To the full analysis
OneSpan stock: growth
OSPNOneSpan reported $243.18M in revenue for fiscal 2025, up 0% on the prior year, up 2.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
6.3%
per year from 2006 to 2025, per share 6.1%
Earnings (Annual rate)
9.7%
per year from 2006 to 2025, per share 9.3%
Free cash flow (Annual rate)
13%
per year from 2006 to 2025, per share 12.8%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 2.4% | 0.1% | 6.3% |
| Revenue per share | 3.6% | 0.5% | 6.1% |
| Earnings | no data | 5.6% | 9.7% |
| Earnings per share | no data | 6.0% | 9.3% |
| Free cash flow | 33.7% | −2.8% | 13.0% |
| Free cash flow per share | 35.2% | −2.4% | 12.8% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $76.06M | $12.59M | $4.91M |
| 2007 | $119.98M | $20.96M | $22.91M |
| 2008 | $132.98M | $24.29M | $20.69M |
| 2009 | $101.7M | $12.63M | $10.66M |
| 2010 | $107.96M | $10.81M | $19.67M |
| 2011 | $168.08M | $18.13M | $8.19M |
| 2012 | $154.03M | $15.6M | $20.4M |
| 2013 | $155.05M | $11.15M | $8.79M |
| 2014 | $201.54M | $33.48M | $40.05M |
| 2015 | $241.44M | $42.15M | $67.34M |
| 2016 | $192.3M | $10.52M | $26.23M |
| 2017 | $193.29M | −$22.4M | $14.43M |
| 2018 | $212.28M | $3.85M | −$4.33M |
| 2019 | $253.48M | $7.86M | $10.79M |
| 2020 | $215.69M | −$5.46M | $11.82M |
| 2021 | $214.48M | −$30.58M | −$4.95M |
| 2022 | $219.01M | −$14.43M | −$10.78M |
| 2023 | $235.11M | −$29.8M | −$23.28M |
| 2024 | $243.18M | $57.08M | $46.42M |
| 2025 | $243.18M | $72.9M | $50.5M |
Revenue by segment
How OneSpan Inc. makes its money and how that has shifted. Names are as the company reports them.
- Subscription64%
- Hardware Products20%
- Maintenance, support and other14%
- Professional Services and Other1%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| Subscription | $139.4M | $156.13M | 64.2% |
| Hardware Products | $58.85M | $49.11M | 20.2% |
| Maintenance, support and other | $40.08M | $34.83M | 14.3% |
| Professional Services and Other | $4.85M | $3.12M | 1.3% |
| Total revenue | $243.18M | $243.18M | 100% |
Revenue by region
Where OneSpan Inc. generates its revenue.
- EMEA42%
- Americas39%
- Asia Pacific18%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| EMEA | $100.3M | $111.57M | $108.56M | $102.6M | 42.2% |
| Americas | $77.74M | $80.06M | $86.8M | $95.71M | 39.4% |
| Asia Pacific | $40.97M | $43.48M | $47.82M | $44.87M | 18.5% |
| Total revenue | $219.01M | $235.11M | $243.18M | $243.18M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 22 May 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.