The Tip Desk

OneSpan Inc.

Company Stats

Market Cap
$660.0M
as of Sep 30, 2026
Shares Outstanding
36.9M
Free Float
81.5%

Income Statement

Revenue
$243.2M
Operating Income
$48.4M
Net Income
$72.9M
EBITDA
$58.5M
Revenue Growth, 3Y
3.6%
FCF Margin, 3Y Avg
10.0%
FCF Margin, Worst Year
-9.9%

Cash Flow

Free Cash Flow
$50.5M
FCF Yield
7.7%
Owner FCF Yield
6.0%

Balance Sheet

Cash & Equivalents
$70.5M

Returns & Capital

Dividends Paid
$18.5M
Dividend Yield
2.8%
Share Repurchases
$13.1M
Buyback Yield, 3Y Avg
2.1%
SBC, 3Y Avg
$11.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$243.2M$50.5M20.8%
FY2024$243.2M$46.4M19.1%
FY2023$235.1M-$23.2M-9.9%
FY2022$219.0M-$10.8M-4.9%
FY2021$214.5M-$4.9M-2.3%

Annual filing data through FY ended December 31, 2025; shares and float as of October 26, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage