Filing Flows › Spok Holdings (SPOK) › Q3 2026 › vs Q2 2026
Spok Holdings (SPOK) Q3 2026 vs Q2 2026 (quarter over quarter)
Spok Holdings's revenue fell $2.0M (-6%) from $35.0M in Q2 2026 to $33.0M in Q3 2026. The biggest changes: Software revenue −$1.8M (-10%); Wireless revenue −$224K (-1%). Operating margin 17.1% against 15.5% (+1.6 pts).
Spok Holdings, Q3 2026: revenue $33.0M (-3% year over year), operating margin 17.1%, net earnings $9.7M, operating cash flow $13.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 17.1% | 15.5% | +1.6 pts |
| Net margin | 29.4% | 11.8% | +17.7 pts |
| Free cash flow margin | 37.1% | 16.8% | +20.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Paging revenue | $16.0M | $16.0M | $25K | +0.2% |
| Maintenance and subscription | $9.1M | $8.9M | $118K | +1% |
| Professional services - projects | $3.0M | $2.8M | $202K | +7% |
| Professional services - managed services | $2.4M | $2.3M | $23K | +1% |
| License | $1.4M | $3.6M | −$2.2M | -62% |
| Product and other revenue | $953K | $1.2M | −$249K | -21% |
| Hardware | $236K | $128K | $108K | +84% |
| Wireless revenue | $17.0M | $17.2M | −$224K | -1% |
| Software revenue | $16.0M | $17.8M | −$1.8M | -10% |
| Revenue | $33.0M | $35.0M | −$2.0M | -6% |
| Other income, net | $7.7M | $211K | $7.5M | 37× |
| Operating profit | $5.6M | $5.4M | $212K | +4% |
| Costs & expenses | $27.4M | $29.6M | −$2.2M | -8% |
| Pre-tax earnings | $13.3M | $5.6M | $7.7M | +137% |
| Cost of revenue | $6.7M | $6.8M | −$125K | -2% |
| Research & development | $3.2M | $3.3M | −$52K | -2% |
| Sales & marketing | $3.3M | $3.9M | −$669K | -17% |
| General & admin | $7.2M | $7.2M | $6K | +0.1% |
| Other operating costs | $7.0M | $8.3M | −$1.4M | -17% |
| Net earnings | $9.7M | $4.1M | $5.6M | +136% |
| Income tax | $3.6M | $1.5M | $2.1M | +139% |
| Depreciation & amortization | $956K | $929K | $27K | +3% |
| Share-based compensation | $1.8M | $1.4M | $447K | +32% |
| Working capital & other | $480K | $48K | $432K | +900% |
| Operating cash flow | $13.0M | $6.5M | $6.5M | +100% |
| Free cash flow (OCF − capex) | $12.2M | $5.9M | $6.4M | +109% |
| Capital expenditures | $738K | $608K | $130K | +21% |
Questions
How much did Spok Holdings's revenue grow quarter over quarter in Q3 2026?
Spok Holdings's revenue fell $2.0M (-6%) from $35.0M in Q2 2026 to $33.0M in Q3 2026.
What drove Spok Holdings's revenue change in Q3 2026?
Software revenue −$1.8M (-10%); Wireless revenue −$224K (-1%).