OneSpan Inc.: stock overview

OSPNNASDAQTechnology · Services-Computer Integrated Systems Design

Price

$22.31

November 13, 2026Market cap $836M

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What Ploutos Investor adds for OneSpan

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See the plans
  • The full history: 17 fiscal years, from 2009
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • Most of the reported profit is a tax credit, not money earned from customers. We leave out the P/E and the earnings growth, which would not compare with a company that paid tax.

In short

OneSpan had revenue of $253M over the last 12 months and net income of $70M, a net margin of 27.5%. Revenue grew by 2.4% a year on average over the last 5 years. It holds more cash than debt, by $46M. It pays a dividend yielding 2.33%.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$836M
37.47M shares
P/E
–
Revenue, 12 months
$253M
+2.4% a year over 5 years
Net margin
27.5%
2025: 30.0%, above 93% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+1.7% a year over 2 years

  • 202510-K
    Revenue$243M
  • 202410-K
    Revenue$243M
  • 202310-K
    Revenue$235M

Fiscal years in figures

OSPN's revenue, profit, cash flow and dividend with each year-end price, from 2009 to 2022, 14 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $481M
$836M
Enterprise value 
$789M
P/E 
–
EV / EBIT 
17.4
EV / Revenue 
3.1
P/B 3-year median: 2.5
3.0
FCF yield 3-year median: 6.6%
5.3%
Earnings yield 3-year median: 7.9%
–

Profitability

Gross margin 
74.3%
Operating margin 
17.9%
Net margin 3-year median: 23.5%
27.5%
ROIC 
13.4%
ROIC, 5-year average 
-0.7%
ROE 
26.1%

Growth

Revenue, yearly change 
0.0%
EPS, yearly change 
–
FCF, yearly change 
+8.8%
Revenue, average a year 
+2.4%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$51M
Total debt 
$13M
Of which operating leases 
$8.4M
Net cash 
$46M
Net debt / EBITDA 
-0.8x
Interest cover 
–
Current ratio 
1.35

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
2.33%
Buybacks 
1.57%
Total returned 
3.90%
Shares, yearly change 
-1.9%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 73).

Gross margin

73.8%

Above 67% of the 293 companies in its industry, and 89% of all.

Operating margin

19.9%

Above 85% of the 462 companies in its industry, and 82% of all.

Net margin

30.0%

Above 93% of the 473 companies in its industry, and 91% of all.

ROE

26.8%

Above 86% of the 398 companies in its industry, and 90% of all.

ROA

18.3%

Above 94% of the 462 companies in its industry, and 96% of all.

Revenue growth

0.0%

Above 21% of the 461 companies in its industry, and 28% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
OneSpan Inc.
CIK
1044777
Exchange
NASDAQ
Industry (SIC)
7373 · Services-Computer Integrated Systems Design
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
37.47M

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The full analysis

What do OneSpan's filings show?

These are OneSpan's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about OSPN

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What is OSPN's market cap?

OneSpan Inc.'s market cap is $836M, at a price of $22.31 on November 13, 2026 and 37.47M shares.

How much revenue does OSPN have?

OneSpan had revenue of $253M over the last 12 months. Over the last 5 years it changed by +2.4% a year on average.

Does OSPN pay a dividend?

Yes. OneSpan paid $0.52 per share over the last 12 months, a yield of 2.33% at today's price. All the figures are in the Dividend section.

Where do the figures come from?

From OneSpan Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.