Backblaze, Inc. (BLZE) vs OneSpan Inc. (OSPN)
A side-by-side comparison of Backblaze, Inc. and OneSpan Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
BLZE
Backblaze, Inc.
$13.80TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
OSPN
OneSpan Inc.
$18.38TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — BLZE vs OSPN
growth of $100 · dividends reinvested · last 5yBLZE -30.3% (-7.0%/yr)OSPN -7.9% (-1.6%/yr)OSPN compounded faster over this window
BLZE OSPN
BLZE vs OSPN: by the numbers
- •BLZE is the larger company ($828M vs $681M market cap).
- •OSPN is profitable (27.76% net margin) while BLZE runs a net loss (-13.07%).
- •BLZE grew revenue faster over the past five years (21.16% vs 3.50% CAGR).
- •OSPN pays a dividend (2.74% yield), while BLZE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | BLZE | OSPN |
|---|---|---|
| P/E ratio | N/A | 10.33 |
| Forward P/E | 69.00 | 14.77 |
| P/S ratio | 5.30 | 2.77 |
| P/B ratio | 9.35 | 2.49 |
| EV / EBITDA | 104.87 | 10.67 |
| FCF yield | 2.17% | 5.72% |
Profitability
| Metric | BLZE | OSPN |
|---|---|---|
| Gross margin | 61.97% | 70.56% |
| Operating margin | -11.20% | 18.76% |
| Net margin | -13.07% | 27.76% |
| ROE | -23.07% | 25.01% |
| ROIC | -11.30% | 15.90% |
Dividends
| Metric | BLZE | OSPN |
|---|---|---|
| Dividend yield | N/A | 2.74% |
| Payout ratio | N/A | 28.65% |
Growth (annualized)
| Metric | BLZE | OSPN |
|---|---|---|
| Revenue CAGR (5Y) | 21.16% | 3.50% |
| FCF CAGR (5Y) | 66.05% | 32.45% |
| Total return CAGR (5Y) | N/A | 0.74% |
Frequently asked
- Which has grown faster, BLZE or OSPN?
- Over the past five years, BLZE grew revenue faster — BLZE at a 21.16% CAGR versus OSPN at 3.50%.
- Does BLZE or OSPN pay a bigger dividend?
- OSPN pays a dividend (2.74% yield), while BLZE has no payments in the available dividend history.
- Is BLZE or OSPN more profitable?
- OSPN runs the higher net margin — BLZE at -13.07% versus OSPN at 27.76%.
Go deeper
Dig into the metrics
OneSpan P/E ratioOneSpan dividend yieldBackblaze ROEOneSpan ROEBackblaze operating marginOneSpan operating marginBackblaze revenue growthOneSpan revenue growthBackblaze free cash flowOneSpan free cash flow
Backblaze & OneSpan appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.