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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.

CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $33.9M, roughly 1.9× Spok Holdings, Inc). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs 8.7%, a 25.4% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs -1.5%).

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

Spok Holdings, Inc. is a global provider of critical communication solutions primarily serving the healthcare industry. It offers unified clinical communication platforms, secure messaging tools, alerting systems, and on-call scheduling software that help care teams coordinate efficiently, cut response times, and boost patient safety across medical facilities.

CAC vs SPOK — Head-to-Head

Bigger by revenue
CAC
CAC
1.9× larger
CAC
$64.3M
$33.9M
SPOK
Higher net margin
CAC
CAC
25.4% more per $
CAC
34.0%
8.7%
SPOK
Faster 2-yr revenue CAGR
CAC
CAC
Annualised
CAC
22.6%
-1.5%
SPOK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CAC
CAC
SPOK
SPOK
Revenue
$64.3M
$33.9M
Net Profit
$21.9M
$2.9M
Gross Margin
76.7%
Operating Margin
11.6%
Net Margin
34.0%
8.7%
Revenue YoY
-0.1%
Net Profit YoY
-19.6%
EPS (diluted)
$1.29
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAC
CAC
SPOK
SPOK
Q1 26
$64.3M
Q4 25
$68.1M
$33.9M
Q3 25
$65.4M
$33.9M
Q2 25
$62.3M
$35.7M
Q1 25
$60.1M
$36.3M
Q4 24
$47.6M
$33.9M
Q3 24
$45.0M
$34.9M
Q2 24
$42.8M
$34.0M
Net Profit
CAC
CAC
SPOK
SPOK
Q1 26
$21.9M
Q4 25
$22.6M
$2.9M
Q3 25
$21.2M
$3.2M
Q2 25
$14.1M
$4.6M
Q1 25
$7.3M
$5.2M
Q4 24
$14.7M
$3.6M
Q3 24
$13.1M
$3.7M
Q2 24
$12.0M
$3.4M
Gross Margin
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
76.7%
Q3 25
78.3%
Q2 25
79.5%
Q1 25
80.1%
Q4 24
78.5%
Q3 24
79.5%
Q2 24
78.9%
Operating Margin
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
41.5%
11.6%
Q3 25
40.5%
12.9%
Q2 25
28.5%
15.1%
Q1 25
10.3%
16.6%
Q4 24
38.7%
13.7%
Q3 24
35.2%
14.2%
Q2 24
34.7%
13.2%
Net Margin
CAC
CAC
SPOK
SPOK
Q1 26
34.0%
Q4 25
33.1%
8.7%
Q3 25
32.4%
9.5%
Q2 25
22.6%
12.8%
Q1 25
12.2%
14.3%
Q4 24
30.8%
10.8%
Q3 24
29.1%
10.5%
Q2 24
28.0%
10.1%
EPS (diluted)
CAC
CAC
SPOK
SPOK
Q1 26
$1.29
Q4 25
$1.33
$0.13
Q3 25
$1.25
$0.15
Q2 25
$0.83
$0.22
Q1 25
$0.43
$0.25
Q4 24
$1.00
$0.17
Q3 24
$0.90
$0.18
Q2 24
$0.81
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAC
CAC
SPOK
SPOK
Cash + ST InvestmentsLiquidity on hand
$25.3M
Total DebtLower is stronger
$514.4M
Stockholders' EquityBook value
$710.0M
$146.4M
Total Assets
$7.0B
$206.1M
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
$25.3M
Q3 25
$21.4M
Q2 25
$20.2M
Q1 25
$19.9M
Q4 24
$29.1M
Q3 24
$27.8M
Q2 24
$23.9M
Total Debt
CAC
CAC
SPOK
SPOK
Q1 26
$514.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CAC
CAC
SPOK
SPOK
Q1 26
$710.0M
Q4 25
$696.6M
$146.4M
Q3 25
$676.4M
$148.7M
Q2 25
$652.1M
$150.9M
Q1 25
$640.1M
$151.7M
Q4 24
$531.2M
$154.7M
Q3 24
$529.9M
$156.3M
Q2 24
$508.3M
$158.2M
Total Assets
CAC
CAC
SPOK
SPOK
Q1 26
$7.0B
Q4 25
$7.0B
$206.1M
Q3 25
$7.0B
$209.7M
Q2 25
$6.9B
$208.7M
Q1 25
$7.0B
$204.5M
Q4 24
$5.8B
$217.1M
Q3 24
$5.7B
$216.8M
Q2 24
$5.7B
$216.4M
Debt / Equity
CAC
CAC
SPOK
SPOK
Q1 26
0.72×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAC
CAC
SPOK
SPOK
Operating Cash FlowLast quarter
$11.5M
Free Cash FlowOCF − Capex
$10.1M
FCF MarginFCF / Revenue
29.9%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
3.93×
TTM Free Cash FlowTrailing 4 quarters
$25.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
$63.9M
$11.5M
Q3 25
$36.1M
$8.1M
Q2 25
$6.0M
$7.0M
Q1 25
$1.0M
$2.3M
Q4 24
$60.9M
$8.4M
Q3 24
$-14.5M
$11.1M
Q2 24
$14.5M
$7.4M
Free Cash Flow
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
$58.2M
$10.1M
Q3 25
$35.4M
$7.6M
Q2 25
$4.5M
$6.0M
Q1 25
$-727.0K
$1.5M
Q4 24
$55.4M
$7.5M
Q3 24
$-16.2M
$10.3M
Q2 24
$13.2M
$6.8M
FCF Margin
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
85.5%
29.9%
Q3 25
54.1%
22.4%
Q2 25
7.3%
16.8%
Q1 25
-1.2%
4.2%
Q4 24
116.4%
22.3%
Q3 24
-36.0%
29.4%
Q2 24
30.8%
20.0%
Capex Intensity
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
8.4%
4.1%
Q3 25
1.1%
1.6%
Q2 25
2.4%
2.9%
Q1 25
2.9%
2.1%
Q4 24
11.7%
2.5%
Q3 24
3.8%
2.4%
Q2 24
3.0%
1.9%
Cash Conversion
CAC
CAC
SPOK
SPOK
Q1 26
Q4 25
2.83×
3.93×
Q3 25
1.70×
2.54×
Q2 25
0.43×
1.55×
Q1 25
0.14×
0.43×
Q4 24
4.15×
2.31×
Q3 24
-1.11×
3.03×
Q2 24
1.21×
2.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

SPOK
SPOK

Paging$16.8M50%
Software Operations$16.0M47%
License$1.2M4%

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