Sapiens International Corporation N.V. (SPNS) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Sapiens International Corporation N.V. (SPNS) quarterly income statement — complete revenue, gross profit & net income history

Annual Quarterly

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20

Sales/Revenue	152.32M	141.6M	136.1M	134.31M	137.03M	136.8M	134.25M	130.86M	130.71M	128.3M	124.72M	119.46M	119M	118.58M	117.69M	119.22M	117.81M	114.41M	109.59M	101.66M
Revenue Growth %	11.16%	3.51%	1.38%	2.63%	4.84%	6.63%	7.64%	9.54%	9.84%	8.19%	5.97%	0.2%	1%	3.65%	7.39%	17.28%	20.65%	22.93%	21.05%	17.24%
Cost of Goods Sold	85.01M	79.71M	75.44M	74.16M	76.73M	76.7M	76.69M	74.91M	74.75M	73.64M	71.69M	69.16M	68.72M	68.42M	68.28M	70.56M	69.51M	67.78M	65.34M	60.29M
COGS % of Revenue	55.81%	56.29%	55.43%	55.22%	56%	56.06%	57.12%	57.24%	57.19%	57.39%	57.48%	57.89%	57.75%	57.7%	58.01%	59.18%	59%	59.25%	59.62%	59.3%
Gross Profit	67.31M	61.89M	60.66M	60.15M	60.3M	60.1M	57.56M	55.95M	55.95M	54.66M	53.03M	50.3M	50.27M	50.17M	49.42M	48.66M	48.3M	46.62M	44.26M	41.37M
Gross Margin %	44.19%	43.71%	44.57%	44.78%	44%	43.94%	42.88%	42.76%	42.81%	42.61%	42.52%	42.11%	42.25%	42.3%	41.99%	40.82%	41%	40.75%	40.38%	40.7%
Gross Profit Growth %	11.63%	2.97%	5.39%	7.5%	7.76%	9.95%	8.54%	11.22%	11.29%	8.97%	7.31%	3.37%	4.09%	7.6%	11.66%	17.62%	20.52%	21.86%	22.04%	15.34%
Operating Expenses	49.55M	45.09M	39.46M	38.45M	38.55M	38.22M	37.04M	35.86M	35.69M	35.04M	34.14M	33.82M	33.72M	33.26M	32.87M	32.93M	32.08M	33.45M	31.89M	31.15M
OpEx % of Revenue	32.53%	31.85%	29%	28.63%	28.13%	27.94%	27.59%	27.4%	27.3%	27.31%	27.37%	28.31%	28.34%	28.04%	27.93%	27.62%	27.23%	29.24%	29.1%	30.64%
Selling, General & Admin	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research & Development	21.18M	18.83M	16.28M	22.65M	16.45M	16.81M	16.52M	21.86M	16.03M	15.75M	15.62M	21.09M	14.8M	14.45M	14.15M	21.57M	13.77M	13.27M	13.09M	17.69M
R&D % of Revenue	13.91%	13.3%	11.96%	16.86%	12%	12.29%	12.31%	16.7%	12.26%	12.27%	12.52%	17.65%	12.44%	12.19%	12.02%	18.09%	11.69%	11.6%	11.94%	17.4%
Other Operating Expenses	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	17.76M	16.8M	21.2M	21.7M	21.75M	21.88M	20.52M	20.09M	20.27M	19.62M	18.89M	16.48M	16.55M	16.91M	16.55M	15.73M	16.22M	13.17M	12.37M	10.22M
Operating Margin %	11.66%	11.86%	15.57%	16.16%	15.87%	16%	15.29%	15.35%	15.5%	15.29%	15.15%	13.8%	13.91%	14.26%	14.06%	13.2%	13.77%	11.52%	11.28%	10.06%
Operating Income Growth %	-18.33%	-23.24%	3.28%	8.01%	7.31%	11.53%	8.62%	21.89%	22.43%	16.03%	14.17%	4.76%	2.07%	28.36%	33.83%	53.86%	34.06%	6.22%	20.31%	-8.65%
EBITDA	19.69M	22.9M	26.06M	24.8M	22.24M	26.58M	26.18M	24.24M	21.04M	24.95M	24.3M	20.56M	17.88M	22.02M	22.43M	21.59M	17.57M	21.91M	17.41M	15.26M
EBITDA Margin %	12.93%	16.17%	19.15%	18.47%	16.23%	19.43%	19.5%	18.52%	16.1%	19.45%	19.49%	17.21%	15.02%	18.57%	19.06%	18.11%	14.92%	19.15%	15.89%	15.01%
EBITDA Growth %	-11.47%	-13.83%	-0.43%	2.34%	5.71%	6.51%	7.71%	17.89%	17.66%	13.33%	8.33%	-4.77%	1.74%	0.51%	28.86%	41.47%	-1.7%	48.15%	12.29%	4.15%
D&A (Non-Cash Add-back)	1.93M	6.11M	4.87M	3.11M	493K	4.7M	5.65M	4.15M	772K	5.33M	5.41M	4.08M	1.33M	5.11M	5.89M	5.86M	1.36M	8.73M	5.04M	5.04M
EBIT	17.76M	16.8M	21.2M	21.7M	21.75M	21.88M	20.52M	20.69M	20.27M	19.62M	18.89M	16.48M	16.55M	16.91M	16.55M	15.73M	16.22M	13.17M	12.37M	11.8M
Net Interest Income	239K	1.27M	1.33M	864K	913K	1.11M	1.09M	0	-551K	-562K	-1.2M	1.1M	82K	-2.47M	348K	-2.4M	72K	-69K	-515K	0
Interest Income	239K	1.27M	1.33M	864K	913K	1.11M	1.09M	0	0	0	0	1.1M	82K	0	348K	0	72K	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	551K	562K	1.2M	0	0	2.47M	0	2.4M	0	69K	515K	0
Other Income/Expense	239K	1.27M	1.33M	864K	913K	1.11M	1.09M	560K	-551K	-562K	-1.2M	1.1M	82K	-2.47M	348K	310K	72K	-69K	-515K	-1.21M
Pretax Income	18M	18.07M	22.53M	22.56M	22.66M	22.99M	21.61M	20.65M	19.71M	19.06M	17.7M	17.58M	16.63M	14.44M	16.9M	16.04M	16.29M	13.11M	11.85M	9.01M
Pretax Margin %	11.82%	12.76%	16.55%	16.8%	16.54%	16.81%	16.1%	15.78%	15.08%	14.86%	14.19%	14.71%	13.98%	12.18%	14.36%	13.46%	13.83%	11.45%	10.81%	8.87%
Income Tax	3.62M	3.68M	4.49M	4.7M	4.32M	4.38M	4.11M	3.62M	3.71M	3.59M	3.33M	4.28M	2.89M	2.51M	2.94M	2.4M	2.92M	2.69M	1.95M	611K
Effective Tax Rate %	20.12%	20.37%	19.94%	20.81%	19.08%	19.03%	19.03%	17.55%	18.82%	18.82%	18.82%	24.33%	17.39%	17.39%	17.39%	14.99%	17.94%	20.51%	16.44%	6.78%
Net Income	14.3M	14.23M	17.94M	17.87M	18.34M	18.62M	17.36M	16.97M	15.87M	15.4M	14.2M	13.37M	13.39M	11.91M	13.93M	13.66M	13.27M	10.4M	9.84M	8.32M
Net Margin %	9.39%	10.05%	13.18%	13.3%	13.38%	13.61%	12.93%	12.97%	12.14%	12.01%	11.38%	11.19%	11.25%	10.04%	11.83%	11.46%	11.26%	9.09%	8.97%	8.18%
Net Income Growth %	-22.01%	-23.55%	3.32%	5.27%	15.52%	20.87%	22.29%	26.99%	18.51%	29.33%	1.94%	-2.18%	0.93%	14.48%	41.6%	64.25%	42.08%	11.91%	44.21%	21.73%
Net Income (Continuing)	14.38M	14.39M	18.03M	17.87M	18.34M	18.62M	17.5M	17.02M	16M	15.47M	14.37M	13.3M	13.74M	11.93M	13.96M	13.64M	13.37M	10.42M	9.9M	8.4M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	13.72M	13.81M	13.75M	0	0	0	0	2.68M	82K	85K	87K	2.44M	88K	90K	99K	2.17M	97K	483K	562K	2M
EPS (Diluted)	0.25	0.25	0.32	0.32	0.33	0.33	0.31	0.30	0.28	0.28	0.26	0.24	0.24	0.21	0.25	0.25	0.24	0.19	0.18	0.15
EPS Growth %	-24.24%	-24.24%	3.23%	6.67%	17.86%	17.86%	19.23%	25%	16.67%	33.33%	4%	-4%	0%	10.53%	38.89%	66.67%	33.33%	5.56%	38.46%	15.38%
EPS (Basic)	0.26	0.25	0.32	0.32	0.33	0.33	0.31	0.30	0.29	0.28	0.26	0.24	0.24	0.22	0.25	0.25	0.24	0.19	0.18	0.15
Diluted Shares Outstanding	56.43M	56.07M	56.02M	56.16M	56.31M	56.16M	55.98M	55.91M	55.81M	55.58M	55.57M	55.52M	55.58M	55.57M	55.63M	55.63M	55.61M	55.55M	55.57M	54.54M
Basic Shares Outstanding	57.2M	55.9M	55.89M	55.89M	55.85M	55.8M	55.74M	55.73M	55.4M	55.2M	55.16M	55.14M	55.12M	55.11M	55.09M	54.9M	54.79M	54.75M	54.69M	53.72M
Dividend Payout Ratio	259%	261.49%	-	11.38%	77.2%	83.98%	-	-	86.2%	88.13%	-	-	94.67%	212.56%	-	-	0.02%	-	-	-

Sapiens International Corporation N.V. (SPNS) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Sapiens International Corporation N.V. (SPNS) quarterly income statement — complete revenue, gross profit & net income history

Annual Quarterly

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20

Sales/Revenue	152.32M	141.6M	136.1M	134.31M	137.03M	136.8M	134.25M	130.86M	130.71M	128.3M	124.72M	119.46M	119M	118.58M	117.69M	119.22M	117.81M	114.41M	109.59M	101.66M
Revenue Growth %	11.16%	3.51%	1.38%	2.63%	4.84%	6.63%	7.64%	9.54%	9.84%	8.19%	5.97%	0.2%	1%	3.65%	7.39%	17.28%	20.65%	22.93%	21.05%	17.24%
Cost of Goods Sold	85.01M	79.71M	75.44M	74.16M	76.73M	76.7M	76.69M	74.91M	74.75M	73.64M	71.69M	69.16M	68.72M	68.42M	68.28M	70.56M	69.51M	67.78M	65.34M	60.29M
COGS % of Revenue	55.81%	56.29%	55.43%	55.22%	56%	56.06%	57.12%	57.24%	57.19%	57.39%	57.48%	57.89%	57.75%	57.7%	58.01%	59.18%	59%	59.25%	59.62%	59.3%
Gross Profit	67.31M	61.89M	60.66M	60.15M	60.3M	60.1M	57.56M	55.95M	55.95M	54.66M	53.03M	50.3M	50.27M	50.17M	49.42M	48.66M	48.3M	46.62M	44.26M	41.37M
Gross Margin %	44.19%	43.71%	44.57%	44.78%	44%	43.94%	42.88%	42.76%	42.81%	42.61%	42.52%	42.11%	42.25%	42.3%	41.99%	40.82%	41%	40.75%	40.38%	40.7%
Gross Profit Growth %	11.63%	2.97%	5.39%	7.5%	7.76%	9.95%	8.54%	11.22%	11.29%	8.97%	7.31%	3.37%	4.09%	7.6%	11.66%	17.62%	20.52%	21.86%	22.04%	15.34%
Operating Expenses	49.55M	45.09M	39.46M	38.45M	38.55M	38.22M	37.04M	35.86M	35.69M	35.04M	34.14M	33.82M	33.72M	33.26M	32.87M	32.93M	32.08M	33.45M	31.89M	31.15M
OpEx % of Revenue	32.53%	31.85%	29%	28.63%	28.13%	27.94%	27.59%	27.4%	27.3%	27.31%	27.37%	28.31%	28.34%	28.04%	27.93%	27.62%	27.23%	29.24%	29.1%	30.64%
Selling, General & Admin	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research & Development	21.18M	18.83M	16.28M	22.65M	16.45M	16.81M	16.52M	21.86M	16.03M	15.75M	15.62M	21.09M	14.8M	14.45M	14.15M	21.57M	13.77M	13.27M	13.09M	17.69M
R&D % of Revenue	13.91%	13.3%	11.96%	16.86%	12%	12.29%	12.31%	16.7%	12.26%	12.27%	12.52%	17.65%	12.44%	12.19%	12.02%	18.09%	11.69%	11.6%	11.94%	17.4%
Other Operating Expenses	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	17.76M	16.8M	21.2M	21.7M	21.75M	21.88M	20.52M	20.09M	20.27M	19.62M	18.89M	16.48M	16.55M	16.91M	16.55M	15.73M	16.22M	13.17M	12.37M	10.22M
Operating Margin %	11.66%	11.86%	15.57%	16.16%	15.87%	16%	15.29%	15.35%	15.5%	15.29%	15.15%	13.8%	13.91%	14.26%	14.06%	13.2%	13.77%	11.52%	11.28%	10.06%
Operating Income Growth %	-18.33%	-23.24%	3.28%	8.01%	7.31%	11.53%	8.62%	21.89%	22.43%	16.03%	14.17%	4.76%	2.07%	28.36%	33.83%	53.86%	34.06%	6.22%	20.31%	-8.65%
EBITDA	19.69M	22.9M	26.06M	24.8M	22.24M	26.58M	26.18M	24.24M	21.04M	24.95M	24.3M	20.56M	17.88M	22.02M	22.43M	21.59M	17.57M	21.91M	17.41M	15.26M
EBITDA Margin %	12.93%	16.17%	19.15%	18.47%	16.23%	19.43%	19.5%	18.52%	16.1%	19.45%	19.49%	17.21%	15.02%	18.57%	19.06%	18.11%	14.92%	19.15%	15.89%	15.01%
EBITDA Growth %	-11.47%	-13.83%	-0.43%	2.34%	5.71%	6.51%	7.71%	17.89%	17.66%	13.33%	8.33%	-4.77%	1.74%	0.51%	28.86%	41.47%	-1.7%	48.15%	12.29%	4.15%
D&A (Non-Cash Add-back)	1.93M	6.11M	4.87M	3.11M	493K	4.7M	5.65M	4.15M	772K	5.33M	5.41M	4.08M	1.33M	5.11M	5.89M	5.86M	1.36M	8.73M	5.04M	5.04M
EBIT	17.76M	16.8M	21.2M	21.7M	21.75M	21.88M	20.52M	20.69M	20.27M	19.62M	18.89M	16.48M	16.55M	16.91M	16.55M	15.73M	16.22M	13.17M	12.37M	11.8M
Net Interest Income	239K	1.27M	1.33M	864K	913K	1.11M	1.09M	0	-551K	-562K	-1.2M	1.1M	82K	-2.47M	348K	-2.4M	72K	-69K	-515K	0
Interest Income	239K	1.27M	1.33M	864K	913K	1.11M	1.09M	0	0	0	0	1.1M	82K	0	348K	0	72K	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	551K	562K	1.2M	0	0	2.47M	0	2.4M	0	69K	515K	0
Other Income/Expense	239K	1.27M	1.33M	864K	913K	1.11M	1.09M	560K	-551K	-562K	-1.2M	1.1M	82K	-2.47M	348K	310K	72K	-69K	-515K	-1.21M
Pretax Income	18M	18.07M	22.53M	22.56M	22.66M	22.99M	21.61M	20.65M	19.71M	19.06M	17.7M	17.58M	16.63M	14.44M	16.9M	16.04M	16.29M	13.11M	11.85M	9.01M
Pretax Margin %	11.82%	12.76%	16.55%	16.8%	16.54%	16.81%	16.1%	15.78%	15.08%	14.86%	14.19%	14.71%	13.98%	12.18%	14.36%	13.46%	13.83%	11.45%	10.81%	8.87%
Income Tax	3.62M	3.68M	4.49M	4.7M	4.32M	4.38M	4.11M	3.62M	3.71M	3.59M	3.33M	4.28M	2.89M	2.51M	2.94M	2.4M	2.92M	2.69M	1.95M	611K
Effective Tax Rate %	20.12%	20.37%	19.94%	20.81%	19.08%	19.03%	19.03%	17.55%	18.82%	18.82%	18.82%	24.33%	17.39%	17.39%	17.39%	14.99%	17.94%	20.51%	16.44%	6.78%
Net Income	14.3M	14.23M	17.94M	17.87M	18.34M	18.62M	17.36M	16.97M	15.87M	15.4M	14.2M	13.37M	13.39M	11.91M	13.93M	13.66M	13.27M	10.4M	9.84M	8.32M
Net Margin %	9.39%	10.05%	13.18%	13.3%	13.38%	13.61%	12.93%	12.97%	12.14%	12.01%	11.38%	11.19%	11.25%	10.04%	11.83%	11.46%	11.26%	9.09%	8.97%	8.18%
Net Income Growth %	-22.01%	-23.55%	3.32%	5.27%	15.52%	20.87%	22.29%	26.99%	18.51%	29.33%	1.94%	-2.18%	0.93%	14.48%	41.6%	64.25%	42.08%	11.91%	44.21%	21.73%
Net Income (Continuing)	14.38M	14.39M	18.03M	17.87M	18.34M	18.62M	17.5M	17.02M	16M	15.47M	14.37M	13.3M	13.74M	11.93M	13.96M	13.64M	13.37M	10.42M	9.9M	8.4M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	13.72M	13.81M	13.75M	0	0	0	0	2.68M	82K	85K	87K	2.44M	88K	90K	99K	2.17M	97K	483K	562K	2M
EPS (Diluted)	0.25	0.25	0.32	0.32	0.33	0.33	0.31	0.30	0.28	0.28	0.26	0.24	0.24	0.21	0.25	0.25	0.24	0.19	0.18	0.15
EPS Growth %	-24.24%	-24.24%	3.23%	6.67%	17.86%	17.86%	19.23%	25%	16.67%	33.33%	4%	-4%	0%	10.53%	38.89%	66.67%	33.33%	5.56%	38.46%	15.38%
EPS (Basic)	0.26	0.25	0.32	0.32	0.33	0.33	0.31	0.30	0.29	0.28	0.26	0.24	0.24	0.22	0.25	0.25	0.24	0.19	0.18	0.15
Diluted Shares Outstanding	56.43M	56.07M	56.02M	56.16M	56.31M	56.16M	55.98M	55.91M	55.81M	55.58M	55.57M	55.52M	55.58M	55.57M	55.63M	55.63M	55.61M	55.55M	55.57M	54.54M
Basic Shares Outstanding	57.2M	55.9M	55.89M	55.89M	55.85M	55.8M	55.74M	55.73M	55.4M	55.2M	55.16M	55.14M	55.12M	55.11M	55.09M	54.9M	54.79M	54.75M	54.69M	53.72M
Dividend Payout Ratio	259%	261.49%	-	11.38%	77.2%	83.98%	-	-	86.2%	88.13%	-	-	94.67%	212.56%	-	-	0.02%	-	-	-

SPNS Income Statement

SPNS Income Statement