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Side-by-side financial comparison of Spok Holdings, Inc (SPOK) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $33.9M, roughly 1.0× Spok Holdings, Inc). UNITY BANCORP INC runs the higher net margin — 43.9% vs 8.7%, a 35.2% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -0.1%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $10.1M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs -1.5%).
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.
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
SPOK vs UNTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $33.9M | $35.3M |
| Net Profit | $2.9M | $15.5M |
| Gross Margin | 76.7% | — |
| Operating Margin | 11.6% | 55.8% |
| Net Margin | 8.7% | 43.9% |
| Revenue YoY | -0.1% | 24.2% |
| Net Profit YoY | -19.6% | 34.5% |
| EPS (diluted) | $0.13 | $1.52 |
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 | $35.3M | ||
| Q3 25 | $33.9M | $32.8M | ||
| Q2 25 | $35.7M | $34.4M | ||
| Q1 25 | $36.3M | $29.4M | ||
| Q4 24 | $33.9M | $28.4M | ||
| Q3 24 | $34.9M | $27.7M | ||
| Q2 24 | $34.0M | $25.5M | ||
| Q1 24 | $34.9M | $25.6M |
| Q4 25 | $2.9M | $15.5M | ||
| Q3 25 | $3.2M | $14.4M | ||
| Q2 25 | $4.6M | $16.5M | ||
| Q1 25 | $5.2M | $11.6M | ||
| Q4 24 | $3.6M | $11.5M | ||
| Q3 24 | $3.7M | $10.9M | ||
| Q2 24 | $3.4M | $9.5M | ||
| Q1 24 | $4.2M | $9.6M |
| 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% | — |
| Q4 25 | 11.6% | 55.8% | ||
| Q3 25 | 12.9% | 57.5% | ||
| Q2 25 | 15.1% | 62.6% | ||
| Q1 25 | 16.6% | 52.6% | ||
| Q4 24 | 13.7% | 51.0% | ||
| Q3 24 | 14.2% | 52.7% | ||
| Q2 24 | 13.2% | 49.3% | ||
| Q1 24 | 14.0% | 50.0% |
| Q4 25 | 8.7% | 43.9% | ||
| Q3 25 | 9.5% | 43.8% | ||
| Q2 25 | 12.8% | 48.0% | ||
| Q1 25 | 14.3% | 39.5% | ||
| Q4 24 | 10.8% | 40.5% | ||
| Q3 24 | 10.5% | 39.4% | ||
| Q2 24 | 10.1% | 37.1% | ||
| Q1 24 | 12.1% | 37.5% |
| Q4 25 | $0.13 | $1.52 | ||
| Q3 25 | $0.15 | $1.41 | ||
| Q2 25 | $0.22 | $1.61 | ||
| Q1 25 | $0.25 | $1.13 | ||
| Q4 24 | $0.17 | $1.13 | ||
| Q3 24 | $0.18 | $1.07 | ||
| Q2 24 | $0.17 | $0.92 | ||
| Q1 24 | $0.21 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $25.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $146.4M | $345.6M |
| Total Assets | $206.1M | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $25.3M | — | ||
| Q3 25 | $21.4M | — | ||
| Q2 25 | $20.2M | — | ||
| Q1 25 | $19.9M | — | ||
| Q4 24 | $29.1M | — | ||
| Q3 24 | $27.8M | — | ||
| Q2 24 | $23.9M | — | ||
| Q1 24 | $23.3M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $230.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $146.4M | $345.6M | ||
| Q3 25 | $148.7M | $334.0M | ||
| Q2 25 | $150.9M | $319.8M | ||
| Q1 25 | $151.7M | $306.1M | ||
| Q4 24 | $154.7M | $295.6M | ||
| Q3 24 | $156.3M | $284.3M | ||
| Q2 24 | $158.2M | $273.4M | ||
| Q1 24 | $160.2M | $266.8M |
| Q4 25 | $206.1M | $3.0B | ||
| Q3 25 | $209.7M | $2.9B | ||
| Q2 25 | $208.7M | $2.9B | ||
| Q1 25 | $204.5M | $2.8B | ||
| Q4 24 | $217.1M | $2.7B | ||
| Q3 24 | $216.8M | $2.6B | ||
| Q2 24 | $216.4M | $2.6B | ||
| Q1 24 | $215.0M | $2.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $11.5M | $44.9M |
| Free Cash FlowOCF − Capex | $10.1M | $44.3M |
| FCF MarginFCF / Revenue | 29.9% | 125.7% |
| Capex IntensityCapex / Revenue | 4.1% | 1.6% |
| Cash ConversionOCF / Net Profit | 3.93× | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | $25.2M | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.5M | $44.9M | ||
| Q3 25 | $8.1M | $45.5M | ||
| Q2 25 | $7.0M | $-25.3M | ||
| Q1 25 | $2.3M | $17.9M | ||
| Q4 24 | $8.4M | $48.0M | ||
| Q3 24 | $11.1M | $17.7M | ||
| Q2 24 | $7.4M | $-8.4M | ||
| Q1 24 | $2.0M | $15.8M |
| Q4 25 | $10.1M | $44.3M | ||
| Q3 25 | $7.6M | $45.3M | ||
| Q2 25 | $6.0M | $-25.5M | ||
| Q1 25 | $1.5M | $17.6M | ||
| Q4 24 | $7.5M | $47.3M | ||
| Q3 24 | $10.3M | $17.5M | ||
| Q2 24 | $6.8M | $-8.6M | ||
| Q1 24 | $1.1M | $15.7M |
| Q4 25 | 29.9% | 125.7% | ||
| Q3 25 | 22.4% | 138.1% | ||
| Q2 25 | 16.8% | -74.2% | ||
| Q1 25 | 4.2% | 59.9% | ||
| Q4 24 | 22.3% | 166.5% | ||
| Q3 24 | 29.4% | 63.3% | ||
| Q2 24 | 20.0% | -33.7% | ||
| Q1 24 | 3.2% | 61.4% |
| Q4 25 | 4.1% | 1.6% | ||
| Q3 25 | 1.6% | 0.7% | ||
| Q2 25 | 2.9% | 0.5% | ||
| Q1 25 | 2.1% | 1.0% | ||
| Q4 24 | 2.5% | 2.4% | ||
| Q3 24 | 2.4% | 0.5% | ||
| Q2 24 | 1.9% | 0.5% | ||
| Q1 24 | 2.5% | 0.3% |
| Q4 25 | 3.93× | 2.90× | ||
| Q3 25 | 2.54× | 3.16× | ||
| Q2 25 | 1.55× | -1.54× | ||
| Q1 25 | 0.43× | 1.54× | ||
| Q4 24 | 2.31× | 4.17× | ||
| Q3 24 | 3.03× | 1.62× | ||
| Q2 24 | 2.17× | -0.89× | ||
| Q1 24 | 0.47× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
UNTY
Segment breakdown not available.
