vs

Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.

NACCO INDUSTRIES INC is the larger business by last-quarter revenue ($62.8M vs $33.9M, roughly 1.9× Spok Holdings, Inc). NACCO INDUSTRIES INC runs the higher net margin — 14.1% vs 8.7%, a 5.4% gap on every dollar of revenue. On growth, Spok Holdings, Inc posted the faster year-over-year revenue change (-0.1% vs -4.3%). Over the past eight quarters, NACCO INDUSTRIES INC's revenue compounded faster (9.5% CAGR vs -1.5%).

NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...

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.

NC vs SPOK — Head-to-Head

Bigger by revenue
NC
NC
1.9× larger
NC
$62.8M
$33.9M
SPOK
Growing faster (revenue YoY)
SPOK
SPOK
+4.2% gap
SPOK
-0.1%
-4.3%
NC
Higher net margin
NC
NC
5.4% more per $
NC
14.1%
8.7%
SPOK
Faster 2-yr revenue CAGR
NC
NC
Annualised
NC
9.5%
-1.5%
SPOK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NC
NC
SPOK
SPOK
Revenue
$62.8M
$33.9M
Net Profit
$8.8M
$2.9M
Gross Margin
22.8%
76.7%
Operating Margin
17.5%
11.6%
Net Margin
14.1%
8.7%
Revenue YoY
-4.3%
-0.1%
Net Profit YoY
80.0%
-19.6%
EPS (diluted)
$1.17
$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
NC
NC
SPOK
SPOK
Q1 26
$62.8M
Q4 25
$66.8M
$33.9M
Q3 25
$76.6M
$33.9M
Q2 25
$68.2M
$35.7M
Q1 25
$65.6M
$36.3M
Q4 24
$70.4M
$33.9M
Q3 24
$61.7M
$34.9M
Q2 24
$52.3M
$34.0M
Net Profit
NC
NC
SPOK
SPOK
Q1 26
$8.8M
Q4 25
$-3.8M
$2.9M
Q3 25
$13.3M
$3.2M
Q2 25
$3.3M
$4.6M
Q1 25
$4.9M
$5.2M
Q4 24
$7.6M
$3.6M
Q3 24
$15.6M
$3.7M
Q2 24
$6.0M
$3.4M
Gross Margin
NC
NC
SPOK
SPOK
Q1 26
22.8%
Q4 25
18.0%
76.7%
Q3 25
13.0%
78.3%
Q2 25
10.0%
79.5%
Q1 25
14.7%
80.1%
Q4 24
12.0%
78.5%
Q3 24
11.7%
79.5%
Q2 24
13.4%
78.9%
Operating Margin
NC
NC
SPOK
SPOK
Q1 26
17.5%
Q4 25
11.3%
11.6%
Q3 25
8.8%
12.9%
Q2 25
-0.1%
15.1%
Q1 25
11.7%
16.6%
Q4 24
5.5%
13.7%
Q3 24
31.9%
14.2%
Q2 24
14.1%
13.2%
Net Margin
NC
NC
SPOK
SPOK
Q1 26
14.1%
Q4 25
-5.8%
8.7%
Q3 25
17.3%
9.5%
Q2 25
4.8%
12.8%
Q1 25
7.5%
14.3%
Q4 24
10.7%
10.8%
Q3 24
25.4%
10.5%
Q2 24
11.4%
10.1%
EPS (diluted)
NC
NC
SPOK
SPOK
Q1 26
$1.17
Q4 25
$-0.53
$0.13
Q3 25
$1.78
$0.15
Q2 25
$0.44
$0.22
Q1 25
$0.66
$0.25
Q4 24
$0.99
$0.17
Q3 24
$2.14
$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
NC
NC
SPOK
SPOK
Cash + ST InvestmentsLiquidity on hand
$25.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$146.4M
Total Assets
$206.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NC
NC
SPOK
SPOK
Q1 26
Q4 25
$49.7M
$25.3M
Q3 25
$52.7M
$21.4M
Q2 25
$49.4M
$20.2M
Q1 25
$61.9M
$19.9M
Q4 24
$72.8M
$29.1M
Q3 24
$63.1M
$27.8M
Q2 24
$62.4M
$23.9M
Total Debt
NC
NC
SPOK
SPOK
Q1 26
Q4 25
$100.8M
Q3 25
Q2 25
Q1 25
Q4 24
$99.4M
Q3 24
Q2 24
$29.0M
Stockholders' Equity
NC
NC
SPOK
SPOK
Q1 26
Q4 25
$429.2M
$146.4M
Q3 25
$426.4M
$148.7M
Q2 25
$413.1M
$150.9M
Q1 25
$409.1M
$151.7M
Q4 24
$404.9M
$154.7M
Q3 24
$397.3M
$156.3M
Q2 24
$384.1M
$158.2M
Total Assets
NC
NC
SPOK
SPOK
Q1 26
Q4 25
$661.2M
$206.1M
Q3 25
$637.6M
$209.7M
Q2 25
$631.3M
$208.7M
Q1 25
$634.2M
$204.5M
Q4 24
$631.7M
$217.1M
Q3 24
$597.4M
$216.8M
Q2 24
$560.1M
$216.4M
Debt / Equity
NC
NC
SPOK
SPOK
Q1 26
Q4 25
0.23×
Q3 25
Q2 25
Q1 25
Q4 24
0.25×
Q3 24
Q2 24
0.08×

Cash Flow & Capital Efficiency

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

Metric
NC
NC
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
NC
NC
SPOK
SPOK
Q1 26
Q4 25
$11.4M
$11.5M
Q3 25
$42.3M
$8.1M
Q2 25
$-7.8M
$7.0M
Q1 25
$5.0M
$2.3M
Q4 24
$25.2M
$8.4M
Q3 24
$2.8M
$11.1M
Q2 24
$4.1M
$7.4M
Free Cash Flow
NC
NC
SPOK
SPOK
Q1 26
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
FCF Margin
NC
NC
SPOK
SPOK
Q1 26
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%
Capex Intensity
NC
NC
SPOK
SPOK
Q1 26
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%
Cash Conversion
NC
NC
SPOK
SPOK
Q1 26
Q4 25
3.93×
Q3 25
3.19×
2.54×
Q2 25
-2.39×
1.55×
Q1 25
1.03×
0.43×
Q4 24
3.33×
2.31×
Q3 24
0.18×
3.03×
Q2 24
0.68×
2.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NC
NC

Segment breakdown not available.

SPOK
SPOK

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

Related Comparisons