Spok Holdings (SPOK) Research & Development (2010 - 2026)
Spok Holdings (SPOK) posted quarterly Research & Development of $3.9 million for Q2 2026, down 9.8% year-over-year from $4.3 million in Q2 2025, and down 12.59% quarter-over-quarter from $4.5 million in Q1 2026.
Spok Holdings (SPOK) Research & Development (2010 - 2026) Analysis & Trends
Spok Holdings (SPOK) has reported Research & Development for 17 consecutive years, with $3.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development fell 9.8% year-over-year to $3.9 million; the TTM figure through Jun 2026 stood at $17.0 million (down 4.7% YoY), while the FY2025 annual figure was $17.7 million, up 9.14% from the prior year.
- Research & Development fell to $3.9 million in Q2 2026 per SPOK's latest filing, from $4.5 million in the prior quarter.
- Across five years, Research & Development topped out at $6.5 million in Q1 2022 and bottomed at $3.4 million in Q3 2022.
- Historically, Research & Development has averaged $4.3 million across 5 years, with a median of $4.1 million in 2024.
- Annual changes were most pronounced in 2022 — Research & Development rose 26.43% — and 2023, when it sank 39.96%.
- Spok Holdings' Research & Development stood at $3.7 million in 2022, then grew by 20.64% to $4.4 million in 2023, then rose by 4.84% to $4.6 million in 2024, then decreased by 4.27% to $4.4 million in 2025, then retreated by 11.64% to $3.9 million in 2026.
- Business Quant data shows SPOK's Research & Development at $3.9 million in Q2 2026, $4.5 million in Q1 2026, and $4.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | - |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 56.79 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 81.41 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 50.38 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 45.05 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 30.58 Mn |
| 10 | Spok Holdings | 229.26 Mn | 212.67 Mn | 28.18 Mn | 3.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.92 Mn |
| Mar 31, 2026 | 4.49 Mn |
| Dec 31, 2025 | 4.44 Mn |
| Sep 30, 2025 | 2.99 Mn |
| Jun 30, 2025 | 4.27 Mn |
| Mar 31, 2025 | 3.09 Mn |
| Dec 31, 2024 | 4.64 Mn |
| Sep 30, 2024 | 3.93 Mn |
| Jun 30, 2024 | 3.51 Mn |
| Mar 31, 2024 | 4.15 Mn |
| Dec 31, 2023 | 8.84 Mn |
| Sep 30, 2023 | 2.56 Mn |
| Jun 30, 2023 | 2.85 Mn |
| Mar 31, 2023 | 3.90 Mn |
| Dec 31, 2022 | 2.28 Mn |
| Sep 30, 2022 | 2.22 Mn |
| Jun 30, 2022 | 2.62 Mn |
| Mar 31, 2022 | 5.32 Mn |
| Dec 31, 2021 | 5.36 Mn |
| Sep 30, 2021 | 5.40 Mn |