Core Viewpoint - Onestream (OS) shares have increased by 28.3% in the past four weeks, closing at $22.74, with a potential upside of 25.9% based on Wall Street analysts' mean price target of $28.63 [1] Price Targets and Analyst Estimates - The mean estimate consists of 19 short-term price targets with a standard deviation of $3.98, indicating variability among analysts; the lowest estimate is $22.00 (3.3% decline), while the highest is $38.00 (67.1% increase) [2] - Analysts' price targets can often mislead investors, as empirical research shows they rarely indicate actual stock price movements [7] - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price direction, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Sentiment - Analysts have shown increasing optimism about OS's earnings prospects, with a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, two earnings estimates for the current year have been revised upward, leading to a 12.2% increase in the Zacks Consensus Estimate [12] - OS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13] Conclusion on Price Movement - While consensus price targets may not reliably indicate the extent of potential gains for OS, the implied direction of price movement appears to be a useful guide [14]

Core Insights - OneStream, Inc. (NASDAQ:OS) experienced a significant share price increase of 20.38% week-on-week, driven by strong earnings and positive analyst coverage [1][4]. Financial Performance - The company reported a substantial reduction in its attributable net loss for Q3, decreasing by 95% to $8.85 million from $171.94 million year-on-year [2]. - Revenues for the third quarter rose by 19% to $154 million, up from $129 million in the same period last year, with international business contributing 34% of total revenue, particularly from strong legacy replacement momentum in Europe [2]. - OneStream raised its full-year revenue growth outlook to a range of $594 million to $596 million, an increase from the previous expectation of $586 million to $590 million [3]. Earnings Projections - The expected net income per share (EPS) for the upcoming period is projected to be between $0.15 and $0.19, surpassing the earlier forecast of $0.07 to $0.15 [4]. - For Q4, OneStream targets revenues between $156 million and $158 million, with an EPS forecast of $0.04 to $0.07 [4]. Analyst Recommendations - The company received a "buy" recommendation from Needham & Company, with a price target of $38, indicating a potential upside of 67% from its latest closing price [5].

Core Insights - BioAtla, Inc. presented clinical data showing that Mecbotamab Vedotin (Mec-V) achieved a median overall survival (OS) of 21.5 months in patients with treatment-refractory leiomyosarcoma, liposarcoma, and undifferentiated pleomorphic sarcoma, compared to approximately 12 months with approved agents [1][4][7] - The safety profile of Mec-V, both as a monotherapy and in combination with anti-PD-1 antibody, was manageable and consistent with its mechanism of selectively targeting the tumor microenvironment [1][2][4] Clinical Trial Details - In a Phase 2 clinical trial, 79 patients with advanced soft tissue sarcomas were treated with Mec-V, either as monotherapy (n=54) or in combination with anti-PD-1 antibody (n=25) [3] - A focused efficacy analysis was conducted on a subset of 44 patients who had treatment-refractory leiomyosarcoma, liposarcoma, or undifferentiated pleomorphic sarcoma [3] Efficacy and Safety Data - The median OS was 21.5 months across all patients, with 22.9 months in the combination arm and 18.4 months in the monotherapy arm [7] - The 12-month OS rate was 73%, significantly higher than the approximately 50% historically reported for approved agents in similar populations [7] - The disease control rate (DCR) was 52% across all patients, with two patients achieving partial responses [7] - Adverse events were generally low-grade and manageable, with no treatment-related deaths reported [7] Presentation Information - The data was presented at the Society for Immunotherapy of Cancer (SITC) 2025 Annual Meeting, highlighting the potential of Mec-V to extend survival in patients with limited treatment options [1][6]

Core Insights - Onestream reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, compared to a loss of $1.06 per share a year ago, representing an earnings surprise of +300.00% [1] - The company achieved revenues of $154.3 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.26% and showing an increase from $129.14 million year-over-year [2] - Onestream has consistently surpassed consensus EPS estimates over the last four quarters [2] Financial Performance - The earnings surprise of +400% was noted in the previous quarter when the company reported earnings of $0.05 against an expectation of $0.01 [1] - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $155.66 million, and for the current fiscal year, it is $0.12 on revenues of $587.72 million [7] Market Position - Onestream shares have underperformed the market, losing about 29.5% since the beginning of the year, while the S&P 500 has gained 15.6% [3] - The Zacks Industry Rank places the Internet - Software sector in the top 35% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] Future Outlook - The sustainability of Onestream's stock price movement will depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current Zacks Rank for Onestream is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]

Core Insights - Onestream (OS) reported a revenue of $154.3 million for the quarter ended September 2025, marking a year-over-year increase of 19.5% and exceeding the Zacks Consensus Estimate by 4.26% [1] - The earnings per share (EPS) for the same period was $0.08, a significant improvement from -$1.06 a year ago, resulting in an EPS surprise of 300% compared to the consensus estimate of $0.02 [1] Financial Performance Metrics - The company had 1,739 customers, slightly below the estimated 1,743 by analysts [4] - Revenue from professional services and other was reported at $9.2 million, surpassing the estimated $5.36 million [4] - Subscription revenue reached $140.93 million, exceeding the average estimate of $138.41 million [4] - License revenue was $4.17 million, above the estimated $3.62 million [4] - Gross profit from software was $108.23 million, closely aligning with the average estimate of $108.1 million [4] - Gross profit from professional services and other was reported at -$3.18 million, slightly worse than the average estimate of -$2.73 million [4] Stock Performance - Onestream's shares have returned +8.7% over the past month, outperforming the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Data and Key Metrics Changes - Subscription revenue increased by 27% year-over-year to $141 million, while total revenue grew by 19% year-over-year to $154 million [19] - License revenue declined by 64% year-over-year to $4 million due to contract rationalization and successful SaaS conversions [19] - Professional services and other revenue rose by 38% year-over-year to $9 million, driven by demand for consulting services [19] - Free cash flow for Q3 was $5 million, exceeding expectations, and total equity-based compensation expense was $25 million [22][23] Business Line Data and Key Metrics Changes - International revenue grew by 37% year-over-year, representing 34% of total revenue, with strong legacy replacement momentum in Europe [4][20] - Billings increased by 20% year-over-year to $178 million, with trailing 12-month billings growing by 21% [20][22] - AI bookings were up 60% year-over-year, indicating strong demand for AI solutions [22] Market Data and Key Metrics Changes - The company saw exceptional new business growth in the AMEA region, while the U.S. experienced strong add-on business, partially offsetting federal new business weakness [21] - The federal business renewed all but one agency customer, with optimism about future opportunities in the federal sector [5][28] Company Strategy and Development Direction - The company is focused on leading the finance AI era, emphasizing the importance of modernizing financial systems and leveraging AI for improved business performance [8][18] - OneStream aims to provide purpose-built applied AI solutions, enhancing the role of CFOs as strategic partners [8][9] - The introduction of Sensible AI Studio and Sensible AI agents is expected to drive significant value for customers by automating tasks and providing insights [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver unparalleled value for customers, partners, and shareholders, supported by a strong product portfolio and pipeline [18][24] - The company raised its 2025 growth and profitability outlook, expecting total revenue for Q4 to be between $156 million and $158 million [24] Other Important Information - The company was recognized as a leader in the 2025 Record to Report Buyers Guide by ISG Research, achieving high scores in customer and product experience [5] - The company plans to embed Sensible AI agents throughout workflows to assist with data interrogation and reporting [12] Q&A Session Summary Question: Insights on federal dynamics and renewals - Management noted that only one federal contract was lost due to agency discontinuation, and they remain optimistic about future federal opportunities [26][28] Question: AI deployment trends among customers - Management confirmed strong interest in AI, particularly in Sensible AI Forecast and other AI applications, indicating a growing embrace of AI in finance [29][30] Question: Confidence in 2026 growth targets - Management highlighted strong performance in AMEA and the U.S. commercial business, contributing to optimism for 2026 [32][33] Question: Risks around government shutdown - Management acknowledged challenges due to the government shutdown but expressed confidence in their FedRAMP High certification and ability to serve government agencies [63][64]

Earnings Q3 2025 November 2025 Disclaimer This presentation is made by OneStream, Inc. (the "Company," "we," "our" or "we") and contains forward -looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this presentation may be forward -looki ng statements. In some cases, you can identify forward - looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," ...

Revenue Performance - Software revenue represented 94% of total revenue for the three months ended September 30, 2025, and 95% for the same period in 2024[131]. - Total revenue for the three months ended September 30, 2025, was $154.3 million, an increase of $25.2 million, or 19%, compared to $129.1 million for the same period in 2024[169]. - Subscription revenue reached $140.9 million, accounting for 91% of total revenue, representing a 27% increase from $110.7 million, or 86% of total revenue, in the prior year[170]. - License revenue decreased by 64% to $4.2 million, or 3% of total revenue, down from $11.7 million, or 9% of total revenue, in the same quarter of 2024[171]. - Professional services and other revenue increased by 38% to $9.2 million, or 6% of total revenue, compared to $6.7 million, or 5% of total revenue, in the prior year[172]. - Total revenue for the nine months ended September 30, 2025 was $438.2 million, an increase of $81.3 million, or 23%, compared to $356.9 million for the same period in 2024[188]. - Subscription revenue for the nine months ended September 30, 2025 was $399.7 million, representing a 29% increase from $309.5 million in the same period of 2024[189]. Customer Growth - The company had 1,739 customers as of September 30, 2025, reflecting a year-over-year growth of 13% from 1,534 customers in 2024[142]. - Revenue from customers outside the United States accounted for 34% of total revenue for the three months ended September 30, 2025, compared to 29% in 2024[134]. - The majority of new customers have been on SaaS contracts, which have accounted for more than 90% of new customer contracts since 2023[132]. Financial Metrics - Gross profit for the three months ended September 30, 2025, was $105.1 million, compared to $64.7 million in the same period of 2024[165]. - Gross margin improved to 68% for the three months ended September 30, 2025, compared to 50% for the same period in 2024[167]. - Operating expenses totaled $122.5 million for the three months ended September 30, 2025, compared to $319.9 million in the same period of 2024[165]. - The net loss attributable to OneStream, Inc. for the three months ended September 30, 2025, was $8.9 million, compared to a net loss of $171.9 million in the same period of 2024[165]. - Non-GAAP operating loss for the nine months ended September 30, 2025, was $89.6 million, an improvement from a loss of $272.1 million for the same period in 2024[209]. - Free cash flow for the nine months ended September 30, 2025, was $70.0 million, compared to $33.8 million for the same period in 2024[210]. Cost Management - Total cost of revenue decreased by 24% to $49.3 million for the three months ended September 30, 2025, down from $64.4 million in the same period of 2024[173]. - Sales and marketing expenses decreased by 61% to $63.5 million for the three months ended September 30, 2025, down from $162.7 million in the same period of 2024[179]. - Research and development expenses were $30.6 million for the three months ended September 30, 2025, a decrease of 63% from $83.0 million in the same period of 2024[180]. - General and administrative expenses decreased by $22.9 million, or 21%, to $87.6 million for the nine months ended September 30, 2025, compared to $110.5 million for the same period in 2024[201]. Future Outlook - The company plans to continue investing in research and development to enhance platform features and capabilities, including AI-enabled solutions[148]. - The company plans to increase investments in sales and marketing, as well as research and development, to support future growth[161][162]. - The company is focused on expanding its international business and plans to invest in personnel and marketing to support this growth[147]. Cash and Liquidity - As of September 30, 2025, the company had cash and cash equivalents of $653.9 million and an undrawn credit facility of $150.0 million[211]. - Net cash provided by operating activities for the nine months ended September 30, 2025, was $70.9 million, resulting from a net loss of $69.0 million offset by noncash charges[223]. - Total contractual obligations as of September 30, 2025, amounted to $42.15 million, with operating lease obligations of $20.69 million and purchase obligations of $21.46 million[230]. Market and Economic Conditions - The company has not entered into any foreign currency hedging contracts, as exchange rate fluctuations have not materially impacted operating results[240]. - The company expects to continue growing its foreign operations and customer sales, which may increase risks associated with currency fluctuations[240]. - Inflation has not had a material effect on the company's business; however, significant inflationary pressures could harm financial condition and results of operations[242].

Exhibit 99.1 OneStream Announces Third Quarter 2025 Financial Results BIRMINGHAM, Mich., OneStream, Inc. (Nasdaq: OS), the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions -- including financial close, consolidation, reporting, planning and forecasting -- today announced financial results for its third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights "The team delivered another strong quarter, exc ...

Core Viewpoint - Financial software maker OneStream is considering strategic options, including a potential sale, shortly after its stock market debut [1] Company Summary - OneStream has been in the market for less than 18 months since its initial public offering [1]