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Side-by-side financial comparison of Orange County Bancorp, Inc. (OBT) and OneSpan Inc. (OSPN). Click either name above to swap in a different company.
OneSpan Inc. is the larger business by last-quarter revenue ($62.9M vs $33.0M, roughly 1.9× Orange County Bancorp, Inc.). OneSpan Inc. runs the higher net margin — 69.2% vs 37.6%, a 31.6% gap on every dollar of revenue. On growth, Orange County Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs 2.9%). Orange County Bancorp, Inc. produced more free cash flow last quarter ($41.3M vs $9.6M). Over the past eight quarters, Orange County Bancorp, Inc.'s revenue compounded faster (14.3% CAGR vs -1.5%).
Orange County Bancorp, Inc. is a Delaware-registered bank holding company operating mainly in New York, U.S. It offers a full range of retail and commercial banking services, including deposit accounts, loans and wealth management solutions, serving individual consumers, small and mid-sized corporate clients in its regional footprint.
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.
OBT vs OSPN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $33.0M | $62.9M |
| Net Profit | $12.4M | $43.5M |
| Gross Margin | — | 73.6% |
| Operating Margin | 41.4% | 19.9% |
| Net Margin | 37.6% | 69.2% |
| Revenue YoY | 20.6% | 2.9% |
| Net Profit YoY | 73.5% | 51.3% |
| EPS (diluted) | $0.94 | $1.13 |
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.
| Q4 25 | $33.0M | $62.9M | ||
| Q3 25 | $33.7M | $57.1M | ||
| Q2 25 | $32.5M | $59.8M | ||
| Q1 25 | $28.0M | $63.4M | ||
| Q4 24 | $27.4M | $61.2M | ||
| Q3 24 | $27.1M | $56.2M | ||
| Q2 24 | $27.9M | $60.9M | ||
| Q1 24 | $25.3M | $64.8M |
| Q4 25 | $12.4M | $43.5M | ||
| Q3 25 | $10.0M | $6.5M | ||
| Q2 25 | $10.5M | $8.3M | ||
| Q1 25 | $8.7M | $14.5M | ||
| Q4 24 | $7.2M | $28.8M | ||
| Q3 24 | $3.2M | $8.3M | ||
| Q2 24 | $8.2M | $6.6M | ||
| Q1 24 | $9.3M | $13.5M |
| 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 24 | — | 73.1% |
| Q4 25 | 41.4% | 19.9% | ||
| Q3 25 | 38.6% | 14.4% | ||
| Q2 25 | 41.9% | 17.6% | ||
| Q1 25 | 40.3% | 27.1% | ||
| Q4 24 | 32.8% | 19.3% | ||
| Q3 24 | 14.8% | 20.0% | ||
| Q2 24 | 36.6% | 12.5% | ||
| Q1 24 | 45.9% | 21.8% |
| Q4 25 | 37.6% | 69.2% | ||
| Q3 25 | 29.7% | 11.4% | ||
| Q2 25 | 32.2% | 13.9% | ||
| Q1 25 | 31.1% | 22.9% | ||
| Q4 24 | 26.2% | 47.1% | ||
| Q3 24 | 11.8% | 14.7% | ||
| Q2 24 | 29.4% | 10.8% | ||
| Q1 24 | 36.7% | 20.8% |
| Q4 25 | $0.94 | $1.13 | ||
| Q3 25 | $0.75 | $0.17 | ||
| Q2 25 | $0.87 | $0.21 | ||
| Q1 25 | $0.77 | $0.37 | ||
| Q4 24 | $0.64 | $0.73 | ||
| Q3 24 | $0.28 | $0.21 | ||
| Q2 24 | $0.73 | $0.17 | ||
| Q1 24 | $0.82 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $70.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $284.4M | $271.8M |
| Total Assets | $2.7B | $397.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | — | $63.9M |
| Q4 25 | $284.4M | $271.8M | ||
| Q3 25 | $270.1M | $238.3M | ||
| Q2 25 | $252.6M | $242.5M | ||
| Q1 25 | $201.3M | $231.1M | ||
| Q4 24 | $185.5M | $212.5M | ||
| Q3 24 | $193.1M | $194.6M | ||
| Q2 24 | $177.5M | $178.6M | ||
| Q1 24 | $168.7M | $170.9M |
| Q4 25 | $2.7B | $397.7M | ||
| Q3 25 | $2.6B | $343.5M | ||
| Q2 25 | $2.6B | $357.1M | ||
| Q1 25 | $2.6B | $333.8M | ||
| Q4 24 | $2.5B | $338.7M | ||
| Q3 24 | $2.5B | $289.3M | ||
| Q2 24 | $2.5B | $286.9M | ||
| Q1 24 | $2.5B | $277.1M |
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 | $43.8M | $12.6M |
| Free Cash FlowOCF − Capex | $41.3M | $9.6M |
| FCF MarginFCF / Revenue | 125.1% | 15.3% |
| Capex IntensityCapex / Revenue | 7.6% | 4.7% |
| Cash ConversionOCF / Net Profit | 3.53× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $69.6M | $50.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $43.8M | $12.6M | ||
| Q3 25 | $30.2M | $11.3M | ||
| Q2 25 | $-5.0M | $6.2M | ||
| Q1 25 | $4.8M | $29.4M | ||
| Q4 24 | $34.6M | $12.4M | ||
| Q3 24 | $10.2M | $14.0M | ||
| Q2 24 | $9.3M | $2.3M | ||
| Q1 24 | $2.3M | $27.0M |
| Q4 25 | $41.3M | $9.6M | ||
| Q3 25 | $29.6M | $8.8M | ||
| Q2 25 | $-5.7M | $4.4M | ||
| Q1 25 | $4.3M | $27.7M | ||
| Q4 24 | $32.9M | $10.5M | ||
| Q3 24 | $10.0M | $12.0M | ||
| Q2 24 | $9.2M | $26.0K | ||
| Q1 24 | $2.0M | $23.9M |
| Q4 25 | 125.1% | 15.3% | ||
| Q3 25 | 87.8% | 15.4% | ||
| Q2 25 | -17.5% | 7.3% | ||
| Q1 25 | 15.5% | 43.8% | ||
| Q4 24 | 120.0% | 17.1% | ||
| Q3 24 | 36.7% | 21.4% | ||
| Q2 24 | 32.8% | 0.0% | ||
| Q1 24 | 7.9% | 36.9% |
| Q4 25 | 7.6% | 4.7% | ||
| Q3 25 | 1.8% | 4.4% | ||
| Q2 25 | 2.3% | 3.1% | ||
| Q1 25 | 1.8% | 2.6% | ||
| Q4 24 | 6.3% | 3.2% | ||
| Q3 24 | 1.1% | 3.5% | ||
| Q2 24 | 0.4% | 3.7% | ||
| Q1 24 | 1.0% | 4.7% |
| Q4 25 | 3.53× | 0.29× | ||
| Q3 25 | 3.01× | 1.74× | ||
| Q2 25 | -0.47× | 0.75× | ||
| Q1 25 | 0.56× | 2.02× | ||
| Q4 24 | 4.83× | 0.43× | ||
| Q3 24 | 3.19× | 1.69× | ||
| Q2 24 | 1.13× | 0.35× | ||
| Q1 24 | 0.24× | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OBT
Segment breakdown not available.
OSPN
| Transferred At Point In Time | $32.7M | 52% |
| Subscription | $21.1M | 34% |
| Maintenance Support And Other | $9.2M | 15% |
