OneSpan (OSPN) Gross Margin (2010 - 2026)
OneSpan (OSPN) reported Gross Margin of 73.57% for Q1 2026, down 75.0% on a YoY basis from 294.26% in Q1 2025, and little changed quarter-over-quarter from 73.58% in Q4 2025.
OneSpan (OSPN) Gross Margin (2010 - 2026) Analysis & Trends
OneSpan has reported Gross Margin for 17 years, with the latest figure at 73.57% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 75.0% year-over-year to 73.57%; the trailing twelve-month figure through Mar 2026 stood at 73.56% (up 146.0% YoY), and the FY2025 full-year result was 73.75%, up 196.0% from the prior year.
- Gross Margin for Q1 2026 stood at 73.57%, roughly flat from 73.58% in the prior quarter.
- The five-year high for Gross Margin was 74.32% in Q1 2025, with the low at 61.53% in Q2 2023.
- Historically, Gross Margin has averaged 70.3% across 5 years, with a median of 69.93% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 573 bps — and 2025, when it surged 726 bps.
- OneSpan's Gross Margin stood at 67.03% in 2022, then increased by 3 bps to 69.07% in 2023, then grew by 7 bps to 74.04% in 2024, then fell by 1 bps to 73.58% in 2025, then slipped by 0 bps to 73.57% in 2026.
- The last three Gross Margin figures came in at 73.57% (Q1 2026), 73.58% (Q4 2025), and 73.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 71.21% |
| 10 | OneSpan | 523.92 Mn | 474.17 Mn | 48.51 Mn | 73.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.57% |
| Dec 31, 2025 | 73.58% |
| Sep 30, 2025 | 73.62% |
| Jun 30, 2025 | 73.47% |
| Mar 31, 2025 | 74.32% |
| Dec 31, 2024 | 74.04% |
| Sep 30, 2024 | 73.87% |
| Jun 30, 2024 | 66.22% |
| Mar 31, 2024 | 73.09% |
| Dec 31, 2023 | 69.07% |
| Sep 30, 2023 | 69.12% |
| Jun 30, 2023 | 61.53% |
| Mar 31, 2023 | 68.20% |
| Dec 31, 2022 | 67.03% |
| Sep 30, 2022 | 67.25% |
| Jun 30, 2022 | 67.26% |
| Mar 31, 2022 | 69.93% |
| Dec 31, 2021 | 63.34% |
| Sep 30, 2021 | 69.62% |
| Jun 30, 2021 | 66.63% |