OneSpan Inc.OSPNEarnings & Financial Report
OneSpan Inc. is an information security company based in Boston, Massachusetts. Services include an internet fraud prevention platform, multi-factor authentication tools and electronic signature software.
Revenue
$61.2M
Gross Profit
$45.3M
Operating Profit
$11.8M
Net Profit
$28.8M
Gross Margin
74.0%
Operating Margin
19.3%
Net Margin
47.1%
YoY Growth
-2.8%
EPS
$0.73
OneSpan Inc. Q4 FY2024 Financial Summary
OneSpan Inc. reported revenue of $61.2M (down 2.8% YoY) for Q4 FY2024, with a net profit of $28.8M (up 6427.9% YoY) (47.1% margin). Cost of goods sold was $15.9M, operating expenses totaled $33.5M.
Key Financial Metrics
| Total Revenue | $61.2M |
|---|---|
| Net Profit | $28.8M |
| Gross Margin | 74.0% |
| Operating Margin | 19.3% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
OneSpan Inc. Q4 FY2024 revenue of $61.2M breaks down across 3 segments, led by Subscription at $36.9M (60.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription | $36.9M | 60.3% |
| Hardware Products | $14.4M | 23.6% |
| Maintenance And Support | $9.2M | 15.1% |
OneSpan Inc. Revenue by Segment — Quarterly Trend
OneSpan Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription and Hardware Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Subscription | — | $21.1M | $21.1M | $20.6M |
| Hardware Products | — | — | $9.7M | $14.0M |
OneSpan Inc. Annual Revenue by Year
OneSpan Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $243.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $243.2M |
| 2024 | $243.2M |
| 2023 | $235.1M |
| 2022 | $219.0M |
OneSpan Inc. Quarterly Revenue & Net Profit History
OneSpan Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $65.9M | +4.1% | $11.6M | 17.5% |
| Q4 FY2025 | $62.9M | +2.9% | $43.5M | 69.2% |
| Q3 FY2025 | $57.1M | +1.4% | $6.5M | 11.4% |
| Q2 FY2025 | $59.8M | -1.8% | $8.3M | 13.9% |
| Q1 FY2025 | $63.4M | -2.3% | $14.5M | 22.9% |
| Q4 FY2024 | $61.2M | -2.8% | $28.8M | 47.1% |
| Q3 FY2024 | $56.2M | -4.4% | $8.3M | 14.7% |
| Q2 FY2024 | $60.9M | +9.3% | $6.6M | 10.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60.9M | $56.2M | $61.2M | $63.4M | $59.8M | $57.1M | $62.9M | $65.9M |
| YoY Growth | 9.3% | -4.4% | -2.8% | -2.3% | -1.8% | 1.4% | 2.9% | 4.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $286.9M | $289.3M | $338.7M | $333.8M | $357.1M | $343.5M | $397.7M | $383.1M |
| Liabilities | $108.3M | $94.7M | $126.2M | $102.7M | $114.6M | $105.2M | $125.9M | $111.1M |
| Equity | $178.6M | $194.6M | $212.5M | $231.1M | $242.5M | $238.3M | $271.8M | $272.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.3M | $14.0M | $12.4M | $29.4M | $6.2M | $11.3M | $12.6M | $28.2M |