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Side-by-side financial comparison of Sila Realty Trust, Inc. (SILA) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.

Sila Realty Trust, Inc. is the larger business by last-quarter revenue ($50.1M vs $33.9M, roughly 1.5× Spok Holdings, Inc). Sila Realty Trust, Inc. runs the higher net margin — 10.0% vs 8.7%, a 1.4% gap on every dollar of revenue. On growth, Sila Realty Trust, Inc. posted the faster year-over-year revenue change (7.6% vs -0.1%). Over the past eight quarters, Sila Realty Trust, Inc.'s revenue compounded faster (-0.6% CAGR vs -1.5%).

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

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.

SILA vs SPOK — Head-to-Head

Bigger by revenue
SILA
SILA
1.5× larger
SILA
$50.1M
$33.9M
SPOK
Growing faster (revenue YoY)
SILA
SILA
+7.7% gap
SILA
7.6%
-0.1%
SPOK
Higher net margin
SILA
SILA
1.4% more per $
SILA
10.0%
8.7%
SPOK
Faster 2-yr revenue CAGR
SILA
SILA
Annualised
SILA
-0.6%
-1.5%
SPOK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SILA
SILA
SPOK
SPOK
Revenue
$50.1M
$33.9M
Net Profit
$5.0M
$2.9M
Gross Margin
88.9%
76.7%
Operating Margin
11.6%
Net Margin
10.0%
8.7%
Revenue YoY
7.6%
-0.1%
Net Profit YoY
-54.9%
-19.6%
EPS (diluted)
$0.10
$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
SILA
SILA
SPOK
SPOK
Q4 25
$50.1M
$33.9M
Q3 25
$49.8M
$33.9M
Q2 25
$48.7M
$35.7M
Q1 25
$48.3M
$36.3M
Q4 24
$46.5M
$33.9M
Q3 24
$46.1M
$34.9M
Q2 24
$43.6M
$34.0M
Q1 24
$50.6M
$34.9M
Net Profit
SILA
SILA
SPOK
SPOK
Q4 25
$5.0M
$2.9M
Q3 25
$11.6M
$3.2M
Q2 25
$8.6M
$4.6M
Q1 25
$7.9M
$5.2M
Q4 24
$11.1M
$3.6M
Q3 24
$11.9M
$3.7M
Q2 24
$4.6M
$3.4M
Q1 24
$15.0M
$4.2M
Gross Margin
SILA
SILA
SPOK
SPOK
Q4 25
88.9%
76.7%
Q3 25
88.1%
78.3%
Q2 25
87.7%
79.5%
Q1 25
86.9%
80.1%
Q4 24
87.3%
78.5%
Q3 24
87.4%
79.5%
Q2 24
86.6%
78.9%
Q1 24
89.0%
79.5%
Operating Margin
SILA
SILA
SPOK
SPOK
Q4 25
11.6%
Q3 25
12.9%
Q2 25
15.1%
Q1 25
16.6%
Q4 24
13.7%
Q3 24
14.2%
Q2 24
13.2%
Q1 24
14.0%
Net Margin
SILA
SILA
SPOK
SPOK
Q4 25
10.0%
8.7%
Q3 25
23.3%
9.5%
Q2 25
17.6%
12.8%
Q1 25
16.4%
14.3%
Q4 24
23.9%
10.8%
Q3 24
25.9%
10.5%
Q2 24
10.6%
10.1%
Q1 24
29.6%
12.1%
EPS (diluted)
SILA
SILA
SPOK
SPOK
Q4 25
$0.10
$0.13
Q3 25
$0.21
$0.15
Q2 25
$0.15
$0.22
Q1 25
$0.14
$0.25
Q4 24
$0.20
$0.17
Q3 24
$0.21
$0.18
Q2 24
$0.08
$0.17
Q1 24
$0.26
$0.21

Balance Sheet & Financial Strength

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

Metric
SILA
SILA
SPOK
SPOK
Cash + ST InvestmentsLiquidity on hand
$32.3M
$25.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$146.4M
Total Assets
$2.1B
$206.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SILA
SILA
SPOK
SPOK
Q4 25
$32.3M
$25.3M
Q3 25
$27.7M
$21.4M
Q2 25
$24.8M
$20.2M
Q1 25
$30.5M
$19.9M
Q4 24
$39.8M
$29.1M
Q3 24
$28.6M
$27.8M
Q2 24
$87.0M
$23.9M
Q1 24
$90.2M
$23.3M
Stockholders' Equity
SILA
SILA
SPOK
SPOK
Q4 25
$1.3B
$146.4M
Q3 25
$1.3B
$148.7M
Q2 25
$1.4B
$150.9M
Q1 25
$1.4B
$151.7M
Q4 24
$1.4B
$154.7M
Q3 24
$1.4B
$156.3M
Q2 24
$1.5B
$158.2M
Q1 24
$1.5B
$160.2M
Total Assets
SILA
SILA
SPOK
SPOK
Q4 25
$2.1B
$206.1M
Q3 25
$2.1B
$209.7M
Q2 25
$2.0B
$208.7M
Q1 25
$2.0B
$204.5M
Q4 24
$2.0B
$217.1M
Q3 24
$2.0B
$216.8M
Q2 24
$2.1B
$216.4M
Q1 24
$2.1B
$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
SILA
SILA
SPOK
SPOK
Operating Cash FlowLast quarter
$119.1M
$11.5M
Free Cash FlowOCF − Capex
$10.1M
FCF MarginFCF / Revenue
29.9%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
23.76×
3.93×
TTM Free Cash FlowTrailing 4 quarters
$25.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SILA
SILA
SPOK
SPOK
Q4 25
$119.1M
$11.5M
Q3 25
$30.0M
$8.1M
Q2 25
$31.9M
$7.0M
Q1 25
$24.1M
$2.3M
Q4 24
$132.8M
$8.4M
Q3 24
$29.1M
$11.1M
Q2 24
$31.6M
$7.4M
Q1 24
$36.6M
$2.0M
Free Cash Flow
SILA
SILA
SPOK
SPOK
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
FCF Margin
SILA
SILA
SPOK
SPOK
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%
Capex Intensity
SILA
SILA
SPOK
SPOK
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%
Cash Conversion
SILA
SILA
SPOK
SPOK
Q4 25
23.76×
3.93×
Q3 25
2.59×
2.54×
Q2 25
3.71×
1.55×
Q1 25
3.06×
0.43×
Q4 24
11.95×
2.31×
Q3 24
2.43×
3.03×
Q2 24
6.84×
2.17×
Q1 24
2.44×
0.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SILA
SILA

Segment breakdown not available.

SPOK
SPOK

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

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