OneSpan (OSPN) Revenue & Revenue Breakdown

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OneSpan Revenue Highlights

Latest Revenue (Y)

$235.11M

Latest Revenue (Q)

$56.24M

Main Segment (Y)

Subscription

Main Geography (Y)

EMEA

OneSpan Revenue by Period

OneSpan Revenue by Year

Date	Revenue	Change
2023-12-31	$235.11M	7.35%
2022-12-31	$219.01M	2.11%
2021-12-31	$214.48M	-0.56%
2020-12-31	$215.69M	-15.27%
2019-12-31	$254.57M	19.92%
2018-12-31	$212.28M	9.82%
2017-12-31	$193.29M	0.51%
2016-12-31	$192.30M	-20.35%
2015-12-31	$241.44M	19.80%
2014-12-31	$201.54M	29.98%
2013-12-31	$155.05M	0.66%
2012-12-31	$154.03M	-8.36%
2011-12-31	$168.08M	55.68%
2010-12-31	$107.96M	6.16%
2009-12-31	$101.69M	-23.52%
2008-12-31	$132.98M	10.83%
2007-12-31	$119.98M	57.74%
2006-12-31	$76.06M	39.36%
2005-12-31	$54.58M	82.58%
2004-12-31	$29.89M	30.73%
2003-12-31	$22.87M	20.90%
2002-12-31	$18.91M	-29.24%
2001-12-31	$26.73M	-4.77%
2000-12-31	$28.07M	44.67%
1999-12-31	$19.40M	29.20%
1998-12-31	$15.02M	22.06%
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

Date	Revenue	Change
2024-09-30	$56.24M	-7.68%
2024-06-30	$60.92M	-6.04%
2024-03-31	$64.84M	3.04%
2023-12-31	$62.93M	6.95%
2023-09-30	$58.84M	5.57%
2023-06-30	$55.73M	-3.25%
2023-03-31	$57.61M	1.74%
2022-12-31	$56.62M	-0.92%
2022-09-30	$57.15M	8.25%
2022-06-30	$52.79M	0.65%
2022-03-31	$52.45M	-11.34%
2021-12-31	$59.15M	13.16%
2021-09-30	$52.28M	-0.00%
2021-06-30	$52.28M	2.96%
2021-03-31	$50.77M	-4.07%
2020-12-31	$52.93M	2.89%
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	$79.72M	41.77%
2019-06-30	$56.23M	18.12%
2019-03-31	$47.61M	-26.53%
2018-12-31	$64.80M	23.44%
2018-09-30	$52.49M	5.93%
2018-06-30	$49.55M	9.07%
2018-03-31	$45.43M	-16.65%
2017-12-31	$54.51M	6.61%
2017-09-30	$51.13M	11.89%
2017-06-30	$45.69M	8.89%
2017-03-31	$41.97M	-11.83%
2016-12-31	$47.60M	9.05%
2016-09-30	$43.65M	-19.61%
2016-06-30	$54.29M	16.09%
2016-03-31	$46.77M	-8.10%
2015-12-31	$50.89M	-15.22%
2015-09-30	$60.03M	-8.21%
2015-06-30	$65.39M	0.40%
2015-03-31	$65.14M	4.34%
2014-12-31	$62.43M	18.61%
2014-09-30	$52.63M	10.45%
2014-06-30	$47.65M	22.75%
2014-03-31	$38.82M	-10.27%
2013-12-31	$43.27M	10.49%
2013-09-30	$39.16M	5.09%
2013-06-30	$37.26M	5.36%
2013-03-31	$35.37M	-8.94%
2012-12-31	$38.84M	7.01%
2012-09-30	$36.29M	-22.19%
2012-06-30	$46.64M	44.59%
2012-03-31	$32.26M	-33.53%
2011-12-31	$48.53M	17.26%
2011-09-30	$41.38M	-3.71%
2011-06-30	$42.98M	18.22%
2011-03-31	$36.36M	10.16%
2010-12-31	$33.01M	25.49%
2010-09-30	$26.30M	6.30%
2010-06-30	$24.74M	3.46%
2010-03-31	$23.91M	-25.12%
2009-12-31	$31.94M	44.34%
2009-09-30	$22.13M	-9.53%
2009-06-30	$24.46M	5.54%
2009-03-31	$23.18M	-19.91%
2008-12-31	$28.93M	-27.13%
2008-09-30	$39.70M	12.13%
2008-06-30	$35.41M	22.40%
2008-03-31	$28.93M	-7.15%
2007-12-31	$31.16M	-

OneSpan generated $56.24M in revenue during Q3 2024, up -7.68% compared to the previous quarter, and up 100.91% compared to the same period a year ago.

OneSpan Revenue Breakdown

OneSpan Revenue Breakdown by Product

Annual Revenue by Product

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

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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Maintenance, support and other	$9.64M	$10.23M	$10.57M	$34.11M	$12.27M	$12.85M	$12.18M	$11.95M	$12.98M	$12.73M	-	-	-	-	-	-	-	-	-	-
Hardware products	$12.10M	$19.74M	$12.58M	$57.13M	$18.84M	$19.81M	$18.78M	$15.35M	$24.47M	$17.91M	-	-	-	-	-	-	-	-	-	-
Product and license	-	-	-	-	-	$30.58M	$33.15M	$31.93M	$31.28M	$28.73M	-	-	-	-	-	-	-	-	-	-
Services and other	-	-	-	-	-	$25.15M	$24.46M	$24.69M	$25.87M	$24.06M	-	-	-	-	-	-	-	-	-	-
Professional services	-	-	-	-	-	-	-	-	$2.22M	$2.00M	$900.00K	$1.04M	$1.15M	-	-	-	-	-	-	-
Software licenses	-	-	-	-	-	-	-	-	-	-	$14.13M	$10.87M	$10.29M	-	-	-	-	-	-	-
Subscription	-	-	-	-	-	-	-	-	-	-	$10.12M	$9.79M	$10.20M	$9.82M	$8.50M	$7.45M	$6.13M	$5.83M	-	-
Maintenance Support	-	-	-	-	-	-	-	-	-	-	-	-	-	$13.03M	$13.74M	$12.39M	$12.11M	$10.98M	-	-
Licenses	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.93M	$12.86M	$8.56M	$11.20M	$18.52M	-	-
Products	-	-	-	-	-	-	-	-	-	-	-	-	-	$19.45M	$16.24M	$21.69M	$24.19M	$19.74M	-	-
Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.04M	$1.59M	$1.35M	$1.33M	$1.42M	-	-
Service And Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$22.33M	$23.84M	$21.19M	$19.57M	$19.99M	-
Product And License	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$28.45M	$29.09M	$30.25M	$35.38M	$51.01M	-

OneSpan's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Hardware products (55.64%), and Maintenance, support and other (44.36%).

OneSpan Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Americas	$80.06M	$77.74M	$68.65M	$53.17M	$61.58M
Asia Pacific	$43.48M	$40.97M	$40.96M	$45.43M	$45.97M
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

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
EMEA	$22.34M	$25.19M	$31.84M	$30.98M	$26.23M	$26.54M	$27.82M	$25.90M	-	-	-	-	-	-	-	-	-	-	-	-
Americas	$22.11M	$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
Asia Pacific	$11.79M	$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
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

OneSpan's latest quarterly revenue breakdown by geography, as of Sep 24: EMEA (39.72%), Americas (39.31%), and Asia Pacific (20.97%).

OneSpan Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EVTC	EVERTEC	$694.71B	$628.67B
CSGS	CSG Systems	$1.17B	$295.14M
NTCT	NetScout Systems	$829.46M	$191.11M
PRTH	Priority Technology	$755.61M	$219.87M
STER	Sterling Check	$719.64M	$200.53M
LSAK	Lesaka	$564.22M	$145.55M
CCSI	Consensus Cloud Solutions	$362.56M	$87.75M
ESMT	EngageSmart	$303.92M	$97.73M
RPAY	Repay	$296.63M	$79.14M
SANG	Sangoma	$252.53M	$82.69M
OSPN	OneSpan	$235.11M	$56.24M
MLGO	MicroAlgo	$81.89M	$20.24M

OSPN Revenue FAQ

What is OneSpan’s yearly revenue?

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.

What is OneSpan’s quarterly revenue?

OneSpan's quarterly revenue for Q3 2024 was $56.24M, a -7.68% decrease from the previous quarter (Q2 2024), and a -4.41% decrease year-over-year (Q3 2023). The company'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). OSPN'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).

What is OneSpan’s revenue growth rate?

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%.

What are OneSpan’s revenue streams?

OneSpan's revenue streams in c 23 are Subscription, Professional services, Hardware products, and Maintenance, support and other. 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. Hardware products generated $75.97M in revenue, accounting 32.31% of the company's total revenue, down -4.45% 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.

What is OneSpan’s main source of revenue?

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.