---
schema_version: "secwatch.filing_event.v1"
accession: "0001044777-26-000017"
form_type: "8-K"
ticker: "OSPN"
cik: "0001044777"
company_name: "OneSpan Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:30:50.229230+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OneSpan Q1 revenue up 4% to $65.9M, ARR up 14% to $192.1M, net income down to $11.6M

## Summary
- Total revenue $65.9M (+4% YoY); subscription revenue $52.7M (+8% YoY).
- Net income $11.6M ($0.30 diluted EPS) vs $14.5M ($0.37) a year ago; non-GAAP EPS $0.39.
- Adjusted EBITDA $21.0M, down 9% from $23.0M; operating income $14.8M (-14%).
- Full-year ARR guidance raised to $194-198M from $192-196M; revenue guidance $244-249M unchanged.
- Completed Build38 acquisition; declared $0.13 quarterly dividend payable June 4, 2026.

## SEC filing metadata
- accession: 0001044777-26-000017
- form_type: 8-K
- ticker: OSPN
- cik: 0001044777
- company_name: OneSpan Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1044777/000104477726000017/0001044777-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1044777/000104477726000017/ospn-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001044777-26-000017
- JSON: https://secwatch.observer/filing/0001044777-26-000017.json
- Plain text: https://secwatch.observer/filing/0001044777-26-000017.txt

## Key facts
- Earnings Releases
  OneSpan Inc. reported first quarter ended March 31, 2026 results: revenue $65.9 million, net income $11.6 million, or $0.30 per diluted share, EPS $0.30 per diluted share.
  - Period: first quarter ended March 31, 2026
  - Revenue: $65.9 million
  - Net income: $11.6 million, or $0.30 per diluted share
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- OneSpan Reports First Quarter 2026 Financial Results • Revenue increased 4% year-over-year to $65.9 million • Subscription revenue increased 8% year-over-year to $52.7 million • Operating income decreased 14% year-over-year to $14.8 million • Adjusted EBITDA decreased 9% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1044777/000104477726000017/0001044777-26-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
