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OneSpan OSPN Recovery of credit losses

Recovery of credit losses at other companies

HOM
Home BancSharesHOMB
-$250K
Marcus & Millichap logo
Marcus & MillichapMMI
-$13K-130%
Flowco Holdings Inc. logo
Flowco Holdings Inc.FLOC
$373K-8.4%
CVB Financial logo
CVB FinancialCVBF
$3M+250%
WEC Energy Group logo
WEC Energy GroupWEC
$22M-24.7%
Imax logo
ImaxIMAX
-$460K-265%

Other financials

Income statement

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Revenue$65.9M+4.1%
Gross profit$48.5M+3.0%
Operating income$14.8M-13.8%
Net income$11.6M-20.3%
EPS (diluted)$0.30-18.9%

Balance sheet

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Cash & equivalents$49.8M-52.8%
Total debt$8.0M-10.7%
Total equity$272.0M+17.7%
Total assets$383.1M+14.8%

Cash flow

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Operating cash flow$28.2M-4.1%
CapEx$3.1M+91.9%
Free cash flow$25.1M-9.7%

Valuation

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Market cap$501.6M-14.2%
Enterprise value$459.8M-5.9%
P/E7.2×-2.9×
P/S-0.4×

Profitability

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Gross margin73.6%+1.5pp
Operating margin18.8%-1.1pp
Net margin28.5%+4.4pp
FCF margin19.5%-1.3pp

Returns & leverage

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Return on equity27.8%-1.1pp
Debt / equity0.0×
Current ratio1.3×-0.7×

Where this comes from

Reported directly by OneSpan in its filing.

Tagged under the XBRL concept ospn:AccountsReceivableAllowanceForCreditLossIncreaseDecreaseOperatingActivities.

The official record: OneSpan’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is OneSpan's recovery of credit losses?
OneSpan (OSPN) reported recovery of credit losses of -$10K in Q1 2026.
How has OneSpan's recovery of credit losses changed year-over-year?
OneSpan's recovery of credit losses increased by 97.8% year-over-year, from -$453K to -$10K.
What is the long-term trend for OneSpan's recovery of credit losses?
Over 2 years (2022 to 2025), OneSpan's recovery of credit losses has grown at a 29.6% compound annual growth rate (CAGR), from $184K to $309K.
What does recovery of credit losses mean?
Captures the reversal or recognition of provisions related to the inability to collect outstanding accounts receivable from customers. It provides insight into the credit quality of the company's client base and the effectiveness of its collection processes. A recovery indicates a positive adjustment to previously estimated losses, reflecting improved credit risk outcomes.