OneSpan Inc. logo

OneSpan Inc.

OSPN

NASDAQTechnologySoftware - Infrastructure

Previous close

$15.73

+$0.14 · +0.90%

Aug 21, 4:00 PM ET

OSPN company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

61

Gaining

Sentiment

44

Mixed

Risk resilience

52

Elevated Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Globally, OneSpan Inc., along with its affiliated entities, focuses on creating, developing, and marketing digital solutions designed to enhance identity management, strengthen security, and boost business productivity. The company's diverse product range includes OneSpan Sign, an electronic signature platform capable of addressing needs from occasional document agreements to high-volume transaction processing. It also offers OneSpan Cloud Authentication, a cloud-based multifactor authentication (MFA) system supporting a variety of verification methods such as biometrics, push notifications, visual cryptograms for transaction signing, SMS, and hardware authenticators. Financial institutions and banks benefit from its OneSpan Identity Verification service, which facilitates secure identity confirmation. Further expanding its portfolio, OneSpan provides the Mobile Security Suite, a comprehensive software development kit, and Mobile Authenticator Studio, a standalone mobile authentication application. The company also supplies authentication servers, enabling clients to implement robust access control measures. Complementing these offerings are the Trusted Identity Platform, a cloud-based solution engineered to simplify and secure user journeys, Intelligent Adaptive Authentication, and Risk Analytics, an extensive anti-fraud system. OneSpan disseminates its solutions through a combination of its dedicated direct sales force and a network of distributors, resellers, systems integrators, and original equipment manufacturers (OEMs). Founded in 1991 and based in Chicago, Illinois, the company rebranded as OneSpan Inc. in May 2018, having previously been known as VASCO Data Security International, Inc. It was also formerly a subsidiary of Guidewire Software, Inc.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Victor T. Limongelli
Listed since
May 21, 1998
Employees
509

Market position

Day range

Current $15.73

52-week range

Current $15.73

Open
$15.685
Previous close
$15.59
Volume
467.43K
0.99× average
Average volume
471.66K
Average daily volume
Market cap
583.16M USD
Beta
1.56
Market reference 1
50-day average
$15.1638
+3.73% above average
200-day average
$12.7665
+23.21% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
422.25M USD
EV / EBITDA
6.56×
Earnings yield
14.98%
Free cash flow yield
10.38%

Profitability & efficiency

Return on equity
26.82%
Return on assets
18.33%
Return on invested capital
17.69%

Financial health

Current ratio
1.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends80%46%12%-23%Gross margin, FY2021: 66.64%Gross margin, FY2022: 67.84%Gross margin, FY2023: 67.08%Gross margin, FY2024: 71.79%Gross margin, FY2025: 70.69%Operating margin, FY2021: -12.18%Operating margin, FY2022: -12.38%Operating margin, FY2023: -12.28%Operating margin, FY2024: 18.42%Operating margin, FY2025: 20.59%Net margin, FY2021: -14.26%Net margin, FY2022: -6.59%Net margin, FY2023: -12.67%Net margin, FY2024: 23.47%Net margin, FY2025: 29.98%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 66.64%. Gross margin FY2022 67.84%. Gross margin FY2023 67.08%. Gross margin FY2024 71.79%. Gross margin FY2025 70.69%. Operating margin FY2021 -12.18%. Operating margin FY2022 -12.38%. Operating margin FY2023 -12.28%. Operating margin FY2024 18.42%. Operating margin FY2025 20.59%. Net margin FY2021 -14.26%. Net margin FY2022 -6.59%. Net margin FY2023 -12.67%. Net margin FY2024 23.47%. Net margin FY2025 29.98%.

Income trends

Revenue

243.18M USD+0.00%

Operating income

50.07M USD+11.76%

Net income

72.9M USD+27.72%
Income trends across reported periods270.56M USD161.05M USD51.55M USD−57.96M USDRevenue, FY2021: 214.48M USDRevenue, FY2022: 219.01M USDRevenue, FY2023: 235.11M USDRevenue, FY2024: 243.18M USDRevenue, FY2025: 243.18M USDOperating income, FY2021: −26.13M USDOperating income, FY2022: −27.12M USDOperating income, FY2023: −28.87M USDOperating income, FY2024: 44.81M USDOperating income, FY2025: 50.07M USDNet income, FY2021: −30.58M USDNet income, FY2022: −14.43M USDNet income, FY2023: −29.8M USDNet income, FY2024: 57.08M USDNet income, FY2025: 72.9M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 214.48M USD. Revenue FY2022 219.01M USD. Revenue FY2023 235.11M USD. Revenue FY2024 243.18M USD. Revenue FY2025 243.18M USD. Operating income FY2021 −26.13M USD. Operating income FY2022 −27.12M USD. Operating income FY2023 −28.87M USD. Operating income FY2024 44.81M USD. Operating income FY2025 50.07M USD. Net income FY2021 −30.58M USD. Net income FY2022 −14.43M USD. Net income FY2023 −29.8M USD. Net income FY2024 57.08M USD. Net income FY2025 72.9M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue243.18M USD243.18M USD235.11M USD219.01M USD214.48M USD
Cost of goods sold71.28M USD68.6M USD77.39M USD70.44M USD71.55M USD
Gross profit171.9M USD174.58M USD157.72M USD148.57M USD142.94M USD
Research and development34.16M USD32.42M USD38.42M USD41.74M USD47.41M USD
Selling, general, and administrative92.64M USD90.55M USD128.5M USD116.5M USD115.76M USD
Operating expenses121.83M USD129.77M USD186.59M USD175.69M USD169.06M USD
Interest income732K USD1.81M USD2.09M USD595K USD
Interest expense1K USD
Depreciation and amortization15.04M USD8.36M USD6.48M USD7.07M USD8.93M USD
Operating income50.07M USD44.81M USD−28.87M USD−27.12M USD−26.13M USD
Net income72.9M USD57.08M USD−29.8M USD−14.43M USD−30.58M USD

Company facts updated Aug 24, 2026.

OSPN peers

ETFs holding OSPN

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research OSPN

research.disclaimer