OSPN
OneSpan Inc.
Next earnings Aug 3, 2026 · consensus $0.24 EPS, $59.4M rev
Last earnings -1.9% on 2025-08-05
$14.16
▲ +4.66%$14.16▼ -4.96%
over 1Y
L $10.04EODHDH $17.32
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+4.7%
1W+6.3%
1M+4.4%
3M+41.0%
YTD+17.9%
1Y-5.0%
Buy
Conviction
Horizon
Medium (3–12mo)
Street · 10 analysts
Buy
Strong net margin (30.0%).
Revenue (FY2025) $243M · FY2025
The read
Quality fundamentals and an attractive price line up (~349% below fair value) — the rarer case where both the business and the entry look good.
OneSpan Inc. shows $243M in FY2025 revenue (+0.0% YoY), a 30.0% net margin, and 26.8% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | $219M | $235M | $243M | $243M |
| Gross profit | $143M | $149M | $158M | $175M | $179M |
| Operating income | -$26.1M | -$27.1M | -$28.9M | $44.8M | $48.4M |
| Net income | -$30.6M | -$14.4M | -$29.8M | $57.1M | $72.9M |
| Diluted EPS | -$0.77 | -$0.36 | -$0.74 | $1.46 | $1.88 |
| Net margin | — | -6.6% | -12.7% | 23.5% | 30.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$460M
EV / EBITDA7.9
EV / Sales1.9
EV / FCF9.1
P / FCF10.5
PEG (trailing)0.27
Earnings yield13.7%
FCF yield9.5%
Quality & risk
ROIC (est.)14.1%
Free cash flow$50.5M
Total debt—
Net cash$70.5M
Altman Z-Score4.46 safe
Piotroski F-Score5/8
Capital returns
Buyback yield2.5%
Dividend yield (est.)3.5%
Shareholder yield6.0%
Shares Δ YoY-1.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-162026-06-16open ↗4Period ending 2026-06-162026-06-16open ↗144Filing2026-06-15open ↗8-KPeriod ending 2026-06-052026-06-05open ↗SDFiling2026-05-29open ↗SCHEDULE 13G/AFiling2026-05-15open ↗4Period ending 2026-05-142026-05-14open ↗4Period ending 2026-05-142026-05-14open ↗DEFA14AFiling2026-05-14open ↗8-KPeriod ending 2026-05-072026-05-11open ↗10-QPeriod ending 2026-03-312026-04-30open ↗8-KPeriod ending 2026-03-312026-04-30open ↗
Frequently asked
- Is OneSpan Inc. (OSPN) a buy?
- OSPN currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Strong net margin (30.0%).
- What is OSPN's fair value?
- A Modified-Graham model based on OSPN's SEC fundamentals estimates a fair value of about $63.60. It is an estimate from reported earnings, not a price target.
- Is OSPN overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, OSPN currently appears undervalued relative to its SEC-grounded earnings power.
- What is OneSpan Inc.'s quality score?
- OSPN scores 82.49019607843135/100 (grade A-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001044777, latest 10-Q filed 2026-04-30) · EODHD · as of 6/26/2026, 6:59:59 PM.
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