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Spok Q1 net income drops 61.8% to $1.99 million; revenue falls 8.5% to $33.23 million

PUBT·04/30/2026 20:18:29
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Spok Q1 net income drops 61.8% to $1.99 million; revenue falls 8.5% to $33.23 million
  • Spok posted net income of $1.99 million for Q1 ended March 31, 2026, down 61.8%.
  • Revenue fell 8.5% to $33.23 million.
  • Operating income slid 59.4% to $2.44 million.
  • Wireless revenue declined 5.3% to $17.49 million on lower paging units in service, partly offset by higher ARPU following September 2025 price increases.
  • After quarter end, Spok announced a strategic realignment eliminating about 10% of its workforce to target more than $6 million in annualized savings, with $1.6 million to $2 million in one-time pre-tax costs expected in Q2–Q3 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spok Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001289945-26-000027), on April 30, 2026, and is solely responsible for the information contained therein.