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Side-by-side financial comparison of Spok Holdings, Inc (SPOK) and TELUS CORP (TU). Click either name above to swap in a different company.

TELUS CORP is the larger business by last-quarter revenue ($3.7B vs $33.9M, roughly 109.6× Spok Holdings, Inc). Spok Holdings, Inc runs the higher net margin — 8.7% vs -4.8%, a 13.5% gap on every dollar of revenue. On growth, TELUS CORP posted the faster year-over-year revenue change (2.2% vs -0.1%).

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.

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

SPOK vs TU — Head-to-Head

Bigger by revenue
TU
TU
109.6× larger
TU
$3.7B
$33.9M
SPOK
Growing faster (revenue YoY)
TU
TU
+2.3% gap
TU
2.2%
-0.1%
SPOK
Higher net margin
SPOK
SPOK
13.5% more per $
SPOK
8.7%
-4.8%
TU

Income Statement — Q4 2025 vs Q2 2025

Metric
SPOK
SPOK
TU
TU
Revenue
$33.9M
$3.7B
Net Profit
$2.9M
$-178.8M
Gross Margin
76.7%
90.2%
Operating Margin
11.6%
3.4%
Net Margin
8.7%
-4.8%
Revenue YoY
-0.1%
2.2%
Net Profit YoY
-19.6%
-210.9%
EPS (diluted)
$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
SPOK
SPOK
TU
TU
Q4 25
$33.9M
Q3 25
$33.9M
Q2 25
$35.7M
$3.7B
Q1 25
$36.3M
Q4 24
$33.9M
Q3 24
$34.9M
Q2 24
$34.0M
$3.6B
Q1 24
$34.9M
Net Profit
SPOK
SPOK
TU
TU
Q4 25
$2.9M
Q3 25
$3.2M
Q2 25
$4.6M
$-178.8M
Q1 25
$5.2M
Q4 24
$3.6M
Q3 24
$3.7M
Q2 24
$3.4M
$161.3M
Q1 24
$4.2M
Gross Margin
SPOK
SPOK
TU
TU
Q4 25
76.7%
Q3 25
78.3%
Q2 25
79.5%
90.2%
Q1 25
80.1%
Q4 24
78.5%
Q3 24
79.5%
Q2 24
78.9%
87.9%
Q1 24
79.5%
Operating Margin
SPOK
SPOK
TU
TU
Q4 25
11.6%
Q3 25
12.9%
Q2 25
15.1%
3.4%
Q1 25
16.6%
Q4 24
13.7%
Q3 24
14.2%
Q2 24
13.2%
13.7%
Q1 24
14.0%
Net Margin
SPOK
SPOK
TU
TU
Q4 25
8.7%
Q3 25
9.5%
Q2 25
12.8%
-4.8%
Q1 25
14.3%
Q4 24
10.8%
Q3 24
10.5%
Q2 24
10.1%
4.4%
Q1 24
12.1%
EPS (diluted)
SPOK
SPOK
TU
TU
Q4 25
$0.13
Q3 25
$0.15
Q2 25
$0.22
Q1 25
$0.25
Q4 24
$0.17
Q3 24
$0.18
Q2 24
$0.17
Q1 24
$0.21

Balance Sheet & Financial Strength

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

Metric
SPOK
SPOK
TU
TU
Cash + ST InvestmentsLiquidity on hand
$25.3M
$2.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$146.4M
$11.8B
Total Assets
$206.1M
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPOK
SPOK
TU
TU
Q4 25
$25.3M
Q3 25
$21.4M
Q2 25
$20.2M
$2.7B
Q1 25
$19.9M
Q4 24
$29.1M
Q3 24
$27.8M
Q2 24
$23.9M
$676.7M
Q1 24
$23.3M
Stockholders' Equity
SPOK
SPOK
TU
TU
Q4 25
$146.4M
Q3 25
$148.7M
Q2 25
$150.9M
$11.8B
Q1 25
$151.7M
Q4 24
$154.7M
Q3 24
$156.3M
Q2 24
$158.2M
$12.4B
Q1 24
$160.2M
Total Assets
SPOK
SPOK
TU
TU
Q4 25
$206.1M
Q3 25
$209.7M
Q2 25
$208.7M
$44.3B
Q1 25
$204.5M
Q4 24
$217.1M
Q3 24
$216.8M
Q2 24
$216.4M
$41.8B
Q1 24
$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
SPOK
SPOK
TU
TU
Operating Cash FlowLast quarter
$11.5M
$851.2M
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
SPOK
SPOK
TU
TU
Q4 25
$11.5M
Q3 25
$8.1M
Q2 25
$7.0M
$851.2M
Q1 25
$2.3M
Q4 24
$8.4M
Q3 24
$11.1M
Q2 24
$7.4M
$1.0B
Q1 24
$2.0M
Free Cash Flow
SPOK
SPOK
TU
TU
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
SPOK
SPOK
TU
TU
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
SPOK
SPOK
TU
TU
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
SPOK
SPOK
TU
TU
Q4 25
3.93×
Q3 25
2.54×
Q2 25
1.55×
Q1 25
0.43×
Q4 24
2.31×
Q3 24
3.03×
Q2 24
2.17×
6.28×
Q1 24
0.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SPOK
SPOK

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

TU
TU

Segment breakdown not available.

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