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OneSpan OSPN Product and license — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue
Product and license$35,507$37,240
Services and other30,44026,126
Total revenue65,94763,366
Cost of goods sold
Product and license8,7608,718
Services and other8,6737,557
Total cost of goods sold17,43316,275

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneSpan's product and license — revenue?
OneSpan (OSPN) reported product and license — revenue of $35.51M in Q1 2026.
How has OneSpan's product and license — revenue changed year-over-year?
OneSpan's product and license — revenue decreased by 4.7% year-over-year, from $37.24M to $35.51M.
What is the long-term trend for OneSpan's product and license — revenue?
Over 3 years (2022 to 2025), OneSpan's product and license — revenue has grown at a 2.3% compound annual growth rate (CAGR), from $121.43M to $129.89M.
What does product and license — revenue mean?
This metric represents the total revenue generated specifically from the sale of hardware products and software licenses within the company's security solutions portfolio. It serves as a key indicator of the company's ability to monetize its core technology offerings and capture market demand for authentication and anti-fraud tools.

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