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Spok Holdings, Inc (SPOK) Stock Fundamental Analysis & AI Rating 2026

SPOK Nasdaq Radiotelephone Communications DE CIK: 0001289945
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
72% Confidence
N/A
SELL
72% Conf
Pending
Analysis scheduled

📊 SPOK Key Takeaways

Revenue: $33.2M
Net Margin: 6.0%
Free Cash Flow: $1.8M
Current Ratio: 1.09x
Debt/Equity: 0.00x
EPS: $0.09
AI Rating: SELL with 72% confidence
Spok Holdings, Inc (SPOK) receives a SELL rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $33.2M, net profit margin of 6.0%, and return on equity (ROE) of 1.4%, Spok Holdings, Inc demonstrates mixed fundamentals in the Telecom sector. Below is our complete SPOK stock analysis for 2026.

Is Spok Holdings, Inc (SPOK) a Good Investment?

Claude

Spok is a debt-free, marginally profitable company trapped in a secular decline with essentially zero revenue growth (1.5% YoY) and appalling capital efficiency (ROE 1.4%, ROA 1.0%). While the zero-debt balance sheet provides financial flexibility, the company generates negligible returns on shareholder capital and lacks the operational momentum or growth catalysts to justify holding.

Why Buy Spok Holdings, Inc Stock? SPOK Key Strengths

Claude
  • + Zero long-term debt provides significant financial flexibility and eliminates refinancing risk
  • + Positive operating and net income demonstrates established, stable business operations and customer relationships
  • + Positive free cash flow of $1.8M provides modest distribution capacity despite capital constraints

SPOK Stock Risks: Spok Holdings, Inc Investment Risks

Claude
  • ! Catastrophically low returns on capital (ROE 1.4%, ROA 1.0%) indicate management is not deploying shareholder capital effectively despite ample equity cushion
  • ! Revenue stagnation at 1.5% YoY growth suggests structural industry decline in radiotelephone communications with minimal path to acceleration
  • ! Tight current ratio of 1.09x and quick ratio of 1.06x provide minimal liquidity buffer against operational disruptions or unexpected capital needs

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and year-over-year comparison to detect accelerating decline
  • * Return on Equity and Return on Assets trends to assess whether capital efficiency improves or deteriorates further
  • * Operating cash flow sustainability and free cash flow generation as indicator of business health

Spok Holdings, Inc (SPOK) Financial Metrics & Key Ratios

Revenue
$33.2M
Net Income
$2.0M
EPS (Diluted)
$0.09
Free Cash Flow
$1.8M
Total Assets
$193.9M
Cash Position
$17.1M

💡 AI Analyst Insight

Spok Holdings, Inc presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

SPOK Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 7.4%
Net Margin 6.0%
ROE 1.4%
ROA 1.0%
FCF Margin 5.5%

SPOK vs Telecom Sector: How Spok Holdings, Inc Compares

How Spok Holdings, Inc compares to Telecom sector averages

Net Margin
SPOK 6.0%
vs
Sector Avg 14.0%
SPOK Sector
ROE
SPOK 1.4%
vs
Sector Avg 15.0%
SPOK Sector
Current Ratio
SPOK 1.1x
vs
Sector Avg 1.0x
SPOK Sector
Debt/Equity
SPOK 0.0x
vs
Sector Avg 1.2x
SPOK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Spok Holdings, Inc Stock Overvalued? SPOK Valuation Analysis 2026

Based on fundamental analysis, Spok Holdings, Inc has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
1.4%
Sector avg: 15%
Net Profit Margin
6.0%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Spok Holdings, Inc Balance Sheet: SPOK Debt, Cash & Liquidity

Current Ratio
1.09x
Quick Ratio
1.06x
Debt/Equity
0.00x
Debt/Assets
27.3%
Interest Coverage
N/A
Long-term Debt
$0.0

SPOK Revenue & Earnings Growth: 5-Year Financial Trend

SPOK 5-year financial data: Year 2021: Revenue $160.3M, Net Income -$10.8M, EPS $-0.56. Year 2022: Revenue $148.2M, Net Income -$44.2M, EPS $-2.32. Year 2023: Revenue $142.2M, Net Income -$22.2M, EPS $-1.14. Year 2024: Revenue $139.0M, Net Income $21.9M, EPS $1.09. Year 2025: Revenue $139.7M, Net Income $15.7M, EPS $0.77.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Spok Holdings, Inc's revenue has declined by 13% over the 5-year period, indicating business contraction. The most recent EPS of $0.77 reflects profitable operations.

SPOK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.5%
Free cash flow / Revenue

SPOK Quarterly Earnings & Performance

Quarterly financial performance data for Spok Holdings, Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $33.2M $2.0M $0.09
Q3 2025 $33.9M $3.2M $0.15
Q2 2025 $34.0M $3.4M $0.17
Q1 2025 $34.9M $4.2M $0.21
Q3 2024 $34.9M $3.1M $0.18
Q2 2024 $34.0M $3.1M $0.17
Q1 2024 $33.2M $3.1M $0.15
Q3 2023 $33.7M $1.9M $-0.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Spok Holdings, Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.4M
Cash generated from operations
Capital Expenditures
$604.0K
Investment in assets
Dividends Paid
$8.0M
Returned to shareholders

SPOK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Spok Holdings, Inc (CIK: 0001289945)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 4 xslF345X06/ownership.xml View →
May 6, 2026 4 xslF345X06/ownership.xml View →
Apr 30, 2026 8-K spok-20260430.htm View →
Apr 30, 2026 DEF 14A spok-20260430.htm View →
Apr 30, 2026 10-Q spok-20260331.htm View →

Frequently Asked Questions about SPOK

What is the AI rating for SPOK?

Spok Holdings, Inc (SPOK) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SPOK's key strengths?

Claude: Zero long-term debt provides significant financial flexibility and eliminates refinancing risk. Positive operating and net income demonstrates established, stable business operations and customer relationships.

What are the risks of investing in SPOK?

Claude: Catastrophically low returns on capital (ROE 1.4%, ROA 1.0%) indicate management is not deploying shareholder capital effectively despite ample equity cushion. Revenue stagnation at 1.5% YoY growth suggests structural industry decline in radiotelephone communications with minimal path to acceleration.

What is SPOK's revenue and growth?

Spok Holdings, Inc reported revenue of $33.2M.

Does SPOK pay dividends?

Spok Holdings, Inc pays dividends, with $8.0M distributed to shareholders in the trailing twelve months.

Where can I find SPOK SEC filings?

Official SEC filings for Spok Holdings, Inc (CIK: 0001289945) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SPOK's EPS?

Spok Holdings, Inc has a diluted EPS of $0.09.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SPOK a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Spok Holdings, Inc has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is SPOK stock overvalued or undervalued?

Valuation metrics for SPOK: ROE of 1.4% (sector avg: 15%), net margin of 6.0% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy SPOK stock in 2026?

Our dual AI analysis gives Spok Holdings, Inc a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SPOK's free cash flow?

Spok Holdings, Inc's operating cash flow is $2.4M, with capital expenditures of $604.0K. FCF margin is 5.5%.

How does SPOK compare to other Telecom stocks?

Vs Telecom sector averages: Net margin 6.0% (avg: 14%), ROE 1.4% (avg: 15%), current ratio 1.09 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI