---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-021515"
form_type: "8-K"
ticker: "OSPN"
cik: "0001044777"
company_name: "OneSpan Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-22T23:37:15.709292+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OneSpan Q1 operating income +22% YoY to $17.2M; revenue down 2% to $63.4M

## Summary
- Total revenue $63.4M (-2% YoY); subscription revenue $43.6M (+9% YoY).
- Operating income $17.2M (up from $14.1M YoY); net income $14.5M ($0.37 GAAP EPS).
- Non-GAAP net income $17.7M ($0.45 EPS) vs $15.2M ($0.39) YoY; ARR $168.4M (+9% YoY).
- Cash $105.2M (Dec 2024: $83.2M); Adjusted EBITDA $23.0M vs $20.2M YoY.
- NRR of 107%; Digital Agreements revenue $15.7M (+9%); Security Solutions $47.7M (-5%).

## SEC filing metadata
- accession: 0001628280-25-021515
- form_type: 8-K
- ticker: OSPN
- cik: 0001044777
- company_name: OneSpan Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1044777/000162828025021515/0001628280-25-021515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1044777/000162828025021515/ospn-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-021515
- JSON: https://secwatch.observer/filing/0001628280-25-021515.json
- Plain text: https://secwatch.observer/filing/0001628280-25-021515.txt

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