Onestream Inc. Reports Strong First Quarter 2025 Financial Results

BIRMINGHAM, Mich., May 8, 2025 /PRNewswire/ – OneStream, Inc. (Nasdaq: OS), a leading provider of enterprise finance management platforms, announced its financial results for the first quarter ended March 31, 2025. The company, known for its AI-enabled software solutions that unify core financial and operational data, reported a significant increase in revenue, demonstrating robust growth in its subscription business.

Financial Highlights

  • Total Revenue: $136.3 million, marking a 24% increase year-over-year.
  • Subscription Revenue: $125.1 million, up 31% year-over-year.

Despite the revenue growth, the company experienced a GAAP operating loss of $39.9 million, compared to $5.4 million in the first quarter of 2024. This resulted in a GAAP operating margin of (29%), a significant increase from (5%) in the previous year. The increase in operating loss was primarily due to equity-based compensation expenses, which amounted to $37.9 million, compared to $1.1 million in the same period last year.

On a non-GAAP basis, OneStream reported a much narrower operating loss of $0.5 million, compared to $4.3 million in the first quarter of 2024. The non-GAAP operating margin improved to 0% from (4%) in the previous year.

Earnings Per Share

  • GAAP Net Loss Per Share - Basic: ($0.14)
  • Non-GAAP Net Income Per Share: $0.04

The non-GAAP earnings per share of $0.04 exceeded expectations, as reported by Seeking Alpha, with a beat of $0.07. Additionally, the company’s revenue of $136.3 million surpassed forecasts by $5.14 million.

Market Performance

Despite the positive financial results, OneStream’s stock performance lagged in pre-market trading on May 7, 2025, as reported by Barrons.com. While S&P 500 futures rose, OneStream was among the laggards, alongside Sarepta Therapeutics.

Market Position and Outlook

With a market capitalization of $1.75 billion and a close price of $3.19 on May 5, 2025, OneStream continues to serve customers worldwide with its innovative software solutions. The company’s focus on maintaining the integrity of corporate reporting standards while providing operationally significant insights positions it as a key player in the Information Technology sector.

As OneStream navigates the challenges of equity-based compensation and operational expenses, its strong revenue growth and improved non-GAAP margins suggest a positive trajectory for future performance.