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OneSpan OSPN Services and other — Total cost of goods sold

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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: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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
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
Gross profit48,51447,091
Operating costs
Sales and marketing12,67911,457

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneSpan's services and other — total cost of goods sold?
OneSpan (OSPN) reported services and other — total cost of goods sold of $8.67M in Q1 2026.
How has OneSpan's services and other — total cost of goods sold changed year-over-year?
OneSpan's services and other — total cost of goods sold increased by 14.8% year-over-year, from $7.56M to $8.67M.
What is the long-term trend for OneSpan's services and other — total cost of goods sold?
Over 3 years (2022 to 2025), OneSpan's services and other — total cost of goods sold has grown at a 7.8% compound annual growth rate (CAGR), from $25.33M to $31.7M.
What does services and other — total cost of goods sold mean?
This metric captures the direct costs associated with delivering professional services, support, and other non-product offerings, including personnel costs, third-party contractor fees, and infrastructure expenses. Monitoring these costs is essential for evaluating the profitability and operational efficiency of the service-based business model. A stable or declining cost relative to revenue suggests effective management of service delivery resources.

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