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Side-by-side financial comparison of OneSpan Inc. (OSPN) and Sila Realty Trust, Inc. (SILA). Click either name above to swap in a different company.

OneSpan Inc. is the larger business by last-quarter revenue ($65.9M vs $50.1M, roughly 1.3× Sila Realty Trust, Inc.). OneSpan Inc. runs the higher net margin — 17.5% vs 10.0%, a 7.5% gap on every dollar of revenue. On growth, Sila Realty Trust, Inc. posted the faster year-over-year revenue change (7.6% vs 4.1%). Over the past eight quarters, OneSpan Inc.'s revenue compounded faster (4.0% CAGR vs -0.6%).

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.

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

OSPN vs SILA — Head-to-Head

Bigger by revenue
OSPN
OSPN
1.3× larger
OSPN
$65.9M
$50.1M
SILA
Growing faster (revenue YoY)
SILA
SILA
+3.5% gap
SILA
7.6%
4.1%
OSPN
Higher net margin
OSPN
OSPN
7.5% more per $
OSPN
17.5%
10.0%
SILA
Faster 2-yr revenue CAGR
OSPN
OSPN
Annualised
OSPN
4.0%
-0.6%
SILA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OSPN
OSPN
SILA
SILA
Revenue
$65.9M
$50.1M
Net Profit
$11.6M
$5.0M
Gross Margin
73.6%
88.9%
Operating Margin
22.5%
Net Margin
17.5%
10.0%
Revenue YoY
4.1%
7.6%
Net Profit YoY
-54.9%
EPS (diluted)
$0.39
$0.10

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
SILA
SILA
Q1 26
$65.9M
Q4 25
$62.9M
$50.1M
Q3 25
$57.1M
$49.8M
Q2 25
$59.8M
$48.7M
Q1 25
$63.4M
$48.3M
Q4 24
$61.2M
$46.5M
Q3 24
$56.2M
$46.1M
Q2 24
$60.9M
$43.6M
Net Profit
OSPN
OSPN
SILA
SILA
Q1 26
$11.6M
Q4 25
$43.5M
$5.0M
Q3 25
$6.5M
$11.6M
Q2 25
$8.3M
$8.6M
Q1 25
$14.5M
$7.9M
Q4 24
$28.8M
$11.1M
Q3 24
$8.3M
$11.9M
Q2 24
$6.6M
$4.6M
Gross Margin
OSPN
OSPN
SILA
SILA
Q1 26
73.6%
Q4 25
73.6%
88.9%
Q3 25
73.6%
88.1%
Q2 25
73.5%
87.7%
Q1 25
74.3%
86.9%
Q4 24
74.0%
87.3%
Q3 24
73.9%
87.4%
Q2 24
66.2%
86.6%
Operating Margin
OSPN
OSPN
SILA
SILA
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%
Q2 24
12.5%
Net Margin
OSPN
OSPN
SILA
SILA
Q1 26
17.5%
Q4 25
69.2%
10.0%
Q3 25
11.4%
23.3%
Q2 25
13.9%
17.6%
Q1 25
22.9%
16.4%
Q4 24
47.1%
23.9%
Q3 24
14.7%
25.9%
Q2 24
10.8%
10.6%
EPS (diluted)
OSPN
OSPN
SILA
SILA
Q1 26
$0.39
Q4 25
$1.13
$0.10
Q3 25
$0.17
$0.21
Q2 25
$0.21
$0.15
Q1 25
$0.37
$0.14
Q4 24
$0.73
$0.20
Q3 24
$0.21
$0.21
Q2 24
$0.17
$0.08

Balance Sheet & Financial Strength

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

Metric
OSPN
OSPN
SILA
SILA
Cash + ST InvestmentsLiquidity on hand
$49.8M
$32.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$272.0M
$1.3B
Total Assets
$383.1M
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSPN
OSPN
SILA
SILA
Q1 26
$49.8M
Q4 25
$70.5M
$32.3M
Q3 25
$85.6M
$27.7M
Q2 25
$92.9M
$24.8M
Q1 25
$105.2M
$30.5M
Q4 24
$83.2M
$39.8M
Q3 24
$77.5M
$28.6M
Q2 24
$63.8M
$87.0M
Stockholders' Equity
OSPN
OSPN
SILA
SILA
Q1 26
$272.0M
Q4 25
$271.8M
$1.3B
Q3 25
$238.3M
$1.3B
Q2 25
$242.5M
$1.4B
Q1 25
$231.1M
$1.4B
Q4 24
$212.5M
$1.4B
Q3 24
$194.6M
$1.4B
Q2 24
$178.6M
$1.5B
Total Assets
OSPN
OSPN
SILA
SILA
Q1 26
$383.1M
Q4 25
$397.7M
$2.1B
Q3 25
$343.5M
$2.1B
Q2 25
$357.1M
$2.0B
Q1 25
$333.8M
$2.0B
Q4 24
$338.7M
$2.0B
Q3 24
$289.3M
$2.0B
Q2 24
$286.9M
$2.1B

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
SILA
SILA
Operating Cash FlowLast quarter
$28.2M
$119.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.44×
23.76×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSPN
OSPN
SILA
SILA
Q1 26
$28.2M
Q4 25
$12.6M
$119.1M
Q3 25
$11.3M
$30.0M
Q2 25
$6.2M
$31.9M
Q1 25
$29.4M
$24.1M
Q4 24
$12.4M
$132.8M
Q3 24
$14.0M
$29.1M
Q2 24
$2.3M
$31.6M
Free Cash Flow
OSPN
OSPN
SILA
SILA
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
SILA
SILA
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
SILA
SILA
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
SILA
SILA
Q1 26
2.44×
Q4 25
0.29×
23.76×
Q3 25
1.74×
2.59×
Q2 25
0.75×
3.71×
Q1 25
2.02×
3.06×
Q4 24
0.43×
11.95×
Q3 24
1.69×
2.43×
Q2 24
0.35×
6.84×

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%

SILA
SILA

Segment breakdown not available.

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