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OneSpan OSPN Digital Agreements — Total cost of goods sold

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Cybersecurity
$12.64M

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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$618.38M+20.4%
Enterprise value$576.58M+34.5%
P/E8.8×+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:CostOfGoodsAndServicesSold.

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
(In thousands, except percentages)CybersecurityDigital AgreementsCorporate and OtherTotal
Revenue$48,546$17,401$65,947
Cost of goods sold12,6404,79317,433
Gross profit35,90612,60848,514
Gross margin74%72%*74%
Sales and marketing8,4893,43375712,679
Research and development5,9412,8203179,078
Other segment items (1)(3)6911,07310,17611,940
Operating income (loss) (2)(4)20,7855,282(11,250)14,817

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneSpan's digital agreements — total cost of goods sold?
OneSpan (OSPN) reported digital agreements — total cost of goods sold of $4.79M in Q1 2026.
How has OneSpan's digital agreements — total cost of goods sold changed year-over-year?
OneSpan's digital agreements — total cost of goods sold increased by 3.1% year-over-year, from $4.65M to $4.79M.
What is the long-term trend for OneSpan's digital agreements — total cost of goods sold?
Over 3 years (2022 to 2025), OneSpan's digital agreements — total cost of goods sold has grown at a 19.1% compound annual growth rate (CAGR), from $10.91M to $18.45M.
What does digital agreements — total cost of goods sold mean?
This metric captures the direct costs attributable to the production and delivery of the Digital Agreements segment's products and services. It includes expenses such as hosting, support, and direct labor required to maintain the digital platform.

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