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Side-by-side financial comparison of OneSpan Inc. (OSPN) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

RMR GROUP INC. is the larger business by last-quarter revenue ($66.7M vs $65.9M, roughly 1.0× OneSpan Inc.). RMR GROUP INC. runs the higher net margin — 18.3% vs 17.5%, a 0.7% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs 4.1%).

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.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

OSPN vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.0× larger
RMR
$66.7M
$65.9M
OSPN
Growing faster (revenue YoY)
RMR
RMR
+36.7% gap
RMR
40.8%
4.1%
OSPN
Higher net margin
RMR
RMR
0.7% more per $
RMR
18.3%
17.5%
OSPN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OSPN
OSPN
RMR
RMR
Revenue
$65.9M
$66.7M
Net Profit
$11.6M
$12.2M
Gross Margin
73.6%
Operating Margin
22.5%
48.1%
Net Margin
17.5%
18.3%
Revenue YoY
4.1%
40.8%
Net Profit YoY
91.1%
EPS (diluted)
$0.39
$0.71

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
RMR
RMR
Q1 26
$65.9M
Q4 25
$62.9M
$66.7M
Q3 25
$57.1M
Q2 25
$59.8M
Q1 25
$63.4M
Q4 24
$61.2M
Q3 24
$56.2M
Q2 24
$60.9M
Net Profit
OSPN
OSPN
RMR
RMR
Q1 26
$11.6M
Q4 25
$43.5M
$12.2M
Q3 25
$6.5M
Q2 25
$8.3M
Q1 25
$14.5M
Q4 24
$28.8M
Q3 24
$8.3M
Q2 24
$6.6M
Gross Margin
OSPN
OSPN
RMR
RMR
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
RMR
RMR
Q1 26
22.5%
Q4 25
19.9%
48.1%
Q3 25
14.4%
Q2 25
17.6%
Q1 25
27.1%
Q4 24
19.3%
Q3 24
20.0%
Q2 24
12.5%
Net Margin
OSPN
OSPN
RMR
RMR
Q1 26
17.5%
Q4 25
69.2%
18.3%
Q3 25
11.4%
Q2 25
13.9%
Q1 25
22.9%
Q4 24
47.1%
Q3 24
14.7%
Q2 24
10.8%
EPS (diluted)
OSPN
OSPN
RMR
RMR
Q1 26
$0.39
Q4 25
$1.13
$0.71
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
OSPN
OSPN
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$49.8M
$49.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$272.0M
$232.7M
Total Assets
$383.1M
$687.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSPN
OSPN
RMR
RMR
Q1 26
$49.8M
Q4 25
$70.5M
$49.3M
Q3 25
$85.6M
Q2 25
$92.9M
Q1 25
$105.2M
Q4 24
$83.2M
Q3 24
$77.5M
Q2 24
$63.8M
Stockholders' Equity
OSPN
OSPN
RMR
RMR
Q1 26
$272.0M
Q4 25
$271.8M
$232.7M
Q3 25
$238.3M
Q2 25
$242.5M
Q1 25
$231.1M
Q4 24
$212.5M
Q3 24
$194.6M
Q2 24
$178.6M
Total Assets
OSPN
OSPN
RMR
RMR
Q1 26
$383.1M
Q4 25
$397.7M
$687.1M
Q3 25
$343.5M
Q2 25
$357.1M
Q1 25
$333.8M
Q4 24
$338.7M
Q3 24
$289.3M
Q2 24
$286.9M

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
RMR
RMR
Operating Cash FlowLast quarter
$28.2M
$10.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.44×
0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSPN
OSPN
RMR
RMR
Q1 26
$28.2M
Q4 25
$12.6M
$10.7M
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
RMR
RMR
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
RMR
RMR
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
RMR
RMR
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
RMR
RMR
Q1 26
2.44×
Q4 25
0.29×
0.88×
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%

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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