Company / R&D Expense
OneSpan Inc. R&D Expense History
FY2011-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$38.4M
FY2025
5-year range
$17.5M / $41.7M
FY2021-FY2025
Trend
-7.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 9 years, ranging from $12M in FY2011 to $42M in FY2024.
Based on SEC 10-K filings.
$38M in FY2025 with a 10-year CAGR of +6.1%.
Improved from $17M to $38M over the past 8 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- +6.1%
Key checks
Key Insights
- In FY2025, r&d expense decreased 7.9% year-over-year.
- Peak r&d expense was recorded in FY2024.
- Lowest r&d expense in the period was in FY2011.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $38.4M | -7.9% |
| FY2024 | $41.7M | +139.1% |
| FY2017 | $17.5M | -5.9% |
| FY2016 | $18.5M | -13.0% |
| FY2015 | $21.3M | +13.4% |
| FY2014 | $18.8M | +0.8% |
| FY2013 | $18.6M | +37.4% |
| FY2012 | $13.6M | +17.1% |
| FY2011 | $11.6M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026