OneSpan beats Q4 revenue, profit estimates

Onespan

26/02/2026 21:10

Overview

Digital security firm's Q4 revenue grew 3%, beating analysts' expectations

Adjusted net income for Q4 beat analysts' expectations

Company repurchased 560,000 shares for $6.8 mln

Outlook

OneSpan expects full-year 2026 total revenue between $244 mln and $249 mln

Company anticipates 2026 ARR between $192 mln and $196 mln

OneSpan projects 2026 adjusted EBITDA between $64 mln and $68 mln

Result Drivers

SUBSCRIPTION REVENUE - Q4 subscription revenue grew 7% year-over-year to $38.6 mln, contributing to overall revenue growth

DIGITAL AGREEMENTS GROWTH - Digital Agreements revenue increased 11% year-over-year to $17.5 mln, supporting total revenue growth

ACQUISITION IMPACT - Financial results include contributions from the acquisition of Nok Nok Labs, which closed on June 4, 2025

Company press release: ID:nBw7P4yrWa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$62.9 mln
$59.78 mln (5 Analysts)
Q4 Adjusted Net Income
Beat
$14 mln
$11.69 mln (4 Analysts)
Q4 Adjusted EBITDA
Beat
$19.4 mln
$15.34 mln (5 Analysts)
Q4 Annual Recurring Revenue
$186.9 mln
Q4 Gross Profit
$46.3 mln
Q4 Operating Income
$12.5 mln
Q4 Subscription Revenue
$38.6 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for OneSpan Inc is $15.50, about 39.1% above its February 25 closing price of $11.14

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)