Also trades as: SPNS.TA (TLV) · $vol 2M

$43.45

Last traded 2025-12-16 — delisted

NASDAQ · Technology · Software - Application · $2.4B mcap · 31M float · 1.65% daily turnover · Short 37% of daily vol

Revenue

$542M +5.4% ▲

5Y CAGR: +10.7%

Gross Profit

$244M +8.4% ▲

5Y CAGR: +13.5%

Operating Income

$91M +8.9% ▲

5Y CAGR: +19.3%

Net Income

$72M +15.6% ▲

5Y CAGR: +22.4%

EPS (Diluted)

$1.29 +15.2% ▲

5Y CAGR: +19.9%

EBITDA

$104M +11.7% ▲

5Y CAGR: +12.7%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$383M	$461M	$475M	$515M	$542M
YoY Growth	+17.6%	+20.4%	+3.0%	+8.4%	+5.4%
Cost of Revenue	$227M	$273M	$275M	$295M	$298M
Gross Profit	$156M	$188M	$200M	$220M	$244M
Gross Margin	40.7%	40.7%	42.2%	42.7%	45.0%
R&D Expenses	$48M	$54M	$64M	$69M	$72M
SG&A Expenses	$0	$76M	$0	$72M	$80M
Operating Expenses	$111M	$130M	$134M	$141M	$153M
Operating Income	$45M	$57M	$66M	$79M	$91M
Operating Margin	11.8%	12.5%	14.0%	15.3%	16.8%
Interest Expense	$6M	$4M	$2M	$340K	$395K
Income Before Tax	$41M	$57M	$66M	$77M	$90M
Tax Expense	$7M	$10M	$13M	$14M	$18M
Net Income	$34M	$47M	$53M	$62M	$72M
Net Margin	8.8%	10.2%	11.1%	12.1%	13.3%
EPS (Diluted)	$0.65	$0.85	$0.95	$1.12	$1.29
EBITDA	$63M	$84M	$83M	$95M	$104M
Shares Outstanding	52M	56M	56M	56M	56M

Line Item	FY2023 Q4	FY2024 Q1	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3
Revenue	$131M	$134M	$137M	$137M	$134M	$136M	$142M	$152M
Cost of Revenue	$75M	$77M	$77M	$77M	$74M	$75M	$80M	$85M
Gross Profit	$56M	$58M	$60M	$60M	$60M	$61M	$62M	$67M
Gross Margin	42.8%	42.9%	43.9%	44.0%	44.8%	44.6%	43.7%	44.2%
R&D Expenses	$22M	$17M	$17M	$16M	$23M	$16M	$19M	$21M
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$36M	$37M	$38M	$39M	$38M	$39M	$45M	$50M
Operating Income	$20M	$21M	$22M	$22M	$22M	$21M	$17M	$18M
Operating Margin	15.4%	15.3%	16.0%	15.9%	16.2%	15.6%	11.9%	11.7%
Interest Expense	$0	$0	$0	$0	$0	$0	$0	$0
Income Before Tax	$21M	$22M	$23M	$23M	$23M	$23M	$18M	$18M
Tax Expense	$4M	$4M	$4M	$4M	$5M	$4M	$4M	$4M
Net Income	$17M	$17M	$19M	$18M	$18M	$18M	$14M	$14M
Net Margin	13.0%	12.9%	13.6%	13.4%	13.3%	13.2%	10.1%	9.4%
EPS (Diluted)	$0.30	$0.31	$0.33	$0.33	$0.32	$0.32	$0.25	$0.25
EBITDA	$25M	$26M	$27M	$22M	$25M	$26M	$23M	$20M
Shares Outstanding	56M	56M	56M	56M	56M	56M	56M	56M

SPNS NASDAQ