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OneSpan OSPN Cybersecurity — Depreciation and amortization of intangible assets

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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$603.27M+20.4%
Enterprise value$561.47M+34.5%
P/E8.6×+0.3×
P/S2.5×+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 us-gaap:DepreciationDepletionAndAmortization.

The source filing: OneSpan’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001044777-26-000019

(2) Cybersecurity operating income includes $0.7 million and $0.2 million of total amortization and depreciation expense for the three months ended March 31, 2026 and 2025, respectively. Cybersecurity operating income also includes $0.3 million related to write-off of assets for the three months ended March 31, 2026. There were no write-off of assets for the three months ended March 31, 2025. Cybersecurity operating income includes $0.2 million of restructuring and other related charges for the three months ended March 31, 2025.

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneSpan's cybersecurity — depreciation and amortization of intangible assets?
OneSpan (OSPN) reported cybersecurity — depreciation and amortization of intangible assets of $700K in Q1 2026.
How has OneSpan's cybersecurity — depreciation and amortization of intangible assets changed year-over-year?
OneSpan's cybersecurity — depreciation and amortization of intangible assets increased by 250.0% year-over-year, from $200K to $700K.
What does cybersecurity — depreciation and amortization of intangible assets mean?
This metric accounts for the systematic allocation of the cost of tangible and intangible assets over their useful lives within the cybersecurity segment. It reflects the non-cash expense associated with the wear and tear of equipment or the expiration of acquired intellectual property. Understanding this figure is important for reconciling net income with actual cash flow generation.

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