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Side-by-side financial comparison of KAMADA LTD (KMDA) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
KAMADA LTD is the larger business by last-quarter revenue ($47.0M vs $33.9M, roughly 1.4× Spok Holdings, Inc). KAMADA LTD runs the higher net margin — 11.3% vs 8.7%, a 2.6% gap on every dollar of revenue. On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs -0.1%). Over the past eight quarters, KAMADA LTD's revenue compounded faster (12.0% CAGR vs -1.5%).
Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.
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.
KMDA vs SPOK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.0M | $33.9M |
| Net Profit | $5.3M | $2.9M |
| Gross Margin | 42.0% | 76.7% |
| Operating Margin | 16.6% | 11.6% |
| Net Margin | 11.3% | 8.7% |
| Revenue YoY | 12.6% | -0.1% |
| Net Profit YoY | 37.1% | -19.6% |
| EPS (diluted) | $0.09 | $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 | $47.0M | $33.9M | ||
| Q2 25 | $44.8M | $35.7M | ||
| Q1 25 | $44.0M | $36.3M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $41.7M | $34.9M | ||
| Q2 24 | $42.5M | $34.0M | ||
| Q1 24 | $37.7M | $34.9M |
| Q4 25 | — | $2.9M | ||
| Q3 25 | $5.3M | $3.2M | ||
| Q2 25 | $7.4M | $4.6M | ||
| Q1 25 | $4.0M | $5.2M | ||
| Q4 24 | — | $3.6M | ||
| Q3 24 | $3.9M | $3.7M | ||
| Q2 24 | $4.4M | $3.4M | ||
| Q1 24 | $2.4M | $4.2M |
| Q4 25 | — | 76.7% | ||
| Q3 25 | 42.0% | 78.3% | ||
| Q2 25 | 42.3% | 79.5% | ||
| Q1 25 | 47.1% | 80.1% | ||
| Q4 24 | — | 78.5% | ||
| Q3 24 | 41.3% | 79.5% | ||
| Q2 24 | 44.6% | 78.9% | ||
| Q1 24 | 44.4% | 79.5% |
| Q4 25 | — | 11.6% | ||
| Q3 25 | 16.6% | 12.9% | ||
| Q2 25 | 15.8% | 15.1% | ||
| Q1 25 | 17.7% | 16.6% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | 12.7% | 14.2% | ||
| Q2 24 | 13.3% | 13.2% | ||
| Q1 24 | 10.7% | 14.0% |
| Q4 25 | — | 8.7% | ||
| Q3 25 | 11.3% | 9.5% | ||
| Q2 25 | 16.5% | 12.8% | ||
| Q1 25 | 9.0% | 14.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | 9.3% | 10.5% | ||
| Q2 24 | 10.4% | 10.1% | ||
| Q1 24 | 6.3% | 12.1% |
| Q4 25 | — | $0.13 | ||
| Q3 25 | $0.09 | $0.15 | ||
| Q2 25 | $0.13 | $0.22 | ||
| Q1 25 | $0.07 | $0.25 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | $0.07 | $0.18 | ||
| Q2 24 | $0.08 | $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 | $72.0M | $25.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $265.2M | $146.4M |
| Total Assets | $377.2M | $206.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $25.3M | ||
| Q3 25 | $72.0M | $21.4M | ||
| Q2 25 | $66.0M | $20.2M | ||
| Q1 25 | $76.3M | $19.9M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | $72.0M | $27.8M | ||
| Q2 24 | $56.5M | $23.9M | ||
| Q1 24 | $48.2M | $23.3M |
| Q4 25 | — | $146.4M | ||
| Q3 25 | $265.2M | $148.7M | ||
| Q2 25 | $260.0M | $150.9M | ||
| Q1 25 | $252.0M | $151.7M | ||
| Q4 24 | — | $154.7M | ||
| Q3 24 | $255.3M | $156.3M | ||
| Q2 24 | $251.2M | $158.2M | ||
| Q1 24 | $251.2M | $160.2M |
| Q4 25 | — | $206.1M | ||
| Q3 25 | $377.2M | $209.7M | ||
| Q2 25 | $368.2M | $208.7M | ||
| Q1 25 | $375.1M | $204.5M | ||
| Q4 24 | — | $217.1M | ||
| Q3 24 | $351.2M | $216.8M | ||
| Q2 24 | $351.0M | $216.4M | ||
| Q1 24 | $343.2M | $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 | $10.4M | $11.5M |
| Free Cash FlowOCF − Capex | — | $10.1M |
| FCF MarginFCF / Revenue | — | 29.9% |
| Capex IntensityCapex / Revenue | — | 4.1% |
| Cash ConversionOCF / Net Profit | 1.97× | 3.93× |
| TTM Free Cash FlowTrailing 4 quarters | — | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $11.5M | ||
| Q3 25 | $10.4M | $8.1M | ||
| Q2 25 | $8.0M | $7.0M | ||
| Q1 25 | $-513.0K | $2.3M | ||
| Q4 24 | — | $8.4M | ||
| Q3 24 | $22.2M | $11.1M | ||
| Q2 24 | $14.0M | $7.4M | ||
| Q1 24 | $1.0M | $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 | — | 1.6% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 2.5% |
| Q4 25 | — | 3.93× | ||
| Q3 25 | 1.97× | 2.54× | ||
| Q2 25 | 1.09× | 1.55× | ||
| Q1 25 | -0.13× | 0.43× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | 5.75× | 3.03× | ||
| Q2 24 | 3.15× | 2.17× | ||
| Q1 24 | 0.43× | 0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KMDA
Segment breakdown not available.
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
