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Spok HoldingsFRA:FQV 63 Gross Margin % is 76.74% as of Mar. 2026, which is 3% below its 10-year median of 79.41. GuruFocus rates FRA:FQV with a GF Score™ of 63/100 and a GF Value™ of €12.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 630 Healthcare Providers & Services companies, Spok Holdings ranks better than 85.4% on this metric.
The historical rank and industry rank for Spok Holdings's Gross Margin % or its related term are showing as below:
FRA:FQV'
s Gross Margin % Range Over the Past 10 Years
Min: 77.16 Med: 79.41 Max: 83.4
Current: 77.82
During the past 13 years, the highestGross Margin % of Spok Holdings was 83.40%. The lowest was 77.16%. And the median was 79.41%.
FRA:FQV's Gross Margin % is ranked better than 85.4% of 630
companies
in the Healthcare Providers & Services industry
Industry Median: 40.01
vs FRA:FQV: 77.82
Spok Holdings had a gross margin of 76.74% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Spok Holdings was 0.20% per year.
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 76.74% for the quarter that ended in Mar. 2026 => 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
Spok Holdings Gross Margin % Historical Data
* Premium members only.
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.
FRA:FQV vs LFMD, AMWL, SY: Gross Margin % 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 % vs Healthcare Providers & Services Industry
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.
* 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.
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 (FRA:FQV) has a Gross Margin % of 76.74% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Spok Holdings and its competitors. This is near median its historical median of 79.41. Over the past decade, Spok Holdings' Gross Margin % has ranged from 77.16 to 83.40. According to the industry distribution chart, Spok Holdings ranks #92 out of 630 companies in the Healthcare Providers & Services industry, placing it in the top 14.6%.
Is Spok Holdings' Gross Margin % too high?
Spok Holdings' current Gross Margin % of 76.74% is near median its 10-year median of 79.41. Over the past 10 years, this metric has ranged from a low of 77.16 to a high of 83.40. The Healthcare Providers & Services industry median Gross Margin % is 40.01. Spok Holdings' value of 76.74% is 91.8% above this industry median. Based on the distribution chart, Spok Holdings ranks #92 out of 630 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spok Holdings has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spok Holdings' Gross Margin % compare to LFMD and AMWL?
According to the Healthcare Providers & Services industry distribution chart, Spok Holdings ranks #92 out of 630 companies for Gross Margin %. This places Spok Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.01. Spok Holdings' value of 76.74% is 91.8% above this benchmark. Historically, Spok Holdings' own Gross Margin % has ranged from 77.16 to 83.40 over the past decade. While the company's 10-year median is 79.41 vs. the industry median of 40.01, Spok Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.01, based on 630 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spok Holdings's current Gross Margin % of 76.74% is 91.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Spok Holdings and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spok Holdings's current Gross Margin % is 76.74%, which is near median its own 10-year median of 79.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spok Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spok Holdings (FRA:FQV) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.38, compared to a current price of €8.90 — trading 28.1% below its estimated fair value. The current Gross Margin % is 76.74%, which is near median its 10-year median of 79.41 and 91.8% above the Healthcare Providers & Services industry median of 40.01. Spok Holdings' overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Spok Holdings (FRA:FQV), the current Gross Margin % is 76.74% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spok Holdings (FRA:FQV) Overvalued in 2026?
Based on GuruFocus' analysis, Spok Holdings stock appears to be undervalued.
The current stock price of €8.90 is trading 28.1% below its estimated GF Value™ of €12.38.
GuruFocus considers Spok Holdings to be Modestly Undervalued.
Key valuation signals for FRA:FQV:
Gross Margin %: 76.74% (near median its 10-year median of 79.41)
GF Value™: €12.38 vs. price of €8.90 (28.1% below fair value)
Industry Position: 91.8% above the Healthcare Providers & Services median (#92 of 630)
No single metric tells the full story. See the FRA:FQV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spok Holdings Inc is a provider of healthcare communications. The company delivers clinical communication and collaboration solutions to help protect the health, well-being, and safety of people in the United States and abroad, on a limited basis, in Europe, Canada, Australia, Asia, and the Middle East. The company develops, sells, and supports enterprise-wide systems principally for healthcare and other organizations needing to automate, centralize, and standardize their approach to clinical and critical communications. The company offers its services and products to three market segments: healthcare, government, and large enterprise, with a greater emphasis on the healthcare market segment. Geographically, the company generates the majority of its revenue from the United States.
63GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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