vs
Side-by-side financial comparison of BrightSpire Capital, Inc. (BRSP) and OneSpan Inc. (OSPN). Click either name above to swap in a different company.
BrightSpire Capital, Inc. is the larger business by last-quarter revenue ($83.2M vs $65.9M, roughly 1.3× OneSpan Inc.). OneSpan Inc. runs the higher net margin — 17.5% vs -17.3%, a 34.8% gap on every dollar of revenue. On growth, OneSpan Inc. posted the faster year-over-year revenue change (4.1% vs -0.4%). Over the past eight quarters, OneSpan Inc.'s revenue compounded faster (4.0% CAGR vs -6.8%).
Oakley Capital Investments, is a large British investment trust focused on investments in mid-market companies in the business services, consumer, education and technology sectors. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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.
BRSP vs OSPN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $83.2M | $65.9M |
| Net Profit | $-14.4M | $11.6M |
| Gross Margin | — | 73.6% |
| Operating Margin | — | 22.5% |
| Net Margin | -17.3% | 17.5% |
| Revenue YoY | -0.4% | 4.1% |
| Net Profit YoY | 27.3% | — |
| EPS (diluted) | $-0.11 | $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 | $83.2M | $62.9M | ||
| Q3 25 | $83.9M | $57.1M | ||
| Q2 25 | $85.9M | $59.8M | ||
| Q1 25 | $77.6M | $63.4M | ||
| Q4 24 | $83.5M | $61.2M | ||
| Q3 24 | $88.2M | $56.2M | ||
| Q2 24 | $91.4M | $60.9M |
| Q1 26 | — | $11.6M | ||
| Q4 25 | $-14.4M | $43.5M | ||
| Q3 25 | $984.0K | $6.5M | ||
| Q2 25 | $-23.1M | $8.3M | ||
| Q1 25 | $5.3M | $14.5M | ||
| Q4 24 | $-19.7M | $28.8M | ||
| Q3 24 | $12.7M | $8.3M | ||
| Q2 24 | $-67.9M | $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 | — | 19.9% | ||
| Q3 25 | -1.7% | 14.4% | ||
| Q2 25 | -54.5% | 17.6% | ||
| Q1 25 | 5.1% | 27.1% | ||
| Q4 24 | -24.9% | 19.3% | ||
| Q3 24 | 13.2% | 20.0% | ||
| Q2 24 | -74.9% | 12.5% |
| Q1 26 | — | 17.5% | ||
| Q4 25 | -17.3% | 69.2% | ||
| Q3 25 | 1.2% | 11.4% | ||
| Q2 25 | -26.9% | 13.9% | ||
| Q1 25 | 6.9% | 22.9% | ||
| Q4 24 | -23.7% | 47.1% | ||
| Q3 24 | 14.4% | 14.7% | ||
| Q2 24 | -74.2% | 10.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-0.11 | $1.13 | ||
| Q3 25 | $0.00 | $0.17 | ||
| Q2 25 | $-0.19 | $0.21 | ||
| Q1 25 | $0.04 | $0.37 | ||
| Q4 24 | $-0.16 | $0.73 | ||
| Q3 24 | $0.09 | $0.21 | ||
| Q2 24 | $-0.53 | $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 | $66.8M | $49.8M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $938.4M | $272.0M |
| Total Assets | $3.6B | $383.1M |
| Debt / EquityLower = less leverage | 2.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $49.8M | ||
| Q4 25 | $66.8M | $70.5M | ||
| Q3 25 | $113.4M | $85.6M | ||
| Q2 25 | $154.3M | $92.9M | ||
| Q1 25 | $200.9M | $105.2M | ||
| Q4 24 | $302.2M | $83.2M | ||
| Q3 24 | $263.8M | $77.5M | ||
| Q2 24 | $203.3M | $63.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — |
| Q1 26 | — | $272.0M | ||
| Q4 25 | $938.4M | $271.8M | ||
| Q3 25 | $976.4M | $238.3M | ||
| Q2 25 | $994.4M | $242.5M | ||
| Q1 25 | $1.0B | $231.1M | ||
| Q4 24 | $1.0B | $212.5M | ||
| Q3 24 | $1.1B | $194.6M | ||
| Q2 24 | $1.1B | $178.6M |
| Q1 26 | — | $383.1M | ||
| Q4 25 | $3.6B | $397.7M | ||
| Q3 25 | $3.3B | $343.5M | ||
| Q2 25 | $3.4B | $357.1M | ||
| Q1 25 | $3.6B | $333.8M | ||
| Q4 24 | $3.7B | $338.7M | ||
| Q3 24 | $3.8B | $289.3M | ||
| Q2 24 | $3.8B | $286.9M |
| Q1 26 | — | — | ||
| Q4 25 | 2.63× | — | ||
| Q3 25 | 2.22× | — | ||
| Q2 25 | 2.27× | — | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 2.28× | — |
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 | $73.0M | $28.2M |
| Free Cash FlowOCF − Capex | $55.1M | — |
| FCF MarginFCF / Revenue | 66.2% | — |
| Capex IntensityCapex / Revenue | 21.6% | — |
| Cash ConversionOCF / Net Profit | — | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | $102.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $28.2M | ||
| Q4 25 | $73.0M | $12.6M | ||
| Q3 25 | $29.9M | $11.3M | ||
| Q2 25 | $17.4M | $6.2M | ||
| Q1 25 | $10.5M | $29.4M | ||
| Q4 24 | $103.4M | $12.4M | ||
| Q3 24 | $31.3M | $14.0M | ||
| Q2 24 | $22.9M | $2.3M |
| Q1 26 | — | — | ||
| Q4 25 | $55.1M | $9.6M | ||
| Q3 25 | $27.4M | $8.8M | ||
| Q2 25 | $11.6M | $4.4M | ||
| Q1 25 | $8.0M | $27.7M | ||
| Q4 24 | $97.3M | $10.5M | ||
| Q3 24 | $28.3M | $12.0M | ||
| Q2 24 | $22.7M | $26.0K |
| Q1 26 | — | — | ||
| Q4 25 | 66.2% | 15.3% | ||
| Q3 25 | 32.7% | 15.4% | ||
| Q2 25 | 13.4% | 7.3% | ||
| Q1 25 | 10.3% | 43.8% | ||
| Q4 24 | 116.6% | 17.1% | ||
| Q3 24 | 32.1% | 21.4% | ||
| Q2 24 | 24.9% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 21.6% | 4.7% | ||
| Q3 25 | 2.9% | 4.4% | ||
| Q2 25 | 6.8% | 3.1% | ||
| Q1 25 | 3.2% | 2.6% | ||
| Q4 24 | 7.3% | 3.2% | ||
| Q3 24 | 3.4% | 3.5% | ||
| Q2 24 | 0.1% | 3.7% |
| Q1 26 | — | 2.44× | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | 30.36× | 1.74× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | 1.97× | 2.02× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | 2.46× | 1.69× | ||
| Q2 24 | — | 0.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRSP
Segment breakdown not available.
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |
