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Side-by-side financial comparison of Elme Communities (ELME) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
Elme Communities is the larger business by last-quarter revenue ($62.1M vs $33.9M, roughly 1.8× Spok Holdings, Inc). Spok Holdings, Inc runs the higher net margin — 8.7% vs -198.9%, a 207.5% gap on every dollar of revenue. On growth, Elme Communities posted the faster year-over-year revenue change (1.7% vs -0.1%). Spok Holdings, Inc produced more free cash flow last quarter ($10.1M vs $7.2M). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs -1.5%).
Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.
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.
ELME vs SPOK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $33.9M |
| Net Profit | $-123.5M | $2.9M |
| Gross Margin | 61.1% | 76.7% |
| Operating Margin | -183.3% | 11.6% |
| Net Margin | -198.9% | 8.7% |
| Revenue YoY | 1.7% | -0.1% |
| Net Profit YoY | -4058.7% | -19.6% |
| EPS (diluted) | $-1.40 | $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.
| Q4 25 | — | $33.9M | ||
| Q3 25 | $62.1M | $33.9M | ||
| Q2 25 | $62.1M | $35.7M | ||
| Q1 25 | $61.5M | $36.3M | ||
| Q4 24 | $61.3M | $33.9M | ||
| Q3 24 | $61.1M | $34.9M | ||
| Q2 24 | $60.1M | $34.0M | ||
| Q1 24 | $59.5M | $34.9M |
| Q4 25 | — | $2.9M | ||
| Q3 25 | $-123.5M | $3.2M | ||
| Q2 25 | $-3.6M | $4.6M | ||
| Q1 25 | $-4.7M | $5.2M | ||
| Q4 24 | $-3.0M | $3.6M | ||
| Q3 24 | $-3.0M | $3.7M | ||
| Q2 24 | $-3.5M | $3.4M | ||
| Q1 24 | $-3.6M | $4.2M |
| Q4 25 | — | 76.7% | ||
| Q3 25 | 61.1% | 78.3% | ||
| Q2 25 | 63.5% | 79.5% | ||
| Q1 25 | 64.2% | 80.1% | ||
| Q4 24 | 62.9% | 78.5% | ||
| Q3 24 | 63.5% | 79.5% | ||
| Q2 24 | 63.4% | 78.9% | ||
| Q1 24 | 63.5% | 79.5% |
| Q4 25 | — | 11.6% | ||
| Q3 25 | -183.3% | 12.9% | ||
| Q2 25 | 9.6% | 15.1% | ||
| Q1 25 | 7.8% | 16.6% | ||
| Q4 24 | 10.4% | 13.7% | ||
| Q3 24 | 11.0% | 14.2% | ||
| Q2 24 | 9.8% | 13.2% | ||
| Q1 24 | 7.5% | 14.0% |
| Q4 25 | — | 8.7% | ||
| Q3 25 | -198.9% | 9.5% | ||
| Q2 25 | -5.7% | 12.8% | ||
| Q1 25 | -7.6% | 14.3% | ||
| Q4 24 | -4.9% | 10.8% | ||
| Q3 24 | -4.9% | 10.5% | ||
| Q2 24 | -5.8% | 10.1% | ||
| Q1 24 | -6.1% | 12.1% |
| Q4 25 | — | $0.13 | ||
| Q3 25 | $-1.40 | $0.15 | ||
| Q2 25 | $-0.04 | $0.22 | ||
| Q1 25 | $-0.05 | $0.25 | ||
| Q4 24 | $-0.04 | $0.17 | ||
| Q3 24 | $-0.03 | $0.18 | ||
| Q2 24 | $-0.04 | $0.17 | ||
| Q1 24 | $-0.04 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.1M | $25.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $908.9M | $146.4M |
| Total Assets | $1.7B | $206.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $25.3M | ||
| Q3 25 | $7.1M | $21.4M | ||
| Q2 25 | $4.8M | $20.2M | ||
| Q1 25 | $6.4M | $19.9M | ||
| Q4 24 | $6.1M | $29.1M | ||
| Q3 24 | $4.8M | $27.8M | ||
| Q2 24 | $5.6M | $23.9M | ||
| Q1 24 | $4.2M | $23.3M |
| Q4 25 | — | $146.4M | ||
| Q3 25 | $908.9M | $148.7M | ||
| Q2 25 | $1.0B | $150.9M | ||
| Q1 25 | $1.1B | $151.7M | ||
| Q4 24 | $1.1B | $154.7M | ||
| Q3 24 | $1.1B | $156.3M | ||
| Q2 24 | $1.1B | $158.2M | ||
| Q1 24 | $1.1B | $160.2M |
| Q4 25 | — | $206.1M | ||
| Q3 25 | $1.7B | $209.7M | ||
| Q2 25 | $1.8B | $208.7M | ||
| Q1 25 | $1.8B | $204.5M | ||
| Q4 24 | $1.8B | $217.1M | ||
| Q3 24 | $1.9B | $216.8M | ||
| Q2 24 | $1.9B | $216.4M | ||
| Q1 24 | $1.9B | $215.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.9M | $11.5M |
| Free Cash FlowOCF − Capex | $7.2M | $10.1M |
| FCF MarginFCF / Revenue | 11.6% | 29.9% |
| Capex IntensityCapex / Revenue | 14.0% | 4.1% |
| Cash ConversionOCF / Net Profit | — | 3.93× |
| TTM Free Cash FlowTrailing 4 quarters | $86.7M | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $11.5M | ||
| Q3 25 | $15.9M | $8.1M | ||
| Q2 25 | $29.8M | $7.0M | ||
| Q1 25 | $16.2M | $2.3M | ||
| Q4 24 | $95.2M | $8.4M | ||
| Q3 24 | $20.7M | $11.1M | ||
| Q2 24 | $28.9M | $7.4M | ||
| Q1 24 | $21.2M | $2.0M |
| Q4 25 | — | $10.1M | ||
| Q3 25 | $7.2M | $7.6M | ||
| Q2 25 | $21.1M | $6.0M | ||
| Q1 25 | $10.5M | $1.5M | ||
| Q4 24 | $47.9M | $7.5M | ||
| Q3 24 | $8.8M | $10.3M | ||
| Q2 24 | $21.0M | $6.8M | ||
| Q1 24 | $7.6M | $1.1M |
| Q4 25 | — | 29.9% | ||
| Q3 25 | 11.6% | 22.4% | ||
| Q2 25 | 34.1% | 16.8% | ||
| Q1 25 | 17.1% | 4.2% | ||
| Q4 24 | 78.1% | 22.3% | ||
| Q3 24 | 14.4% | 29.4% | ||
| Q2 24 | 34.9% | 20.0% | ||
| Q1 24 | 12.8% | 3.2% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | 14.0% | 1.6% | ||
| Q2 25 | 14.0% | 2.9% | ||
| Q1 25 | 9.2% | 2.1% | ||
| Q4 24 | 77.4% | 2.5% | ||
| Q3 24 | 19.4% | 2.4% | ||
| Q2 24 | 13.1% | 1.9% | ||
| Q1 24 | 22.9% | 2.5% |
| Q4 25 | — | 3.93× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 3.03× | ||
| Q2 24 | — | 2.17× | ||
| Q1 24 | — | 0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELME
| Residential Segment | $57.7M | 93% |
| Other | $4.4M | 7% |
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
