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SPNS

Sapiens International Corporation N.V.

SPNS

Sapiens International Corporation N.V. • NASDAQ
$43.27 ▲ 0.28% (+0.12)
Market Cap $2.42 B
52w High $43.28
52w Low $23.69
Dividend Yield 0.60%
P/E 37.63
Volume 72.64K
Outstanding Shares 55.90M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $152.319M ▲ $49.549M ▲ $14.3M ▲ 9.388% ▼ $0.26 ▲ $19.689M ▼
Q2-2025 $141.602M ▲ $45.094M ▲ $14.232M ▼ 10.051% ▼ $0.25 ▼ $22.902M ▼
Q1-2025 $136.105M ▲ $39.464M ▲ $17.936M ▲ 13.178% ▼ $0.32 $26.063M ▲
Q4-2024 $134.305M ▼ $38.449M ▼ $17.867M ▼ 13.303% ▼ $0.32 ▼ $24.805M ▲
Q3-2024 $137.025M $38.55M $18.335M 13.381% $0.33 $22.239M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $82.2M ▲ $743.69M ▲ $216.498M ▼ $513.468M ▲
Q2-2025 $74.541M ▼ $739.644M ▲ $227.525M ▼ $498.31M ▲
Q1-2025 $205.864M ▼ $713.98M ▲ $239.643M ▲ $460.591M ▼
Q4-2024 $216.19M ▲ $691.711M ▲ $212.082M ▲ $479.629M ▲
Q3-2024 $185.952M $683.296M $211.987M $471.309M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $14.3M ▼ $10.643M ▲ $7.339M ▲ $0 ▲ $17.659M ▲ $10.178M ▲
Q2-2025 $14.386M ▼ $1.873M ▼ $-40.172M ▼ $-37.492M ▼ $-78.823M ▼ $-946K ▼
Q1-2025 $18.034M ▲ $25.353M ▼ $-28.729M ▼ $-19.796M ▼ $-20.326M ▼ $23.043M ▼
Q4-2024 $17.867M ▼ $42.109M ▲ $-14.946M ▼ $-2.664M ▲ $17.538M ▼ $39.777M ▲
Q3-2024 $18.335M $13.083M $21.265M $-14.154M $23.506M $10.089M

Five-Year Company Overview

Income Statement

Income Statement Revenue and profits have been climbing steadily over the past several years, with both sales and earnings moving in the right direction. Profitability has improved as the business scales, suggesting decent cost control and operating leverage. Margins look healthy for an enterprise software provider and seem to be gradually widening rather than shrinking. Overall, the income statement reflects a mature, growing software company rather than a volatile, boom‑or‑bust story.

Balance Sheet

Balance Sheet The balance sheet looks relatively conservative and stable. Cash holdings are solid for a company of this size, while debt has been trending down over time, reducing financial risk. Shareholders’ equity has been building, which indicates that retained profits are strengthening the company’s financial base. Overall, the balance sheet suggests a business that is not over‑leveraged and has room to absorb shocks or fund growth without aggressive borrowing.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow consistently covers the company’s needs, and free cash flow has been positive and generally improving. Capital spending is modest, which is typical for a software company and reinforces the asset‑light nature of the model. This pattern points to a business that converts a good portion of its accounting profits into real cash, giving management flexibility for acquisitions, product investment, or potential returns to shareholders.

Competitive Edge

Competitive Edge Sapiens operates in a focused niche: software for the insurance industry. Its edge comes from a unified platform that supports multiple types of insurance and integrates core systems, data, and digital interfaces in one place. Deep domain expertise, a large and global customer base, and a broad, end‑to‑end product suite make it harder for new entrants or generalist software vendors to displace them. The main competitive risk is ongoing pressure from other insurtech and large enterprise software players, which makes continuous innovation and execution critical.

Innovation and R&D

Innovation and R&D Innovation is a central part of the strategy. The company is embedding AI and machine learning across its products, pushing cloud‑native solutions, and using low‑code and no‑code tools to speed up customer deployments. Its decision automation tools and data analytics platform are designed to reduce manual work and improve insurers’ decision‑making. Partnerships, particularly around cloud and AI, plus targeted acquisitions, are being used to extend capabilities further. The upside is a strong technology story; the risk is that the company must keep pace with rapid AI and cloud advances and successfully integrate acquired technologies.

Summary

Sapiens shows the profile of a steadily growing, profitable, and cash‑generative software provider with a clear focus on the insurance sector. Financials indicate improving margins, a sound balance sheet, and strong free cash flow, all of which support continued investment in products and selective deals. Strategically, its unified insurance platform, deep industry specialization, and AI‑driven roadmap create a meaningful competitive position, but also require ongoing execution and innovation to stay ahead of competitors. Overall, this looks like a relatively disciplined, niche technology company with both structural strengths and the usual execution and market risks associated with fast‑moving insurtech and AI trends.

NEWS

November 13, 2025 · 5:35 AM UTC

Sapiens Reports Third Quarter 2025 Financial Results

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November 6, 2025 · 7:40 AM UTC

SAPIENS TO ANNOUNCE THIRD QUARTER 2025 FINANCIAL RESULTS ON NOVEMBER 13, 2025

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October 30, 2025 · 6:21 AM UTC

Sapiens Customer Summit Highlighted Transformative Insurance Technology in Phoenix, Arizona

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October 28, 2025 · 6:30 AM UTC

Sapiens Launches Decision Analytics, Bringing Real-Time Visibility and Optimization to AI Decisioning

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October 9, 2025 · 6:25 AM UTC

Sapiens' AdvantageGo Unveils Underwriting Workbench 3.0 to Redefine Underwriting as an Intelligent Business Platform

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