Spok Holdings, Inc. (SPOK) Income Statement
SPOK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSPOK revenue and net income
Where SPOK's revenue goes
2025Each bar shows an amount and its share of revenue. SPOK kept 11.4% of revenue as net income.
SPOK profit margins
SPOK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.5% | +1.3% | −1.2% | −3.0% |
| Gross profit | +0.8% | +13.5% | −0.1% | +0.2% |
| Operating income | +3.9% | +37.6% | +53.1% | −3.4% |
| Net income | +6.1% | −10.1% | — | −15.4% |
| EPS (diluted) | −10.6% | +147.7% | — | −15.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SPOK quarterly EPS vs estimates
Spok beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026.
SPOK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $139.7M | $137.7M | $139.0M | $134.5M | $142.2M | $148.2M | $160.3M | $169.5M | $171.2M | $179.6M |
| Cost of revenue | $29.6M | $28.4M | $57.2M | $59.2M | $72.3M | $37.6M | $39.3M | $74.5M | $71.5M | $76.3M |
| Gross profit | $110.1M | $109.2M | $81.9M | $75.3M | $69.9M | $110.6M | $121.0M | $94.9M | $99.6M | $103.2M |
| Research & development | $12.1M | $11.5M | $10.5M | $13.6M | $17.9M | $15.8M | $27.5M | $24.5M | $18.7M | $13.5M |
| Sales, general & admin | $50.9M | $49.2M | $49.5M | $65.2M | $64.0M | $62.6M | $69.0M | $73.7M | $78.9M | $74.1M |
| Total operating expenses | $90.4M | $90.3M | $60.1M | $67.7M | $81.9M | $108.2M | $127.9M | $98.1M | $88.9M | $79.6M |
| Operating income | $19.7M | $19.0M | $21.8M | $7.6M | −$12.1M | $2.3M | −$7.0M | −$3.2M | $10.7M | $23.6M |
| Interest income | $820,000 | $1.2M | $1.1M | $592,000 | $320,000 | $687,000 | $1.7M | $1.6M | $719,000 | $275,000 |
| Interest expense | — | — | — | $13.9M | $30.9M | $49.1M | $15.3M | $0 | $0 | $275,000 |
| Income before taxes | $21.4M | $20.0M | $22.3M | $997,000 | −$27.3M | −$21.8M | −$13.4M | −$2.2M | $11.6M | $23.0M |
| Income taxes | $5.6M | $5.1M | $6.7M | −$20.9M | −$5.2M | $22.5M | −$2.7M | −$706,000 | $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 |
| EBITDA | $24.9M | $24.2M | $26.8M | $4.6M | −$16.9M | −$12.7M | −$4.2M | $8.6M | $23.2M | $35.9M |
| EPS (diluted) | $0.76 | $0.85 | $0.98 | $0.05 | −$1.15 | −$2.32 | −$0.56 | −$0.02 | −$0.77 | $0.68 |
| Gross margin | 78.8% | 79.3% | 58.9% | 56.0% | 49.2% | 74.6% | 75.5% | 56.0% | 58.2% | 57.5% |
| Operating margin | 14.1% | 13.8% | 15.7% | 5.6% | −8.5% | 1.6% | −4.3% | −1.9% | 6.3% | 13.1% |
| Net margin | 11.4% | 10.9% | 11.3% | 16.2% | −15.6% | −29.8% | −6.7% | −0.9% | −8.9% | 7.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.0M | $33.2M | $33.9M | $33.9M | $35.7M | $36.3M | $33.9M | $34.9M | $34.0M | $34.9M | $34.0M | $35.4M |
| Cost of revenue | $6.8M | $7.7M | −$5.8M | $7.4M | $7.3M | $7.2M | $13.7M | $14.3M | $14.4M | $14.5M | $7.7M | $14.3M |
| Gross profit | $28.2M | $25.5M | $39.7M | $26.5M | $28.4M | $29.1M | $20.2M | $20.6M | $19.6M | $20.4M | $26.3M | $21.1M |
| Research & development | $3.3M | $3.5M | $3.0M | $3.0M | $3.0M | $3.1M | $2.6M | $2.8M | $3.2M | $3.0M | $2.6M | $2.6M |
| Sales, general & admin | $11.1M | $12.1M | $12.0M | $12.4M | $13.2M | $13.2M | $10.9M | $16.3M | $13.6M | $12.1M | $18.0M | $12.3M |
| Total operating expenses | $21.2M | $22.7M | $35.8M | $22.1M | $22.9M | $23.0M | $15.6M | $15.3M | $14.7M | $15.1M | $21.8M | $14.8M |
| Operating income | $7.0M | $2.8M | $3.9M | $4.4M | $5.4M | $6.1M | $4.6M | $5.3M | $4.8M | $5.3M | $4.5M | $6.3M |
| Interest income | $222,000 | $174,000 | $152,000 | $193,000 | $256,000 | $219,000 | $245,000 | $264,000 | $391,000 | $254,000 | $233,000 | $240,000 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $575,000 | — |
| Income before taxes | $5.6M | $2.6M | $4.2M | $4.6M | $6.4M | $6.3M | $4.9M | $5.2M | $4.9M | $5.1M | $4.4M | $6.5M |
| Income taxes | $1.5M | $636,000 | $1.3M | $1.4M | $1.8M | $1.1M | $1.2M | $1.5M | $1.4M | $907,000 | $993,000 | $2.0M |
| Net income | $4.1M | $2.0M | $2.9M | $3.2M | $4.6M | $5.2M | $3.6M | $3.7M | $3.4M | $4.2M | $3.4M | $4.5M |
| EBITDA | $7.9M | $3.8M | $5.1M | $5.4M | $7.2M | $7.1M | $5.8M | $6.2M | $5.9M | $6.2M | $5.1M | $7.8M |
| EPS (diluted) | $0.20 | $0.09 | $0.14 | $0.15 | $0.22 | $0.25 | $0.18 | $0.18 | $0.22 | $0.27 | $0.17 | $0.29 |
| Gross margin | 80.5% | 76.7% | 117.1% | 78.3% | 79.5% | 80.1% | 59.6% | 59.0% | 57.6% | 58.4% | 77.4% | 59.7% |
| Operating margin | 19.9% | 8.3% | 11.4% | 12.9% | 15.2% | 16.7% | 13.7% | 15.2% | 14.2% | 15.2% | 13.1% | 17.8% |
| Net margin | 11.8% | 6.0% | 8.7% | 9.5% | 12.8% | 14.3% | 10.8% | 10.5% | 10.1% | 12.1% | 9.9% | 12.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SPOK's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SPOK financial results
In fiscal year 2025 (ended December 31, 2025), Spok reported revenue of $139.7 million, up 1.5% from the year before. It had net income of $15.9 million (up 6.1%), a net profit margin of 11.4%. Diluted earnings per share came to $0.76. Over five years revenue grew at an average rate of −1.2% a year.
See the SPOK stock overview for the latest quote and news, or the SPOK chart for price history and technical indicators.
SPOK income statement FAQ
What is Spok's annual revenue?
Spok reported total revenue of $139.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 1.5% from $137.7 million the previous year.
Is Spok profitable?
Yes. Spok reported net income of $15.9 million in fiscal 2025, a net profit margin of 11.4%; its operating margin was 14.1%.
What is Spok's gross margin?
Spok's gross margin was 78.8% in fiscal 2025: for every $100 of revenue, Spok kept $79 after the direct cost of its products and services.
How much does Spok spend on research and development?
Spok spent $12.1 million on research and development in fiscal 2025, 8.7% of revenue.
How fast is Spok growing?
Revenue grew −1.2% a year on average over the last five fiscal years, from $148.2 million to $139.7 million.
What are Spok's earnings per share?
Spok earned $0.76 per diluted share in fiscal 2025, compared with $0.85 a year earlier.
When will Spok report its next earnings?
Spok is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Spok's fiscal year end?
Spok's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.