OneSpan (OSPN) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChartTranscripts

OneSpan Revenue Highlights


Latest Revenue (Y)

$235.11M

Latest Revenue (Q)

$60.92M

Main Segment (Y)

Subscription

Main Geography (Y)

EMEA

OneSpan Revenue by Period


OneSpan Revenue by Year

DateRevenueChange
2023-12-31$235.11M7.35%
2022-12-31$219.01M2.11%
2021-12-31$214.48M-0.56%
2020-12-31$215.69M-15.27%
2019-12-31$254.57M19.92%
2018-12-31$212.28M9.82%
2017-12-31$193.29M0.51%
2016-12-31$192.30M-20.35%
2015-12-31$241.44M19.80%
2014-12-31$201.54M29.98%
2013-12-31$155.05M0.66%
2012-12-31$154.03M-8.36%
2011-12-31$168.08M55.68%
2010-12-31$107.96M6.16%
2009-12-31$101.69M-23.52%
2008-12-31$132.98M10.83%
2007-12-31$119.98M57.74%
2006-12-31$76.06M39.36%
2005-12-31$54.58M82.58%
2004-12-31$29.89M30.73%
2003-12-31$22.87M20.90%
2002-12-31$18.91M-29.24%
2001-12-31$26.73M-4.77%
2000-12-31$28.07M44.67%
1999-12-31$19.40M29.20%
1998-12-31$15.02M22.06%
1997-12-31$12.30M-

OneSpan generated $235.11M in revenue during NA 2023, up 7.35% compared to the previous quarter, and up 110.75% compared to the same period a year ago.

OneSpan Revenue by Quarter

DateRevenueChange
2024-06-30$60.92M-6.04%
2024-03-31$64.84M3.04%
2023-12-31$62.93M6.95%
2023-09-30$58.84M5.57%
2023-06-30$55.73M-3.25%
2023-03-31$57.61M1.74%
2022-12-31$56.62M-0.92%
2022-09-30$57.15M8.25%
2022-06-30$52.79M0.65%
2022-03-31$52.45M-11.34%
2021-12-31$59.15M13.16%
2021-09-30$52.28M-0.00%
2021-06-30$52.28M2.96%
2021-03-31$50.77M-4.07%
2020-12-31$52.93M2.89%
2020-09-30$51.44M-6.40%
2020-06-30$54.95M-2.72%
2020-03-31$56.49M-20.44%
2019-12-31$71.00M-10.94%
2019-09-30$79.72M41.77%
2019-06-30$56.23M18.12%
2019-03-31$47.61M-26.53%
2018-12-31$64.80M23.44%
2018-09-30$52.49M5.93%
2018-06-30$49.55M9.07%
2018-03-31$45.43M-16.65%
2017-12-31$54.51M6.61%
2017-09-30$51.13M11.89%
2017-06-30$45.69M8.89%
2017-03-31$41.97M-11.83%
2016-12-31$47.60M9.05%
2016-09-30$43.65M-19.61%
2016-06-30$54.29M16.09%
2016-03-31$46.77M-8.10%
2015-12-31$50.89M-15.22%
2015-09-30$60.03M-8.21%
2015-06-30$65.39M0.40%
2015-03-31$65.14M4.34%
2014-12-31$62.43M18.61%
2014-09-30$52.63M10.45%
2014-06-30$47.65M22.75%
2014-03-31$38.82M-10.27%
2013-12-31$43.27M10.49%
2013-09-30$39.16M5.09%
2013-06-30$37.26M5.36%
2013-03-31$35.37M-8.94%
2012-12-31$38.84M7.01%
2012-09-30$36.29M-22.19%
2012-06-30$46.64M44.59%
2012-03-31$32.26M-33.53%
2011-12-31$48.53M17.26%
2011-09-30$41.38M-3.71%
2011-06-30$42.98M18.22%
2011-03-31$36.36M10.16%
2010-12-31$33.01M25.49%
2010-09-30$26.30M6.30%
2010-06-30$24.74M3.46%
2010-03-31$23.91M-25.12%
2009-12-31$31.94M44.34%
2009-09-30$22.13M-9.53%
2009-06-30$24.46M5.54%
2009-03-31$23.18M-19.91%
2008-12-31$28.93M-27.13%
2008-09-30$39.70M12.13%
2008-06-30$35.41M22.40%
2008-03-31$28.93M-7.15%
2007-12-31$31.16M-

OneSpan generated $60.92M in revenue during Q2 2024, up -6.04% compared to the previous quarter, and up 105.76% compared to the same period a year ago.

OneSpan Revenue Breakdown


OneSpan Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Subscription$106.44M$38.21M$27.79M--
Professional services$6.32M$4.63M---
Maintenance, support and other$46.38M$51.28M---
Hardware products$75.97M$79.50M---
Product and license-$121.43M---
Services and other-$97.58M---
Software licenses--$40.86M--
Products---$81.85M-
Services---$5.69M-
Product And License---$132.99M$184.17M
Service And Other---$82.70M$70.40M
Licenses---$51.14M-
Maintenance Support---$49.23M-

OneSpan's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription (45.27%), Hardware products (32.31%), Maintenance, support and other (19.73%), and Professional services (2.69%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Maintenance, support and other$10.23M$10.57M$34.11M$12.27M$12.85M$12.18M$11.95M$12.98M$12.73M-----------
Hardware products$19.74M$12.58M$57.13M$18.84M$19.81M$18.78M$15.35M$24.47M$17.91M-----------
Services and other----$25.15M$24.46M$24.69M$25.87M$24.06M-----------
Product and license----$30.58M$33.15M$31.93M$31.28M$28.73M-----------
Professional services-------$2.22M$2.00M$900.00K$1.04M$1.15M--------
Subscription---------$10.12M$9.79M$10.20M$9.82M$8.50M$7.45M$6.13M$5.83M$5.55M--
Software licenses---------$14.13M$10.87M$10.29M--------
Services------------$1.04M$1.59M$1.35M$1.33M$1.42M$2.34M--
Products------------$19.45M$16.24M$21.69M$24.19M$19.74M$42.03M--
Maintenance Support------------$13.03M$13.74M$12.39M$12.11M$10.98M$10.66M--
Licenses------------$8.93M$12.86M$8.56M$11.20M$18.52M$19.15M--
Product And License-------------$28.45M$29.09M$30.25M$35.38M$51.01M--
Service And Other-------------$22.33M$23.84M$21.19M$19.57M$19.99M--

OneSpan's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Hardware products (65.86%), and Maintenance, support and other (34.14%).

OneSpan Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Asia Pacific$43.48M$40.97M$40.96M$45.43M$45.97M
Americas$80.06M$77.74M$68.65M$53.17M$61.58M
EMEA$111.57M$100.30M---
Europe, Middle East, Africa (EMEA)--$104.88M--
E M E A---$117.09M$147.03M

OneSpan's latest annual revenue breakdown by geography, as of Dec 23: EMEA (47.45%), Americas (34.05%), and Asia Pacific (18.49%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Americas$21.10M$21.34M$21.23M$20.00M$18.33M$20.50M$20.77M$20.39M$19.33M$17.25M$17.49M$17.62M$17.01M$16.53M$14.60M$12.30M$13.93M$12.33M$18.82M$15.61M
EMEA$25.19M$31.84M$30.98M$26.23M$26.54M$27.82M$25.90M-------------
Asia Pacific$14.63M$11.66M$10.72M$12.61M$10.86M$9.29M$9.95M$10.75M$9.94M$10.32M$10.57M$12.69M$10.44M$7.26M$9.87M$12.45M$12.69M$10.43M$13.33M$15.39M
Europe, Middle East, Africa (EMEA)-------$26.00M$23.52M$24.88M$31.09M$21.96M--------
E M E A------------$24.83M$26.99M$28.46M$26.68M$28.34M$33.73M$38.86M$48.73M

OneSpan's latest quarterly revenue breakdown by geography, as of Jun 24: EMEA (41.35%), Americas (34.63%), and Asia Pacific (24.02%).

OneSpan Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$211.98B
CSGSCSG Systems$1.17B$295.13M
NTCTNetScout Systems$829.46M$174.56M
PRTHPriority Technology$755.61M$205.72M
STERSterling Check$719.64M$200.53M
LSAKLesaka$564.22M$138.19M
CCSIConsensus Cloud Solutions$362.56M$87.50M
ESMTEngageSmart$303.92M$97.73M
RPAYRepay$296.63M$74.91M
SANGSangoma$252.53M$82.69M
OSPNOneSpan$235.11M$60.92M
MLGOMicroAlgo$81.89M$20.24M

OSPN Revenue FAQ


OneSpan's yearly revenue for 2023 was $235.11M, representing an increase of 7.35% compared to 2022. The company's yearly revenue for 2022 was $219.01M, representing an increase of 2.11% compared to 2021. OSPN's yearly revenue for 2021 was $214.48M, representing a decrease of -0.56% compared to 2020.

OneSpan's quarterly revenue for Q2 2024 was $60.92M, a -6.04% decrease from the previous quarter (Q1 2024), and a 9.31% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $64.84M, a 3.04% increase from the previous quarter (Q4 2023), and a 12.56% increase year-over-year (Q1 2023). OSPN's quarterly revenue for Q4 2023 was $62.93M, a 6.95% increase from the previous quarter (Q3 2023), and a 11.14% increase year-over-year (Q4 2022).

OneSpan's revenue growth rate for the last 3 years (2021-2023) was 9.62%, and for the last 5 years (2019-2023) was -7.65%.

OneSpan's revenue streams in c 23 are Subscription, Professional services, Maintenance, support and other, and Hardware products. Subscription generated $106.44M in revenue, accounting 45.27% of the company's total revenue, up 178.53% year-over-year. Professional services generated $6.32M in revenue, accounting 2.69% of the company's total revenue, up 36.40% year-over-year. Maintenance, support and other generated $46.38M in revenue, accounting 19.73% of the company's total revenue, down -9.54% year-over-year. Hardware products generated $75.97M in revenue, accounting 32.31% of the company's total revenue, down -4.45% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of OneSpan was Subscription. This segment made a revenue of $106.44M, representing 45.27% of the company's total revenue.