Spok Holdings vs Telephone & Data Systems
Telephone & Data Systems is the larger business, with $1.23bn of revenue in fiscal 2025 against $140m for Spok Holdings (8.8 times as much). Spok Holdings grew faster (1.5% against -5.3%). Spok Holdings kept more of each dollar of sales as profit: a net margin of 11.4% against -0.5%.
| Latest fiscal year | Spok HoldingsSPOK, 2025 | Telephone & Data SystemsTDS, 2025 |
|---|---|---|
| Revenue | $140m | $1.23bn |
| Revenue growth | 1.5% | -5.3% |
| Net income | $15.9m | −$6.2m |
| Operating margin | — | -7.9% |
| Net margin | 11.4% | -0.5% |
| Return on equity | 10.5% | -0.1% |
| Free cash flow | $25.2m | $199m |
| Cash | $25.3m | $766m |
| Total debt | $0 | $829m |
| Debt to equity | — | 17.3% |
| Dividend per share | $1.25 | — |
| Dividend yield | 10.8% | 2.1% |
| Share buybacks | — | $108m |
| Employees | 410 | 4,000 |
| Market value | $253m | $4.16bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 60 (Moderate) | 26 (Weak) |
| Insider trades, 12 months | 4 buys, 3 sales | 0 buys, 4 sales |