Sapiens International Corporation N.V.(SPNS)Earnings, Financials & Key Ratios
SPNS•NASDAQ
$43.45
$2.43B mkt cap·33.7× P/E·Price updated Apr 24, 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%
- ROIC17.35%+12.9%
- Debt/Equity0.13-31.3%
- Interest Coverage231.34-0.3%
SPNS Key Insights
Sapiens International Corporation N.V. (SPNS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 22.4%
- ✓Strong Piotroski F-Score: 8/9
- ✓Strong 5Y sales CAGR of 10.7%
- ✓Healthy 5Y average net margin of 11.1%
- ✓Trading near 52-week high
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SPNS Price & Volume
Sapiens International Corporation N.V. (SPNS) stock price & volume — 10-year historical chart
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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, 2025EPS
$0.36
Est $0.35
+3.8%
Revenue
$152M
Est $148M
+2.8%
Q3 2025
Aug 13, 2025EPS
$0.34
Est $0.32
+6.3%
Revenue
$142M
Est $148M
-4.5%
Q2 2025
May 8, 2025EPS
$0.37
Est $0.35
+5.7%
Revenue
$136M
Est $139M
-1.8%
Q1 2025
Feb 18, 2025EPS
$0.37
Est $0.37
+0.0%
Revenue
$134M
Est $137M
-1.9%
| 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 →
SPNS Peer Comparison
Sapiens International Corporation N.V. (SPNS) competitors in Financial services and insurance software — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GWRE | 11.84B | 140.02 | 172.86 | 22.64% | 14.11% | 12.92% | 2.49% | 0.49 |
 VRNT | 1.24B | 20.51 | 19.72 | -0.13% | 6.87% | 4.6% | 11.43% | 0.34 |
 NICE | 7.72B | 125.01 | 12.82 | 8.54% | 20.78% | 15.81% | 9.11% | 0.04 |
 ACN | 111.46B | 179.01 | 14.73 | 7.36% | 10.65% | 23.92% | 9.76% | 0.25 |
 IBM | 214.84B | 229.03 | 20.50 | 7.62% | 15.61% | 35.44% | 5.39% | 2.05 |
 MSFT | 3.06T | 411.35 | 30.16 | 14.93% | 39.34% | 33.13% | 2.34% | 0.33 |
 SAP | 200.87B | 172.39 | 24.52 | 7.68% | 19.12% | 15.67% | 4.64% | 0.18 |
 ORCL | 533.17B | 185.45 | 42.73 | 8.38% | 25.3% | 56.31% | 4.96 |
Compare SPNS vs Peers
Sapiens International Corporation N.V. (SPNS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SPNS Income Statement
Sapiens International Corporation N.V. (SPNS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 216.19M | 269.19M | 289.71M | 325.67M | 382.9M | 461.04M | 474.74M | 514.58M | 542.38M | 564.33M |
| Revenue Growth % | 16.46% | 24.52% | 7.62% | 12.41% | 17.57% | 20.41% | 2.97% | 8.39% | 5.4% | 4.71% |
| Cost of Goods Sold | 130.4M | 175.68M | 180.14M | 196.15M | 226.93M | 273.19M | 274.57M | 294.99M | 298.15M | 314.32M |
| COGS % of Revenue | 60.32% | 65.26% | 62.18% | 60.23% | 59.27% | 59.26% | 57.84% | 57.33% | 54.97% | - |
| Gross Profit | 85.79M▲ 0% | 93.52M▲ 9.0% | 109.57M▲ 17.2% | 129.52M▲ 18.2% | 155.97M▲ 20.4% | 187.84M▲ 20.4% | 200.16M▲ 6.6% | 219.59M▲ 9.7% | 244.23M▲ 11.2% | 250.01M▲ 0% |
| Gross Margin % | 39.68% | 34.74% | 37.82% | 39.77% | 40.73% | 40.74% | 42.16% | 42.67% | 45.03% | 44.3% |
| Gross Profit Growth % | 15.24% | 9.01% | 17.17% | 18.21% | 20.42% | 20.43% | 6.56% | 9.71% | 11.22% | - |
| Operating Expenses | 60.95M | 92.51M | 86.55M | 91.65M | 110.97M | 130.36M | 133.67M | 140.73M | 152.85M | 172.56M |
| OpEx % of Revenue | 28.19% | 34.37% | 29.87% | 28.14% | 28.98% | 28.27% | 28.16% | 27.35% | 28.18% | - |
| Selling, General & Admin | 44.46M | 60.56M | 52.13M | 54.27M | 0 | 76.34M | 0 | 72.05M | 80.42M | 0 |
| SG&A % of Revenue | 20.57% | 22.5% | 18% | 16.67% | - | 16.56% | - | 14% | 14.83% | - |
| Research & Development | 16.49M | 31.95M | 34.41M | 37.38M | 47.92M | 54.01M | 64.5M | 69.25M | 72.43M | 78.94M |
| R&D % of Revenue | 7.63% | 11.87% | 11.88% | 11.48% | 12.51% | 11.72% | 13.59% | 13.46% | 13.35% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 63.05M | 0 | 69.18M | -573K | 0 | 4M |
| Operating Income | 24.84M▲ 0% | 1M▼ 96.0% | 23.02M▲ 2197.6% | 37.87M▲ 64.5% | 45M▲ 18.8% | 57.49M▲ 27.7% | 66.49M▲ 15.7% | 78.87M▲ 18.6% | 91.38M▲ 15.9% | 77.45M▲ 0% |
| Operating Margin % | 11.49% | 0.37% | 7.95% | 11.63% | 11.75% | 12.47% | 14.01% | 15.33% | 16.85% | 13.72% |
| Operating Income Growth % | 2.01% | -95.97% | 2197.6% | 64.49% | 18.84% | 27.74% | 15.66% | 18.61% | 15.87% | - |
| EBITDA | 34.86M | 16.87M | 42.88M | 57.01M | 61.83M | 78.48M | 82.89M | 94.53M | 105.33M | 93.46M |
| EBITDA Margin % | 16.13% | 6.27% | 14.8% | 17.5% | 16.15% | 17.02% | 17.46% | 18.37% | 19.42% | 16.56% |
| EBITDA Growth % | 2.61% | -51.6% | 154.16% | 32.93% | 8.46% | 26.93% | 5.62% | 14.04% | 11.42% | -5.82% |
| D&A (Non-Cash Add-back) | 10.02M | 15.87M | 19.86M | 19.14M | 16.82M | 20.99M | 16.4M | 15.66M | 13.95M | 16.01M |
| EBIT | 24.84M | 1.5M | 23.02M | 38.13M | 46.58M | 63.13M | 66.49M | 79.19M | 90.22M | 77.45M |
| Net Interest Income | 514K | -1.16M | -3.04M | -2.65M | -5.22M | -2.91M | -1.57M | 2.6M | 5.07M | 3.7M |
| Interest Income | 784K | 525K | 181K | 382K | 380K | 887K | 0 | 2.94M | 5.47M | 3.7M |
| Interest Expense | 270K | 1.69M | 3.23M | 3.03M | 5.6M | 3.79M | 1.57M | 340K | 395K | 0 |
| Other Income/Expense | 533K | -3.01M | -3.99M | -2.77M | -3.81M | -202K | -941K | -1.75M | -1.55M | 3.7M |
| Pretax Income | 25.37M▲ 0% | -2.01M▼ 107.9% | 19.07M▲ 1049.5% | 35.1M▲ 84.1% | 41.2M▲ 17.4% | 57.29M▲ 39.1% | 65.55M▲ 14.4% | 77.12M▲ 17.6% | 89.83M▲ 16.5% | 81.15M▲ 0% |
| Pretax Margin % | 11.74% | -0.75% | 6.58% | 10.78% | 10.76% | 12.43% | 13.81% | 14.99% | 16.56% | 14.38% |
| Income Tax | 5.77M | -2.56M | 5.07M | 8.61M | 7.04M | 9.96M | 12.62M | 14.25M | 17.51M | 16.49M |
| Effective Tax Rate % | 22.75% | 127.69% | 26.57% | 24.53% | 17.09% | 17.39% | 19.25% | 18.48% | 19.49% | 20.32% |
| Net Income | 19.34M▲ 0% | 352K▼ 98.2% | 13.79M▲ 3816.2% | 26.25M▲ 90.4% | 33.77M▲ 28.7% | 47.17M▲ 39.7% | 52.59M▲ 11.5% | 62.44M▲ 18.7% | 72.18M▲ 15.6% | 64.33M▲ 0% |
| Net Margin % | 8.94% | 0.13% | 4.76% | 8.06% | 8.82% | 10.23% | 11.08% | 12.13% | 13.31% | 11.4% |
| Net Income Growth % | -3.4% | -98.18% | 3816.19% | 90.4% | 28.68% | 39.66% | 11.5% | 18.73% | 15.59% | -9.75% |
| Net Income (Continuing) | 19.6M | 556K | 14M | 26.49M | 34.16M | 47.32M | 52.93M | 62.87M | 72.32M | 64.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 796K | 831K | 1.44M | 1.68M | 2M | 2.17M | 2.44M | 2.68M | 0 | 13.72M |
| EPS (Diluted) | 0.39▲ 0% | 0.01▼ 98.2% | 0.28▲ 3900.0% | 0.52▲ 85.7% | 0.65▲ 25.0% | 0.85▲ 30.8% | 0.95▲ 11.8% | 1.12▲ 17.9% | 1.29▲ 15.2% | 1.14▲ 0% |
| EPS Growth % | -4.88% | -98.21% | - | 85.71% | 25% | 30.77% | 11.76% | 17.89% | 15.18% | -10.24% |
| EPS (Basic) | 0.40 | 0.01 | 0.28 | 0.52 | 0.66 | 0.86 | 0.95 | 1.13 | 1.29 | - |
| Diluted Shares Outstanding | 49.78M | 49.93M | 50.11M | 50.65M | 52.16M | 55.59M | 55.57M | 55.72M | 56.15M | 56.43M |
| Basic Shares Outstanding | 48.95M | 49.17M | 49.83M | 50.03M | 51.21M | 54.78M | 55.12M | 55.37M | 55.82M | 57.2M |
| Dividend Payout Ratio | 50.61% | 2798.58% | 72.38% | 41.94% | 20.86% | 42.94% | 73.35% | 45.07% | 44.09% | - |
SPNS Balance Sheet
Sapiens International Corporation N.V. (SPNS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 120.2M | 130.97M | 130.01M | 147.22M | 267.36M | 300.35M | 285.31M | 314.9M | 335.14M | 251.75M |
| Cash & Short-Term Investments | 79.13M | 71.47M | 64.63M | 66.3M | 182.56M | 210.24M | 180.28M | 202.12M | 216.19M | 82.2M |
| Cash Only | 60.91M | 71.47M | 64.63M | 66.3M | 152.56M | 190.24M | 160.28M | 126.72M | 163.69M | 82.2M |
| Short-Term Investments | 18.22M | 0 | 0 | 0 | 30M | 20M | 20M | 75.4M | 52.5M | 0 |
| Accounts Receivable | 34.68M | 53.23M | 59.16M | 50.22M | 65.41M | 76.26M | 93.38M | 90.27M | 99.6M | 138.19M |
| Days Sales Outstanding | 58.56 | 72.17 | 74.53 | 56.29 | 62.35 | 60.38 | 71.8 | 64.03 | 67.03 | 84.83 |
| Inventory | 0 | -6.28M | 0 | 0 | 0 | -13.84M | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 6.39M | 12.56M | 6.22M | 30.71M | 19.39M | 27.68M | 11.64M | 22.51M | 19.35M | 31.36M |
| Total Non-Current Assets | 137.65M | 240.32M | 248.85M | 305.2M | 446.8M | 414.65M | 383.04M | 374.72M | 356.57M | 491.94M |
| Property, Plant & Equipment | 9.81M | 10.7M | 8.52M | 66.14M | 71.36M | 58.12M | 45.71M | 36.22M | 31.4M | 31.47M |
| Fixed Asset Turnover | 22.04x | 25.17x | 34.02x | 4.92x | 5.37x | 7.93x | 10.39x | 14.21x | 17.27x | 17.66x |
| Goodwill | 73.6M | 158.56M | 166.09M | 170.7M | 264.28M | 261.14M | 252.23M | 256.31M | 251.53M | 0 |
| Intangible Assets | 28.35M | 65.17M | 65.25M | 57.99M | 99.31M | 82.14M | 67.43M | 61.04M | 50.94M | 430.9M |
| Long-Term Investments | 17.23M | 1.93M | 1.73M | 0 | 0 | 0 | 1.9M | 3.99M | 0 | 0 |
| Other Non-Current Assets | 6.4M | 1.35M | 4.29M | 7.56M | 9.98M | 10.12M | 6.35M | 6.11M | 9.63M | 91.68M |
| Total Assets | 257.85M▲ 0% | 371.29M▲ 44.0% | 378.87M▲ 2.0% | 452.42M▲ 19.4% | 714.16M▲ 57.9% | 714.99M▲ 0.1% | 668.34M▼ 6.5% | 689.62M▲ 3.2% | 691.71M▲ 0.3% | 743.69M▲ 0% |
| Asset Turnover | 0.84x | 0.73x | 0.76x | 0.72x | 0.54x | 0.64x | 0.71x | 0.75x | 0.78x | 0.78x |
| Asset Growth % | 6.43% | 44% | 2.04% | 19.41% | 57.85% | 0.12% | -6.52% | 3.18% | 0.3% | 24.36% |
| Total Current Liabilities | 47.75M | 69.83M | 81.1M | 104.91M | 144.78M | 151.69M | 145.96M | 149.12M | 149.58M | 166.02M |
| Accounts Payable | 6.56M | 7.04M | 6.15M | 5.11M | 5.39M | 5.01M | 9.41M | 6.29M | 8.41M | 13.22M |
| Days Payables Outstanding | 18.37 | 14.64 | 12.46 | 9.5 | 8.67 | 6.69 | 12.52 | 7.78 | 10.3 | 12.12 |
| Short-Term Debt | 0 | 0 | 9.9M | 9.9M | 19.8M | 19.8M | 28.86M | 19.8M | 19.8M | 19.81M |
| Deferred Revenue (Current) | 9.14M | 16.51M | 18.06M | 21.02M | 34.55M | 39.61M | 30.72M | 38.54M | 37.54M | 124.34M |
| Other Current Liabilities | 13.91M | 23.24M | 0 | 0 | 0 | 0 | 34.71M | 1.26M | 3.26M | 34.99M |
| Current Ratio | 2.52x | 1.88x | 1.60x | 1.40x | 1.85x | 1.98x | 1.95x | 2.11x | 2.24x | 2.24x |
| Quick Ratio | 2.52x | 1.97x | 1.60x | 1.40x | 1.85x | 2.07x | 1.95x | 2.11x | 2.24x | 2.24x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 72.71 |
| Total Non-Current Liabilities | 15.71M | 100.58M | 95.28M | 122.01M | 185.69M | 154.58M | 119.44M | 90.55M | 62.5M | 50.48M |
| Long-Term Debt | 0 | 78.28M | 68.58M | 58.85M | 98.68M | 78.99M | 59.27M | 39.54M | 19.79M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 43.39M | 48.77M | 38.75M | 28.43M | 21.08M | 17.72M | 69.45M |
| Deferred Tax Liabilities | 2.17M | 9.17M | 11.68M | 5.08M | 16.01M | 15.36M | 11.36M | 10.82M | 6.9M | 30.4M |
| Other Non-Current Liabilities | 13.54M | 15.12M | 15.02M | 14.69M | 12.13M | 12.14M | 20.38M | 19.11M | 18.09M | 90.88M |
| Total Liabilities | 63.46M | 170.42M | 176.38M | 226.92M | 330.47M | 306.27M | 265.4M | 239.68M | 212.08M | 216.5M |
| Total Debt | 14.8M | 78.28M | 78.47M | 120.45M | 177.17M | 148.36M | 116.57M | 87.05M | 63.75M | 43.53M |
| Net Debt | -46.1M | 6.81M | 13.85M | 54.16M | 24.61M | -41.88M | -43.72M | -39.67M | -99.94M | -38.66M |
| Debt / Equity | 0.08x | 0.39x | 0.39x | 0.53x | 0.46x | 0.36x | 0.29x | 0.19x | 0.13x | 0.13x |
| Debt / EBITDA | 0.42x | 4.64x | 1.83x | 2.11x | 2.87x | 1.89x | 1.41x | 0.92x | 0.61x | 0.47x |
| Net Debt / EBITDA | -1.32x | 0.40x | 0.32x | 0.95x | 0.40x | -0.53x | -0.53x | -0.42x | -0.95x | -0.95x |
| Interest Coverage | 92.00x | 0.59x | 7.14x | 12.50x | 8.03x | 15.15x | 42.27x | 231.96x | 231.34x | - |
| Total Equity | 195.19M▲ 0% | 201.71M▲ 3.3% | 202.48M▲ 0.4% | 225.5M▲ 11.4% | 383.69M▲ 70.2% | 408.72M▲ 6.5% | 402.94M▼ 1.4% | 449.95M▲ 11.7% | 479.63M▲ 6.6% | 527.19M▲ 0% |
| Equity Growth % | 6.85% | 3.34% | 0.39% | 11.37% | 70.15% | 6.52% | -1.41% | 11.67% | 6.6% | 36.8% |
| Book Value per Share | 3.92 | 4.04 | 4.04 | 4.45 | 7.36 | 7.35 | 7.25 | 8.07 | 8.54 | 9.34 |
| Total Shareholders' Equity | 194.39M | 200.87M | 202.48M | 223.82M | 381.69M | 406.55M | 400.5M | 447.27M | 479.63M | 513.47M |
| Common Stock | 681K | 689K | 695K | 697K | 751K | 756K | 756K | 762K | 762K | 513.47M |
| Retained Earnings | -13.28M | -12.93M | 2.67M | 17.91M | 44.64M | 71.56M | 85.58M | 119.88M | 160.23M | 0 |
| Treasury Stock | -9.42M | -9.42M | -9.42M | -9.42M | -9.42M | -9.42M | -9.42M | -9.42M | -9.42M | 0 |
| Accumulated OCI | -11.17M | 528K | -7.82M | -2.38M | 11.03M | 2.82M | -21.14M | -17.26M | -26.92M | 0 |
| Minority Interest | 796K | 831K | 1.44M | 1.68M | 2M | 2.17M | 2.44M | 2.68M | 0 | 13.72M |
SPNS Cash Flow Statement
Sapiens International Corporation N.V. (SPNS) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 26.04M | 8.74M | 27.7M | 66.16M | 58.26M | 80.54M | 43.78M | 79.42M | 82.22M | 82.22M |
| Operating CF Margin % | 12.04% | 3.25% | 9.56% | 20.31% | 15.21% | 17.47% | 9.22% | 15.43% | 15.16% | - |
| Operating CF Growth % | -35.61% | -66.42% | 216.82% | 138.83% | -11.94% | 38.26% | -45.64% | 81.42% | 3.53% | -50.64% |
| Net Income | 19.6M | 556K | 14M | 26.49M | 34.16M | 47.32M | 52.93M | 62.87M | 72.32M | 64.33M |
| Depreciation & Amortization | 10.02M | 15.87M | 19.86M | 19.14M | 23.38M | 28.67M | 22.24M | 21.44M | 20.07M | 22.47M |
| Stock-Based Compensation | 1.96M | 2.27M | 1.94M | 1.41M | 3.99M | 4.71M | 3.83M | 3.62M | 2.95M | 3.28M |
| Deferred Taxes | -265K | -204K | -194K | -40K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -251K | 713K | 194K | 171K | 529K | 1.49M | 111K | 259K | 63K | -8.96M |
| Working Capital Changes | -5.02M | -10.46M | -8.1M | 18.99M | -3.8M | -1.65M | -35.34M | -8.76M | -13.18M | -1.39M |
| Change in Receivables | -5.43M | -5.25M | -7.59M | 10.51M | -5.17M | -13.94M | -21.86M | 3.96M | -12.5M | -12.89M |
| Change in Inventory | -1.09M | 3.81M | 529K | 13.39M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.1M | -1.39M | -1.87M | -1.48M | -1.34M | -529K | 4.63M | -3.58M | 2.13M | 1.64M |
| Cash from Investing | -8.32M | -75.92M | -25.58M | -41.87M | -127.79M | 125K | -12.44M | -72.78M | 13.41M | -76.51M |
| Capital Expenditures | -10.21M | -8.19M | -7.07M | -17.14M | -2.63M | -3.79M | -2.76M | -2.57M | -2.88M | -2.44M |
| CapEx % of Revenue | 4.72% | 3.04% | 2.44% | 5.26% | 0.69% | 0.82% | 0.58% | 0.5% | 0.53% | - |
| Acquisitions | -4.38M | -103.1M | -18.51M | -1.55M | -109.05M | 831K | -3.47M | -8.06M | -375K | -106.68M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.39M | -5.57M | 0 | -17.23M | -8.6M | -6.95M | -6.24M | -6.65M | -6.93M | -135.75M |
| Cash from Financing | -11.23M | 70.14M | -9.43M | -20.65M | 156.51M | -39.96M | -58.38M | -43.34M | -56.28M | -97.44M |
| Debt Issued (Net) | -824K | 78.17M | -237K | -9.9M | 50.45M | -19.8M | -19.8M | -19.8M | -19.8M | -20.35M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -9.79M | -9.85M | -9.98M | -11.01M | -7.04M | -20.25M | -38.58M | -28.14M | -31.82M | -76.29M |
| Share Repurchases | 0 | 0 | 0 | -780K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -623K | 1.82M | 787K | 257K | 4.37M | 91K | 0 | 4.6M | -4.66M | -810.98K |
| Net Change in Cash | 6.56M▲ 0% | 10.56M▲ 61.0% | -6.84M▼ 164.8% | 1.67M▲ 124.4% | 86.27M▲ 5074.9% | 37.68M▼ 56.3% | -29.96M▼ 179.5% | -33.57M▼ 12.1% | 36.97M▲ 210.1% | -63.95M▲ 0% |
| Free Cash Flow | 15.83M▲ 0% | 554K▼ 96.5% | 20.63M▲ 3623.1% | 49.02M▲ 137.7% | 47.01M▼ 4.1% | 68.69M▲ 46.1% | 34.73M▼ 49.4% | 70.16M▲ 102.0% | 72.21M▲ 2.9% | 72.05M▲ 0% |
| FCF Margin % | 7.32% | 0.21% | 7.12% | 15.05% | 12.28% | 14.9% | 7.31% | 13.63% | 13.31% | 12.77% |
| FCF Growth % | -49.89% | -96.5% | 3623.1% | 137.65% | -4.09% | 46.11% | -49.45% | 102.03% | 2.93% | 1.58% |
| FCF per Share | 0.32 | 0.01 | 0.41 | 0.97 | 0.90 | 1.24 | 0.62 | 1.26 | 1.29 | 1.29 |
| FCF Conversion (FCF/Net Income) | 1.35x | 24.84x | 2.01x | 2.52x | 1.72x | 1.71x | 0.83x | 1.27x | 1.14x | 1.12x |
| Interest Paid | 48K | 713K | 2.07M | 2.48M | 5.44M | 3.5M | 1.47M | 752K | 1.04M | 0 |
| Taxes Paid | 1.2M | 2.71M | 2.85M | 6.4M | 16.33M | 9.05M | 12.85M | 29.89M | 25.61M | 0 |
SPNS Key Ratios
Sapiens International Corporation N.V. (SPNS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 10.23% | 0.18% | 6.82% | 12.27% | 11.09% | 11.91% | 12.96% | 14.64% | 15.53% | 12.2% |
| Return on Invested Capital (ROIC) | 12.83% | 0.42% | 8.13% | 11.45% | 9.81% | 11.12% | 13.74% | 15.37% | 17.35% | 17.35% |
| Gross Margin | 39.68% | 34.74% | 37.82% | 39.77% | 40.73% | 40.74% | 42.16% | 42.67% | 45.03% | 44.3% |
| Net Margin | 8.94% | 0.13% | 4.76% | 8.06% | 8.82% | 10.23% | 11.08% | 12.13% | 13.31% | 11.4% |
| Debt / Equity | 0.08x | 0.39x | 0.39x | 0.53x | 0.46x | 0.36x | 0.29x | 0.19x | 0.13x | 0.13x |
| Interest Coverage | 92.00x | 0.59x | 7.14x | 12.50x | 8.03x | 15.15x | 42.27x | 231.96x | 231.34x | - |
| FCF Conversion | 1.35x | 24.84x | 2.01x | 2.52x | 1.72x | 1.71x | 0.83x | 1.27x | 1.14x | 1.12x |
| Revenue Growth | 16.46% | 24.52% | 7.62% | 12.41% | 17.57% | 20.41% | 2.97% | 8.39% | 5.4% | 4.71% |
SPNS Frequently Asked Questions
Sapiens International Corporation N.V. (SPNS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
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.
Sapiens International Corporation N.V. (SPNS) grew revenue by 5.4% over the past year. This is steady growth.
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
Yes, Sapiens International Corporation N.V. (SPNS) pays a dividend with a yield of 1.30%. This makes it attractive for income-focused investors.
Sapiens International Corporation N.V. (SPNS) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.
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.
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Sapiens International Corporation N.V. (SPNS) financial analysis — history, returns, DCA and operating performance tools
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