Spok Holdings, Inc. (SPOK) AI Stock Analysis

Spok Holdings, Inc., operating through its subsidiary Spok, Inc., delivers critical clinical information and healthcare communication solutions across the United States, Europe, Canada, Australia, Asia, and the Middle East. The company offers subscriptions to both one-way and two-way messaging services alongside ancillary services such as voicemail and equipment loss or maintenance protection. Its flagship platform, Spok Care Connect, optimizes workflows for clinicians and ensures adherence to administrative compliance standards. Spok also provides professional services, software license updates, product support, and third-party equipment sales to medical professionals, businesses, and government agencies worldwide.

Annual revenue moved from $142.2M in FY2021 to $139.7M in FY2025, reflecting a 5-year revenue CAGR of -1.2%. Gross margin expanded from 49.2% in FY2021 to 78.8% in FY2025, while operating margin improved from -8.5% to 14.1%. Net income recovered from -$22.2M in FY2021 to $15.9M in FY2025, with diluted EPS rising from -$1.15 to $0.76. Over the trailing twelve months, revenue totaled $136.0M with a profit margin of 9.0%. For the latest quarter ended June 30, 2026, quarterly revenue fell 1.9% year-over-year, and quarterly earnings declined 10.4%.

As of June 30, 2026, Spok Holdings held $16.6M in cash and short-term investments against $5.7M in total debt, resulting in net cash of $10.8M. The company reported a current ratio of 1.09 and a debt-to-equity ratio of 0.04. In FY2025, operating cash flow reached $28.9M and free cash flow was $25.2M. Capital allocation in FY2025 included $3.8M in capital expenditures, $2.8M in share buybacks, and $27.3M in dividends paid.

Trading at $10.61 on October 16, 2026, Spok Holdings has a market cap of $221.9M and an enterprise value of $209.4M. Its trailing P/E of 18.6x and forward P/E of 10.2x sit below the median of its US-listed Healthcare peers at 24.6x and 17.3x, respectively. The stock trades at an EV/EBITDA of 9.5x compared to the peer median of 12.0x, and a price-to-sales ratio of 1.6x versus the peer median of 4.1x. Over the past year, SPOK shares fell 24.7%, trailing the S&P 500 return of 16.8%.

Spok Holdings pays a quarterly dividend with an annual forward dividend of $1.25, translating to a dividend yield of 11.80%. The company has paid dividends for 22 consecutive years, delivering an annualized 5-year dividend growth rate of 20.2%. Its reported payout ratio is 2.2%, and its last ex-dividend date was August 19, 2026.

Analysts report a mean price target of $14.00, representing a 32.0% upside versus the last close of $10.61. For the current fiscal year ending December 31, 2026, the consensus EPS estimate is $0.66, indicating an estimated EPS decline of 12.0%. Over the trailing four quarters, Spok Holdings beat EPS estimates once. The company's next earnings release is scheduled for November 4, 2026.

This page is an AI-written research summary of Spok Holdings, Inc. (SPOK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SPOK income statement, SPOK balance sheet, SPOK key metrics, SPOK analyst forecast, SPOK chart. See the SPOK stock overview for the latest quote and news.