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

SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $33.9M, roughly 1.2× Spok Holdings, Inc). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs 8.7%, a 46.3% gap on every dollar of revenue. On growth, SANDRIDGE ENERGY INC posted the faster year-over-year revenue change (1.1% vs -0.1%). SANDRIDGE ENERGY INC produced more free cash flow last quarter ($14.4M vs $10.1M). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% CAGR vs -1.5%).

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

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.

SD vs SPOK — Head-to-Head

Bigger by revenue
SD
SD
1.2× larger
SD
$39.4M
$33.9M
SPOK
Growing faster (revenue YoY)
SD
SD
+1.2% gap
SD
1.1%
-0.1%
SPOK
Higher net margin
SD
SD
46.3% more per $
SD
54.9%
8.7%
SPOK
More free cash flow
SD
SD
$4.3M more FCF
SD
$14.4M
$10.1M
SPOK
Faster 2-yr revenue CAGR
SD
SD
Annualised
SD
14.1%
-1.5%
SPOK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SD
SD
SPOK
SPOK
Revenue
$39.4M
$33.9M
Net Profit
$21.6M
$2.9M
Gross Margin
76.7%
Operating Margin
38.5%
11.6%
Net Margin
54.9%
8.7%
Revenue YoY
1.1%
-0.1%
Net Profit YoY
23.1%
-19.6%
EPS (diluted)
$0.59
$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
SD
SD
SPOK
SPOK
Q4 25
$39.4M
$33.9M
Q3 25
$39.8M
$33.9M
Q2 25
$34.5M
$35.7M
Q1 25
$42.6M
$36.3M
Q4 24
$39.0M
$33.9M
Q3 24
$30.1M
$34.9M
Q2 24
$26.0M
$34.0M
Q1 24
$30.3M
$34.9M
Net Profit
SD
SD
SPOK
SPOK
Q4 25
$21.6M
$2.9M
Q3 25
$16.0M
$3.2M
Q2 25
$19.6M
$4.6M
Q1 25
$13.0M
$5.2M
Q4 24
$17.6M
$3.6M
Q3 24
$25.5M
$3.7M
Q2 24
$8.8M
$3.4M
Q1 24
$11.1M
$4.2M
Gross Margin
SD
SD
SPOK
SPOK
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 24
79.5%
Operating Margin
SD
SD
SPOK
SPOK
Q4 25
38.5%
11.6%
Q3 25
37.8%
12.9%
Q2 25
53.7%
15.1%
Q1 25
28.6%
16.6%
Q4 24
25.9%
13.7%
Q3 24
28.3%
14.2%
Q2 24
23.9%
13.2%
Q1 24
27.8%
14.0%
Net Margin
SD
SD
SPOK
SPOK
Q4 25
54.9%
8.7%
Q3 25
40.1%
9.5%
Q2 25
56.6%
12.8%
Q1 25
30.6%
14.3%
Q4 24
45.1%
10.8%
Q3 24
84.8%
10.5%
Q2 24
33.9%
10.1%
Q1 24
36.7%
12.1%
EPS (diluted)
SD
SD
SPOK
SPOK
Q4 25
$0.59
$0.13
Q3 25
$0.43
$0.15
Q2 25
$0.53
$0.22
Q1 25
$0.35
$0.25
Q4 24
$0.46
$0.17
Q3 24
$0.69
$0.18
Q2 24
$0.24
$0.17
Q1 24
$0.30
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SD
SD
SPOK
SPOK
Cash + ST InvestmentsLiquidity on hand
$111.0M
$25.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$510.9M
$146.4M
Total Assets
$644.0M
$206.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SD
SD
SPOK
SPOK
Q4 25
$111.0M
$25.3M
Q3 25
$101.2M
$21.4M
Q2 25
$102.8M
$20.2M
Q1 25
$99.7M
$19.9M
Q4 24
$98.1M
$29.1M
Q3 24
$92.7M
$27.8M
Q2 24
$209.9M
$23.9M
Q1 24
$207.0M
$23.3M
Stockholders' Equity
SD
SD
SPOK
SPOK
Q4 25
$510.9M
$146.4M
Q3 25
$492.4M
$148.7M
Q2 25
$480.2M
$150.9M
Q1 25
$464.9M
$151.7M
Q4 24
$460.5M
$154.7M
Q3 24
$446.8M
$156.3M
Q2 24
$424.8M
$158.2M
Q1 24
$419.7M
$160.2M
Total Assets
SD
SD
SPOK
SPOK
Q4 25
$644.0M
$206.1M
Q3 25
$619.0M
$209.7M
Q2 25
$602.3M
$208.7M
Q1 25
$588.3M
$204.5M
Q4 24
$581.5M
$217.1M
Q3 24
$565.2M
$216.8M
Q2 24
$529.6M
$216.4M
Q1 24
$527.4M
$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
SD
SD
SPOK
SPOK
Operating Cash FlowLast quarter
$31.7M
$11.5M
Free Cash FlowOCF − Capex
$14.4M
$10.1M
FCF MarginFCF / Revenue
36.6%
29.9%
Capex IntensityCapex / Revenue
43.8%
4.1%
Cash ConversionOCF / Net Profit
1.46×
3.93×
TTM Free Cash FlowTrailing 4 quarters
$41.5M
$25.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SD
SD
SPOK
SPOK
Q4 25
$31.7M
$11.5M
Q3 25
$25.3M
$8.1M
Q2 25
$22.9M
$7.0M
Q1 25
$20.3M
$2.3M
Q4 24
$26.0M
$8.4M
Q3 24
$20.8M
$11.1M
Q2 24
$11.4M
$7.4M
Q1 24
$15.7M
$2.0M
Free Cash Flow
SD
SD
SPOK
SPOK
Q4 25
$14.4M
$10.1M
Q3 25
$5.9M
$7.6M
Q2 25
$7.3M
$6.0M
Q1 25
$13.9M
$1.5M
Q4 24
$13.2M
$7.5M
Q3 24
$10.8M
$10.3M
Q2 24
$9.0M
$6.8M
Q1 24
$14.6M
$1.1M
FCF Margin
SD
SD
SPOK
SPOK
Q4 25
36.6%
29.9%
Q3 25
14.9%
22.4%
Q2 25
21.0%
16.8%
Q1 25
32.7%
4.2%
Q4 24
33.8%
22.3%
Q3 24
36.1%
29.4%
Q2 24
34.5%
20.0%
Q1 24
48.1%
3.2%
Capex Intensity
SD
SD
SPOK
SPOK
Q4 25
43.8%
4.1%
Q3 25
48.6%
1.6%
Q2 25
45.2%
2.9%
Q1 25
15.0%
2.1%
Q4 24
32.9%
2.5%
Q3 24
33.3%
2.4%
Q2 24
9.4%
1.9%
Q1 24
3.7%
2.5%
Cash Conversion
SD
SD
SPOK
SPOK
Q4 25
1.46×
3.93×
Q3 25
1.58×
2.54×
Q2 25
1.17×
1.55×
Q1 25
1.56×
0.43×
Q4 24
1.48×
2.31×
Q3 24
0.82×
3.03×
Q2 24
1.30×
2.17×
Q1 24
1.41×
0.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

SPOK
SPOK

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

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