Spok Holdings, Inc SPOK
Spok, Inc., a wholly owned subsidiary of Spok Holdings, Inc. (NASDAQ: SPOK), is proud to be a global leader in healthcare communications. We deliver clinical information to care teams when and where it matters most to improve patient outcomes. Top hospitals rely on Spok products and services to enhance workflows for clinicians, support administrative compliance, and provide a better experience for patients.
Our headquarters is located at 3000 Technology Drive, Suite 400, Plano, Texas 75074, and our telephone number is 800-611-8488. We maintain a website at http://www.spok.com. This website address is for information only and is not intended to be an active link or to incorporate any website information into this Annual Report on Form 10-K for the year ended December 31, 2025 (the "2025 Form 10-K").
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $139.7M | $137.7M | $139.0M | $134.5M | $142.2M | $148.2M | $160.3M | $169.5M | $171.2M | $179.6M |
| Cost of revenue | $29.8M | $28.7M | $27.1M | $28.3M | $32.5M | $30.9M | $32.6M | $32.4M | $28.4M | $30.6M |
| Gross profit | $109.9M | $108.9M | $111.9M | $106.3M | $109.7M | $117.2M | $127.7M | $137.1M | $142.8M | $148.9M |
| R&D | $12.2M | $11.7M | $10.7M | $13.6M | $17.5M | $15.7M | $27.5M | $24.5M | $18.7M | $13.5M |
| SG&A | $31.8M | $31.2M | $31.1M | $37.8M | $43.5M | $39.6M | $43.3M | $49.1M | $47.4M | $42.8M |
| Total operating expenses | $120.0M | $118.7M | $117.8M | $134.3M | $169.9M | $170.8M | $176.1M | $172.6M | $160.5M | $157.4M |
| Operating income | $19.7M | $19.0M | $21.2M | $238.0K | -$27.7M | -$22.7M | -$15.8M | -$3.2M | $10.7M | $22.2M |
| Interest expense | — | — | $1.1M | $592.0K | $320.0K | $687.0K | $1.7M | $1.6M | $719.0K | $275.0K |
| Pre-tax income | $21.4M | $20.0M | $22.3M | $997.0K | -$27.3M | -$21.8M | -$13.4M | -$2.2M | $11.6M | $23.0M |
| Income tax | $5.6M | $5.1M | $6.7M | $20.9M | $5.2M | $22.5M | $2.7M | $706.0K | $26.9M | $9.0M |
| Net income | $15.9M | $15.0M | $15.7M | $21.9M | -$22.2M | -$44.2M | -$10.8M | -$1.5M | -$15.3M | $14.0M |
| EPS, basic | 0.77 | 0.74 | 0.79 | 1.11 | -1.14 | -2.32 | -0.56 | — | — | — |
| EPS, diluted | 0.75 | 0.73 | 0.77 | 1.09 | -1.14 | -2.32 | -0.56 | -0.08 | -0.76 | 0.68 |
| Shares, diluted (wtd. avg.) | $21.1M | $20.6M | $20.3M | $20.0M | $19.4M | $19.0M | $19.1M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $25.3M | $29.1M | $32.0M | $35.8M | $44.6M | $48.7M | $47.4M | $83.3M | $103.2M | $121.8M |
| Short-term investments | — | — | — | $0 | $15.0M | $30.0M | $29.9M | $4.0M | — | — |
| Receivables | $22.6M | $21.9M | $23.3M | $26.9M | $26.9M | $29.9M | $30.2M | $32.4M | $29.7M | $23.7M |
| Inventory | — | — | — | — | — | — | $1.0M | $1.7M | $1.7M | $2.0M |
| Total current assets | $57.9M | $61.3M | $63.9M | $70.1M | $94.1M | $118.9M | $117.7M | $131.0M | $144.3M | $155.9M |
| Property, plant and equipment | $5.7M | $6.0M | $7.3M | $8.2M | $6.7M | $7.8M | $8.0M | $10.4M | $13.4M | $12.8M |
| Goodwill | $99.2M | $99.2M | $99.2M | $99.2M | $99.2M | $99.2M | $124.2M | $133.0M | $133.0M | $133.0M |
| Other intangibles | — | — | $0 | $0 | $0 | $417.0K | $2.9M | $5.4M | $7.9M | $10.8M |
| Total assets | $206.1M | $217.1M | $227.7M | $244.5M | $248.2M | $277.3M | $319.9M | $327.7M | $348.0M | $388.1M |
| Accounts payable | $4.0M | $5.6M | $6.0M | $5.9M | $5.3M | $6.7M | $3.6M | $2.0M | $1.3M | $1.0M |
| Total current liabilities | $49.1M | $48.8M | $48.0M | $54.4M | $55.0M | $57.4M | $51.2M | $44.9M | $48.3M | $56.3M |
| Total liabilities | $59.7M | $62.4M | $63.9M | $73.4M | $74.5M | $76.7M | $69.8M | $53.2M | $57.5M | $66.0M |
| Retained earnings | $39.9M | $50.8M | $62.6M | $73.1M | $78.0M | $110.3M | $164.8M | $185.3M | $191.8M | $217.3M |
| Total equity | $146.4M | $154.7M | $163.8M | $171.1M | $172.7M | $199.6M | $250.1M | $274.6M | $290.5M | $322.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $28.9M | $28.9M | $26.2M | $6.5M | $8.0M | $26.2M | $11.7M | $10.3M | $15.5M | $37.6M |
| Depreciation and amortisation | $3.4M | $4.1M | $4.5M | $3.6M | $10.4M | $9.1M | $9.2M | $10.8M | $11.6M | $13.0M |
| Stock-based compensation | $5.0M | $5.0M | $4.1M | $3.8M | $7.2M | $5.5M | $3.6M | $5.0M | $3.7M | $854.0K |
| Capital expenditure | $3.8M | $3.2M | $3.4M | $3.8M | $4.4M | $3.5M | $4.8M | $5.9M | $9.2M | $6.3M |
| Investing cash flow | -$3.1M | -$3.2M | -$3.4M | $11.3M | -$225.0K | -$14.6M | -$30.2M | -$5.8M | -$9.2M | -$8.2M |
| Financing cash flow | -$29.8M | -$28.5M | -$26.7M | -$26.2M | -$11.8M | -$10.4M | -$17.2M | -$24.3M | -$25.0M | -$16.7M |
| Dividends paid | $27.3M | $26.4M | $25.6M | $25.0M | $10.0M | $9.8M | $9.8M | $10.1M | $15.2M | $10.3M |
| Buybacks | — | — | — | — | $0 | $0 | $6.6M | $13.5M | $10.0M | $6.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001289945-26-000028.
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