OneSpan OSPN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Cybersecurity | $48.55M— | —— | —— | —— | $47.71M+4.8% | |
| Digital Agreements | $17.4M-0.5% | $17.5M+4.6% | $16.73M+7.2% | $15.61M-0.3% | $15.65M-0.4% | |
| Gross Profit by Business | ||||||
| Cybersecurity | $35.91M— | —— | —— | —— | $36.09M+8.6% | |
| Digital Agreements | $12.61M-2.1% | $12.88M+7.3% | $12.01M+7.7% | $11.15M+1.3% | $11.01M-0.4% | |
| Operating Income (Loss) by Business | ||||||
| Cybersecurity | $20.79M— | —— | —— | —— | $24.16M+7.3% | |
| Digital Agreements | $5.28M-5.0% | $5.56M+33.6% | $4.16M+44.5% | $2.88M-14.5% | $3.37M+28.8% | |
| Other segment items by Business | ||||||
| Cybersecurity | $691K— | —— | —— | —— | $134K-73.1% | |
| Digital Agreements | $1.07M-30.9% | $1.55M+4.4% | $1.49M+22.7% | $1.21M-1.5% | $1.23M+72.2% | |
| Gross Margin, Percentage by Business | ||||||
| Cybersecurity | 74%— | —— | —— | —— | 76%+57.8pp | |
| Digital Agreements | 72%+71.0pp | 1%-71.0pp | 72%+1.0pp | 71%+1.0pp | 70%— | |
| Total cost of goods sold by Business | ||||||
| Cybersecurity | $12.64M— | —— | —— | —— | $11.63M-5.7% | |
| Digital Agreements | $4.79M+3.9% | $4.61M-2.4% | $4.73M+5.9% | $4.46M-4.0% | $4.65M-0.4% | |
| Sales and marketing by Business | ||||||
| Cybersecurity | $8.49M— | —— | —— | —— | $6.87M+11.4% | |
| Digital Agreements | $3.43M-3.9% | $3.57M+3.7% | $3.44M-0.7% | $3.47M+1.9% | $3.4M-8.5% | |
| Additions during the period by Business | ||||||
| Cybersecurity | $26.07M+1,409% | $1.73M0.0% | $1.73M0.0% | $1.73M0.0% | $1.73M— | |
| Digital Agreements | $0— | $0— | $0— | $0— | $0— | |
| R&D by Business | ||||||
| Cybersecurity | $5.94M— | —— | —— | —— | $4.92M+22.0% | |
| Digital Agreements | $2.82M+28.1% | $2.2M-24.5% | $2.92M-18.7% | $3.59M+19.3% | $3.01M-24.8% | |
| Goodwill by Business | ||||||
| Cybersecurity | $106.93M+30.0% | $82.24M— | —— | —— | —— | |
| Digital Agreements | $21.22M-1.8% | $21.6M+0.1% | $21.59M-1.0% | $21.8M+3.8% | $21.01M+1.9% | |
| Depreciation and amortization of intangible assets by Business | ||||||
| Cybersecurity | $700K— | —— | —— | —— | $200K-11.1% | |
| Digital Agreements | $2.2M+10.0% | $2M+5.3% | $1.9M+5.6% | $1.8M+5.9% | $1.7M+6.3% | |
| Goodwill, Foreign Currency Translation, Gain (Loss) by Business | ||||||
| Cybersecurity | -$1.38M-255% | $892.5K0.0% | $892.5K0.0% | $892.5K0.0% | $892.5K+446% | |
| Digital Agreements | -$385K— | —— | —— | —— | $400K— | |
| Revenue by Product | ||||||
| Hardware products | $10.59M-26.0% | $14.3M+46.9% | $9.73M-30.6% | $14.02M+26.7% | $11.06M-23.4% | |
| Perpetual maintenance and services | $2.69M— | —— | —— | —— | $3.61M— | |
| Total cost of goods sold by Product | ||||||
| Product and license | $8.76M+8.3% | $8.09M+15.0% | $7.03M-15.3% | $8.3M-4.8% | $8.72M+4.0% | |
| Services and other | $8.67M+1.6% | $8.54M+6.4% | $8.02M+5.8% | $7.58M+0.3% | $7.56M+0.8% | |
| Revenue by Geography | ||||||
| Americas | $25.15M+2.1% | $24.63M-5.7% | $26.11M+9.3% | $23.88M+13.2% | $21.1M-5.2% | |
| APAC | $12.28M+6.6% | $11.52M+20.9% | $9.52M-24.2% | $12.57M+11.5% | $11.27M+15.7% | |
| EMEA | $28.52M+6.5% | $26.77M+24.9% | $21.43M-8.4% | $23.4M-24.5% | $31.01M+6.3% | |
| Percent of total, less than for prior year by Geography | ||||||
| Americas | 38%— | —— | 46%+6.0pp | 40%+7.0pp | 33%+32.0pp | |
| APAC | 19%— | —— | 16%-5.0pp | 21%+3.0pp | 18%— | |
| EMEA | 43%— | —— | 38%-1.0pp | 39%-10.0pp | 49%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does OneSpan break its business down?
- OneSpan (OSPN) reports revenue by business across 2 parts — Cybersecurity and Digital Agreements. Each is extracted from the segment footnotes and tracked over time.
- Where does OneSpan's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in OneSpan's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
