OneSpan (OSPN) Gross Margin (2010 - 2026)
OneSpan's (OSPN) quarterly Gross Margin came in at 73.57% in Q2 2026, up 10.0% on a YoY basis from 66.88% in Q2 2025, and little changed quarter-over-quarter from 73.57% in Q1 2026.
Analysis
OneSpan (OSPN) Gross Margin (2010 - 2026) Analysis & Trends
OneSpan (OSPN) has reported Gross Margin for 17 consecutive years, with 73.57% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 10.0% year-over-year to 73.57%; the trailing twelve-month figure through Jun 2026 stood at 73.58% (down 35.0% YoY), and the FY2025 full-year result was 73.75%, up 196.0% from the prior year.
- Gross Margin held at 73.57% in Q2 2026 per OSPN's latest filing, from 73.57% 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.
- Historically, Gross Margin has averaged 70.49% across 5 years, with a median of 71.51% in 2022.
- The sharpest annual moves came in 2023 and 2025: Gross Margin plunged 573 bps in 2023, then soared 726 bps in 2025.
- Over 5 years, 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 decreased by 0 bps to 73.57% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 73.57%, 73.57%, and 73.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn | 79.63% |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn | 64.65% |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn | 99.66% |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn | 45.46% |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn | 85.71% |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn | 84.98% |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn | 73.57% |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn | 91.30% |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 Mn | 84.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.57% |
| 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% |