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
DateValue
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%