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Nasdaq · Communication Services

Spok Holdings, Inc (SPOK)

As-reported financials and SEC filings for Spok Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Spok Holdings, Inc

Spok Holdings, Inc provides clinical communication and collaboration solutions primarily to healthcare organizations. Its products and services include secure texting, paging, workflow improvement tools, and contact center optimization, serving hospitals, government agencies, and large enterprises. The company operates wireless messaging networks and sells software licenses and related services to improve communication and patient care outcomes.

Snapshot

Revenue
$139.7M
Revenue growth (YoY)
1.5%
Net income
$15.9M
Diluted EPS
$0.75
Gross margin
78.7%
Operating margin
14.1%
Net margin
11.4%
FCF margin
18.0%
ROE
10.8%
net income / fiscal-year-end equity
P/E
18.7×
trailing when available, otherwise FY EPS
Market cap
$222.8M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Spok Holdings

  • Revenue grew 1.5% to $140M in FY2025, after a 1.0% decline the year before.
  • Operating margin turned positive at 14.1% in FY2025, from a 19.5% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $35M, down 1.9% from Q2 FY2025.
  • Free cash flow was $25M in FY2025, 18.0% of revenue.
  • Net income rose 6.1% to $16M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Spok Holdings’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin78.7%
90th percentile of 105
Operating margin14.1%
80th percentile of 185
Net margin11.4%
82nd percentile of 191
FCF margin18.0%
82nd percentile of 164
Revenue growth (YoY)+1.5%
44th percentile of 209
ROE10.8%
73rd percentile of 165
P/E18.7×
39th percentile of 95
Short interest3.35d
51st percentile of 216

Spok Holdings’s gross margin of 78.7% ranks in the 90th percentile of the 105 Communication Services companies reporting it.

3 reported insider purchases (code P) totaling $366,705 in the last 90 days, against 2 sales totaling $319,810. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+7 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$16.1M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$11.8M1.1MReduced
Citadel AdvisorsquantQ2 2026$1.9M183.4KAdded
D. E. ShawquantQ2 2026$1.3M130.2KAdded
AQR Capital ManagementquantQ2 2026$460,66945.0KAdded
Two Sigma InvestmentsquantQ2 2026$237,05623.1KAdded
Millennium ManagementquantQ2 2026$229,17122.4KReduced
Point72 Asset ManagementquantQ2 2026$195,63519.1KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
3
1 insider
Bought (90d)
$367K
code P value
Sells (90d)
2
$320K
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-10
filed 2026-08-11
Woods-Keisling SharonCorporate Secretary, TreasurerSell20.0K$11.30$226K
2026-08-10
filed 2026-08-11
COURNOYER CHRISTINEDirectorSell8.3K$11.28$94K
2026-06-16
filed 2026-06-17
Stein Todd JDirectorBuy35.2K$10.41$367K
2026-06-16
filed 2026-06-17
Stein Todd JDirectorBuy0$0.00
2026-06-16
filed 2026-06-17
Stein Todd JDirectorBuy0$0.00
2026-05-12
KELLY VINCENT DPresident & CEOBuy5.0K$10.70$53K
2026-05-11
filed 2026-05-12
KELLY VINCENT DPresident & CEOBuy5.0K$10.67$53K
2026-05-05
filed 2026-05-06
Woods-Keisling SharonCorporate Secretary, TreasurerSell10.0K$11.00$110K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
586.8K
settled 2026-08-14
Change vs prior
+1.6%
vs previous settlement
Days to cover
3.35
at avg daily volume
Avg daily volume
175.4K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14586.8K+1.6%3.35
2026-07-31577.3K+3.0%4.09
2026-07-15560.2K+15.7%3.82
2026-06-30484.0K+5.5%2.00
2026-06-15458.7K-14.2%3.34
2026-05-29534.5K-3.3%3.10
2026-05-15552.9K+13.3%2.80
2026-04-30487.9K+7.2%3.25

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$139.7M$137.7M$139.0M$134.5M$142.2M
Gross profit$109.9M$108.9M$111.9M$106.3M$109.7M
Operating income$19.7M$19.0M$21.2M$238,000$-27.7M
Net income$15.9M$15.0M$15.7M$21.9M$-22.2M
Diluted EPS$0.75$0.73$0.77$1.09$-1.14

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$25.3M$29.1M$32.0M$35.8M$44.6M
Current assets$57.9M$61.3M$63.9M$70.1M$94.1M
Total assets$206.1M$217.1M$227.7M$244.5M$248.2M
Current liabilities$49.1M$48.8M$48.0M$54.4M$55.0M
Long-term debt
Total liabilities$59.7M$62.4M$63.9M$73.4M$74.5M
Total equity$146.4M$154.7M$163.8M$171.1M$172.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$28.9M$28.9M$26.2M$6.5M$8.0M
Capital expenditure$3.8M$3.2M$3.4M$3.8M$4.4M
Free cash flow$25.2M$25.7M$22.8M$2.7M$3.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$35.0M-1.9%$4.1M$0.20
Q1 FY2026$33.2M-8.5%$2.0M$0.09
Q4 FY2025$33.9M-0.1%$2.9M$0.14
Q3 FY2025$33.9M-2.9%$3.2M$0.15
Q2 FY2025$35.7M5.0%$4.6M$0.22
Q1 FY2025$36.3M4.0%$5.2M$0.25
Q4 FY2024$33.9M-0.2%$3.6M$0.18
Q3 FY2024$34.9M-1.6%$3.7M$0.18

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryRadiotelephone Communications
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2013
SEC CIK1289945

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-22
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.