SPNS
Sapiens International Corporation NV
NASDAQ: SPNS · TECHNOLOGY · SOFTWARE - APPLICATION
$43.45
+0.00% today
Updated 2025-12-17
Market cap
$2.43B
P/E ratio
37.78
P/S ratio
4.30x
EPS (TTM)
$1.15
Dividend yield
1.38%
52W range
$24 – $44
Volume
0.5M
Sapiens International Corporation NV (SPNS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.40M | $44.31M | $42.40M | $43.53M | $45.70M | $52.23M | $69.93M | $113.91M | $135.38M | $157.45M | $185.64M | $216.19M | $269.19M | $289.71M | $325.67M | $382.90M | $461.04M | $474.74M | $514.58M | $542.38M |
| Revenue growth (YoY) | — | +12.5% | -4.3% | +2.7% | +5.0% | +14.3% | +33.9% | +62.9% | +18.8% | +16.3% | +17.9% | +16.5% | +24.5% | +7.6% | +12.4% | +17.6% | +20.4% | +3.0% | +8.4% | +5.4% |
| Cost of revenue | $24.85M | $28.80M | $25.58M | $26.46M | $26.57M | $29.92M | $40.07M | $66.46M | $84.97M | $99.09M | $111.19M | $130.40M | $175.68M | $180.14M | $196.15M | $226.93M | $273.19M | $274.57M | $294.99M | $298.15M |
| Gross profit | $14.56M | $15.51M | $16.81M | $17.08M | $19.12M | $22.31M | $29.86M | $47.45M | $50.41M | $58.35M | $74.44M | $85.79M | $93.52M | $109.57M | $129.52M | $155.97M | $187.84M | $200.16M | $219.59M | $244.23M |
| Gross margin | 36.9% | 35.0% | 39.7% | 39.2% | 41.9% | 42.7% | 42.7% | 41.7% | 37.2% | 37.1% | 40.1% | 39.7% | 34.7% | 37.8% | 39.8% | 40.7% | 40.7% | 42.2% | 42.7% | 45.0% |
| R&D | $2.72M | $2.45M | $3.50M | $3.88M | $2.73M | $3.29M | $5.01M | $10.17M | $11.85M | $11.35M | $10.23M | $16.49M | $31.95M | $34.41M | $37.38M | $47.92M | $54.01M | $64.50M | $69.25M | $72.43M |
| SG&A | $16.25M | $13.56M | $12.51M | $10.71M | $11.05M | $12.31M | $18.11M | $25.24M | $26.68M | $32.10M | $39.86M | $44.46M | $60.56M | $52.13M | $54.27M | $69.61M | $76.34M | $75.02M | $76.05M | $85.96M |
| Operating income | $-5.52M | $-1.26M | $797000.00 | $2.48M | $5.34M | $6.71M | $5.62M | $12.04M | $11.88M | $14.91M | $24.35M | $24.84M | $1.00M | $23.02M | $37.87M | $45.00M | $57.49M | $66.49M | $78.87M | $91.38M |
| Operating margin | -14.0% | -2.8% | 1.9% | 5.7% | 11.7% | 12.8% | 8.0% | 10.6% | 8.8% | 9.5% | 13.1% | 11.5% | 0.4% | 7.9% | 11.6% | 11.8% | 12.5% | 14.0% | 15.3% | 16.8% |
| EBITDA | $1.20M | $5.76M | $5.97M | $7.28M | $11.06M | $13.10M | $13.69M | $19.80M | $19.77M | $23.62M | $33.98M | $34.86M | $16.87M | $42.88M | $57.27M | $63.41M | $84.12M | $82.89M | $94.86M | $104.17M |
| EBITDA margin | 3.0% | 13.0% | 14.1% | 16.7% | 24.2% | 25.1% | 19.6% | 17.4% | 14.6% | 15.0% | 18.3% | 16.1% | 6.3% | 14.8% | 17.6% | 16.6% | 18.2% | 17.5% | 18.4% | 19.2% |
| EBIT | $-4.41M | $-499000.00 | $797000.00 | $2.16M | $5.69M | $6.45M | $5.92M | $12.41M | $11.88M | $14.91M | $24.35M | $24.84M | $1.00M | $23.02M | $38.13M | $46.58M | $63.13M | $66.49M | $79.19M | $90.22M |
| Interest expense | $0.00 | $0.00 | $0.00 | $867000.00 | $880000.00 | $135000.00 | $189000.00 | $322000.00 | $544000.00 | $132000.00 | $157000.00 | $270000.00 | $1.69M | $3.23M | $3.03M | $5.60M | $3.79M | $1.57M | $340000.00 | $395000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-9.10M | $-3.83M | $-2.54M | $-344000.00 | $4.20M | $6.15M | $5.90M | $11.78M | $11.60M | $14.46M | $20.02M | $19.34M | $352000.00 | $13.79M | $26.25M | $33.77M | $47.17M | $52.59M | $62.44M | $72.18M |
| Net income growth (YoY) | — | +58.0% | +33.5% | +86.5% | +1321.2% | +46.4% | -4.1% | +99.8% | -1.5% | +24.6% | +38.4% | -3.4% | -98.2% | +3816.2% | +90.4% | +28.7% | +39.7% | +11.5% | +18.7% | +15.6% |
| Profit margin | -23.1% | -8.6% | -6.0% | -0.8% | 9.2% | 11.8% | 8.4% | 10.3% | 8.6% | 9.2% | 10.8% | 8.9% | 0.1% | 4.8% | 8.1% | 8.8% | 10.2% | 11.1% | 12.1% | 13.3% |