vs
Side-by-side financial comparison of Expensify, Inc. (EXFY) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
Expensify, Inc. is the larger business by last-quarter revenue ($35.2M vs $33.9M, roughly 1.0× Spok Holdings, Inc). On growth, Spok Holdings, Inc posted the faster year-over-year revenue change (-0.1% vs -4.9%). Over the past eight quarters, Expensify, Inc.'s revenue compounded faster (2.4% CAGR vs -1.5%).
Expensify, Inc. is a software company that develops an expense management system for personal and business use. Expensify also offers a business credit card called the Expensify Card.
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.
EXFY vs SPOK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $33.9M |
| Net Profit | — | $2.9M |
| Gross Margin | 49.2% | 76.7% |
| Operating Margin | -11.2% | 11.6% |
| Net Margin | — | 8.7% |
| Revenue YoY | -4.9% | -0.1% |
| Net Profit YoY | — | -19.6% |
| EPS (diluted) | $-0.07 | $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 | $35.2M | $33.9M | ||
| Q3 25 | $35.1M | $33.9M | ||
| Q2 25 | $35.8M | $35.7M | ||
| Q1 25 | $36.1M | $36.3M | ||
| Q4 24 | $37.0M | $33.9M | ||
| Q3 24 | $35.4M | $34.9M | ||
| Q2 24 | $33.3M | $34.0M | ||
| Q1 24 | $33.5M | $34.9M |
| Q4 25 | — | $2.9M | ||
| Q3 25 | $-2.3M | $3.2M | ||
| Q2 25 | $-8.8M | $4.6M | ||
| Q1 25 | $-3.2M | $5.2M | ||
| Q4 24 | — | $3.6M | ||
| Q3 24 | $-2.2M | $3.7M | ||
| Q2 24 | $-2.8M | $3.4M | ||
| Q1 24 | $-3.8M | $4.2M |
| Q4 25 | 49.2% | 76.7% | ||
| Q3 25 | 49.6% | 78.3% | ||
| Q2 25 | 51.9% | 79.5% | ||
| Q1 25 | 50.6% | 80.1% | ||
| Q4 24 | 51.0% | 78.5% | ||
| Q3 24 | 51.6% | 79.5% | ||
| Q2 24 | 56.9% | 78.9% | ||
| Q1 24 | 56.5% | 79.5% |
| Q4 25 | -11.2% | 11.6% | ||
| Q3 25 | -6.4% | 12.9% | ||
| Q2 25 | -28.9% | 15.1% | ||
| Q1 25 | -4.1% | 16.6% | ||
| Q4 24 | 1.3% | 13.7% | ||
| Q3 24 | 0.8% | 14.2% | ||
| Q2 24 | 0.7% | 13.2% | ||
| Q1 24 | -5.3% | 14.0% |
| Q4 25 | — | 8.7% | ||
| Q3 25 | -6.6% | 9.5% | ||
| Q2 25 | -24.6% | 12.8% | ||
| Q1 25 | -8.8% | 14.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | -6.2% | 10.5% | ||
| Q2 24 | -8.3% | 10.1% | ||
| Q1 24 | -11.3% | 12.1% |
| Q4 25 | $-0.07 | $0.13 | ||
| Q3 25 | $-0.03 | $0.15 | ||
| Q2 25 | $-0.10 | $0.22 | ||
| Q1 25 | $-0.03 | $0.25 | ||
| Q4 24 | $-0.03 | $0.17 | ||
| Q3 24 | $-0.02 | $0.18 | ||
| Q2 24 | $-0.03 | $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 | $63.1M | $25.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $132.7M | $146.4M |
| Total Assets | $186.0M | $206.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.1M | $25.3M | ||
| Q3 25 | $61.5M | $21.4M | ||
| Q2 25 | $60.5M | $20.2M | ||
| Q1 25 | $59.6M | $19.9M | ||
| Q4 24 | $48.8M | $29.1M | ||
| Q3 24 | $39.2M | $27.8M | ||
| Q2 24 | $53.2M | $23.9M | ||
| Q1 24 | $49.3M | $23.3M |
| Q4 25 | $132.7M | $146.4M | ||
| Q3 25 | $135.7M | $148.7M | ||
| Q2 25 | $131.8M | $150.9M | ||
| Q1 25 | $134.7M | $151.7M | ||
| Q4 24 | $128.2M | $154.7M | ||
| Q3 24 | $119.9M | $156.3M | ||
| Q2 24 | $114.0M | $158.2M | ||
| Q1 24 | $106.5M | $160.2M |
| Q4 25 | $186.0M | $206.1M | ||
| Q3 25 | $186.8M | $209.7M | ||
| Q2 25 | $187.1M | $208.7M | ||
| Q1 25 | $189.2M | $204.5M | ||
| Q4 24 | $173.7M | $217.1M | ||
| Q3 24 | $176.2M | $216.8M | ||
| Q2 24 | $192.9M | $216.4M | ||
| Q1 24 | $184.8M | $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 | $2.2M | $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.
| Q4 25 | $2.2M | $11.5M | ||
| Q3 25 | $4.2M | $8.1M | ||
| Q2 25 | $8.9M | $7.0M | ||
| Q1 25 | $4.8M | $2.3M | ||
| Q4 24 | $7.4M | $8.4M | ||
| Q3 24 | $3.7M | $11.1M | ||
| Q2 24 | $9.3M | $7.4M | ||
| Q1 24 | $3.5M | $2.0M |
| Q4 25 | — | $10.1M | ||
| Q3 25 | — | $7.6M | ||
| Q2 25 | — | $6.0M | ||
| Q1 25 | — | $1.5M | ||
| Q4 24 | — | $7.5M | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $6.8M | ||
| Q1 24 | — | $1.1M |
| Q4 25 | — | 29.9% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | 0.0% | 1.6% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | 0.0% | 2.5% | ||
| Q3 24 | 0.0% | 2.4% | ||
| Q2 24 | 0.0% | 1.9% | ||
| Q1 24 | 0.0% | 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
EXFY
Segment breakdown not available.
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
