ONESPAN INC (OSPN)
Information Technology · Digital trust and secure authentication solutions · NASDAQ
OneSpan secures digital trust for enterprises through authentication, fraud prevention, and agreement automation, trusted by 60%+ of the world's 100 largest banks.
What ONESPAN INC does
OneSpan is a digital trust company that enables secure digital experiences through two core portfolios: Cybersecurity (authentication, fraud prevention, and mobile app protection) and Digital Agreements (e-signatures, identity verification, and digital forms). The company processes over 100 million digital agreements and billions of secure authentication transactions annually across more than 120 countries, serving more than 60% of the world's 100 largest banks. Solutions are delivered through subscription licensing with both cloud-based and on-premises deployment options.
Themes: ["Passwordless authentication","Mobile-first security","Fraud prevention and risk management","Digital identity and verification","E-signature and digital agreement workflows","Multi-factor authentication","Financial services cybersecurity"]
Fundamentals
- Price$15.21 as of 2026-07-09 close
- Market cap$560M as of 2026-07-10
- 1-year return-14.0% as of 2026-07-09 close
- P/E8.00 as of 2026-07-10
- Net margin+28.5% as of 2026-07-10
- Gross margin+73.6% as of 2026-07-10
- ROE+27.3% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+1.7% as of 2026-07-10
- Revenue CAGR (3y)+3.6% SEC XBRL
- Beta1.57 as of 2026-07-10
Dividend: yield +3.4%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Secular decline in demand for physical Digipass hardware authenticator devices as customers shift to mobile-first authentication approaches, impacting legacy revenue streams","Dependence on subscription licensing model creates revenue volatility; most customers are concentrated in financial services, creating sector-specific concentration risk","Integration challenges from recent acquisitions (Nok Nok Labs, Build38) and need for continued R&D investment to compete in passwordless and mobile security markets"]
Competitors & peers
- Okta (OKTA)
- Ping Identity (acquired by Thoma Bravo, private)
- Duo Security/Cisco
- Microsoft Entra ID/Azure AD
- Docusign (DOCU)
- Adobe Sign
- HelloSign (acquired by Dropbox)
- Twilio/Authy
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.