OneSpan delivered a solid third quarter in 2025, with total revenue increasing by 1% year-over-year to $57.1 million. The company's software business, which now constitutes over 80% of its operations, drove a 12% increase in subscription revenue and a 10% rise in Annual Recurring Revenue (ARR). Despite a decrease in operating income, adjusted EBITDA saw a 3% increase, and the company maintained strong profitability and cash generation.
OneSpan delivered a strong second quarter in 2025, with significant increases in operating income and net income, demonstrating improved profitability. Despite a slight decrease in total revenue, the company saw robust growth in subscription revenue and annual recurring revenue (ARR). A key strategic move was the acquisition of Nok Nok Labs, enhancing its authentication solutions.
OneSpan Inc. reported a total revenue of $63.4 million for the first quarter of 2025, a 2% decrease compared to the same period in 2024. Despite the slight revenue dip, the company achieved a record high operating income of $17.2 million, a 22% increase year-over-year, and strong cash generation, with cash and cash equivalents reaching $105.2 million.
OneSpan concluded the year with a strong fourth quarter, marked by significant growth in subscription revenue and improved profitability, alongside robust cash generation. The company's strategic investments and operational focus have positioned it for sustained revenue growth and profitability.
OneSpan reported a decrease in revenue by 4% year-over-year, but demonstrated strong growth in subscription revenue and improved profitability. The company's focus on operational efficiency led to increased operating income and net income compared to the same quarter last year.
OneSpan reported a strong second quarter with a 9% increase in revenue, a 15% increase in ARR, and significantly improved profitability. Total revenue reached $60.9 million, driven by growth in both Digital Agreements and Security Solutions segments. The company's focus on operational rigor and efficient revenue growth contributed to the positive results.
OneSpan reported a strong first quarter with revenue up 13% year-over-year to $64.8 million and subscription revenue up 34% year-over-year. The company is increasing its Adjusted EBITDA guidance for the full year 2024.
OneSpan reported an 11% year-over-year increase in fourth-quarter revenue, reaching $62.9 million, driven by strong operational execution and cost reduction initiatives. The company's GAAP operating margin was 3%, and the adjusted EBITDA margin was 18%, marking a significant improvement from the previous year. For the full year, revenue grew by 7% to $235.1 million.
OneSpan reported a 3% year-over-year increase in revenue to $58.8 million for the third quarter of 2023. The company's focus on operational rigor and cost reduction initiatives led to improved profitability. They also plan to repurchase approximately $20 million of common stock through a modified 'Dutch auction' tender offer.
OneSpan reported a 10% increase in total revenue, reaching $57.6 million, driven by a 29% growth in subscription revenue. The company is investing in sales and marketing and product development to drive ARR growth and position the company for long-term profitable growth.
OneSpan Inc. reported a decrease in fourth quarter revenue by 4% year-over-year to $56.6 million, but an increase in subscription revenue by 28% year-over-year to $23.8 million. The company ended the year with strong momentum, exceeding expectations for revenue and adjusted EBITDA.
OneSpan reported a 9% increase in total revenue, reaching $57.1 million, with subscription revenue growing by 25%. The company's ARR grew by 14% to $135.8 million. Despite FX headwinds, OneSpan's CEO expressed satisfaction with the progress of the transformation plan and expects investments to drive sustainable ARR growth.
OneSpan reported a 1% increase in total revenue, reaching $52.8 million, with subscription revenue growing by 26%. The company's ARR grew by 21% to $134.3 million. However, GAAP net loss was $9.4 million, or $0.23 per diluted share, and Non-GAAP net loss was $4.0 million, or $0.10 per diluted share.
OneSpan reported a solid first quarter with a 3% increase in total revenue, driven by a 22% growth in recurring revenue and a 21% increase in ARR. The company's GAAP net income was $5.2 million, and adjusted EBITDA was $0.2 million.
OneSpan's Q4 2021 total revenue grew 12% year-over-year to $59.2 million, and the company exceeded expectations for revenue, ARR and adjusted EBITDA.
OneSpan reported a 2% increase in total revenue, reaching $52.3 million, with a significant 38% growth in recurring revenue. The company is focusing on strategic actions to accelerate recurring revenue growth and implement cost reduction opportunities, leading to increased full-year guidance.
OneSpan reported a 5% decrease in total revenue to $52.3 million for Q2 2021, while recurring revenue grew by 24% to $28.8 million and ARR also increased by 24% to $111.7 million. The company experienced a GAAP net loss of $6.7 million, and adjusted EBITDA was $(1.0) million. Full year 2021 earnings guidance was adjusted to reflect an updated second half 2021 outlook.
OneSpan reported a decrease in total revenue by 10% to $50.8 million, but showed growth in recurring revenue and ARR. The company experienced a GAAP net loss of $9.2 million, and a non-GAAP net loss of $6.2 million.
OneSpan reported a decline in total revenue for Q4 2020, but experienced growth in recurring revenue and ARR. The company's focus on transitioning to a recurring revenue model and investing in its solution portfolio is expected to drive long-term growth and profitability.
OneSpan's Q3 2020 results showed a decline in total revenue by 35% to $51.4 million, but the company saw growth in its annual recurring revenue (ARR) by 27% to $95.7 million and a dollar-based net expansion rate of 120%. The company's transition to a recurring revenue model and the demand for e-signature solutions contributed to these results, while the pandemic delayed some IT projects and affected demand for certain authentication products.
OneSpan reported a slight decrease in total revenue, but a significant increase in recurring revenue. The company experienced a GAAP loss per share, but a non-GAAP earnings per share.
OneSpan reported a 19% increase in total revenue to $56.5 million for Q1 2020. Software revenue grew by 90%, and recurring revenue increased by 62%. GAAP earnings per share was $0.00, and non-GAAP earnings per share was $0.08.
OneSpan Inc. reported financial results for the fourth quarter and full year ended December 31, 2019. Total revenue increased 10% to $71.0 million and software revenue grew 63% to $25.5 million.