Earnings Releases·Oct 28, 2026, 4:00 PM ET

Spok Holdings, Inc. — Third Quarter 2026 Earnings Summary

Revenue declined 2.6% year-over-year to $32.999 million for the quarter, while net income surged 203.4% to $9.717 million and Adjusted EBITDA rose 29.6% to $8.568 million, driven by a 7.3% reduction in operating expenses.
The Company reiterated full-year 2026 guidance, projecting revenue between $132.5 million and $139.5 million and Adjusted EBITDA between $28.0 million and $32.0 million.
Strategic capital returns included a $6.534 million total return to stockholders and a $7.5 million cash inflow from the sale of narrowband spectrum licenses, alongside a declared quarterly dividend of $0.3125 per share.
Software license revenue grew 29.5% year-over-year, though software bookings fell 28.3% and the backlog decreased 14.6% to $51.987 million; wireless units in service declined 1.7% but ARPU increased to $8.36.
Management emphasized a strategic realignment to monetize assets and reduce costs, with R&D investments focused on AI integration for the Care Connect Suite and the appointment of Shiv Gopalkrishnan to lead engineering and product strategy.