Subscription was OneSpan’s largest segment in fiscal 2025, bringing in $90.93M of $180.81M (50%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Hardware Products | $73.50M | $75.97M | $58.85M | $49.11M | ||||||
| Subscription | $47.12M | $60.55M | $80.56M | $90.93M | ||||||
| Software Licenses | — | — | — | — | ||||||
| Maintenance & Support | $42.89M | $42.24M | $38.34M | $34.74M | ||||||
| Maintenance, Support & Other | — | — | — | — | ||||||
| Professional Services & Other | $7.09M | $5.43M | $9.29M | $6.04M | ||||||
| Professional Services | — | — | — | — | ||||||
| Services & Other | — | — | — | — | ||||||
| Product & License | — | — | — | — | ||||||
| Total | $170.61M | $184.18M | $187.03M | $180.81M |
OneSpan brought in $180.81M from its four segments in fiscal 2025, the year ended December 31, 2025. That is less than the $243.18M it reports by geography, so these segments do not cover all of its revenue. Subscription was the largest at $90.93M (50.3%), ahead of Hardware Products at $49.11M (27.2%) and Maintenance & Support at $34.74M (19.2%). The remaining segment, Professional Services & Other, brought in $6.04M.
Compared with fiscal 2024, Subscription grew fastest, up 12.9% to $90.93M, while Professional Services & Other fell the most, down 35.0% to $6.04M.
Emea was OneSpan’s largest region in fiscal 2025, bringing in $102.60M of $243.18M (42%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emea | $100.30M | $111.57M | $108.56M | $102.60M | ||||||||||
| Europe, Middle East, Africa (Emea) | — | — | — | — | ||||||||||
| Americas | $77.74M | $80.06M | $86.80M | $95.71M | ||||||||||
| Apac | $40.97M | $43.48M | $47.82M | $44.87M | ||||||||||
| Asia Pacific | — | — | — | — | ||||||||||
| Other Countries | — | — | — | — | ||||||||||
| United States | — | — | — | — | ||||||||||
| Total | $219.01M | $235.11M | $243.18M | $243.18M |
OneSpan brought in $243.18M from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 0.0% from $243.18M in fiscal 2024. Emea was the largest at $102.60M (42.2%), ahead of Americas at $95.71M (39.4%) and Apac at $44.87M (18.5%).
Compared with fiscal 2024, Americas grew fastest, up 10.3% to $95.71M, while Apac fell the most, down 6.2% to $44.87M. From fiscal 2022 to 2025, combined revenue from these regions grew from $219.01M to $243.18M, a compound annual growth rate of 3.6%. Emea's share of the total fell from 45.8% to 42.2%.
Cybersecurity was OneSpan’s largest segment in fiscal 2025, bringing in $90.93M of $156.13M (58%).
| Statement Business Segments | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe, Middle East, Africa (Emea) | — | — | — | — | |||||||
| Cybersecurity | — | $75.97M | $80.56M | $90.93M | |||||||
| Security Solutions | $73.50M | — | — | — | |||||||
| Digital Agreements | $42.03M | $45.89M | $58.85M | $65.20M | |||||||
| Asia Pacific | — | — | — | — | |||||||
| Americas | — | — | — | — | |||||||
| Total | $115.53M | $121.85M | $139.40M | $156.13M |
OneSpan brought in $156.13M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $243.18M it reports by geography, so these segments do not cover all of its revenue. Cybersecurity was the largest at $90.93M (58.2%), ahead of Digital Agreements at $65.20M (41.8%).
Compared with fiscal 2024, Cybersecurity grew 12.9% to $90.93M and Digital Agreements grew 10.8% to $65.20M.
OneSpan began breaking out Cybersecurity in fiscal 2023, when it brought in $75.97M. OneSpan stopped reporting Security Solutions as a separate segment after fiscal 2022, when it brought in $73.50M.
OneSpan (OSPN) reports its revenue by segment, by geography and by statement business segments. In fiscal 2025, Subscription was its largest segment, bringing in $90.93M (50.3% of the total), followed by Hardware Products at $49.11M (27.2%).
Subscription was OneSpan's largest segment in fiscal 2025, bringing in $90.93M, or 50.3% of the $180.81M total across its four segments.
Emea was OneSpan's largest region in fiscal 2025, bringing in $102.60M, or 42.2% of the $243.18M total across its three regions.
Among OneSpan's segments that make up at least 2% of revenue, Subscription grew fastest in fiscal 2025, up 12.9% from $80.56M to $90.93M.
Every figure comes from OneSpan's annual financial filings, as reported. Each line keeps the name OneSpan gives it, and years follow its fiscal calendar.
OneSpan's revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.