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Side-by-side financial comparison of FLANIGANS ENTERPRISES INC (BDL) and OneSpan Inc. (OSPN). Click either name above to swap in a different company.

OneSpan Inc. is the larger business by last-quarter revenue ($65.9M vs $52.6M, roughly 1.3× FLANIGANS ENTERPRISES INC). OneSpan Inc. runs the higher net margin — 17.5% vs 1.5%, a 16.0% gap on every dollar of revenue. On growth, FLANIGANS ENTERPRISES INC posted the faster year-over-year revenue change (4.6% vs 4.1%). Over the past eight quarters, FLANIGANS ENTERPRISES INC's revenue compounded faster (4.6% CAGR vs 4.0%).

Flanigans Enterprises Inc. is a U.S.-based hospitality company focused on the Florida market. It operates a chain of casual dining restaurants under the Flanigan's Seafood Bar and Grill brand, plus retail package liquor stores. Its key customer segments include local residents and regional tourists, offering affordably priced seafood, American comfort food and assorted beverages.

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.

BDL vs OSPN — Head-to-Head

Bigger by revenue
OSPN
OSPN
1.3× larger
OSPN
$65.9M
$52.6M
BDL
Growing faster (revenue YoY)
BDL
BDL
+0.5% gap
BDL
4.6%
4.1%
OSPN
Higher net margin
OSPN
OSPN
16.0% more per $
OSPN
17.5%
1.5%
BDL
Faster 2-yr revenue CAGR
BDL
BDL
Annualised
BDL
4.6%
4.0%
OSPN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDL
BDL
OSPN
OSPN
Revenue
$52.6M
$65.9M
Net Profit
$805.0K
$11.6M
Gross Margin
73.6%
Operating Margin
3.2%
22.5%
Net Margin
1.5%
17.5%
Revenue YoY
4.6%
4.1%
Net Profit YoY
1363.6%
EPS (diluted)
$0.43
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BDL
BDL
OSPN
OSPN
Q1 26
$65.9M
Q4 25
$52.6M
$62.9M
Q3 25
$50.0M
$57.1M
Q2 25
$51.9M
$59.8M
Q1 25
$53.4M
$63.4M
Q4 24
$50.0M
$61.2M
Q3 24
$45.4M
$56.2M
Q2 24
$48.8M
$60.9M
Net Profit
BDL
BDL
OSPN
OSPN
Q1 26
$11.6M
Q4 25
$805.0K
$43.5M
Q3 25
$896.0K
$6.5M
Q2 25
$1.4M
$8.3M
Q1 25
$2.7M
$14.5M
Q4 24
$55.0K
$28.8M
Q3 24
$184.0K
$8.3M
Q2 24
$1.1M
$6.6M
Gross Margin
BDL
BDL
OSPN
OSPN
Q1 26
73.6%
Q4 25
73.6%
Q3 25
73.6%
Q2 25
73.5%
Q1 25
74.3%
Q4 24
74.0%
Q3 24
73.9%
Q2 24
66.2%
Operating Margin
BDL
BDL
OSPN
OSPN
Q1 26
22.5%
Q4 25
3.2%
19.9%
Q3 25
3.3%
14.4%
Q2 25
5.5%
17.6%
Q1 25
6.6%
27.1%
Q4 24
1.5%
19.3%
Q3 24
0.7%
20.0%
Q2 24
4.4%
12.5%
Net Margin
BDL
BDL
OSPN
OSPN
Q1 26
17.5%
Q4 25
1.5%
69.2%
Q3 25
1.8%
11.4%
Q2 25
2.7%
13.9%
Q1 25
5.0%
22.9%
Q4 24
0.1%
47.1%
Q3 24
0.4%
14.7%
Q2 24
2.3%
10.8%
EPS (diluted)
BDL
BDL
OSPN
OSPN
Q1 26
$0.39
Q4 25
$0.43
$1.13
Q3 25
$0.48
$0.17
Q2 25
$0.75
$0.21
Q1 25
$1.45
$0.37
Q4 24
$0.03
$0.73
Q3 24
$0.11
$0.21
Q2 24
$0.60
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDL
BDL
OSPN
OSPN
Cash + ST InvestmentsLiquidity on hand
$49.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$66.0M
$272.0M
Total Assets
$142.1M
$383.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDL
BDL
OSPN
OSPN
Q1 26
$49.8M
Q4 25
$70.5M
Q3 25
$85.6M
Q2 25
$732.0K
$92.9M
Q1 25
$244.0K
$105.2M
Q4 24
$83.2M
Q3 24
$77.5M
Q2 24
$63.8M
Total Debt
BDL
BDL
OSPN
OSPN
Q1 26
Q4 25
Q3 25
$20.9M
Q2 25
Q1 25
Q4 24
Q3 24
$22.2M
Q2 24
Stockholders' Equity
BDL
BDL
OSPN
OSPN
Q1 26
$272.0M
Q4 25
$66.0M
$271.8M
Q3 25
$65.2M
$238.3M
Q2 25
$64.3M
$242.5M
Q1 25
$64.0M
$231.1M
Q4 24
$61.6M
$212.5M
Q3 24
$61.2M
$194.6M
Q2 24
$61.3M
$178.6M
Total Assets
BDL
BDL
OSPN
OSPN
Q1 26
$383.1M
Q4 25
$142.1M
$397.7M
Q3 25
$140.6M
$343.5M
Q2 25
$140.7M
$357.1M
Q1 25
$143.3M
$333.8M
Q4 24
$146.9M
$338.7M
Q3 24
$142.1M
$289.3M
Q2 24
$143.1M
$286.9M
Debt / Equity
BDL
BDL
OSPN
OSPN
Q1 26
Q4 25
Q3 25
0.32×
Q2 25
Q1 25
Q4 24
Q3 24
0.36×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDL
BDL
OSPN
OSPN
Operating Cash FlowLast quarter
$4.9M
$28.2M
Free Cash FlowOCF − Capex
$4.5M
FCF MarginFCF / Revenue
8.5%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
6.14×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$2.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDL
BDL
OSPN
OSPN
Q1 26
$28.2M
Q4 25
$4.9M
$12.6M
Q3 25
$3.4M
$11.3M
Q2 25
$1.4M
$6.2M
Q1 25
$-2.0M
$29.4M
Q4 24
$7.7M
$12.4M
Q3 24
$14.0M
Q2 24
$3.1M
$2.3M
Free Cash Flow
BDL
BDL
OSPN
OSPN
Q1 26
Q4 25
$4.5M
$9.6M
Q3 25
$2.4M
$8.8M
Q2 25
$-1.8M
$4.4M
Q1 25
$-3.0M
$27.7M
Q4 24
$7.0M
$10.5M
Q3 24
$12.0M
Q2 24
$2.2M
$26.0K
FCF Margin
BDL
BDL
OSPN
OSPN
Q1 26
Q4 25
8.5%
15.3%
Q3 25
4.9%
15.4%
Q2 25
-3.4%
7.3%
Q1 25
-5.5%
43.8%
Q4 24
13.9%
17.1%
Q3 24
21.4%
Q2 24
4.5%
0.0%
Capex Intensity
BDL
BDL
OSPN
OSPN
Q1 26
Q4 25
0.9%
4.7%
Q3 25
1.9%
4.4%
Q2 25
6.1%
3.1%
Q1 25
1.8%
2.6%
Q4 24
1.5%
3.2%
Q3 24
3.5%
Q2 24
1.8%
3.7%
Cash Conversion
BDL
BDL
OSPN
OSPN
Q1 26
2.44×
Q4 25
6.14×
0.29×
Q3 25
3.75×
1.74×
Q2 25
1.02×
0.75×
Q1 25
-0.73×
2.02×
Q4 24
140.02×
0.43×
Q3 24
1.69×
Q2 24
2.75×
0.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BDL
BDL

Restaurant Food Sales$30.9M59%
Package Store Sales$13.3M25%
Restaurant Bar Sales$7.9M15%

OSPN
OSPN

Product and license$35.5M54%
Services and other$30.4M46%

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