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Segments

By segment

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Cybersecurity$5.94M
Digital Agreements$2.82M

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:ResearchAndDevelopmentExpense.

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
Gross profit48,51447,091
Operating costs
Sales and marketing12,67911,457
Research and development9,0787,928
General and administrative10,9589,547
Amortization of intangible assets698556
Write-off of assets284
Restructuring and other related charges421

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneSpan's R&D?
OneSpan (OSPN) reported R&D of $9.08M in Q1 2026.
How has OneSpan's R&D changed year-over-year?
OneSpan's R&D increased by 14.5% year-over-year, from $7.93M to $9.08M.
What is the long-term trend for OneSpan's R&D?
Over 4 years (2021 to 2025), OneSpan's R&D has grown at a -7.9% compound annual growth rate (CAGR), from $47.41M to $34.16M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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