OSPN · OneSpan Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $246.38M | $243.18M | $243.18MG | $235.11M | $219.01M | $214.48M | $215.69M | $253.48M | $211.34M | $193.29M | $192.3M | $241.44M | $201.54M | $155.05M | $154.03M | $168.08M | $107.96M | $101.7M | |
| — | — | — | — | — | — | — | — | — | — | $785K | $364K | $118K | $162K | $261K | $543K | $324K | $572K | |
| $65.09M | $63.83M | $68.6M | $77.39M | $70.44M | $71.55M | $67.63M | $85.65M | $64.81M | $58.78M | $61.65M | $97.9M | $75.9M | $55.18M | $54.46M | $59.97M | $32M | $30.54M | |
| $181.29M | $179.35M | $174.58M | $157.72M | $148.57M | $142.94M | $148.06M | $167.84M | $146.52M | $134.51M | $130.66M | $143.54M | $125.64M | $99.87M | $99.57M | $108.11M | $75.97M | $71.16M | |
| — | 73.75% | 71.79% | 67.08% | 67.84% | 66.64% | 68.64% | 66.21% | 69.33% | 69.59% | 67.94% | 59.45% | 62.34% | 64.41% | 64.64% | 64.32% | 70.36% | 69.97% | |
| $35.77M | $34.16M | $32.42M | $38.42M | $41.74M | $47.41M | $41.19M | $42.46M | $32.2M | $23.12M | $23.21M | $17.46M | $18.55M | $21.32M | $18.79M | $18.64M | $13.57M | $11.58M | |
| $49.74M | $46.95M | $44.55M | $70.24M | $60.95M | $62.73M | $56.66M | $57.82M | $63.81M | $58.99M | $57.35M | $38.2M | $42.19M | $40.32M | $37.77M | $40.29M | $31.03M | $30.3M | |
| $47.28M | $45.69M | $46.01M | $58.27M | $55.55M | $53.03M | $46.34M | $43.9M | $41.59M | $37.4M | $31.65M | $32.49M | $22.29M | $21.2M | $20.07M | $22.45M | $18.54M | $16.18M | |
| $2.71M | $2.48M | $2.35M | $2.35M | $4.14M | $5.89M | $9.1M | $9.47M | $9.37M | $8.81M | $8.85M | $4.94M | $4.53M | $3.33M | $1.91M | $1.97M | $443K | $453K | |
| — | $10.07M | $8.36M | $6.48M | $7.07M | $8.93M | $12M | $11.55M | $12.14M | $10.6M | $10.78M | $6.3M | $6.16M | $5.04M | $3.64M | $3.81M | $2.46M | $3.34M | |
| $1.16M | $1.63M | $4.44M | $17.31M | $13.31M | $0 | $0 | — | — | — | — | — | — | — | — | — | — | — | |
| $136.98M | $130.91M | $129.77M | $186.59M | $175.69M | $169.06M | $153.32M | $153.65M | $147.44M | $128.32M | $121.06M | $93.09M | $87.55M | $86.16M | $78.54M | $83.35M | $63.58M | $58.52M | |
| $44.32M | $48.45M | $44.81M | -$28.87M | -$27.12M | -$26.13M | -$5.26M | $14.19M | -$920K | $6.19M | $9.6M | $50.45M | $38.09M | $13.71M | $21.03M | $24.77M | $12.39M | $12.64M | |
| — | 19.92% | 18.42% | -12.28% | -12.38% | -12.18% | -2.44% | 5.6% | -0.44% | 3.2% | 4.99% | 20.9% | 18.9% | 8.84% | 13.65% | 14.73% | 11.48% | 12.43% | |
| — | $58.52M | $53.17M | -$22.39M | -$20.05M | -$17.2M | $6.75M | $25.73M | $11.22M | $16.79M | $20.38M | $56.76M | $44.24M | $18.75M | $24.67M | $28.57M | $14.85M | $15.99M | |
| -$730K | -$1.07M | -$125K | -$532K | $14.83M | -$14K | $1.43M | -$527K | $2.26M | $758K | $993K | $38K | -$286K | $240K | $409K | $500K | $698K | $2.11M | |
| — | — | $0 | $0 | $14.81M | $0 | — | — | — | — | — | — | — | — | — | — | — | — | |
| $43.97M | $49.36M | $46.49M | -$27.31M | -$11.69M | -$26.14M | -$3.42M | $14.41M | $2.61M | $8.38M | $11.38M | $50.86M | $37.92M | $14.11M | $21.7M | $25.81M | $13.41M | $15.32M | |
| -$24.43M | -$23.54M | -$10.6M | $2.49M | $2.74M | $4.44M | $2.04M | $6.55M | -$435K | $30.78M | $863K | $8.7M | $5.31M | $3.15M | $5.47M | $1.56M | $2.61M | $3.46M | |
| $68.4M | $72.9M | $57.08M | -$29.8M | -$14.43M | -$30.58M | -$5.46M | $7.86M | $3.04M | -$22.4M | $10.51M | $42.15M | $33.48M | $11.15M | $15.6M | $18.13M | $10.81M | $11.86M | |
| — | 29.98% | 23.47% | -12.67% | -6.59% | -14.26% | -2.53% | 3.1% | 1.44% | -11.59% | 5.47% | 17.46% | 16.61% | 7.19% | 10.13% | 10.79% | 10.01% | 11.66% | |
| $65.69M | $80.68M | $54.24M | -$26.33M | -$17.8M | -$31.55M | -$2.38M | $7.86M | -$1.68M | -$18.06M | $6.29M | $38.31M | — | — | — | — | — | — | |
| USD/shares | — | $1.91 | $1.49 | -$0.74 | -$0.36 | -$0.77 | -$0.14 | $0.20 | $0.08 | -$0.56 | $0.27 | $1.07 | $0.85 | $0.28 | $0.41 | $0.48 | $0.29 | $0.32 |
| USD/shares | — | $1.88 | $1.46 | -$0.74 | -$0.36 | -$0.77 | -$0.14 | $0.20 | $0.08 | -$0.56 | $0.27 | $1.06 | $0.85 | $0.28 | $0.40 | $0.47 | $0.28 | $0.31 |
| shares | — | 38.21M | 38.39M | 40.19M | 40.14M | 39.61M | 40.04M | 40.05K | 39.93M | 39.8M | 39.72M | 39.57M | 39.34M | 38.87M | 38.07M | 37.56M | 37.41M | 37.32M |
| shares | — | 38.88M | 39.09M | 40.19M | 40.14M | 39.61M | 40.04M | 40.14K | 40.05M | 39.8M | 39.78M | 39.74M | 39.5M | 39.16M | 38.68M | 38.57M | 38.24M | 38.08M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2020–FY2025: $60.52M in buybacks, $18.46M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 75 similar-size Software - Infrastructure companies (of 149 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cybersecurity Segment | $177,688,000 | $182,187,000 | $184,181,000 | — | — | — | — | — |
| Digital Agreements Segment | $65,492,000 | — | — | — | — | — | — | — |
| Asia Pacific Segment | — | — | — | $40,968,000 | — | $45,434,000 | $45,965,000 | $54,008,000 |
| Digital Agreements | — | $60,992,000 | $50,925,000 | — | $40,551,000 | $29,633,000 | — | — |
| Europe Middle East Africa EMEA | — | — | — | $100,298,000 | — | $117,086,000 | — | — |
| Europe Middle East Africa Segment | — | — | — | — | — | $117,086,000 | $145,942,000 | $102,349,000 |
| Security Solutions | — | — | — | — | $173,930,000 | $186,058,000 | — | — |
| United States and Canada Segment | — | — | — | $77,740,000 | — | $53,171,000 | $61,577,000 | $54,979,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| EMEA | $102,604,000 | $108,555,000 | $111,568,000 | $100,298,000 | $104,878,000 | $117,086,000 | $145,942,000 | $102,349,000 |
| Americas | $95,709,000 | $86,803,000 | $80,057,000 | $77,740,000 | $68,646,000 | $53,171,000 | $61,577,000 | $54,979,000 |
| Asia Pacific | $44,867,000 | $47,821,000 | $43,481,000 | $40,968,000 | $40,957,000 | $45,434,000 | $45,965,000 | $54,008,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Subscription | $156,128,000 | $139,403,000 | $106,436,000 | $89,153,000 | $68,507,000 | $52,389,000 | $22,280,000 | $15,432,000 |
| Hardware Products | $49,107,000 | $58,851,000 | $75,966,000 | $73,500,000 | — | — | — | — |
| Maintenance Support and Other | $34,826,000 | $40,078,000 | $46,383,000 | $48,345,000 | $51,276,000 | $49,228,000 | — | — |
| Professional Services and Other | $3,119,000 | $4,847,000 | $6,321,000 | $8,008,000 | — | — | — | — |
| Licenses | — | — | — | — | $40,857,000 | $51,137,000 | $56,308,000 | $46,494,000 |
| Maintenance Support | — | — | — | — | $51,276,000 | $49,228,000 | $42,132,000 | $38,107,000 |
| Product and License | — | — | $130,848,000 | $121,426,000 | $120,358,000 | $132,986,000 | — | — |
| Products | — | — | $75,966,000 | $73,500,000 | $79,501,000 | $81,849,000 | $127,005,000 | $105,560,000 |
| Professional Services | — | — | $6,321,000 | $8,008,000 | $15,197,000 | $32,225,000 | — | — |
| Service and Other | — | — | $104,258,000 | $97,580,000 | $94,123,000 | $82,705,000 | — | — |
| Services and Other | — | — | $104,258,000 | $97,580,000 | — | — | — | — |
| Services | — | — | — | — | $4,634,000 | $5,689,000 | $5,759,000 | $5,743,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cybersecurity Segment | $80,005,000 | $90,062,000 | $60,190,000 | — | — | — |
| Digital Agreements Segment | $15,961,000 | $5,615,000 | -$18,525,000 | — | — | — |
| Digital Agreements | — | $5,615,000 | -$18,525,000 | $5,348,000 | -$1,612,000 | -$7,559,000 |
| Security Solutions | — | $90,062,000 | $60,190,000 | $32,051,000 | $35,395,000 | $55,295,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Cybersecurity Segment | 45% | 49.4% | 32.7% | — | — |
| Digital Agreements Segment | 24.4% | — | — | — | — |
| Digital Agreements | — | 9.2% | -36.4% | -4% | -25.5% |
| Security Solutions | — | — | — | 20.4% | 29.7% |