← OneSpan Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $192.3m $193.3m $212.3m $254.6m $215.7m $214.5m $219.0m $235.1m $243.2m $243.2m
Revenue from Contract with Customer, Including Assessed Tax $192.3m $193.3m $212.3m $254.6m $215.7m $214.5m $219.0m $235.1m $243.2m $243.2m
Cost of Revenue $61.6m $58.8m $64.8m $82.0m $63.4m $71.5m $70.4m $77.4m $68.6m $63.8m
Gross Profit $130.7m $134.5m $147.5m $172.6m $152.3m $142.9m $148.6m $157.7m $174.6m $179.4m
Operating Expenses $121.1m $128.3m $147.4m $157.3m $157.5m $169.1m $175.7m $186.6m $129.8m $130.9m
Operating Income (Loss) $9.6m $6.2m $24k $15.3m ($5.3m) ($26.1m) ($27.1m) ($28.9m) $44.8m $48.4m
Additional Financial Items
Amortization of Intangible Assets $8.8m $8.8m $9.4m $9.5m $9.1m $5.9m $4.1m $2.4m $2.4m $2.5m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — — — $0
Foreign Currency Transaction Gain (Loss), before Tax $111k $464k $200k $1.5m — — — ($1.1m) ($900k) ($1.6m)
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($11.2m) ($1.9m) ($4.3m) $3.2m $1.0m ($15.1m) ($9.6m) ($13.5m) $41.3m $30.7m
Income (Loss) from Continuing Operations, Per Basic Share $0 ($1) $0 $0 ($0) ($1) ($0) ($1) $1 $2
Income (Loss) from Continuing Operations, Per Diluted Share $0 ($1) $0 $0 ($0) ($1) ($0) ($1) $1 $2
Income (Loss) from Equity Method Investments — — — — — — — $0 $0 —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $11.4m $8.4m $3.6m $15.5m ($3.4m) ($26.1m) ($11.7m) ($27.3m) $46.5m $49.4m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $10.6m — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($47k) — — — — — — — — —
Investment Income, Net — $1.4m $1.3m $747k $404k ($1k) — — — —
Net Income (Loss) Attributable to Parent $10.5m ($22.4m) $3.8m $8.8m ($5.5m) ($30.6m) ($14.4m) ($29.8m) $57.1m $72.9m
Earnings Per Share, Basic $0.27 ($0.56) $0.10 $0.22 ($0.14) ($0.77) ($0.36) ($0.74) $1.49 $1.91
Earnings Per Share, Diluted $0.27 ($0.56) $0.10 $0.22 ($0.14) ($0.77) ($0.36) ($0.74) $1.46 $1.88
Common Stock, Dividends, Per Share, Declared $0.27 ($0.56) $0.10 $0.22 ($0.14) ($0.77) ($0.36) ($0.74) $0.12 $0.12
Weighted Average Number of Shares Outstanding, Basic 39.7m 39.8m 39.9m 40.0m 40.0m 40k 40.1m 40.2m 38.4m 38.2m
Weighted Average Number of Shares Outstanding, Diluted 39.8m 39.8m 40.0m 40.1m 40.0m 40k 40.1m 40.2m 39.1m 38.9m
Research and Development Expense $23.2m $23.1m $32.2m $42.5m $41.2m $47.4m $41.7m $38.4m $32.4m $34.2m
Selling and Marketing Expense $57.3m $59.0m $63.8m $61.5m $60.9m $62.7m $60.9m $70.2m $44.5m $47.0m
General and Administrative Expense $31.6m $37.4m $41.6m $43.9m $46.3m $53.0m $55.6m $58.3m $46.0m $45.7m
Other Nonoperating Income (Expense) $1.0m $758k — ($527k) $1.4m ($14k) $14.8m ($532k) ($125k) ($1.1m)
Current Income Tax Expense (Benefit) $5.8m $17.7m $7.1m $8.3m $3.5m $2.4m $1.8m $2.5m $5.7m $6.8m
Income Tax Expense (Benefit) $863k $30.8m ($293k) $6.7m $2.0m $4.4m $2.7m $2.5m ($10.6m) ($23.5m)
Interest Income (Expense), Net $785k — — — — — — — — —
Interest Income (Expense), Nonoperating, Net — — — — — — $595k $2.1m $1.8m $2.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.