OneSpan Inc. (OSPN) Financial Statements
Industry: Computer Integrated Systems Design (Services)
In fiscal 2025, OneSpan reported revenue of $243.2M, up 0.0% from $243.2M the year before. Net income was $72.9M (a 30.0% net margin), or $1.88 per diluted share. Gross margin was 73.8% and operating margin was 19.9%. Operating activities generated $59.5M of cash, leaving $50.5M of free cash flow. At fiscal year end, OneSpan held $397.7M in total assets against $125.9M in total liabilities, including $70.5M of cash and equivalents.
Open the full interactive OneSpan financials → Quarterly statements, key ratios, valuation history and price charts.
OneSpan Key Stats
| Share Price | $18.20 |
|---|---|
| Market Cap | $694.2M |
| P/E Ratio | 9.7 |
| Revenue YoY Growth | +0.0% |
| 52-Week Range | $9.96 – $18.42 |
| Shares Outstanding | 37.2 million (basic, 2026 Q2) |
OneSpan Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $215.7M | $214.5M | $219.0M | $235.1M | $243.2M | $243.2M |
| Cost of Goods Sold | $63.4M | $71.5M | $70.4M | $77.4M | $68.6M | $63.8M |
| Gross Profit | $152.3M | $142.9M | $148.6M | $157.7M | $174.6M | $179.4M |
| Operating Income | -$5.3M | -$26.1M | -$27.1M | -$28.9M | $44.8M | $48.4M |
| Pre-Tax Income | -$3.4M | -$26.1M | -$11.7M | -$27.3M | $46.5M | $49.4M |
| Income Tax | $2.0M | $4.4M | $2.7M | $2.5M | -$10.6M | -$23.5M |
| Net Income | -$5.5M | -$30.6M | -$14.4M | -$29.8M | $57.1M | $72.9M |
| Diluted EPS | -$0.14 | -$0.77 | -$0.36 | -$0.74 | $1.46 | $1.88 |
OneSpan Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $57.1M | $62.9M | $65.9M | $60.5M |
| Net Income | $6.5M | $43.5M | $11.6M | $6.8M |
| Diluted EPS | $0.17 | $1.12 | $0.30 | $0.18 |
OneSpan Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $88.4M | $63.4M | $96.5M | $42.5M | $83.2M | $70.5M |
| Current Assets | $207.2M | $187.1M | $197.5M | $146.3M | $175.1M | $172.2M |
| Total Assets | $375.2M | $342.3M | $335.1M | $289.2M | $338.7M | $397.7M |
| Current Liabilities | $75.3M | $89.1M | $110.8M | $114.8M | $110.3M | $114.6M |
| Total Liabilities | $117.9M | $122.5M | $131.8M | $130.1M | $126.2M | $125.9M |
| Shareholders' Equity | $257.3M | $219.8M | $203.3M | $159.1M | $212.5M | $271.8M |
OneSpan Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $14.9M | -$2.7M | -$5.8M | -$10.7M | $55.7M | $59.5M |
| Cash From Investing | -$4.7M | -$11.0M | $46.6M | -$12.0M | -$9.3M | -$35.6M |
| Cash From Financing | -$7.1M | -$10.4M | -$7.3M | -$32.1M | -$5.2M | -$38.4M |
| Free Cash Flow | $11.8M | -$4.9M | -$10.8M | -$23.2M | $46.4M | $50.5M |
Figures from OneSpan's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full OneSpan financials page for every line item.
OneSpan Company Profile
| Ticker | OSPN |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Integrated Systems Design (Services) |
| Headquarters | Boston, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001044777 |
Frequently Asked Questions
What was OneSpan's revenue in fiscal 2025?
OneSpan (OSPN) reported revenue of $243.2M for fiscal 2025.
What is OneSpan's annual revenue history?
OneSpan's annual revenue by fiscal year: 2020: $215.7M; 2021: $214.5M; 2022: $219.0M; 2023: $235.1M; 2024: $243.2M; 2025: $243.2M.
What was OneSpan's net income in fiscal 2025?
OneSpan reported net income of $72.9M for fiscal 2025.
What was OneSpan's earnings per share (EPS) in fiscal 2025?
OneSpan's diluted EPS was $1.88 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did OneSpan generate in fiscal 2025?
OneSpan generated $50.5M of free cash flow in fiscal 2025.
What was OneSpan's revenue last quarter?
In its most recent reported quarter (2026 Q2), OneSpan reported revenue of $60.5M.
How many shares of OneSpan are outstanding?
OneSpan reported a weighted average of 37.2 million basic shares outstanding in 2026 Q2.
What is OneSpan's market cap?
Based on its latest closing price, OneSpan (OSPN) has a market capitalization of about $694.2M.
When does OneSpan's fiscal year end?
OneSpan's fiscal year end, as registered with the SEC, is December 31.
Where is OneSpan headquartered?
OneSpan lists its business address in Boston, Massachusetts in its SEC filings.
OneSpan Competitors & Similar Companies
See all 37 Computer Integrated Systems Design (Services) companies →