Sapiens International Corporation N.V. (SPNS) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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SPNS Revenue Growth
Revenue Breakdown (FY 2023)
SPNS's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
By Geography
SPNS Revenue Analysis (2013–2024)
As of May 6, 2026, Sapiens International Corporation N.V. (SPNS) generated trailing twelve-month (TTM) revenue of $564.3 million, reflecting strong growth of +11.2% year-over-year. The most recent quarter (Q3 2025) recorded $152.3 million in revenue, up 7.6% sequentially.
Looking at the longer-term picture, SPNS's 5-year compound annual growth rate (CAGR) stands at +10.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $542.4 million in 2024, representing a new all-time high.
Revenue diversification analysis shows SPNS's business is primarily driven by Insurance Member (96%), and All Other Member (4%). With over half of revenue concentrated in Insurance Member, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including GWRE (+23.7% YoY), VRNT (-2.3% YoY), and NICE (+7.9% YoY), SPNS has underperformed the peer group in terms of revenue growth. Compare SPNS vs GWRE →
SPNS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SPNSCurrent | $564M | +11.2% | +10.7% | 16.8% | |
 GWRE | $1.2B | +23.7% | +10.1% | 3.4% | |
 VRNT | $909M | -2.3% | -7.0% | 11.7% | |
 NICE | $3.0B | +7.9% | +12.5% | 22.2% | |
 ACN | $69.7B | +7.3% | +9.5% | 14.7% | |
 IBM | $67.5B | +9.7% | +4.1% | 15.3% |
SPNS Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $542.4M | +5.4% | $244.2M | 45.0% | $91.4M | 16.8% |
| 2023 | $514.6M | +8.4% | $219.6M | 42.7% | $78.9M | 15.3% |
| 2022 | $474.7M | +3.0% | $200.2M | 42.2% | $66.5M | 14.0% |
| 2021 | $461.0M | +20.4% | $187.8M | 40.7% | $57.5M | 12.5% |
| 2020 | $382.9M | +17.6% | $156.0M | 40.7% | $45.0M | 11.8% |
| 2019 | $325.7M | +12.4% | $129.5M | 39.8% | $37.9M | 11.6% |
| 2018 | $289.7M | +7.6% | $109.6M | 37.8% | $23.0M | 7.9% |
| 2017 | $269.2M | +24.5% | $93.5M | 34.7% | $1.0M | 0.4% |
| 2016 | $216.2M | +16.5% | $85.8M | 39.7% | $24.8M | 11.5% |
| 2015 | $185.6M | +17.9% | $74.4M | 40.1% | $24.4M | 13.1% |
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Start ComparisonSPNS — Frequently Asked Questions
Quick answers to the most common questions about buying SPNS stock.
Is SPNS's revenue growth accelerating or slowing?
SPNS maintains +11.2% revenue growth, in line with its 5-year CAGR of +10.7%. TTM revenue stands at $564M. Growth rate remains consistent with historical average.
What is SPNS's long-term revenue growth rate?
Sapiens International Corporation N.V.'s 5-year revenue CAGR of +10.7% reflects the sustained expansion pattern. Current YoY growth of +11.2% is near this long-term average.
How is SPNS's revenue distributed by segment?
SPNS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.