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MARKETS / NASDAQ / SPOK
NASDAQ · RADIOTELEPHONE COMMUNICATIONS · MID CAP

Spok Holdings, Inc. SPOK

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$139.7M
▲ 1.5% YoY
$15.9M
▲ 6.1% YoY
$25.2M
▼ 2.0% YoY
In brief

What this company does

The company develops, sells, and supports enterprise-wide systems for healthcare and other organizations to automate, centralize, and standardize their approach to clinical and critical communications. It provides these services primarily in the United States and, on a limited basis, in Europe, Canada, Australia, Asia and the Middle East. The company is headquartered at 3000 Technology Drive, Suite 400, in Plano, Texas. As of December 31, 2025, it had 421 full-time equivalent employees, compared with 410 a year earlier. It offers its services and products to three major market segments — healthcare, government, and large enterprise — with greater emphasis on the healthcare segment. Revenue is generated from wireless messaging services, equipment, maintenance plans and equipment loss protection sold to one-way and two-way messaging subscribers, and from software licenses, professional services, third-party equipment and post-contract support. Wireless products and services revenue represented 52% of total consolidated revenue for the year ended December 31, 2025, compared with 53% in 2024 and 55% in 2023. Professional services revenue represented 16% of total consolidated revenue in 2025, up from 13% in 2024 and 11% in 2023.

Written from the business description in SPOK HOLDINGS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 139.7M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 139.7 · Net income 15.9
100M200M-20M-40M200920112013201520172019202120232025
Compound annual growth
+1.3%
−1.2%
−3.0%
−3.4%
−10.1%
−15.0%
−10.1%
−11.7%
−14.8%
−9.7%
+0.0%
+20.1%
+7.2%
−3.1%
+2.9%
+22.8%
−0.6%
−4.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −1.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 14.1% · Net 11.4%
20%40%-10%-20%200920112013201520172019202120232025
ROE
FY2025 · ROE 10.5%
20%40%-5%-10%-15%200920112013201520172019202120232025

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders
USD 27.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 25.2
40M80M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 27.3 · Net buybacks —
20M40MDividendsNet buybacks200920112013201520172019202120232025

USD 27.3M in dividends — 172% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 206.1M
EquityUSD 146.4M
CashUSD 25.3M
Current ratio1.18×

Equity funds 71% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.10.10.10.10.10.10.20.20.20.20.20.20.20.20.20.20.3
Operating income $B0.00.00.00.0−0.0−0.0−0.0−0.00.00.00.00.00.00.00.10.10.1
EBITDA $B0.00.00.00.0−0.0−0.0−0.00.00.00.00.00.00.10.10.10.10.1
Income tax $B0.00.00.0−0.0−0.00.0−0.0−0.00.00.0−0.10.00.00.0−0.00.0−0.0
Net income $B0.00.00.00.0−0.0−0.0−0.0−0.0−0.00.00.10.00.00.00.10.10.1
Free cash flow $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.10.1
EPS, diluted $0.750.730.771.09−1.14−2.32−0.56−0.08−0.760.683.740.961.251.203.723.452.90
Dividend / sh $1.251.251.251.250.500.500.500.500.500.750.620.500.500.751.002.002.00
Payout %172176164114−45−22−91−680−1007417524561265767
ROE %10.59.49.412.7−11.9−19.7−4.1−0.5−5.04.326.47.610.610.838.845.442.5
Shares out B0.020.020.020.020.020.020.020.020.020.020.020.020.020.020.020.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRadiotelephone Communications
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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