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

WIDEPOINT CORP is the larger business by last-quarter revenue ($42.3M vs $33.9M, roughly 1.2× Spok Holdings, Inc). Spok Holdings, Inc runs the higher net margin — 8.7% vs -2.0%, a 10.7% gap on every dollar of revenue. On growth, WIDEPOINT CORP posted the faster year-over-year revenue change (12.3% vs -0.1%). Spok Holdings, Inc produced more free cash flow last quarter ($10.1M vs $-270.0K). Over the past eight quarters, WIDEPOINT CORP's revenue compounded faster (11.2% 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.

WidePoint Corporation is an American company based in Fairfax, Virginia that provides technology-based products and services to the government sector and commercial markets in the United States. The company holds a patent for a digital parsing tool that allows users to access accounts through a secure repository gateway, established using asymmetric authentication employed as public key infrastructure (PKI). WidePoint provides smart card identity verification, wireless expense management, pen...

SPOK vs WYY — Head-to-Head

Bigger by revenue
WYY
WYY
1.2× larger
WYY
$42.3M
$33.9M
SPOK
Growing faster (revenue YoY)
WYY
WYY
+12.3% gap
WYY
12.3%
-0.1%
SPOK
Higher net margin
SPOK
SPOK
10.7% more per $
SPOK
8.7%
-2.0%
WYY
More free cash flow
SPOK
SPOK
$10.4M more FCF
SPOK
$10.1M
$-270.0K
WYY
Faster 2-yr revenue CAGR
WYY
WYY
Annualised
WYY
11.2%
-1.5%
SPOK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SPOK
SPOK
WYY
WYY
Revenue
$33.9M
$42.3M
Net Profit
$2.9M
$-849.4K
Gross Margin
76.7%
13.8%
Operating Margin
11.6%
-1.9%
Net Margin
8.7%
-2.0%
Revenue YoY
-0.1%
12.3%
Net Profit YoY
-19.6%
-138.3%
EPS (diluted)
$0.13
$-0.08

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
WYY
WYY
Q4 25
$33.9M
$42.3M
Q3 25
$33.9M
$36.1M
Q2 25
$35.7M
$37.9M
Q1 25
$36.3M
$34.2M
Q4 24
$33.9M
$37.7M
Q3 24
$34.9M
$34.6M
Q2 24
$34.0M
$36.0M
Q1 24
$34.9M
$34.2M
Net Profit
SPOK
SPOK
WYY
WYY
Q4 25
$2.9M
$-849.4K
Q3 25
$3.2M
$-559.2K
Q2 25
$4.6M
$-618.5K
Q1 25
$5.2M
$-724.1K
Q4 24
$3.6M
$-356.4K
Q3 24
$3.7M
$-425.2K
Q2 24
$3.4M
$-499.6K
Q1 24
$4.2M
$-653.1K
Gross Margin
SPOK
SPOK
WYY
WYY
Q4 25
76.7%
13.8%
Q3 25
78.3%
14.6%
Q2 25
79.5%
13.5%
Q1 25
80.1%
14.0%
Q4 24
78.5%
12.6%
Q3 24
79.5%
13.6%
Q2 24
78.9%
13.6%
Q1 24
79.5%
13.6%
Operating Margin
SPOK
SPOK
WYY
WYY
Q4 25
11.6%
-1.9%
Q3 25
12.9%
-1.3%
Q2 25
15.1%
-1.9%
Q1 25
16.6%
-2.4%
Q4 24
13.7%
-0.8%
Q3 24
14.2%
-1.3%
Q2 24
13.2%
-1.3%
Q1 24
14.0%
-1.9%
Net Margin
SPOK
SPOK
WYY
WYY
Q4 25
8.7%
-2.0%
Q3 25
9.5%
-1.5%
Q2 25
12.8%
-1.6%
Q1 25
14.3%
-2.1%
Q4 24
10.8%
-0.9%
Q3 24
10.5%
-1.2%
Q2 24
10.1%
-1.4%
Q1 24
12.1%
-1.9%
EPS (diluted)
SPOK
SPOK
WYY
WYY
Q4 25
$0.13
$-0.08
Q3 25
$0.15
$-0.06
Q2 25
$0.22
$-0.06
Q1 25
$0.25
$-0.08
Q4 24
$0.17
$-0.05
Q3 24
$0.18
$-0.04
Q2 24
$0.17
$-0.05
Q1 24
$0.21
$-0.07

Balance Sheet & Financial Strength

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

Metric
SPOK
SPOK
WYY
WYY
Cash + ST InvestmentsLiquidity on hand
$25.3M
$9.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$146.4M
$11.5M
Total Assets
$206.1M
$79.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPOK
SPOK
WYY
WYY
Q4 25
$25.3M
$9.8M
Q3 25
$21.4M
$12.1M
Q2 25
$20.2M
$6.8M
Q1 25
$19.9M
$3.7M
Q4 24
$29.1M
$6.8M
Q3 24
$27.8M
Q2 24
$23.9M
Q1 24
$23.3M
Stockholders' Equity
SPOK
SPOK
WYY
WYY
Q4 25
$146.4M
$11.5M
Q3 25
$148.7M
$12.2M
Q2 25
$150.9M
$12.6M
Q1 25
$151.7M
$13.0M
Q4 24
$154.7M
$13.6M
Q3 24
$156.3M
$13.8M
Q2 24
$158.2M
$14.0M
Q1 24
$160.2M
$14.2M
Total Assets
SPOK
SPOK
WYY
WYY
Q4 25
$206.1M
$79.8M
Q3 25
$209.7M
$70.6M
Q2 25
$208.7M
$76.6M
Q1 25
$204.5M
$71.4M
Q4 24
$217.1M
$71.6M
Q3 24
$216.8M
$56.9M
Q2 24
$216.4M
$58.6M
Q1 24
$215.0M
$54.4M

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
WYY
WYY
Operating Cash FlowLast quarter
$11.5M
$-173.5K
Free Cash FlowOCF − Capex
$10.1M
$-270.0K
FCF MarginFCF / Revenue
29.9%
-0.6%
Capex IntensityCapex / Revenue
4.1%
0.2%
Cash ConversionOCF / Net Profit
3.93×
TTM Free Cash FlowTrailing 4 quarters
$25.2M
$5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPOK
SPOK
WYY
WYY
Q4 25
$11.5M
$-173.5K
Q3 25
$8.1M
$5.9M
Q2 25
$7.0M
$3.2M
Q1 25
$2.3M
$-3.2M
Q4 24
$8.4M
$2.4M
Q3 24
$11.1M
$1.9M
Q2 24
$7.4M
$-1.1M
Q1 24
$2.0M
$-1.6M
Free Cash Flow
SPOK
SPOK
WYY
WYY
Q4 25
$10.1M
$-270.0K
Q3 25
$7.6M
$5.9M
Q2 25
$6.0M
$3.1M
Q1 25
$1.5M
$-3.3M
Q4 24
$7.5M
$2.4M
Q3 24
$10.3M
$1.8M
Q2 24
$6.8M
$-1.1M
Q1 24
$1.1M
$-1.6M
FCF Margin
SPOK
SPOK
WYY
WYY
Q4 25
29.9%
-0.6%
Q3 25
22.4%
16.4%
Q2 25
16.8%
8.1%
Q1 25
4.2%
-9.5%
Q4 24
22.3%
6.4%
Q3 24
29.4%
5.3%
Q2 24
20.0%
-3.0%
Q1 24
3.2%
-4.6%
Capex Intensity
SPOK
SPOK
WYY
WYY
Q4 25
4.1%
0.2%
Q3 25
1.6%
0.1%
Q2 25
2.9%
0.2%
Q1 25
2.1%
0.1%
Q4 24
2.5%
0.1%
Q3 24
2.4%
0.2%
Q2 24
1.9%
0.0%
Q1 24
2.5%
0.0%
Cash Conversion
SPOK
SPOK
WYY
WYY
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×
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%

WYY
WYY

Carrier Services$26.8M63%
Managed Services$15.5M37%

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