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Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) and OneSpan Inc. (OSPN). Click either name above to swap in a different company.
NACCO INDUSTRIES INC is the larger business by last-quarter revenue ($66.8M vs $65.9M, roughly 1.0× OneSpan Inc.). OneSpan Inc. runs the higher net margin — 17.5% vs -5.8%, a 23.3% gap on every dollar of revenue. On growth, OneSpan Inc. posted the faster year-over-year revenue change (4.1% vs -5.2%). Over the past eight quarters, NACCO INDUSTRIES INC's revenue compounded faster (11.9% CAGR vs 4.0%).
NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...
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.
NC vs OSPN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $66.8M | $65.9M |
| Net Profit | $-3.8M | $11.6M |
| Gross Margin | 18.0% | 73.6% |
| Operating Margin | 11.3% | 22.5% |
| Net Margin | -5.8% | 17.5% |
| Revenue YoY | -5.2% | 4.1% |
| Net Profit YoY | -150.8% | — |
| EPS (diluted) | $-0.53 | $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 | $66.8M | $62.9M | ||
| Q3 25 | $76.6M | $57.1M | ||
| Q2 25 | $68.2M | $59.8M | ||
| Q1 25 | $65.6M | $63.4M | ||
| Q4 24 | $70.4M | $61.2M | ||
| Q3 24 | $61.7M | $56.2M | ||
| Q2 24 | $52.3M | $60.9M |
| Q1 26 | — | $11.6M | ||
| Q4 25 | $-3.8M | $43.5M | ||
| Q3 25 | $13.3M | $6.5M | ||
| Q2 25 | $3.3M | $8.3M | ||
| Q1 25 | $4.9M | $14.5M | ||
| Q4 24 | $7.6M | $28.8M | ||
| Q3 24 | $15.6M | $8.3M | ||
| Q2 24 | $6.0M | $6.6M |
| Q1 26 | — | 73.6% | ||
| Q4 25 | 18.0% | 73.6% | ||
| Q3 25 | 13.0% | 73.6% | ||
| Q2 25 | 10.0% | 73.5% | ||
| Q1 25 | 14.7% | 74.3% | ||
| Q4 24 | 12.0% | 74.0% | ||
| Q3 24 | 11.7% | 73.9% | ||
| Q2 24 | 13.4% | 66.2% |
| Q1 26 | — | 22.5% | ||
| Q4 25 | 11.3% | 19.9% | ||
| Q3 25 | 8.8% | 14.4% | ||
| Q2 25 | -0.1% | 17.6% | ||
| Q1 25 | 11.7% | 27.1% | ||
| Q4 24 | 5.5% | 19.3% | ||
| Q3 24 | 31.9% | 20.0% | ||
| Q2 24 | 14.1% | 12.5% |
| Q1 26 | — | 17.5% | ||
| Q4 25 | -5.8% | 69.2% | ||
| Q3 25 | 17.3% | 11.4% | ||
| Q2 25 | 4.8% | 13.9% | ||
| Q1 25 | 7.5% | 22.9% | ||
| Q4 24 | 10.7% | 47.1% | ||
| Q3 24 | 25.4% | 14.7% | ||
| Q2 24 | 11.4% | 10.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-0.53 | $1.13 | ||
| Q3 25 | $1.78 | $0.17 | ||
| Q2 25 | $0.44 | $0.21 | ||
| Q1 25 | $0.66 | $0.37 | ||
| Q4 24 | $0.99 | $0.73 | ||
| Q3 24 | $2.14 | $0.21 | ||
| Q2 24 | $0.81 | $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 | $49.7M | $49.8M |
| Total DebtLower is stronger | $100.8M | — |
| Stockholders' EquityBook value | $429.2M | $272.0M |
| Total Assets | $661.2M | $383.1M |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $49.8M | ||
| Q4 25 | $49.7M | $70.5M | ||
| Q3 25 | $52.7M | $85.6M | ||
| Q2 25 | $49.4M | $92.9M | ||
| Q1 25 | $61.9M | $105.2M | ||
| Q4 24 | $72.8M | $83.2M | ||
| Q3 24 | $63.1M | $77.5M | ||
| Q2 24 | $62.4M | $63.8M |
| Q1 26 | — | — | ||
| Q4 25 | $100.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $99.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $29.0M | — |
| Q1 26 | — | $272.0M | ||
| Q4 25 | $429.2M | $271.8M | ||
| Q3 25 | $426.4M | $238.3M | ||
| Q2 25 | $413.1M | $242.5M | ||
| Q1 25 | $409.1M | $231.1M | ||
| Q4 24 | $404.9M | $212.5M | ||
| Q3 24 | $397.3M | $194.6M | ||
| Q2 24 | $384.1M | $178.6M |
| Q1 26 | — | $383.1M | ||
| Q4 25 | $661.2M | $397.7M | ||
| Q3 25 | $637.6M | $343.5M | ||
| Q2 25 | $631.3M | $357.1M | ||
| Q1 25 | $634.2M | $333.8M | ||
| Q4 24 | $631.7M | $338.7M | ||
| Q3 24 | $597.4M | $289.3M | ||
| Q2 24 | $560.1M | $286.9M |
| Q1 26 | — | — | ||
| Q4 25 | 0.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.08× | — |
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 | $11.4M | $28.2M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $28.2M | ||
| Q4 25 | $11.4M | $12.6M | ||
| Q3 25 | $42.3M | $11.3M | ||
| Q2 25 | $-7.8M | $6.2M | ||
| Q1 25 | $5.0M | $29.4M | ||
| Q4 24 | $25.2M | $12.4M | ||
| Q3 24 | $2.8M | $14.0M | ||
| Q2 24 | $4.1M | $2.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $9.6M | ||
| Q3 25 | — | $8.8M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | — | $27.7M | ||
| Q4 24 | — | $10.5M | ||
| Q3 24 | — | $12.0M | ||
| Q2 24 | — | $26.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | 15.3% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | — | 21.4% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 4.4% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | 3.7% |
| Q1 26 | — | 2.44× | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | 3.19× | 1.74× | ||
| Q2 25 | -2.39× | 0.75× | ||
| Q1 25 | 1.03× | 2.02× | ||
| Q4 24 | 3.33× | 0.43× | ||
| Q3 24 | 0.18× | 1.69× | ||
| Q2 24 | 0.68× | 0.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NC
| Transferred Over Time | $42.7M | 64% |
| Transferred At Point In Time | $24.1M | 36% |
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |
