Sapiens International Corporation N.V.(SPNS)Earnings, Financials & Key Ratios
SPNS•NASDAQ
$43.45
33.7× P/E·Price updated Jun 20, 2026
AboutSapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, the European Union, the United Kingdom, Israel, and internationally. The company offers Sapiens CoreSuite and Sapiens IDITSuite for personal, commercial, and specialty lines; and Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities. It also provides Sapiens DigitalSuite for customers, agents, brokers, risk managers, customer groups and third-party service providers; Sapiens ReinsuranceMaster and Sapiens ReinsurancePro reinsurance solutions; and Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro, and Sapiens ClaimsPro, as well as Sapiens PolicyGo, and Sapiens ClaimsGo for workers' compensation. In addition, the company offers financial and compliance solutions, which comprise Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; and Sapiens Decision, an enterprise-scale platform that enables institutions to centrally author, store, and manage various organizational business logics. Further, it provides tailor-made solutions based on its Sapiens eMerge platform; and program delivery, business, and managed services. The company markets and sells its products and services through direct and partner sales. Sapiens International Corporation N.V. was founded in 1982 and is headquartered in Holon, Israel.Show more
- Revenue$542M+5.4%
- EBITDA$105M+11.4%
- Net Income$72M+15.6%
- EPS (Diluted)1.29+15.2%
- Gross Margin45.03%+5.5%
- EBITDA Margin19.42%+5.7%
- Operating Margin16.85%+9.9%
- Net Margin13.31%+9.7%
- ROE15.53%+6.1%
SPNS Price & Volume
Sapiens International Corporation N.V. (SPNS) stock price & volume — 10-year historical chart
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Cloud Pivot Struggles Amidst Margin Compression
Investment Thesis • Updated 2025Q3
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Geopolitical and operational concentration
Key Thesis Takeaways
- Sapiens is navigating a complex transition toward a cloud-first model, which has driven a recent acceleration in revenue growth to 11.2% in 2025Q3 but simultaneously pressured operating margins down to 11.7%.
- While the company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.08, the heavy reliance on service-intensive revenue models limits gross margins to approximately 44%.
- Investors should monitor the volatility in cash conversion and the significant goodwill concentration, which represents 58% of total assets, as these factors may obscure the underlying profitability of the firm's insurance software vertical.
Verdict Logic
while the company shows revenue growth of 11.2%, the 24.2% year-over-year decline in 2025Q3 EPS and inconsistent cash flow generation warrant a cautious wait-and-see approach.
SPNS Growth Metrics
Sapiens International Corporation N.V. (SPNS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.17%
5 Years10.74%
3 Years5.57%
TTM4.71%
Profit CAGR
10 Years17.44%
5 Years22.42%
3 Years15.23%
TTM-9.75%
EPS CAGR
10 Years15.7%
5 Years19.93%
3 Years14.92%
TTM-10.24%
Return on Capital
10 Years10.87%
5 Years12.79%
3 Years14.66%
Last Year16.88%
SPNS Recent Earnings
Sapiens International Corporation N.V. (SPNS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 7/12 qtrs (58%)
Q4 2025Latest
Nov 13, 2025Metric
Actual
Est
EPS
$0.36+3.8%
$0.35
Rev
$152M+2.8%
$148M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.34+6.3%
$0.32
Rev
$142M-4.5%
$148M
Q2 2025
May 8, 2025Metric
Actual
Est
EPS
$0.37+5.7%
$0.35
Rev
$136M-1.8%
$139M
Q1 2025
Feb 18, 2025Metric
Actual
Est
EPS
$0.37+0.0%
$0.37
Rev
$134M-1.9%
$137M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 13, 2025 | $0.36vs $0.35+3.8% | $152Mvs $148M+2.8% |
| Q3 2025 | Aug 13, 2025 | $0.34vs $0.32+6.3% | $142Mvs $148M-4.5% |
| Q2 2025 | May 8, 2025 | $0.37vs $0.35+5.7% | $136Mvs $139M-1.8% |
| Q1 2025 | Feb 18, 2025 | $0.37vs $0.37+0.0% | $134Mvs $137M-1.9% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Sapiens International Corporation N.V. (SPNS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $43.45 | $2.43B | 33.68 | 5.4% | 13.31% | 15.53% | 1.3% | |
| $137.06 | $11.41B | 169.21 | 22.64% | 11.25% | 10.99% | — | |
| $20.51 | $1.24B | 19.72 | -0.13% | 6.87% | 4.6% | — | |
| $98.63 | $5.98B | 10.20 | 7.68% | 17.58% | 13.98% | — | |
| $142.14 | $86.98B | 11.70 | 7.36% | 10.7% | 24.08% | — | |
| $306.13 | $287.16B | 27.41 | 7.62% | 15.61% | 35.44% | — |
Compare SPNS vs Peers
Sapiens International Corporation N.V. (SPNS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SPNS Frequently Asked Questions
Sapiens International Corporation N.V. (SPNS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Sapiens International Corporation N.V.'s revenue?
Sapiens International Corporation N.V. (SPNS) reported $564.3M in revenue for fiscal year 2024. This represents a 1347% increase from $39.0M in 1996.
How fast is Sapiens International Corporation N.V. growing?
Sapiens International Corporation N.V. (SPNS) grew revenue by 5.4% over the past year. This is steady growth.
Is SPNS profitable?
Yes, Sapiens International Corporation N.V. (SPNS) is profitable, generating $64.3M in net income for fiscal year 2024 (13.3% net margin).
Dividend & Returns
Does SPNS pay dividends?
Yes, Sapiens International Corporation N.V. (SPNS) pays a dividend with a yield of 1.30%. This makes it attractive for income-focused investors.
What is SPNS's return on equity?
Sapiens International Corporation N.V. (SPNS) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.
What is Sapiens International Corporation N.V.'s free cash flow?
Sapiens International Corporation N.V. (SPNS) generated $72.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.