OSPN · XBRL financial data

OneSpan financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (OSPN's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	—	—	219,006	235,106	243,179	243,180
Cost of goods and services sold	63,439	71,546	70,436	77,391	68,603	63,826
Gross profit	152,252	142,935	148,570	157,715	174,576	179,354
Research and development	41,194	47,414	41,735	38,420	32,423	34,156
General and administrative	46,338	53,031	55,552	58,267	46,007	45,693
Total operating expenses	157,510	169,063	175,685	186,586	129,771	130,908
Operating income (loss)	(5,258)	(26,128)	(27,115)	(28,871)	44,805	48,446
Other income (expense)	1,434	(14)	14,827	(532)	(125)	(1,069)
Income tax expense (benefit)	2,035	4,441	2,741	2,486	(10,595)	(23,542)
Net income (loss)	(5,455)	(30,584)	(14,434)	(29,799)	57,082	72,904
Earnings per share, basic USD per share	(0.14)	(0.77)	(0.36)	(0.74)	1.49	1.91
Earnings per share, diluted USD per share	(0.14)	(0.77)	(0.36)	(0.74)	1.46	1.88
Weighted average shares, basic thousands of shares	40,035	40	40,143	40,193	38,387	38,210
Weighted average shares, diluted thousands of shares	40,035	40	40,143	40,193	39,085	38,878

Fiscal years (OSPN's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	88,394	63,380	96,501	42,493	83,160	70,499
Accounts receivable	57,537	56,612	65,132	64,387	56,229	55,999
Inventory	13,093	10,345	12,054	15,553	10,792	10,466
Total current assets	207,178	187,089	197,540	146,343	175,065	172,213
Property and equipment, net	11,835	10,757	12,681	18,722	20,966	22,234
Right-of-use asset	11,356	9,197	8,022	6,171	7,725	7,356
Goodwill	97,552	96,174	90,514	93,684	92,365	103,840
Total assets	375,203	342,271	335,082	289,191	338,734	397,702
Accounts payable	5,684	8,204	17,357	17,452	13,310	13,726
Total current liabilities	75,304	89,076	110,814	114,830	110,275	114,571
Lease liability, non-current	12,399	10,180	8,442	6,824	6,932	6,139
Total liabilities	117,863	122,491	131,771	130,050	126,204	125,859
Retained earnings	173,731	143,173	128,738	98,939	151,256	209,821
Total stockholders' equity	257,340	219,780	203,311	159,141	212,530	271,843
Total liabilities and equity	375,203	342,271	335,082	289,191	338,734	397,702
Common shares outstanding (cover page) thousands of shares	40,391	40,001	40,001	37,790	38,176	37,467

Fiscal years (OSPN's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(5,455)	(30,584)	(14,434)	(29,799)	57,082	72,904
Stock-based compensation	4,740	4,354	8,642	14,252	8,955	11,196
Depreciation and amortization	12,003	8,926	7,066	6,479	8,364	10,070
Net cash from operating activities	14,922	(2,745)	(5,786)	(10,735)	55,667	59,454
Purchases of property and equipment	3,101	2,169	4,996	12,484	9,245	8,959
Net cash from investing activities	(4,664)	(10,980)	46,587	(12,013)	(9,305)	(35,584)
Share repurchases	5,030	7,471	5,721	29,155	3	13,142
Dividends paid	—	—	—	0	0	18,460
Net cash from financing activities	(7,060)	(10,394)	(7,308)	(32,094)	(5,244)	(38,420)
Net change in cash	4,112	(25,014)	33,121	(53,845)	39,801	(12,832)

SIC 7373 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7373 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
OneSpan	51,393	63,885	16,493*	36.9M	—	Q3 FY26 10-QSep 30, 2026
Red Violet	49,972	26,718	10,637*	16.0M	—	Q2 FY26 10-QJun 30, 2026
Red Cat Holdings	325,553	20,189	(46,804)*	152.7M	7.0 quarters	Q2 FY26 10-QJun 30, 2026
PDF Solutions	114,883	not reported	16,401*	42.2M	—	Q2 FY26 10-QJun 30, 2026
Grid Dynamics Holdings	304,287	114,294	16,016*	80.4M	—	Q3 FY26 10-QSep 30, 2026
Taboola.com	133,052	476,826	31,253*	not reported	—	Q2 FY25 10-QJun 30, 2026
Healthstream	46,169	83,732	13,431*	29.2M	—	Q2 FY26 10-QJun 30, 2026
N-able	115,812	138,223	26,514*	188.9M	—	Q2 FY26 10-QJun 30, 2026
EverQuote	229,070	218,077	40,482*	not reported	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.