OneSpan OSPN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Cybersecurity | $48.55M+1.7% | —— | —— | —— | $47.71M+4.8% | |
| Digital Agreements | $17.4M+11.2% | $17.5M+11.4% | $16.73M+8.6% | $15.61M+0.9% | $15.65M+8.6% | |
| Gross Profit by Business | ||||||
| Cybersecurity | $35.91M-0.5% | —— | —— | —— | $36.09M+8.6% | |
| Digital Agreements | $12.61M+14.6% | $12.88M+16.6% | $12.01M+8.8% | $11.15M+14.4% | $11.01M+11.3% | |
| Operating Income (Loss) by Business | ||||||
| Cybersecurity | $20.79M-14.0% | —— | —— | —— | $24.16M+7.3% | |
| Digital Agreements | $5.28M+56.9% | $5.56M+113% | $4.16M+21.6% | $2.88M+1,957% | $3.37M+1,371% | |
| Other segment items by Business | ||||||
| Cybersecurity | $691K+416% | —— | —— | —— | $134K-73.1% | |
| Digital Agreements | $1.07M-12.8% | $1.55M+117% | $1.49M+32.5% | $1.21M-32.2% | $1.23M+76.9% | |
| Gross Margin, Percentage by Business | ||||||
| Cybersecurity | 74%-2.0pp | —— | —— | —— | 76%+57.8pp | |
| Digital Agreements | 72%+2.0pp | 1%— | 72%0.0pp | 71%+8.0pp | 70%+1.0pp | |
| Total cost of goods sold by Business | ||||||
| Cybersecurity | $12.64M+8.7% | —— | —— | —— | $11.63M-5.7% | |
| Digital Agreements | $4.79M+3.1% | $4.61M-1.1% | $4.73M+8.1% | $4.46M-22.0% | $4.65M+2.8% | |
| Sales and marketing by Business | ||||||
| Cybersecurity | $8.49M+23.5% | —— | —— | —— | $6.87M+11.4% | |
| Digital Agreements | $3.43M+0.9% | $3.57M-3.9% | $3.44M+22.1% | $3.47M-10.9% | $3.4M-35.0% | |
| Additions during the period by Business | ||||||
| Cybersecurity | $26.07M+1,409% | $1.73M— | $1.73M— | $1.73M— | $1.73M— | |
| Digital Agreements | $0— | $0— | $0— | $0— | $0— | |
| R&D by Business | ||||||
| Cybersecurity | $5.94M+20.8% | —— | —— | —— | $4.92M+22.0% | |
| Digital Agreements | $2.82M-6.2% | $2.2M-45.0% | $2.92M-20.5% | $3.59M-14.9% | $3.01M-29.0% | |
| Goodwill by Business | ||||||
| Cybersecurity | $106.93M— | $82.24M+14.6% | —— | —— | —— | |
| Digital Agreements | $21.22M+1.0% | $21.6M+4.8% | $21.59M+0.8% | $21.8M+5.0% | $21.01M+1.2% | |
| Depreciation and amortization of intangible assets by Business | ||||||
| Cybersecurity | $700K+250% | —— | —— | —— | $200K-11.1% | |
| Digital Agreements | $2.2M+29.4% | $2M+25.0% | $1.9M+26.7% | $1.8M+12.5% | $1.7M+6.3% | |
| Goodwill, Foreign Currency Translation, Gain (Loss) by Business | ||||||
| Cybersecurity | -$1.38M-255% | $892.5K+446% | $892.5K+446% | $892.5K+446% | $892.5K+446% | |
| Digital Agreements | -$385K-196% | —— | —— | —— | $400K+399% | |
| Revenue by Product | ||||||
| Hardware products | $10.59M-4.3% | $14.3M-1.0% | $9.73M-19.6% | $14.02M-29.0% | $11.06M-12.0% | |
| Perpetual maintenance and services | $2.69M-25.4% | —— | —— | —— | $3.61M— | |
| Total cost of goods sold by Product | ||||||
| Product and license | $8.76M+0.5% | $8.09M-3.6% | $7.03M-4.9% | $8.3M-26.2% | $8.72M-10.2% | |
| Services and other | $8.67M+14.8% | $8.54M+13.9% | $8.02M+9.9% | $7.58M-18.8% | $7.56M-2.4% | |
| Revenue by Geography | ||||||
| Americas | $25.15M+19.2% | $24.63M+10.7% | $26.11M+18.1% | $23.88M+13.2% | $21.1M-1.2% | |
| APAC | $12.28M+9.0% | $11.52M+18.2% | $9.52M-19.3% | $12.57M-14.1% | $11.27M-3.4% | |
| EMEA | $28.52M-8.0% | $26.77M-8.3% | $21.43M-4.1% | $23.4M-7.1% | $31.01M-2.6% | |
| Percent of total, less than for prior year by Geography | ||||||
| Americas | 38%+5.0pp | —— | 46%+7.0pp | 40%+5.0pp | 33%0.0pp | |
| APAC | 19%+1.0pp | —— | 16%-5.0pp | 21%-3.0pp | 18%0.0pp | |
| EMEA | 43%-6.0pp | —— | 38%-2.0pp | 39%-2.0pp | 49%0.0pp |
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.
