Spok Holdings (Spok Holdings) Gross Margin %

: 79.58% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Spok Holdings's Gross Profit for the three months ended in Dec. 2023 was $27.0 Mil. Spok Holdings's Revenue for the three months ended in Dec. 2023 was $34.0 Mil. Therefore, Spok Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 79.58%.

The historical rank and industry rank for Spok Holdings's Gross Margin % or its related term are showing as below:

SPOK' s Gross Margin % Range Over the Past 10 Years
Min: 77.16 Med: 80.8 Max: 83.74
Current: 80.71

During the past 13 years, the highest Gross Margin % of Spok Holdings was 83.74%. The lowest was 77.16%. And the median was 80.80%.

SPOK's Gross Margin % is ranked better than
86% of 607 companies
in the Healthcare Providers & Services industry
Industry Median: 41.24 vs SPOK: 80.71

Spok Holdings had a gross margin of 79.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Spok Holdings was -0.20% per year.

Spok Holdings Gross Margin % Historical Data

The historical data trend for Spok Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spok Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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79.67

79.12

77.16

78.99

80.71

Spok Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															79.37	80.30	81.55	81.31	79.58

Competitive Comparison

For the Health Information Services subindustry, Spok Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spok Holdings Gross Margin % Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Spok Holdings's Gross Margin % falls into.

Spok Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Spok Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	112.2	/	139.025
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(139.025 - 26.818)	/	139.025
	=	80.71 %

Spok Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	27	/	33.953
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(33.953 - 6.933)	/	33.953
	=	79.58 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Spok Holdings (NAS:SPOK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Spok Holdings had a gross margin of 79.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Spok Holdings Gross Margin % Related Terms

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Spok Holdings (Spok Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Spok Holdings Inc (NAS:SPOK) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

FQV:Germany

Address

5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, USA, 22315

Website

https://www.spok.com

Spok Holdings Inc is a provider of healthcare communications. It reports three market segments namely Healthcare, Government, and Large enterprise. The company provides paging services and software solutions in the United States and abroad.

Executives

Vincent D Kelly	director, officer: President & CEO	C/O RENTON MEDIA INC, 1300 EAST NINTH ST, CLEVELAND OH 44114
Sharon Woods-keisling	officer: Corporate Secretary, Treasurer	6677 RICHMOND HIGHWAY, ALEXANDRIA VA 22306
Michael W Wallace	officer: Chief Financial Officer	SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Calvin Rice	officer: Controller	C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Todd J Stein	director	C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Barbara Peterson Byrne	director	C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22315
Randy Hyun	director	C/O SPOK HOLDINGS, INC., 5911 KINGSTOWNE VILLAGE PARKWAY 6TH FLR, ALEXANDRIA VA 22315
Matthew Oristano	director	C/O ARCH WIRELESS INC, 1800 WEST PARK DR. #250, WESTBOROUGH MA 01581
Brian Oreilly	director	C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Christine Cournoyer	director	150 SHAW ROAD, CHESTNUT MA 02467
Brett A Shockley	director	7125 NORTHLAND TERRACE, MINNEAPOLIS MN 55428
Royce Yudkoff	director	C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Stacia Hylton	director	6850 VERSAR CENTER STE 420, SPRINGFIELD VA 22151
Tom Saine	officer: Chief Technology Officer	6677 RICHMOND HIGHWAY, ALEXANDIRA VA 22306
Ted Peterman	officer: Controller	C/O SPōK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151