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Spok
Spok (SPOK) investor relations material
Spok Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Feb, 2026
Executive summary
Achieved strong Q4 and full-year 2025 results, with net income up 6.1% and software bookings rising 14% year-over-year and 83% sequentially in Q4.
Maintained leadership in healthcare communications, serving over 2,200 hospitals and operating the largest U.S. paging network with 675,000 units in service.
Strategic focus on growing software revenue, generating cash, and returning capital to stockholders, with $27.3 million returned in 2025 and nearly $730 million since 2004.
Maintains a debt-free balance sheet and strong cash position, with $25.3 million in cash and equivalents at year-end 2025.
Recognized for top-rated secure messaging and clinical communication solutions for the ninth consecutive year.
Financial highlights
2025 GAAP net income was $15.9 million ($0.75 per diluted share), up from $15 million ($0.73) in 2024; basic EPS was $0.77, up from $0.74.
Total GAAP revenue reached $139.7 million, up from $137.7 million in 2024; recurring revenue accounted for over 80% of total revenue.
Software revenue grew 4.8% to $67.2 million, driven by a 24% increase in professional services revenue; wireless revenue declined 1.4% to $72.5 million.
Adjusted EBITDA for 2025 was $29 million, maintaining a 21% margin and nearly flat year-over-year.
$27.3 million was returned to stockholders in 2025 via dividends and share repurchases.
Outlook and guidance
2026 revenue guidance: $136–$143 million, with a higher mix of software revenue and wireless revenue expected between $68–$71 million.
Software revenue expected at $68–$72 million; adjusted EBITDA guidance: $27.5–$32.5 million.
Growth driven by higher-margin software bookings; expect to pay dividends exceeding $27 million in 2026.
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Next Spok earnings date
Q1 202629 Apr, 2026
Spok
Next Spok earnings date
Q1 202629 Apr, 2026
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Frequently asked questions
Spok Holdings Inc. is a provider of communication solutions designed for critical operations in sectors such as healthcare, public safety, and government. The company offers secure messaging, clinical alerting, and contact center solutions, enabling reliable communication in mission-critical environments. Spok's products and services help organizations manage workflows, coordinate care, and improve response times through advanced messaging, paging, and telephony technologies. The company is known for its focus on secure, real-time communication systems that meet the needs of industries where fast, accurate information exchange is essential. The company is headquartered in Alexandria, Virginia, USA, and its shares are listed on the NASDAQ.
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