Core Insights - OneStream, Inc. reported strong first quarter results for 2025, highlighting healthy demand and effective execution of strategic priorities, emphasizing the importance of efficiency and agility in financial operations [3][5] - The company achieved significant revenue growth, with total revenue reaching $136.3 million, a 24% increase year-over-year, and subscription revenue increasing by 31% to $125.1 million [5][6] Financial Performance - GAAP operating loss for the first quarter was $39.9 million, compared to a loss of $5.4 million in the same period of 2024, resulting in a GAAP operating margin of (29%) [5][6] - Non-GAAP operating loss was $0.5 million, an improvement from a loss of $4.3 million in the first quarter of 2024, with a non-GAAP operating margin of 0% [5][6] - GAAP net loss per share was ($0.14), while non-GAAP net income per share was $0.04 [5][6] Cash Flow and Liquidity - Net cash provided by operating activities was $36.2 million, up from $25.5 million in the first quarter of 2024 [5][6] - Free cash flow increased to $35.8 million compared to $24.9 million in the same period last year [5][6] Recent Developments - OneStream achieved FedRAMP High authorization, meeting stringent federal safety standards for handling sensitive data [6] - The company launched a new ESG Reporting & Planning solution, allowing customers to manage ESG requirements alongside financial performance [6] - OneStream was recognized as a leader in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions for the third consecutive time [6] Financial Outlook - For Q2 2025, OneStream expects total revenue between $140 million and $142 million, with a fiscal year 2025 revenue guidance of $583 million to $587 million [7] - Non-GAAP operating margin guidance for Q2 is projected between (2%) and 0%, with non-GAAP net income per share expected to be between $0.00 and $0.02 [7]
OneStream Announces First Quarter 2025 Financial Results