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

SPOK Nasdaq Radiotelephone Communications DE CIK: 0001289945
Recently Updated • Analysis: Apr 16, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 SPOK Key Takeaways

Revenue: $139.7M
Net Margin: 11.4%
Free Cash Flow: $25.2M
Current Ratio: 1.18x
Debt/Equity: 0.00x
EPS: $0.75
AI Rating: BUY with 72% confidence
Spok Holdings, Inc (SPOK) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $139.7M, net profit margin of 11.4%, and return on equity (ROE) of 10.8%, Spok Holdings, Inc demonstrates strong fundamentals in the Telecom sector. Below is our complete SPOK stock analysis for 2026.

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

Claude

Spok Holdings exhibits strong financial fundamentals with a debt-free balance sheet, exceptional free cash flow generation (18% FCF margin), and net income growing faster than revenues, indicating operational efficiency gains. While revenue growth is minimal in a mature industry, the company's financial stability, high-quality earnings, and efficient capital allocation make it an attractive opportunity for value-oriented investors seeking a financially secure business.

Why Buy Spok Holdings, Inc Stock? SPOK Key Strengths

Claude
  • + Debt-free balance sheet with zero long-term debt provides financial flexibility and downside protection
  • + Exceptional free cash flow generation at 18% FCF margin demonstrates high-quality earnings and sustainable returns
  • + Net income growing 6.1% YoY versus 1.5% revenue growth indicates operational leverage and margin expansion
  • + Low capital intensity with CapEx of only 2.7% of revenue enables efficient cash conversion
  • + Solid profitability margins of 14.1% operating margin and 11.4% net margin in a mature industry

SPOK Stock Risks: Spok Holdings, Inc Investment Risks

Claude
  • ! Minimal revenue growth at 1.5% YoY suggests limited expansion opportunities in a mature radiotelephone communications sector
  • ! Moderate returns on capital with ROE of 10.8% and ROA of 7.7% indicate efficiency constraints
  • ! Tight liquidity position with current ratio of 1.18x leaves limited margin for operational disruptions
  • ! Industry exposure to technological disruption and shifting communication preferences could pressure future revenues

Key Metrics to Watch

Claude
  • * Free cash flow trend and FCF margin sustainability
  • * Revenue growth rate and any inflection points in the 1.5% growth trajectory
  • * Operating margin expansion or contraction amid competitive pressures
  • * Current ratio improvement for enhanced liquidity cushion

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

Revenue
$139.7M
Net Income
$15.9M
EPS (Diluted)
$0.75
Free Cash Flow
$25.2M
Total Assets
$206.1M
Cash Position
$25.3M

💡 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 14.1%
Net Margin 11.4%
ROE 10.8%
ROA 7.7%
FCF Margin 18.0%

SPOK vs Telecom Sector: How Spok Holdings, Inc Compares

How Spok Holdings, Inc compares to Telecom sector averages

Net Margin
SPOK 11.4%
vs
Sector Avg 14.0%
SPOK Sector
ROE
SPOK 10.8%
vs
Sector Avg 15.0%
SPOK Sector
Current Ratio
SPOK 1.2x
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
10.8%
Sector avg: 15%
Net Profit Margin
11.4%
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
1.18x
Quick Ratio
1.16x
Debt/Equity
0.00x
Debt/Assets
29.0%
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
18.0%
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
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
Q2 2023 $33.7M $1.9M $0.10

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
$28.9M
Cash generated from operations
Capital Expenditures
$3.8M
Investment in assets
Dividends Paid
$27.3M
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
Apr 14, 2026 4 xslF345X06/ownership.xml View →
Apr 14, 2026 8-K tm2611823d1_8k.htm View →
Apr 1, 2026 4 xslF345X06/ownership.xml View →
Apr 1, 2026 4 xslF345X06/ownership.xml View →
Apr 1, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about SPOK

What is the AI rating for SPOK?

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

What are SPOK's key strengths?

Claude: Debt-free balance sheet with zero long-term debt provides financial flexibility and downside protection. Exceptional free cash flow generation at 18% FCF margin demonstrates high-quality earnings and sustainable returns.

What are the risks of investing in SPOK?

Claude: Minimal revenue growth at 1.5% YoY suggests limited expansion opportunities in a mature radiotelephone communications sector. Moderate returns on capital with ROE of 10.8% and ROA of 7.7% indicate efficiency constraints.

What is SPOK's revenue and growth?

Spok Holdings, Inc reported revenue of $139.7M.

Does SPOK pay dividends?

Spok Holdings, Inc pays dividends, with $27.3M 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 $0.75.

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 April 2026, Spok Holdings, Inc has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is SPOK stock overvalued or undervalued?

Valuation metrics for SPOK: ROE of 10.8% (sector avg: 15%), net margin of 11.4% (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 BUY 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 $28.9M, with capital expenditures of $3.8M. FCF margin is 18.0%.

How does SPOK compare to other Telecom stocks?

Vs Telecom sector averages: Net margin 11.4% (avg: 14%), ROE 10.8% (avg: 15%), current ratio 1.18 (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: Apr 16, 2026 | Data as of: 2025-12-31 | Powered by Claude AI