OneSpan Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	243.18	243.18	235.11	219.01	214.48
Revenue Growth (YoY)	0%	3.43%	7.35%	2.11%	-0.56%
Cost of Revenue	63.83	68.6	77.39	70.44	71.55
Gross Profit	179.35	174.58	157.72	148.57	142.94
Selling, General & Admin	92.64	90.55	128.5	116.5	115.76
Depreciation & Amortization Expenses	2.48	2.35	2.35	4.14	5.89
Research & Development	34.16	32.42	38.42	41.74	47.41
Other Operating Expenses	1.63	4.44	17.31	13.31	-
Total Operating Expenses	130.91	129.77	186.59	175.69	169.06
Operating Income	48.45	44.81	-28.87	-27.12	-26.13
Interest Income	1.99	1.81	2.09	0.6	-0
Other Non-Operating Income (Expense)	-1.07	-0.13	-0.53	14.83	-0.01
Total Non-Operating Income (Expense)	0.92	1.68	1.56	15.42	-0.02
Pretax Income	49.36	46.49	-27.31	-11.69	-26.14
Provision for Income Taxes	-23.54	-10.6	2.49	2.74	4.44
Net Income	72.9	57.08	-29.8	-14.43	-30.58
Net Income to Common	72.9	57.08	-29.8	-14.43	-30.58
Net Income Growth	27.72%	-	-	-	-
Shares Outstanding (Basic)	38	38	40	40	40
Shares Outstanding (Diluted)	39	39	40	40	40
Shares Change (YoY)	-0.53%	-2.76%	0.13%	1.33%	-1.05%
EPS (Basic)	1.91	1.49	-0.74	-0.36	-0.77
EPS (Diluted)	1.88	1.46	-0.74	-0.36	-0.77
EPS Growth	28.77%	-	-	-	-
Shares Outstanding	37.36	38.06	37.52	39.73	40
Free Cash Flow	50.5	46.42	-23.22	-10.76	-4.91
Free Cash Flow Growth	8.77%	-	-	-	-
Free Cash Flow Per Share	1.30	1.19	-0.58	-0.27	-0.12
Dividends Per Share	0.490	0.120	-	-	-
Dividend Growth	308.33%	-	-	-	-
Gross Margin	73.75%	71.79%	67.08%	67.84%	66.64%
Operating Margin	19.92%	18.42%	-12.28%	-12.38%	-12.18%
Profit Margin	29.98%	23.47%	-12.67%	-6.59%	-14.26%
FCF Margin	20.76%	19.09%	-9.88%	-4.91%	-2.29%
EBITDA	58.52	53.17	-22.39	-20.05	-17.2
EBITDA Margin	24.06%	21.86%	-9.52%	-9.15%	-8.02%
EBIT	48.45	44.81	-28.87	-27.12	-26.13
EBIT Margin	19.92%	18.42%	-12.28%	-12.38%	-12.18%
Effective Tax Rate	-47.69%	-22.79%	-9.10%	-23.44%	-16.99%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q