Spok Q2 2026: Adjusted EBITDA Surges 22%, Spectrum Licenses Sold for $8M, Revenue Guidance Trimmed
SPOK is trading near its 52-week low of $9.95 (10% above the low).
Summary
Spok's Q2 2026 results featured a 22% increase in adjusted EBITDA to $9.1 million, a 92% sequential jump in software bookings, and an $8 million spectrum license sale. While full-year revenue guidance was lowered, the adjusted EBITDA midpoint was maintained, and the quarterly dividend was declared.
Key Events · Earnings and Guidance · SPOK
-
Q2 Adjusted EBITDA Up 22%
Driven by a 92% sequential increase in software operations bookings to $9.5 million and a 52% year-over-year jump in license revenue, adjusted EBITDA reached $9.1 million, up from $7.5 million a year ago.
-
$8M Spectrum License Sale
Monetizing non-core assets, Spok sold certain narrowband spectrum licenses for $8 million in cash, closing on July 20, 2026, and adding to its $16.6 million cash balance with no debt.
-
Full-Year Revenue Guidance Trimmed
The total revenue guidance midpoint was lowered to $136 million from $139.5 million, reflecting the strategic realignment and first-half software bookings, while the adjusted EBITDA midpoint was maintained at $30 million.
-
Quarterly Dividend Maintained
A regular quarterly dividend of $0.3125 per share was declared by the board, payable September 9, 2026, to shareholders of record on August 19, 2026, representing a yield above 10%.
Analysis · SPOK · Technology
A 22% year-over-year jump in adjusted EBITDA to $9.1 million highlights Spok's strong operational quarter, fueled by a 92% sequential surge in software bookings and a 52% increase in license revenue. The company also strengthened its balance sheet by monetizing non-core narrowband spectrum licenses for $8 million. Despite these gains, full-year revenue guidance was trimmed to a midpoint of $136 million, reflecting the strategic realignment and first-half software bookings levels. Confidence in profitability remains, however, as the adjusted EBITDA midpoint of $30 million was maintained. The quarterly dividend of $0.3125 per share stays intact, offering a yield above 10% at current prices.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.6% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SPOK was trading at $10.95 on NASDAQ in the Technology sector, with a market capitalization of approximately $228.6M. The 52-week trading range was $9.95 to $19.31. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.