# SPOK HOLDINGS, INC. (SPOK) · Edgar & Edgarette company card

> Spok Holdings (SPOK) grew revenue 1.5% in FY2025 to $140 million, operating margin 14.1% against a 2.5% median for radiotelephone communications, equity 71.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1289945 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SPOK) · [JSON](https://www.pops4.com/boards/company/SPOK.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $140M |
| Revenue growth, 1 year | 1.5% |
| Revenue growth per year | -0.4% |
| Operating margin | 14.1% (prior year 13.8%) |
| Net margin | 11.4% |
| Operating cash flow | $29M |
| Capital spending | $4M |
| Free cash flow | $25M |
| Cash | $25M |
| Long-term debt | — |
| Total assets | $206M |
| Total equity | $146M |
| Equity ÷ assets | 71.0% |
| Return on equity | 10.8% |
| Dividend per share | $1.25 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 4.13 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -2.76 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $139.7M (FY2025). Experience: revenue up 1.5% on the year, down 0.4% a year over 4 years; operating margin 14.1%, up from 13.8%. Soundness: equity 71.0% of assets, return on equity 10.8%, payout 171.6% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $122.3M and $157.5M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $114.7M to $168.3M. A statistical range, not company guidance. Against peers (18 filers, $50M+ revenue, its industry group): operating margin 14.1% against a 2.5% median; growth 1.5% against 2.5%.

Range logged 2026-10-31, receipt 3e621e153dd9d3d1, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-04-14 ([filing](https://www.sec.gov/Archives/edgar/data/1289945/000110465926043198/0001104659-26-043198-index.htm))

## Recent filings

- 8-K · filed 2026-10-29 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289945/000128994526000065/0001289945-26-000065-index.htm)
- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/1289945/000128994526000063/0001289945-26-000063-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289945/000128994526000058/0001289945-26-000058-index.htm)
- 8-K · filed 2026-08-03 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289945/000128994526000052/0001289945-26-000052-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/1289945/000128994526000050/0001289945-26-000050-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289945/000128994526000047/0001289945-26-000047-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001289945.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1289945

## Cite

POPS4, Edgar & Edgarette: SPOK HOLDINGS, INC. (SPOK) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SPOK. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.

