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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) 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 $50.1M, roughly 1.3× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 17.5%, a 14.6% gap on every dollar of revenue.
Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics 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.
LPA vs OSPN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $65.9M |
| Net Profit | $16.1M | $11.6M |
| Gross Margin | — | 73.6% |
| Operating Margin | 81.7% | 22.5% |
| Net Margin | 32.1% | 17.5% |
| Revenue YoY | — | 4.1% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.33 | $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 | $50.1M | $62.9M | ||
| Q3 25 | $32.7M | $57.1M | ||
| Q2 25 | $21.5M | $59.8M | ||
| Q1 25 | $10.5M | $63.4M | ||
| Q4 24 | — | $61.2M | ||
| Q3 24 | $19.2M | $56.2M | ||
| Q2 24 | — | $60.9M |
| Q1 26 | — | $11.6M | ||
| Q4 25 | $16.1M | $43.5M | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | $8.3M | ||
| Q1 25 | — | $14.5M | ||
| Q4 24 | — | $28.8M | ||
| Q3 24 | — | $8.3M | ||
| Q2 24 | — | $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 | 81.7% | 19.9% | ||
| Q3 25 | — | 14.4% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 27.1% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 20.0% | ||
| Q2 24 | — | 12.5% |
| Q1 26 | — | 17.5% | ||
| Q4 25 | 32.1% | 69.2% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | — | 22.9% | ||
| Q4 24 | — | 47.1% | ||
| Q3 24 | — | 14.7% | ||
| Q2 24 | — | 10.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $0.33 | $1.13 | ||
| Q3 25 | $0.09 | $0.17 | ||
| Q2 25 | $-0.06 | $0.21 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | — | $0.73 | ||
| Q3 24 | $-1.26 | $0.21 | ||
| Q2 24 | — | $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 | $27.3M | $49.8M |
| Total DebtLower is stronger | $296.8M | — |
| Stockholders' EquityBook value | $324.6M | $272.0M |
| Total Assets | $700.8M | $383.1M |
| Debt / EquityLower = less leverage | 0.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $49.8M | ||
| Q4 25 | $27.3M | $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 | — | — | ||
| Q4 25 | $296.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $272.0M | ||
| Q4 25 | $324.6M | $271.8M | ||
| Q3 25 | — | $238.3M | ||
| Q2 25 | — | $242.5M | ||
| Q1 25 | — | $231.1M | ||
| Q4 24 | — | $212.5M | ||
| Q3 24 | — | $194.6M | ||
| Q2 24 | — | $178.6M |
| Q1 26 | — | $383.1M | ||
| Q4 25 | $700.8M | $397.7M | ||
| Q3 25 | — | $343.5M | ||
| Q2 25 | — | $357.1M | ||
| Q1 25 | — | $333.8M | ||
| Q4 24 | — | $338.7M | ||
| Q3 24 | — | $289.3M | ||
| Q2 24 | — | $286.9M |
| Q1 26 | — | — | ||
| Q4 25 | 0.91× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $21.6M | $28.2M |
| Free Cash FlowOCF − Capex | $21.4M | — |
| FCF MarginFCF / Revenue | 42.7% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.34× | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | $12.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $28.2M | ||
| Q4 25 | $21.6M | $12.6M | ||
| Q3 25 | $14.4M | $11.3M | ||
| Q2 25 | $7.2M | $6.2M | ||
| Q1 25 | $4.4M | $29.4M | ||
| Q4 24 | — | $12.4M | ||
| Q3 24 | $8.3M | $14.0M | ||
| Q2 24 | — | $2.3M |
| Q1 26 | — | — | ||
| Q4 25 | $21.4M | $9.6M | ||
| Q3 25 | $-7.3M | $8.8M | ||
| Q2 25 | $-3.1M | $4.4M | ||
| Q1 25 | $966.4K | $27.7M | ||
| Q4 24 | — | $10.5M | ||
| Q3 24 | $-2.4M | $12.0M | ||
| Q2 24 | — | $26.0K |
| Q1 26 | — | — | ||
| Q4 25 | 42.7% | 15.3% | ||
| Q3 25 | -22.2% | 15.4% | ||
| Q2 25 | -14.4% | 7.3% | ||
| Q1 25 | 9.2% | 43.8% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | -12.3% | 21.4% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 4.7% | ||
| Q3 25 | 66.1% | 4.4% | ||
| Q2 25 | 47.9% | 3.1% | ||
| Q1 25 | 32.5% | 2.6% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | 55.5% | 3.5% | ||
| Q2 24 | — | 3.7% |
| Q1 26 | — | 2.44× | ||
| Q4 25 | 1.34× | 0.29× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | — | 2.02× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 0.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPA
Segment breakdown not available.
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |
