Filing Flows › Spok Holdings (SPOK) › Q2 2026 › vs Q1 2026
Spok Holdings (SPOK) Q2 2026 vs Q1 2026 (quarter over quarter)
Spok Holdings's revenue rose $1.8M (+5%) from $33.2M in Q1 2026 to $35.0M in Q2 2026. The biggest changes: Software revenue +$2.1M (+13%); Wireless revenue −$273K (-2%). Operating margin 15.5% against 7.4% (+8.1 pts).
Spok Holdings, Q2 2026: revenue $35.0M (-2% year over year), operating margin 15.5%, net earnings $4.1M, operating cash flow $6.5M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.5% | 7.4% | +8.1 pts |
| Net margin | 11.8% | 6.0% | +5.8 pts |
| Free cash flow margin | 16.8% | 5.5% | +11.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Paging revenue | $16.0M | $16.6M | −$558K | -3% |
| Maintenance and subscription | $8.9M | $8.8M | $133K | +2% |
| License | $3.6M | $1.4M | $2.3M | +167% |
| Professional services - projects | $2.8M | $3.3M | −$560K | -17% |
| Professional services - managed services | $2.3M | $2.1M | $273K | +13% |
| Product and other revenue | $1.2M | $917K | $285K | +31% |
| Hardware | $128K | $186K | −$58K | -31% |
| Software revenue | $17.8M | $15.7M | $2.1M | +13% |
| Wireless revenue | $17.2M | $17.5M | −$273K | -2% |
| Revenue | $35.0M | $33.2M | $1.8M | +5% |
| Other income, net | $211K | $179K | $32K | +18% |
| Operating profit | $5.4M | $2.4M | $3.0M | +122% |
| Costs & expenses | $29.6M | $30.8M | −$1.2M | -4% |
| Pre-tax earnings | $5.6M | $2.6M | $3.0M | +115% |
| Cost of revenue | $6.8M | $7.7M | −$893K | -12% |
| Research & development | $3.3M | $3.5M | −$177K | -5% |
| Sales & marketing | $3.9M | $4.5M | −$565K | -13% |
| General & admin | $7.2M | $7.6M | −$429K | -6% |
| Other operating costs | $8.3M | $7.5M | $868K | +12% |
| Net earnings | $4.1M | $2.0M | $2.1M | +107% |
| Income tax | $1.5M | $636K | $880K | +138% |
| Depreciation & amortization | $929K | $992K | −$63K | -6% |
| Share-based compensation | $1.4M | $1.5M | −$89K | -6% |
| Working capital & other | $48K | −$2.0M | $2.1M | — |
| Operating cash flow | $6.5M | $2.4M | $4.0M | +165% |
| Free cash flow (OCF − capex) | $5.9M | $1.8M | $4.0M | +219% |
| Capital expenditures | $608K | $604K | $4K | +0.7% |
Questions
How much did Spok Holdings's revenue grow quarter over quarter in Q2 2026?
Spok Holdings's revenue rose $1.8M (+5%) from $33.2M in Q1 2026 to $35.0M in Q2 2026.
What drove Spok Holdings's revenue change in Q2 2026?
Software revenue +$2.1M (+13%); Wireless revenue −$273K (-2%).