vs
Side-by-side financial comparison of Burke & Herbert Financial Services Corp. (BHRB) and OneSpan Inc. (OSPN). Click either name above to swap in a different company.
Burke & Herbert Financial Services Corp. is the larger business by last-quarter revenue ($86.5M vs $65.9M, roughly 1.3× OneSpan Inc.). Burke & Herbert Financial Services Corp. runs the higher net margin — 34.9% vs 17.5%, a 17.4% gap on every dollar of revenue. On growth, Burke & Herbert Financial Services Corp. posted the faster year-over-year revenue change (4.9% vs 4.1%). Over the past eight quarters, Burke & Herbert Financial Services Corp.'s revenue compounded faster (81.1% CAGR vs 4.0%).
Burke & Herbert Financial Services Corp is a U.S.-based regional financial holding company, offering personal and commercial banking, wealth management, residential mortgage lending, and small business financing services. Its core market covers Virginia and adjacent Mid-Atlantic regions, serving retail consumers, SMEs, and high-net-worth clients.
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.
BHRB vs OSPN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $86.5M | $65.9M |
| Net Profit | $30.2M | $11.6M |
| Gross Margin | — | 73.6% |
| Operating Margin | 43.8% | 22.5% |
| Net Margin | 34.9% | 17.5% |
| Revenue YoY | 4.9% | 4.1% |
| Net Profit YoY | 52.8% | — |
| EPS (diluted) | $1.98 | $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.
| Q1 26 | — | $65.9M | ||
| Q4 25 | $86.5M | $62.9M | ||
| Q3 25 | $85.4M | $57.1M | ||
| Q2 25 | $87.1M | $59.8M | ||
| Q1 25 | $83.0M | $63.4M | ||
| Q4 24 | $82.5M | $61.2M | ||
| Q3 24 | $83.8M | $56.2M | ||
| Q2 24 | $69.3M | $60.9M |
| Q1 26 | — | $11.6M | ||
| Q4 25 | $30.2M | $43.5M | ||
| Q3 25 | $30.0M | $6.5M | ||
| Q2 25 | $29.9M | $8.3M | ||
| Q1 25 | $27.2M | $14.5M | ||
| Q4 24 | $19.8M | $28.8M | ||
| Q3 24 | $27.6M | $8.3M | ||
| Q2 24 | $-16.9M | $6.6M |
| 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% |
| Q1 26 | — | 22.5% | ||
| Q4 25 | 43.8% | 19.9% | ||
| Q3 25 | 43.3% | 14.4% | ||
| Q2 25 | 42.7% | 17.6% | ||
| Q1 25 | 39.6% | 27.1% | ||
| Q4 24 | 24.6% | 19.3% | ||
| Q3 24 | 39.2% | 20.0% | ||
| Q2 24 | -27.5% | 12.5% |
| Q1 26 | — | 17.5% | ||
| Q4 25 | 34.9% | 69.2% | ||
| Q3 25 | 35.1% | 11.4% | ||
| Q2 25 | 34.3% | 13.9% | ||
| Q1 25 | 32.8% | 22.9% | ||
| Q4 24 | 24.0% | 47.1% | ||
| Q3 24 | 33.0% | 14.7% | ||
| Q2 24 | -24.4% | 10.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $1.98 | $1.13 | ||
| Q3 25 | $1.97 | $0.17 | ||
| Q2 25 | $1.97 | $0.21 | ||
| Q1 25 | $1.80 | $0.37 | ||
| Q4 24 | $1.72 | $0.73 | ||
| Q3 24 | $1.82 | $0.21 | ||
| Q2 24 | $-1.41 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $49.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $854.6M | $272.0M |
| Total Assets | $7.9B | $383.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $49.8M | ||
| Q4 25 | — | $70.5M | ||
| Q3 25 | — | $85.6M | ||
| Q2 25 | — | $92.9M | ||
| Q1 25 | — | $105.2M | ||
| Q4 24 | — | $83.2M | ||
| Q3 24 | — | $77.5M | ||
| Q2 24 | — | $63.8M |
| Q1 26 | — | $272.0M | ||
| Q4 25 | $854.6M | $271.8M | ||
| Q3 25 | $822.2M | $238.3M | ||
| Q2 25 | $780.0M | $242.5M | ||
| Q1 25 | $758.0M | $231.1M | ||
| Q4 24 | $730.2M | $212.5M | ||
| Q3 24 | $738.1M | $194.6M | ||
| Q2 24 | $693.1M | $178.6M |
| Q1 26 | — | $383.1M | ||
| Q4 25 | $7.9B | $397.7M | ||
| Q3 25 | $7.9B | $343.5M | ||
| Q2 25 | $8.1B | $357.1M | ||
| Q1 25 | $7.8B | $333.8M | ||
| Q4 24 | $7.8B | $338.7M | ||
| Q3 24 | $7.9B | $289.3M | ||
| Q2 24 | $7.8B | $286.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $107.9M | $28.2M |
| Free Cash FlowOCF − Capex | $96.2M | — |
| FCF MarginFCF / Revenue | 111.2% | — |
| Capex IntensityCapex / Revenue | 13.5% | — |
| Cash ConversionOCF / Net Profit | 3.57× | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | $164.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $28.2M | ||
| Q4 25 | $107.9M | $12.6M | ||
| Q3 25 | $39.3M | $11.3M | ||
| Q2 25 | $41.0K | $6.2M | ||
| Q1 25 | $37.6M | $29.4M | ||
| Q4 24 | $85.8M | $12.4M | ||
| Q3 24 | $47.8M | $14.0M | ||
| Q2 24 | $-46.0M | $2.3M |
| Q1 26 | — | — | ||
| Q4 25 | $96.2M | $9.6M | ||
| Q3 25 | $35.4M | $8.8M | ||
| Q2 25 | $-3.4M | $4.4M | ||
| Q1 25 | $35.9M | $27.7M | ||
| Q4 24 | $81.2M | $10.5M | ||
| Q3 24 | $46.0M | $12.0M | ||
| Q2 24 | $-47.0M | $26.0K |
| Q1 26 | — | — | ||
| Q4 25 | 111.2% | 15.3% | ||
| Q3 25 | 41.5% | 15.4% | ||
| Q2 25 | -3.9% | 7.3% | ||
| Q1 25 | 43.2% | 43.8% | ||
| Q4 24 | 98.5% | 17.1% | ||
| Q3 24 | 55.0% | 21.4% | ||
| Q2 24 | -67.8% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 13.5% | 4.7% | ||
| Q3 25 | 4.5% | 4.4% | ||
| Q2 25 | 3.9% | 3.1% | ||
| Q1 25 | 2.1% | 2.6% | ||
| Q4 24 | 5.5% | 3.2% | ||
| Q3 24 | 2.1% | 3.5% | ||
| Q2 24 | 1.5% | 3.7% |
| Q1 26 | — | 2.44× | ||
| Q4 25 | 3.57× | 0.29× | ||
| Q3 25 | 1.31× | 1.74× | ||
| Q2 25 | 0.00× | 0.75× | ||
| Q1 25 | 1.38× | 2.02× | ||
| Q4 24 | 4.33× | 0.43× | ||
| Q3 24 | 1.73× | 1.69× | ||
| Q2 24 | — | 0.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHRB
Segment breakdown not available.
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |
