Revenue Growth and Cash Flow
OneStream reported a 29% year-over-year revenue growth for Q4 and 31% for the full year 2024. The company generated $59 million in free cash flow and achieved non-GAAP operating profitability.
Strong Subscription Revenue and Gross Retention
Subscription revenue grew by 41% year-over-year, and OneStream reported a 98% gross retention rate, indicating strong customer satisfaction and platform stickiness.
Innovation and Product Expansion
OneStream introduced 15 new innovations, including Finance AI solutions, and launched CPM Express for faster implementations. The company also achieved FedRAMP High authorization, allowing expansion into federal government sectors.
Successful IPO and Industry Recognition
OneStream completed a successful IPO and was recognized as a leader in Gartner’s Magic Quadrant and IDC’s assessments, reinforcing its market position.