vs

Side-by-side financial comparison of OneSpan Inc. (OSPN) and Proficient Auto Logistics, Inc (PAL). Click either name above to swap in a different company.

Proficient Auto Logistics, Inc is the larger business by last-quarter revenue ($91.5M vs $65.9M, roughly 1.4× OneSpan Inc.). OneSpan Inc. runs the higher net margin — 17.5% vs -1.5%, a 19.0% gap on every dollar of revenue.

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.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

OSPN vs PAL — Head-to-Head

Bigger by revenue
PAL
PAL
1.4× larger
PAL
$91.5M
$65.9M
OSPN
Higher net margin
OSPN
OSPN
19.0% more per $
OSPN
17.5%
-1.5%
PAL

Income Statement — Q1 FY2026 vs Q3 FY2024

Metric
OSPN
OSPN
PAL
PAL
Revenue
$65.9M
$91.5M
Net Profit
$11.6M
$-1.4M
Gross Margin
73.6%
Operating Margin
22.5%
-2.4%
Net Margin
17.5%
-1.5%
Revenue YoY
4.1%
Net Profit YoY
EPS (diluted)
$0.39
$-0.05

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.

Revenue
OSPN
OSPN
PAL
PAL
Q1 26
$65.9M
Q4 25
$62.9M
Q3 25
$57.1M
Q2 25
$59.8M
Q1 25
$63.4M
Q4 24
$61.2M
Q3 24
$56.2M
$91.5M
Q2 24
$60.9M
Net Profit
OSPN
OSPN
PAL
PAL
Q1 26
$11.6M
Q4 25
$43.5M
Q3 25
$6.5M
Q2 25
$8.3M
Q1 25
$14.5M
Q4 24
$28.8M
Q3 24
$8.3M
$-1.4M
Q2 24
$6.6M
Gross Margin
OSPN
OSPN
PAL
PAL
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%
Operating Margin
OSPN
OSPN
PAL
PAL
Q1 26
22.5%
Q4 25
19.9%
Q3 25
14.4%
Q2 25
17.6%
Q1 25
27.1%
Q4 24
19.3%
Q3 24
20.0%
-2.4%
Q2 24
12.5%
Net Margin
OSPN
OSPN
PAL
PAL
Q1 26
17.5%
Q4 25
69.2%
Q3 25
11.4%
Q2 25
13.9%
Q1 25
22.9%
Q4 24
47.1%
Q3 24
14.7%
-1.5%
Q2 24
10.8%
EPS (diluted)
OSPN
OSPN
PAL
PAL
Q1 26
$0.39
Q4 25
$1.13
Q3 25
$0.17
Q2 25
$0.21
Q1 25
$0.37
Q4 24
$0.73
Q3 24
$0.21
$-0.05
Q2 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OSPN
OSPN
PAL
PAL
Cash + ST InvestmentsLiquidity on hand
$49.8M
$16.8M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$272.0M
$338.5M
Total Assets
$383.1M
$498.2M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSPN
OSPN
PAL
PAL
Q1 26
$49.8M
Q4 25
$70.5M
Q3 25
$85.6M
Q2 25
$92.9M
Q1 25
$105.2M
Q4 24
$83.2M
Q3 24
$77.5M
$16.8M
Q2 24
$63.8M
Total Debt
OSPN
OSPN
PAL
PAL
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$64.0M
Q2 24
Stockholders' Equity
OSPN
OSPN
PAL
PAL
Q1 26
$272.0M
Q4 25
$271.8M
Q3 25
$238.3M
Q2 25
$242.5M
Q1 25
$231.1M
Q4 24
$212.5M
Q3 24
$194.6M
$338.5M
Q2 24
$178.6M
Total Assets
OSPN
OSPN
PAL
PAL
Q1 26
$383.1M
Q4 25
$397.7M
Q3 25
$343.5M
Q2 25
$357.1M
Q1 25
$333.8M
Q4 24
$338.7M
Q3 24
$289.3M
$498.2M
Q2 24
$286.9M
Debt / Equity
OSPN
OSPN
PAL
PAL
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.19×
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
OSPN
OSPN
PAL
PAL
Operating Cash FlowLast quarter
$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.

Operating Cash Flow
OSPN
OSPN
PAL
PAL
Q1 26
$28.2M
Q4 25
$12.6M
Q3 25
$11.3M
Q2 25
$6.2M
Q1 25
$29.4M
Q4 24
$12.4M
Q3 24
$14.0M
Q2 24
$2.3M
Free Cash Flow
OSPN
OSPN
PAL
PAL
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
FCF Margin
OSPN
OSPN
PAL
PAL
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%
Capex Intensity
OSPN
OSPN
PAL
PAL
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%
Cash Conversion
OSPN
OSPN
PAL
PAL
Q1 26
2.44×
Q4 25
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

OSPN
OSPN

Product and license$35.5M54%
Services and other$30.4M46%

PAL
PAL

Segment breakdown not available.

Related Comparisons