The earnings call reflected a mixed performance with strong adjusted EBITDA, positive subscription revenue growth, and a strategic acquisition, balanced by challenges such as a decline in total revenue, ARR growth issues, and headwinds from sunsetted products.

Company Guidance

During the Q2 2025 earnings call, OneSpan provided guidance indicating a strong financial performance with an adjusted EBITDA of $18 million, representing 29.5% of revenue. The company reported an annual recurring revenue (ARR) of $178 million, an 8% year-over-year increase, including $8 million from the acquisition of Nok Nok Labs. Excluding this acquisition, ARR grew by 3%. Subscription revenue grew by 22% in Q2, led by 39% growth in security, despite a modest decline in total revenue. OneSpan maintained its full-year revenue guidance of $245 million to $251 million and increased ARR guidance to $186 million to $192 million. The company remains focused on achieving a Rule of 40 performance and plans continued investment in R&D and targeted M&A to enhance its authentication solutions.

Strong Adjusted EBITDA Performance

Adjusted EBITDA was $18 million or 29.5% of revenue in Q2 2025. The first half of 2025 achieved record adjusted EBITDA of $41 million, representing 33% of revenue.

Acquisition of Nok Nok Labs

The acquisition of Nok Nok Labs added FIDO2 passwordless authentication software to OneSpan's portfolio, enhancing the company's authentication offerings and contributing $8 million to ARR.

Positive Subscription Revenue Growth

Subscription revenue grew 22% year-over-year in Q2 2025, with security subscription revenue increasing by 39%.

Improved Gross Margin

Gross margin improved to 73% in Q2 2025, up from 66% in Q2 2024, driven by a favorable product mix and increased software revenues.

Dividend Payments and Strong Cash Position

Returned $10 million to shareholders through dividend payments in the first half of 2025. Ended Q2 with $93 million in cash.

OneSpan (OSPN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

OSPN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.29 / -	0.33	―	―	―
Aug 05, 2025	2025 (Q2)	0.29 / 0.34	0.31	9.68% (+0.03)
May 01, 2025	2025 (Q1)	0.33 / 0.45	0.43	4.65% (+0.02)
Feb 27, 2025	2024 (Q4)	0.26 / 0.24	0.19	26.32% (+0.05)
Oct 30, 2024	2024 (Q3)	0.26 / 0.33	0.09	266.67% (+0.24)
Aug 01, 2024	2024 (Q2)	0.14 / 0.31	-0.18	272.22% (+0.49)
May 02, 2024	2024 (Q1)	0.17 / 0.43	-0.09	577.78% (+0.52)
Mar 06, 2024	2023 (Q4)	0.03 / 0.19	0.03	533.33% (+0.16)
Nov 08, 2023	2023 (Q3)	-0.04 / 0.09	0.03	200.00% (+0.06)
Aug 09, 2023	2023 (Q2)	-0.05 / -0.18	-0.098	-83.67% (-0.08)

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
Aug 05, 2025	$14.20	$13.77	-3.03%
May 01, 2025	$14.42	$14.81	+2.70%
Feb 27, 2025	$15.96	$15.78	-1.13%
Oct 30, 2024	$14.24	$16.31	+14.54%

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 Nov 04, 2025, After Close (Confirmed).

What is OneSpan Inc (OSPN) earnings time?

OneSpan Inc (OSPN) earnings time is at Nov 04, 2025, 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 2025 (Q3) is 0.29.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing