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Side-by-side financial comparison of OneSpan Inc. (OSPN) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $65.9M, roughly 1.1× OneSpan Inc.). OneSpan Inc. runs the higher net margin — 17.5% vs 2.0%, a 15.5% gap on every dollar of revenue. On growth, OneSpan Inc. posted the faster year-over-year revenue change (4.1% vs -1.8%). Over the past eight quarters, OneSpan Inc.'s revenue compounded faster (4.0% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
OSPN vs RMAX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.9M | $71.1M |
| Net Profit | $11.6M | $1.4M |
| Gross Margin | 73.6% | — |
| Operating Margin | 22.5% | 13.1% |
| Net Margin | 17.5% | 2.0% |
| Revenue YoY | 4.1% | -1.8% |
| Net Profit YoY | — | -75.2% |
| EPS (diluted) | $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 | $62.9M | $71.1M | ||
| Q3 25 | $57.1M | $73.2M | ||
| Q2 25 | $59.8M | $72.8M | ||
| Q1 25 | $63.4M | $74.5M | ||
| Q4 24 | $61.2M | $72.5M | ||
| Q3 24 | $56.2M | $78.5M | ||
| Q2 24 | $60.9M | $78.5M |
| Q1 26 | $11.6M | — | ||
| Q4 25 | $43.5M | $1.4M | ||
| Q3 25 | $6.5M | $4.0M | ||
| Q2 25 | $8.3M | $4.7M | ||
| Q1 25 | $14.5M | $-2.0M | ||
| Q4 24 | $28.8M | $5.8M | ||
| Q3 24 | $8.3M | $966.0K | ||
| Q2 24 | $6.6M | $3.7M |
| 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 | 19.9% | 13.1% | ||
| Q3 25 | 14.4% | 25.0% | ||
| Q2 25 | 17.6% | 19.3% | ||
| Q1 25 | 27.1% | 7.2% | ||
| Q4 24 | 19.3% | 5.9% | ||
| Q3 24 | 20.0% | 19.4% | ||
| Q2 24 | 12.5% | 20.6% |
| Q1 26 | 17.5% | — | ||
| Q4 25 | 69.2% | 2.0% | ||
| Q3 25 | 11.4% | 5.4% | ||
| Q2 25 | 13.9% | 6.4% | ||
| Q1 25 | 22.9% | -2.6% | ||
| Q4 24 | 47.1% | 8.0% | ||
| Q3 24 | 14.7% | 1.2% | ||
| Q2 24 | 10.8% | 4.7% |
| 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 | — | ||
| 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 | $49.8M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $272.0M | $452.4M |
| Total Assets | $383.1M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $49.8M | — | ||
| Q4 25 | $70.5M | $118.7M | ||
| Q3 25 | $85.6M | $107.5M | ||
| Q2 25 | $92.9M | $94.3M | ||
| Q1 25 | $105.2M | $89.1M | ||
| Q4 24 | $83.2M | $96.6M | ||
| Q3 24 | $77.5M | $83.8M | ||
| Q2 24 | $63.8M | $66.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M |
| Q1 26 | $272.0M | — | ||
| Q4 25 | $271.8M | $452.4M | ||
| Q3 25 | $238.3M | $448.1M | ||
| Q2 25 | $242.5M | $442.4M | ||
| Q1 25 | $231.1M | $433.5M | ||
| Q4 24 | $212.5M | $429.5M | ||
| Q3 24 | $194.6M | $423.1M | ||
| Q2 24 | $178.6M | $418.4M |
| Q1 26 | $383.1M | — | ||
| Q4 25 | $397.7M | $582.5M | ||
| Q3 25 | $343.5M | $582.2M | ||
| Q2 25 | $357.1M | $574.8M | ||
| Q1 25 | $333.8M | $571.4M | ||
| Q4 24 | $338.7M | $581.6M | ||
| Q3 24 | $289.3M | $578.6M | ||
| Q2 24 | $286.9M | $571.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× |
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 | $28.2M | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | — | 10.4% |
| Cash ConversionOCF / Net Profit | 2.44× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $28.2M | — | ||
| Q4 25 | $12.6M | $40.9M | ||
| Q3 25 | $11.3M | $17.7M | ||
| Q2 25 | $6.2M | $4.6M | ||
| Q1 25 | $29.4M | $5.7M | ||
| Q4 24 | $12.4M | $59.7M | ||
| Q3 24 | $14.0M | $17.6M | ||
| Q2 24 | $2.3M | $15.9M |
| Q1 26 | — | — | ||
| Q4 25 | $9.6M | $33.5M | ||
| Q3 25 | $8.8M | $16.4M | ||
| Q2 25 | $4.4M | $2.9M | ||
| Q1 25 | $27.7M | $4.0M | ||
| Q4 24 | $10.5M | $53.0M | ||
| Q3 24 | $12.0M | $16.3M | ||
| Q2 24 | $26.0K | $14.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.3% | 47.1% | ||
| Q3 25 | 15.4% | 22.4% | ||
| Q2 25 | 7.3% | 4.0% | ||
| Q1 25 | 43.8% | 5.3% | ||
| Q4 24 | 17.1% | 73.2% | ||
| Q3 24 | 21.4% | 20.8% | ||
| Q2 24 | 0.0% | 17.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 10.4% | ||
| Q3 25 | 4.4% | 1.8% | ||
| Q2 25 | 3.1% | 2.2% | ||
| Q1 25 | 2.6% | 2.3% | ||
| Q4 24 | 3.2% | 9.1% | ||
| Q3 24 | 3.5% | 1.7% | ||
| Q2 24 | 3.7% | 2.4% |
| Q1 26 | 2.44× | — | ||
| Q4 25 | 0.29× | 28.39× | ||
| Q3 25 | 1.74× | 4.45× | ||
| Q2 25 | 0.75× | 0.97× | ||
| Q1 25 | 2.02× | — | ||
| Q4 24 | 0.43× | 10.28× | ||
| Q3 24 | 1.69× | 18.22× | ||
| Q2 24 | 0.35× | 4.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
