OneSpan Raises Quarterly Dividend 8% to $0.13 Per Share
OneSpan Inc. (NASDAQ: OSPN), a provider of cybersecurity and digital agreement solutions, increased its quarterly cash dividend to $0.13 per share from $0.12, marking an 8% annualized increase. The dividend is payable March 27 to shareholders of record March 13.
OneSpan Inc. (NASDAQ: OSPN), a provider of cybersecurity and digital agreement solutions, raised its quarterly cash dividend by 8%, increasing the payment to $0.13 per share from $0.12 per share. The board-approved increase brings the annualized dividend rate to $0.52 per share. Read more dividend announcements.
The dividend will be paid on March 27, 2026 to shareholders of record as of March 13, 2026. The announcement comes as OneSpan reported full-year 2025 results and completed its acquisition of Nok Nok Labs on June 4, 2025.
| Dividend Details | Information |
|---|---|
| Amount | $0.13 per share |
| Previous Amount | $0.12 per share |
| Increase | 8% (annualized rate: $0.52) |
| Record Date | March 13, 2026 |
| Payment Date | March 27, 2026 |
Full-Year 2025 Financial Results
OneSpan reported total revenue of $243.2 million for the full year 2025, flat compared to the prior year. Cybersecurity revenue declined 2% year-over-year to $177.7 million, while Digital Agreements revenue grew 7% to $65.5 million.
Gross profit reached $179.4 million with a 74% gross margin, up from 72% in 2024. Operating income rose to $48.4 million from $44.8 million in the prior year.
Net income totaled $72.9 million, or $1.88 per diluted share, compared to $57.1 million, or $1.46 per diluted share, in 2024. Non-GAAP net income was $57.9 million, or $1.49 per diluted share, versus $55.5 million, or $1.42 per diluted share, in the prior year.
Adjusted EBITDA increased to $77.6 million from $73.4 million in 2024. The company repurchased approximately 1,000,000 shares of its common stock for $13.1 million during the year.
OneSpan entered into a definitive agreement to acquire Build38, a provider of mobile application protection solutions, with the transaction expected to close by March 2026.