OneSpan Inc.
OSPN Nasdaq· Services-Computer Integrated Systems Design
Last close · Oct 26, 2026
$20.60
KIRA · Stoqly’s AI analyst, in plain words
- OneSpan Inc. had $243M of revenue in fiscal 2025, up 0.0% on the year before. Over five years, revenue changed +2.4% a year on average.
- Its operating margin was 19.9%, up 1.5 pts: of every 100 in sales, about 20 is left after running the business.
- OneSpan Inc. made $72.9M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 24.1% a year.
- Free cash flow was $50.5M in fiscal 2025, 20.8% of revenue.
- OneSpan Inc. returned $31.6M to shareholders in fiscal 2025, 63% of free cash flow. The diluted share count fell 0.5%.
Market cap
$786M
P/E
11.6x
Revenue
$243M
Net income
$72.9M
Free cash flow
$50.5M
Operating margin
19.9%
OneSpan Inc. in 30 seconds · fiscal 2025
Are sales growing?
+0.0%
Only a little. Sales grew 0.0% last year.
Does it make a profit?
30.0%
Yes. It keeps 30.0% of every sale as profit.
Does profit turn into cash?
20.8%
Yes. 20.8% of sales ends up as free cash.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
11.6x
One share costs 11.6 times its yearly profit per share.
What OneSpan Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- OneSpan Inc.
- CIK
- 0001044777
OneSpan Inc. · OSPN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $214M | $219M | $235M | $243M | $243M |
| Revenue growth | −0.6% | 2.1% | 7.4% | 3.4% | 0.0% |
| Gross margin | 66.6% | 67.8% | 67.1% | 71.8% | 73.8% |
| Operating margin | −12.2% | −12.4% | −12.3% | 18.4% | 19.9% |
| Net income | −$30.6M | −$14.4M | −$29.8M | $57.1M | $72.9M |
| Net margin | −14.3% | −6.6% | −12.7% | 23.5% | 30.0% |
| Diluted EPS | −$0.77 | −$0.36 | −$0.74 | $1.46 | $1.88 |
| Cash | |||||
| Cash from operations | −$2.7M | −$5.8M | −$10.7M | $55.7M | $59.5M |
| Capital expenditure | $2.2M | $5.0M | $12.5M | $9.2M | $9.0M |
| Free cash flow | −$4.9M | −$10.8M | −$23.2M | $46.4M | $50.5M |
| FCF margin | −2.3% | −4.9% | −9.9% | 19.1% | 20.8% |
| Dividends paid | — | — | $0.0M | $0.0M | $18.5M |
| Share buybacks | $7.5M | $5.7M | $29.2M | $0.0M | $13.1M |
| Share count change | −1.1% | 1.3% | 0.1% | −2.8% | −0.5% |
| Debt and strength | |||||
| Cash and short-term investments | $63.4M | $96.2M | $43.0M | $83.2M | $70.5M |
| Shareholders' equity | $220M | $203M | $159M | $213M | $272M |
| Current ratio | 2.1x | 1.8x | 1.3x | 1.6x | 1.5x |
| Returns and quality | |||||
| Return on equity | −12.8% | −6.8% | −16.4% | 30.7% | 30.1% |
| Return on tangible equity | −29.9% | −14.4% | −54.6% | 50.7% | 46.1% |
| Piotroski F-score | 3 | 4 | 2 | 6 | 5 |
| Altman Z'' | 4.6 | 4.0 | 2.4 | 5.4 | 5.8 |
Insiders bought, 12 months
$0.7M
2 insiders
Insiders sold, 12 months
$0.6M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
OneSpan Inc. · OSPN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $20.60 a share, the company is worth $786M: 11.6 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001044777). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.