OneSpan Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	245.76	243.18	243.18	235.11	219.01	214.48
Revenue Growth (YoY)	1.68%	0%	3.43%	7.35%	2.11%	-0.56%
Cost of Revenue	64.98	63.83	68.6	77.39	70.44	71.55
Gross Profit	180.78	179.35	174.58	157.72	148.57	142.94
Selling, General & Admin	95.28	92.64	90.55	128.5	116.5	115.76
Depreciation & Amortization Expenses	2.62	2.48	2.35	2.35	4.14	5.89
Research & Development	35.31	34.16	32.42	38.42	41.74	47.41
Other Operating Expenses	1.49	1.63	4.44	17.31	13.31	-
Total Operating Expenses	134.7	130.91	129.77	186.59	175.69	169.06
Operating Income	46.08	48.45	44.81	-28.87	-27.12	-26.13
Interest Income	1.27	1.99	1.81	2.09	0.6	-0
Other Non-Operating Income (Expense)	-1.45	-1.07	-0.13	-0.53	14.83	-0.01
Total Non-Operating Income (Expense)	-0.17	0.92	1.68	1.56	15.42	-0.02
Pretax Income	45.91	49.36	46.49	-27.31	-11.69	-26.14
Provision for Income Taxes	-24.06	-23.54	-10.6	2.49	2.74	4.44
Net Income	69.96	72.9	57.08	-29.8	-14.43	-30.58
Net Income to Common	69.96	72.9	57.08	-29.8	-14.43	-30.58
Net Income Growth	20.38%	27.72%	-	-	-	-
Shares Outstanding (Basic)	38	38	38	40	40	40
Shares Outstanding (Diluted)	39	39	39	40	40	40
Shares Change (YoY)	-1.94%	-0.53%	-2.76%	0.13%	1.33%	-1.05%
EPS (Basic)	1.85	1.91	1.49	-0.74	-0.36	-0.77
EPS (Diluted)	1.81	1.88	1.46	-0.74	-0.36	-0.77
EPS Growth	23.13%	28.77%	-	-	-	-
Shares Outstanding	36.98	37.36	38.06	37.52	39.73	40
Free Cash Flow	47.81	50.5	46.42	-23.22	-10.76	-4.91
Free Cash Flow Growth	-5.32%	8.77%	-	-	-	-
Free Cash Flow Per Share	1.24	1.30	1.19	-0.58	-0.27	-0.12
Dividends Per Share	0.500	0.490	0.120	-	-	-
Dividend Growth	2.04%	308.33%	-	-	-	-
Gross Margin	73.56%	73.75%	71.79%	67.08%	67.84%	66.64%
Operating Margin	18.75%	19.92%	18.42%	-12.28%	-12.38%	-12.18%
Profit Margin	28.47%	29.98%	23.47%	-12.67%	-6.59%	-14.26%
FCF Margin	19.45%	20.76%	19.09%	-9.88%	-4.91%	-2.29%
EBITDA	57.15	58.52	53.17	-22.39	-20.05	-17.2
EBITDA Margin	23.26%	24.06%	21.86%	-9.52%	-9.15%	-8.02%
EBIT	46.08	48.45	44.81	-28.87	-27.12	-26.13
EBIT Margin	18.75%	19.92%	18.42%	-12.28%	-12.38%	-12.18%
Effective Tax Rate	-52.40%	-47.69%	-22.79%	-9.10%	-23.44%	-16.99%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q