OneSpan Inc (OSPN)
NASDAQ:OSPN
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful progress: solid ARR growth (+14.1% YoY), increased subscription mix (80% of revenue), strong segment performance in digital agreements (+11.2% revenue) and continued cybersecurity subscription growth, plus strategic acquisitions (Build 38, Nok Nok) that broaden product capabilities. These positives were tempered by near-term pressures: lower GAAP operating income and EPS, a decline in adjusted EBITDA margin versus prior year, a modest Q2 ARR headwind (~$3M) from non-renewals, continued secular decline in hardware (now 16% of revenue), and a reduced cash balance following acquisition and capital returns. Management reaffirmed revenue and EBITDA guidance and raised ARR guidance, signaling confidence in medium-term growth while acknowledging short-term cost and timing impacts.Company Guidance
Strong ARR Growth and Retention
Annual recurring revenue (ARR) of $192.1M, up 14.1% year over year (inclusive of acquisitions) and up 24% since 03/31/2024; net retention rate 105%; gross revenue retention ~90% company-wide and 94% in digital agreements.
Subscription Revenue Momentum and Mix
Subscription revenue grew 8.2% year over year to $52.7M and accounted for 80% of total revenue, reflecting continued shift to recurring revenue and term-based models.
Profitability and Adjusted EBITDA
Reported adjusted EBITDA of $21.0M and an adjusted EBITDA margin of ~31.9% (management cited 32%), demonstrating solid profitability and cash-generative operations.
Digital Agreements Outperformance
Digital agreements revenue grew 11.2% year over year to $17.4M; ARR for the segment rose 9.9% to $67.5M; gross margin improved to 72.5% (from 70.3%); operating income increased to $5.3M (30.4% margin) from $3.4M (21.5%).
Cybersecurity Growth and Diversification
Cybersecurity ARR grew 6.5% to $124.6M; cybersecurity subscription revenue grew ~6.6% to $35.3M driven by cloud authentication, passwordless, and app shielding expansions.
Strategic Acquisitions and Product Expansion
Completed Build 38 acquisition (added mobile app shielding and telemetry capabilities) and integrated Nok Nok (passwordless/FIDO) — Nok Nok ARR increased ~20% since acquisition to $9.7M; Build 38 ARR acquired ~$2.8M; combined acquired ARR ~ $11M.
Cash Generation and Shareholder Returns
Generated $28.2M in operating cash flow in Q1; returned capital via dividends and buybacks (approx. 1.5M shares repurchased for >$18M over past three quarters; Q1 repurchase ~$5.4M; quarterly dividend $0.13/share approved).
Balance Sheet Strength
Ended the quarter with no long-term debt and maintained healthy gross margins (~74% overall), providing flexibility for continued investment and M&A.
Affirmed Guidance and Raised ARR Outlook
Management reaffirmed full-year 2026 revenue and adjusted EBITDA guidance (revenue guide $244M–$249M; adjusted EBITDA $66M–$68M) and raised ARR guidance to $194M–$198M from prior $192M–$196M.
OSPN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OSPN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $11.58 | ― | ― |
Feb 26, 2026 | $11.23 | $10.90 | -2.90% |
Oct 30, 2025 | $15.17 | $11.15 | -26.50% |
Aug 05, 2025 | $13.89 | $13.47 | -3.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does OneSpan Inc (OSPN) report earnings?
OneSpan Inc (OSPN) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is OneSpan Inc (OSPN) earnings time?
OneSpan Inc (OSPN) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OSPN EPS forecast?
OSPN EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.