OS

MKT CAP:$6B

OneStream, Inc. Class A Common Stock

Market Cap

$6B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Technology·Software App·🇺🇸·NASDAQ

Stock Price

$24.00+$6.28 (+35.44%)

Apr 1, 2026

Company Details

OneStream, Inc. delivers a unified, AI-enabled, and extensible software platform in the United States and internationally. The company's Digital Finance Cloud platform provides solutions that include financial close and consolidation that s...

CEO

Thomas Shea

IPO Date

Jul 11, 2005

Website

www.onestream.com

Key Metrics TTM

Revenue

$583M

+38.5% YoY

Net Income

-$204M

EPS (Diluted)

-$1.25

Free Cash Flow

$68M

Revenue / Share

$3.16

Gross Margin

64.6%

Operating Margin

-54.5%

Net Margin

-34.9%

FCF Margin

11.6%

P/S

10.1x

P/E

—

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Feb 26, 2026

$602MEPS -$0.28

Q4 2025

Feb 26, 2026

$164MEPS $0.01

Q3 2025

Nov 6, 2025

$154M+19.5%EPS -$0.05

Q1 2025

May 8, 2025

$136M+23.6%EPS -$0.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$73M	$50M	-$13M
Q4 22	$77M	$54M	-$8M
Q1 23	$79M	$53M	-$21M
Q2 23	$87M	$58M	-$16M
Q3 23	$107M	$77M	$7M
Q1 24	$110M	$76M	-$5M
Q2 24	$118M	$81M	-$12M
Q3 24	$129M	$65M	-$255M
Q1 25	$136M	$93M	-$40M
Q3 25	$154M	$105M	-$17M
Q4 25	$164M	$114M	-$5M

Valuation

Quarter	P/S	P/E
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	19.8x	—
Q3 23	17.9x	—
Q1 24	16.4x	—
Q2 24	14.9x	—
Q3 24	17.0x	—
Q1 25	10.1x	—
Q3 25	8.8x	—
Q4 25	8.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$2M	-$2M
Q2 23	$798.0K	-$226.0K
Q3 23	-$4M	-$5M
Q1 24	$26M	$25M
Q2 24	$8M	$8M
Q3 24	$2M	$1M
Q1 25	$36M	$36M
Q3 25	$5M	$5M
Q4 25	$26M	$26M

Capital Expenditures

Quarter	CapEx
Q1 23	$420.0K
Q2 23	$1M
Q3 23	$923.0K
Q1 24	$690.0K
Q2 24	$410.0K
Q3 24	$1M
Q1 25	$380.0K
Q3 25	$178.0K
Q4 25	$118.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 23	+47.3%	+17.2%
Q1 24	+42.4%	+35.3%
Q2 24	+49.1%	+28.7%
Q3 24	+49.3%	+274.0%
Q1 25	+27.4%	+76.2%
Q3 25	+39.9%	+48.5%
Q4 25	+39.3%	+30.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$3M	3.5%
Q2 23	$3M	3.4%
Q3 23	$1M	1.3%
Q1 24	$1M	1.0%
Q2 24	$3M	2.3%
Q3 24	$260M	201.3%
Q1 25	$38M	27.8%
Q3 25	$25M	16.3%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q3 22	$12M	—	—	$51M
Q4 22	$12M	—	—	$50M
Q1 23	$13M	$15M	$47M	—
Q2 23	$13M	$14M	$47M	—
Q3 23	$14M	$14M	$42M	—
Q1 24	$17M	$16M	$48M	—
Q2 24	$20M	$20M	$52M	—
Q3 24	$83M	$74M	$163M	—
Q1 25	$35M	$30M	$68M	—
Q3 25	$31M	$28M	$64M	—
Q4 25	$31M	$26M	$63M	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q3 22	—	-19.5%	—
Q4 22	—	-8.6%	—
Q1 23	—	-26.3%	—
Q2 23	—	-17.9%	—
Q3 23	47.3%	7.3%	54.5
Q1 24	42.4%	-4.3%	38.1
Q2 24	49.1%	-9.1%	40.0
Q3 24	49.3%	-196.8%	-147.5
Q1 25	27.4%	-28.5%	-1.1
Q3 25	39.9%	-6.8%	33.1
Q4 25	39.3%	1.9%	41.3

Rule of 40

Revenue Segments

Quarter	License	Professional Services And Other	Subscription and Circulation
Q3 24	$12M	$7M	$111M
Q1 25	$4M	$8M	$125M
Q3 25	$4M	$9M	$141M
Q4 25	$4M	$9M	$150M

Revenue by Geography

Quarter	Non-US	United States
Q3 24	$38M	$91M
Q1 25	$48M	$89M
Q3 25	$52M	$102M
Q4 25	$57M	$107M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$117M	$0	$117M
Q1 24	$141M	$0	$141M
Q2 24	$141M	$0	$141M
Q3 24	$495M	$0	$495M
Q4 24	$544M	$0	$544M
Q1 25	$594M	$0	$594M
Q2 25	$652M	$0	$652M
Q3 25	$654M	$0	$654M
Q4 25	$694M	$0	$694M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	231M	—	—
Q4 22	231M	0.0%	—
Q1 23	231M	0.0%	—
Q2 23	231M	0.0%	—
Q3 23	231M	0.0%	0.0%
Q1 24	196M	-15.3%	-15.3%
Q2 24	234M	+19.9%	+1.6%
Q3 24	160M	-31.6%	-30.5%
Q1 25	175M	+9.0%	-24.3%
Q3 25	187M	+6.8%	-4.5%
Q4 25	184M	-1.2%	-21.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q1 25	$90.9K	2K
Q3 25	$102.9K	2K
Q4 25	$100.9K	2K

Revenue / Employee