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Side-by-side financial comparison of FINANCIAL INSTITUTIONS INC (FISI) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
FINANCIAL INSTITUTIONS INC is the larger business by last-quarter revenue ($62.7M vs $33.9M, roughly 1.9× Spok Holdings, Inc). FINANCIAL INSTITUTIONS INC runs the higher net margin — 33.5% vs 8.7%, a 24.8% gap on every dollar of revenue. Over the past eight quarters, Spok Holdings, Inc's revenue compounded faster (-1.5% CAGR vs -2.0%).
The Mizuho Financial Group, Inc. , known from 2000 to 2003 as Mizuho Holdings and abbreviated as MHFG or simply Mizuho, is a Japanese banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The group was formed in 2000–2002 by merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The name mizuho (瑞穂) literally means "abundant rice" in Japanese and "harvest" in the figurative sense.
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.
FISI vs SPOK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.7M | $33.9M |
| Net Profit | $21.0M | $2.9M |
| Gross Margin | — | 76.7% |
| Operating Margin | — | 11.6% |
| Net Margin | 33.5% | 8.7% |
| Revenue YoY | — | -0.1% |
| Net Profit YoY | 24.3% | -19.6% |
| EPS (diluted) | $1.04 | $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.
| Q1 26 | $62.7M | — | ||
| Q4 25 | $64.1M | $33.9M | ||
| Q3 25 | $63.8M | $33.9M | ||
| Q2 25 | $59.7M | $35.7M | ||
| Q1 25 | $57.2M | $36.3M | ||
| Q4 24 | $41.6M | $33.9M | ||
| Q3 24 | $50.1M | $34.9M | ||
| Q2 24 | $65.2M | $34.0M |
| Q1 26 | $21.0M | — | ||
| Q4 25 | $20.0M | $2.9M | ||
| Q3 25 | $20.5M | $3.2M | ||
| Q2 25 | $17.5M | $4.6M | ||
| Q1 25 | $16.9M | $5.2M | ||
| Q4 24 | $-82.8M | $3.6M | ||
| Q3 24 | $13.5M | $3.7M | ||
| Q2 24 | $25.6M | $3.4M |
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | 37.4% | 11.6% | ||
| Q3 25 | 39.5% | 12.9% | ||
| Q2 25 | 36.0% | 15.1% | ||
| Q1 25 | 36.0% | 16.6% | ||
| Q4 24 | -276.9% | 13.7% | ||
| Q3 24 | 29.0% | 14.2% | ||
| Q2 24 | 46.2% | 13.2% |
| Q1 26 | 33.5% | — | ||
| Q4 25 | 38.3% | 8.7% | ||
| Q3 25 | 32.1% | 9.5% | ||
| Q2 25 | 29.3% | 12.8% | ||
| Q1 25 | 29.5% | 14.3% | ||
| Q4 24 | -198.9% | 10.8% | ||
| Q3 24 | 26.9% | 10.5% | ||
| Q2 24 | 39.3% | 10.1% |
| Q1 26 | $1.04 | — | ||
| Q4 25 | $0.96 | $0.13 | ||
| Q3 25 | $0.99 | $0.15 | ||
| Q2 25 | $0.85 | $0.22 | ||
| Q1 25 | $0.81 | $0.25 | ||
| Q4 24 | $-5.32 | $0.17 | ||
| Q3 24 | $0.84 | $0.18 | ||
| Q2 24 | $1.62 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $85.5M | $25.3M |
| Total DebtLower is stronger | $114.0M | — |
| Stockholders' EquityBook value | — | $146.4M |
| Total Assets | $6.3B | $206.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $85.5M | — | ||
| Q4 25 | $108.8M | $25.3M | ||
| Q3 25 | $185.9M | $21.4M | ||
| Q2 25 | $93.0M | $20.2M | ||
| Q1 25 | $167.4M | $19.9M | ||
| Q4 24 | $87.3M | $29.1M | ||
| Q3 24 | — | $27.8M | ||
| Q2 24 | — | $23.9M |
| Q1 26 | $114.0M | — | ||
| Q4 25 | $193.7M | — | ||
| Q3 25 | $115.0M | — | ||
| Q2 25 | $115.0M | — | ||
| Q1 25 | $124.9M | — | ||
| Q4 24 | $124.8M | — | ||
| Q3 24 | $124.8M | — | ||
| Q2 24 | $124.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | $628.9M | $146.4M | ||
| Q3 25 | $621.7M | $148.7M | ||
| Q2 25 | $601.7M | $150.9M | ||
| Q1 25 | $589.9M | $151.7M | ||
| Q4 24 | $569.0M | $154.7M | ||
| Q3 24 | $500.3M | $156.3M | ||
| Q2 24 | $467.7M | $158.2M |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $206.1M | ||
| Q3 25 | $6.3B | $209.7M | ||
| Q2 25 | $6.1B | $208.7M | ||
| Q1 25 | $6.3B | $204.5M | ||
| Q4 24 | $6.1B | $217.1M | ||
| Q3 24 | $6.2B | $216.8M | ||
| Q2 24 | $6.1B | $216.4M |
| Q1 26 | — | — | ||
| Q4 25 | 0.31× | — | ||
| Q3 25 | 0.18× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 0.27× | — |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $18.8M | $11.5M | ||
| Q3 25 | $-6.9M | $8.1M | ||
| Q2 25 | $-5.7M | $7.0M | ||
| Q1 25 | $10.0M | $2.3M | ||
| Q4 24 | $77.1M | $8.4M | ||
| Q3 24 | $2.1M | $11.1M | ||
| Q2 24 | $35.7M | $7.4M |
| Q1 26 | — | — | ||
| Q4 25 | $13.3M | $10.1M | ||
| Q3 25 | $-7.9M | $7.6M | ||
| Q2 25 | $-7.3M | $6.0M | ||
| Q1 25 | $9.2M | $1.5M | ||
| Q4 24 | $72.2M | $7.5M | ||
| Q3 24 | $-299.0K | $10.3M | ||
| Q2 24 | $34.7M | $6.8M |
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 29.9% | ||
| Q3 25 | -12.4% | 22.4% | ||
| Q2 25 | -12.3% | 16.8% | ||
| Q1 25 | 16.1% | 4.2% | ||
| Q4 24 | 173.3% | 22.3% | ||
| Q3 24 | -0.6% | 29.4% | ||
| Q2 24 | 53.3% | 20.0% |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 4.1% | ||
| Q3 25 | 1.6% | 1.6% | ||
| Q2 25 | 2.7% | 2.9% | ||
| Q1 25 | 1.4% | 2.1% | ||
| Q4 24 | 11.9% | 2.5% | ||
| Q3 24 | 4.9% | 2.4% | ||
| Q2 24 | 1.5% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | 3.93× | ||
| Q3 25 | -0.34× | 2.54× | ||
| Q2 25 | -0.33× | 1.55× | ||
| Q1 25 | 0.59× | 0.43× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | 0.16× | 3.03× | ||
| Q2 24 | 1.39× | 2.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FISI
| Net Interest Income | $52.0M | 83% |
| Noninterest Income | $10.7M | 17% |
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
