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Side-by-side financial comparison of First Foundation Inc. (FFWM) 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 $48.4M, roughly 1.4× First Foundation Inc.). OneSpan Inc. runs the higher net margin — 17.5% vs -97.9%, a 115.4% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 4.1%). Over the past eight quarters, OneSpan Inc.'s revenue compounded faster (4.0% CAGR vs -2.7%).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
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.
FFWM vs OSPN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $48.4M | $65.9M |
| Net Profit | $-8.0M | $11.6M |
| Gross Margin | — | 73.6% |
| Operating Margin | -97.5% | 22.5% |
| Net Margin | -97.9% | 17.5% |
| Revenue YoY | 421.7% | 4.1% |
| Net Profit YoY | 43.0% | — |
| EPS (diluted) | $-0.09 | $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 | $48.4M | $62.9M | ||
| Q3 25 | $63.6M | $57.1M | ||
| Q2 25 | $51.4M | $59.8M | ||
| Q1 25 | $71.4M | $63.4M | ||
| Q4 24 | $9.3M | $61.2M | ||
| Q3 24 | $9.2M | $56.2M | ||
| Q2 24 | $57.5M | $60.9M |
| Q1 26 | — | $11.6M | ||
| Q4 25 | $-8.0M | $43.5M | ||
| Q3 25 | $-146.3M | $6.5M | ||
| Q2 25 | $-7.7M | $8.3M | ||
| Q1 25 | $6.9M | $14.5M | ||
| Q4 24 | $-14.1M | $28.8M | ||
| Q3 24 | $-82.2M | $8.3M | ||
| Q2 24 | $3.1M | $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 | -97.5% | 19.9% | ||
| Q3 25 | -92.7% | 14.4% | ||
| Q2 25 | -21.1% | 17.6% | ||
| Q1 25 | 8.8% | 27.1% | ||
| Q4 24 | -247.7% | 19.3% | ||
| Q3 24 | -1276.7% | 20.0% | ||
| Q2 24 | 4.6% | 12.5% |
| Q1 26 | — | 17.5% | ||
| Q4 25 | -97.9% | 69.2% | ||
| Q3 25 | -230.1% | 11.4% | ||
| Q2 25 | -15.0% | 13.9% | ||
| Q1 25 | 9.7% | 22.9% | ||
| Q4 24 | -152.2% | 47.1% | ||
| Q3 24 | -896.9% | 14.7% | ||
| Q2 24 | 5.4% | 10.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-0.09 | $1.13 | ||
| Q3 25 | $-1.78 | $0.17 | ||
| Q2 25 | $-0.09 | $0.21 | ||
| Q1 25 | $0.08 | $0.37 | ||
| Q4 24 | $-0.24 | $0.73 | ||
| Q3 24 | $-1.23 | $0.21 | ||
| Q2 24 | $0.05 | $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 | $1.6B | $49.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $912.6M | $272.0M |
| Total Assets | $11.9B | $383.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $49.8M | ||
| Q4 25 | $1.6B | $70.5M | ||
| Q3 25 | $1.7B | $85.6M | ||
| Q2 25 | $1.1B | $92.9M | ||
| Q1 25 | $1.0B | $105.2M | ||
| Q4 24 | $1.0B | $83.2M | ||
| Q3 24 | $1.1B | $77.5M | ||
| Q2 24 | $1.4B | $63.8M |
| Q1 26 | — | $272.0M | ||
| Q4 25 | $912.6M | $271.8M | ||
| Q3 25 | $917.9M | $238.3M | ||
| Q2 25 | $1.1B | $242.5M | ||
| Q1 25 | $1.1B | $231.1M | ||
| Q4 24 | $1.1B | $212.5M | ||
| Q3 24 | $1.1B | $194.6M | ||
| Q2 24 | $933.2M | $178.6M |
| Q1 26 | — | $383.1M | ||
| Q4 25 | $11.9B | $397.7M | ||
| Q3 25 | $11.9B | $343.5M | ||
| Q2 25 | $11.6B | $357.1M | ||
| Q1 25 | $12.6B | $333.8M | ||
| Q4 24 | $12.6B | $338.7M | ||
| Q3 24 | $13.4B | $289.3M | ||
| Q2 24 | $13.7B | $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 | $-31.9M | $28.2M |
| Free Cash FlowOCF − Capex | $-35.2M | — |
| FCF MarginFCF / Revenue | -72.8% | — |
| Capex IntensityCapex / Revenue | 6.9% | — |
| Cash ConversionOCF / Net Profit | — | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $28.2M | ||
| Q4 25 | $-31.9M | $12.6M | ||
| Q3 25 | $9.2M | $11.3M | ||
| Q2 25 | $-16.3M | $6.2M | ||
| Q1 25 | $-552.0K | $29.4M | ||
| Q4 24 | $-8.7M | $12.4M | ||
| Q3 24 | $14.2M | $14.0M | ||
| Q2 24 | $-9.1M | $2.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-35.2M | $9.6M | ||
| Q3 25 | $8.6M | $8.8M | ||
| Q2 25 | $-16.7M | $4.4M | ||
| Q1 25 | $-2.5M | $27.7M | ||
| Q4 24 | $-11.4M | $10.5M | ||
| Q3 24 | $13.4M | $12.0M | ||
| Q2 24 | $-9.4M | $26.0K |
| Q1 26 | — | — | ||
| Q4 25 | -72.8% | 15.3% | ||
| Q3 25 | 13.5% | 15.4% | ||
| Q2 25 | -32.4% | 7.3% | ||
| Q1 25 | -3.5% | 43.8% | ||
| Q4 24 | -123.5% | 17.1% | ||
| Q3 24 | 146.2% | 21.4% | ||
| Q2 24 | -16.3% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 4.7% | ||
| Q3 25 | 1.0% | 4.4% | ||
| Q2 25 | 0.8% | 3.1% | ||
| Q1 25 | 2.8% | 2.6% | ||
| Q4 24 | 29.4% | 3.2% | ||
| Q3 24 | 9.0% | 3.5% | ||
| Q2 24 | 0.4% | 3.7% |
| Q1 26 | — | 2.44× | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | -0.08× | 2.02× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | -2.96× | 0.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FFWM
Segment breakdown not available.
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |