OneSpan Inc. Income Statement
OSPN|9 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 9 fiscal years. All figures from audited SEC 10-K filings.
OneSpan Inc. reported $235M in revenue and $30M in net loss for FY2025. Revenue has grown at a 6.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.95 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $235.1M | $219.0M | $241.4M | $201.5M | $155.0M | $154.0M | $168.1M | $108.0M | $101.7M |
| Cost of Revenue | $77.4M | $70.4M | $97.9M | $75.9M | $55.2M | $54.5M | $60.0M | $32.0M | $30.5M |
| Gross Profit | $157.7M | $148.6M | $143.5M | $125.6M | $99.9M | $99.6M | $108.1M | $76.0M | $71.2M |
| SG&A Expense | $58.3M | $55.6M | $32.5M | $22.3M | $21.2M | $20.1M | $22.4M | $18.5M | $16.2M |
| R&D Expense | $38.4M | $41.7M | $17.5M | $18.5M | $21.3M | $18.8M | $18.6M | $13.6M | $11.6M |
| Operating Income | -$28.9M | -$27.1M | $50.5M | $38.1M | $13.7M | $21.0M | $24.8M | $12.4M | $12.6M |
| Interest Expense | - | - | - | $118.0K | $162.0K | $261.0K | $543.0K | $324.0K | $572.0K |
| Income Tax | $2.5M | $2.7M | $8.7M | $5.3M | $3.1M | $5.5M | $1.6M | $2.6M | $3.5M |
| Net Income | -$29.8M | -$14.4M | $42.2M | $33.5M | $11.1M | $15.6M | $18.1M | $10.8M | $11.9M |
| EPS (Basic) | -$0.74 | -$0.36 | $1.07 | $0.85 | $0.28 | $0.41 | $0.48 | $0.29 | $0.32 |
| EPS (Diluted) | -$0.74 | -$0.36 | $1.06 | $0.85 | $0.28 | $0.40 | $0.47 | $0.28 | $0.31 |
| Shares Outstanding | 38.1M | 37.5M | 40.1M | 40.1M | 39.7M | 39.6M | 39.2M | 38.2M | 37.6M |
| Gross Margin | 67.1% | 67.8% | 59.5% | 62.3% | 64.4% | 64.6% | 64.3% | 70.4% | 70.0% |
| Operating Margin | -12.3% | -12.4% | 20.9% | 18.9% | 8.8% | 13.7% | 14.7% | 11.5% | 12.4% |
| Profit Margin | -12.7% | -6.6% | 17.5% | 16.6% | 7.2% | 10.1% | 10.8% | 10.0% | 11.7% |