Spok Holdings (SPOK) Company Report

Spok Holdings, Inc. reported Q3 2025 year-to-date total revenue of $105.8 million and Adjusted EBITDA of $22.3 million as of September 30, 2025. The company updated its 2025 financial outlook, projecting total revenue between $138.0 million and $143.5 million, and Adjusted EBITDA between $28.5 million and $32.5 million.
The company maintains a strong balance sheet with no debt and $21.4 million in cash and equivalents as of September 30, 2025. Spok has a history of returning capital to stockholders, with $720 million returned since 2004, and anticipates returning $27+ million in 2025. This includes a $1.25 per share annual dividend and a $10.0 million share repurchase authorization.
Approximately 80% of Spok's revenue is re-occurring from software maintenance and wireless paging services, serving over 2,200 hospitals with an average customer tenure of 26 years with top U.S. hospitals.
The wireless segment showed positive trends with average revenue per unit (ARPU) increasing to $8.19, a 3% year-over-year increase, and quarterly net churn improving to 1.4%. The company is also deploying its new GenA pager to further enhance retention and ARPU.

Oct 30, 2025, 8:04 PM

Spok Holdings Announces Q3 2025 Results and Reaffirms Full-Year Guidance

SPOK

Earnings

Guidance Update

New Projects/Investments

Spok Holdings reported Q3 2025 total GAAP revenue of $33.9 million, down from $34.9 million in the prior year, and GAAP net income of $3.2 million, or $0.15 per diluted share, compared to $3.7 million or $0.18 per diluted share in Q3 2024.
The company reaffirmed its 2025 financial guidance, projecting total revenue to range from $138 million to $143.5 million and adjusted EBITDA to be between $28.5 million and $32.5 million.
Year-to-date software revenue increased by 5.2%, including triple-digit growth in managed services revenue year-over-year, while wireless net unit churn improved by 20 basis points sequentially to 1.4% in Q3 2025.
Adjusted EBITDA for Q3 2025 totaled $6.6 million, covering the $6.4 million distributed to stockholders in dividends, and the company is on track to invest approximately $12 million in product research and development in 2025.

Oct 29, 2025, 10:00 PM

SPOK Announces Q3 2025 Results and Updates Full-Year Outlook

SPOK

Earnings

Guidance Update

Dividends

SPOK reported Q3 2025 total revenue of $33.9 million, with net income of $1.1 million and adjusted EBITDA of $6.6 million.
For the full year 2025, the company updated its guidance, expecting total revenue between $138.0 million and $143.5 million and adjusted EBITDA between $28.5 million and $32.5 million.
In Q3 2025, SPOK paid $6.6 million in dividends and reiterated its commitment to return $27+ million in capital to stockholders for the full year 2025. Wireless quarterly net churn improved to 1.4%.

Oct 29, 2025, 10:00 PM

Spok Holdings Reports Third Quarter 2025 Results

SPOK

Earnings

Guidance Update

Dividends

Spok Holdings reported net income of $3.203 million and adjusted EBITDA of $6.610 million for the third quarter ended September 30, 2025. For the first nine months of 2025, year-to-date net income increased by 14.4% and adjusted EBITDA increased by 0.8% compared to the prior year period.
The company reaffirmed its full year 2025 financial guidance, projecting total revenue between $138.0 million and $143.5 million and adjusted EBITDA between $28.5 million and $32.5 million.
The Board of Directors declared a regular quarterly dividend of $0.3125 per share, and the company ended the quarter with a cash and cash equivalents balance of $21.4 million and no debt as of September 30, 2025.

Oct 29, 2025, 8:05 PM

Spok Holdings, Inc. Announces Third Quarter 2025 Results and Reaffirms Full Year Guidance

SPOK

Earnings

Guidance Update

Dividends

Spok Holdings, Inc. reported net income of $3.2 million and adjusted EBITDA of $6.6 million for the third quarter ended September 30, 2025.
For the first nine months of 2025, net income was up 14.4% and adjusted EBITDA was up 0.8% from the prior year period. Total revenue for the nine months ended September 30, 2025, was $105.8 million, a 2.0% increase compared to the prior year.
As of September 30, 2025, the company held $21.4 million in cash and cash equivalents and had no debt.
The Board of Directors declared a regular quarterly dividend of $0.3125 per share, payable on December 9, 2025, to stockholders of record on November 18, 2025.
Spok reaffirmed its full year 2025 financial guidance, projecting total revenue between $138.0 million and $143.5 million and adjusted EBITDA between $28.5 million and $32.5 million.