holdings, Inc.'s free cash flow?

Spok Holdings, Inc. (SPOK) generated $25.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in SPOK back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →