OneSpan (OSPN) Gross Margin (2010 - 2026)
OneSpan (OSPN) posted Gross Margin of 73.57% for Q1 2026, little changed on a QoQ basis from 73.58% in Q4 2025, and down 75.0% year-over-year from 294.26% in Q1 2025.
OneSpan (OSPN) Gross Margin (2010 - 2026) Analysis & Trends
OneSpan's Gross Margin history runs 17 years deep, the most recent figure standing at 73.57% for Q1 2026.
- Quarterly Gross Margin fell 75.0% year-over-year to 73.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 73.56% (up 146.0% YoY) and the FY2025 annual result came in at 73.75%, up 196.0% from the prior year.
- Gross Margin was 73.57% for Q1 2026 at OneSpan, roughly flat from 73.58% in the prior quarter.
- Across five years, Gross Margin topped out at 74.32% in Q1 2025 and bottomed at 61.53% in Q2 2023.
- A 5-year average of 70.3% and a median of 69.93% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 573 bps — and 2025, when it surged 726 bps.
- OneSpan's Gross Margin stood at 67.03% in 2022, then gained by 3 bps to 69.07% in 2023, then rose by 7 bps to 74.04% in 2024, then decreased by 1 bps to 73.58% in 2025, then declined by 0 bps to 73.57% in 2026.
- Business Quant data shows OSPN's Gross Margin at 73.57% in Q1 2026, 73.58% in Q4 2025, and 73.62% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 37.74% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 71.21% |
| 10 | OneSpan | 581.47 Mn | 531.71 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% |