Onestream, Inc. Class A ( (OS) ) has released its Q4 earnings. Here is a breakdown of the information Onestream, Inc. Class A presented to its investors.
OneStream, Inc. is a leading enterprise finance management platform that unifies core finance and operational functions, serving as a modern finance operating system. The company recently announced its financial results for the fourth quarter and fiscal year 2024, showcasing significant growth in subscription revenue. OneStream reported a 29% increase in total revenue for the fourth quarter, reaching $132.5 million, with subscription revenue climbing 35% year-over-year. Despite a GAAP operating loss of $47.4 million, the company achieved a non-GAAP operating income of $8.7 million, reflecting a healthier financial standing. For the fiscal year 2024, OneStream’s total revenue grew by 31% to $489.4 million, while subscription revenue saw a 41% increase. The company’s strategic developments included launching AI-powered solutions and deepening integration with Microsoft. Looking forward, OneStream aims to continue its growth trajectory by expanding its product offerings and strengthening strategic partnerships.