Here are the 10-Q quarterly reports from OneSpan Inc. (OSPN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow OSPN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OSPN filings page.
OneSpan Inc. (OSPN) reported third-quarter 2026 revenue of $63.9 million, up from $57.1 million a year earlier, and net income of $7.8 million versus $6.5 million. For the first nine months, revenue was $190.3 million compared with $180.3 million, while net income was $26.1 million versus $29.4 million. Quarterly subscription revenue grew 17% in Cybersecurity and 14% in Digital Agreements.
Operating cash flow for the nine months was $44.6 million, compared with $46.9 million. OneSpan completed its acquisition of Build38 GmbH on February 27, 2026; provisional purchase consideration was $37.9 million, including $34.6 million in cash consideration paid and $2.4 million in deferred consideration. OneSpan repaid the $5.0 million outstanding under its revolving credit facility on October 6, 2026. On October 29, 2026, the board declared a $0.13-per-share quarterly cash dividend, payable December 4, 2026 to shareholders of record November 13, 2026.
OneSpan Inc. reported Q2 2026 revenue of $60.5 million, slightly above $59.8 million a year earlier, with gross margin at 74%. Net income was $6.8 million versus $8.3 million and diluted EPS $0.18 versus $0.21 as profitability softened despite higher sales.
Cybersecurity revenue declined to $40.9 million from $44.2 million, while Digital Agreements increased to $19.5 million from $15.6 million. The company reports subscription revenue growth of 2% in Cybersecurity and 25% in Digital Agreements for the quarter, reflecting a shift away from hardware and perpetual licenses.
Cash and cash equivalents were $43.3 million at June 30, 2026, down from $70.5 million at year-end, including $34.6 million paid for the Build38 GmbH acquisition, $9.8 million of dividends and $8.3 million of share repurchases in the first half, partly offset by $28.1 million of operating cash flow and $5.0 million drawn on a $100 million revolving credit facility. The Board maintained a recurring quarterly dividend of $0.13 per share, including a subsequent dividend declared for payment in September 2026.
OneSpan Inc. reported modestly higher revenue but lower profit for the quarter ended March 31, 2026. Total revenue rose to $65.9 million from $63.4 million, driven mainly by growth in subscription-based offerings in both Cybersecurity and Digital Agreements, plus contributions from recent acquisitions.
Net income declined to $11.6 million from $14.5 million as operating expenses increased for sales, R&D, and acquisition-related costs. Diluted EPS was $0.30 versus $0.37 a year earlier. Gross margin held steady at 74%, with Digital Agreements margins improving and Cybersecurity margins easing slightly.
The company closed the $37.9 million acquisition of Build38 GmbH, adding mobile app protection technology and recording $26.1 million of goodwill. Operating cash flow remained strong at $28.2 million, funding the acquisition, $5.4 million of share repurchases, and quarterly dividends of $0.13 per share. OneSpan ended the quarter with $49.8 million in cash and access to a $100 million revolving credit facility with no borrowings outstanding.
OneSpan Inc. reported Q3 results with total revenue of $57.1 million versus $56.2 million a year ago, led by Security Solutions at $40.3 million and Digital Agreements at $16.7 million. Subscription revenue rose to $37.8 million, while hardware declined. Gross margin held at 74%. Operating income was $8.2 million compared to $11.3 million last year, and net income was $6.5 million versus $8.3 million.
Year to date, revenue was $180.3 million and net income $29.4 million. Cash from operations reached $46.9 million for the nine months, ending cash and equivalents at $85.6 million. Deferred revenue decreased with renewal timing, and remaining performance obligations were $102.6 million.
The company closed the Nok Nok Labs acquisition with total consideration of $18.4 million and established a new $100 million secured revolving credit facility with no borrowings outstanding. During the quarter, OneSpan repurchased 0.4 million shares for $6.3 million and paid a quarterly dividend of $0.12 per share.