OneStream IPO
Tradingprice, listing and company profile
IPO price$20.00Price range: $17.00 – $19.00
Deal size$490M24,500,000 shares
Valuation$5.1BIPO valuation
- IPO filing
- Roadshow
- Pricing
- First trade
- Quiet period
- Lockup
Performance since IPO
Confirmed share price history
No published trading history yet
IPO recap
Confirmed offering terms
OneStream filed IPO documents on Jul 15, 2024. Confirmed offering terms are shown below.
FiledJul 15
PricingJul 23
First tradeJul 24
Lockup ends—
The short version
OneStream has traded publicly since 2024-07-24. This profile covers the final price, share count, proceeds, business model, operating context and key risks.
Key takeaway 1
OneStream priced 24.5 million shares at $20 and began Nasdaq trading on 24 July 2024.
Key takeaway 2
The platform combines close, consolidation, planning and reporting for finance teams.
Key takeaway 3
The offering mixed new shares with selling-stockholder liquidity.
Company in detail
What happened at the IPO
OneStream priced its initial public offering at $20.00 per share and began trading on 2024-07-24 on the Nasdaq under OS. The final price, base share count and gross size are the confirmed transaction terms; they are separate from later market performance.
The deal included 24,500,000 base shares and an over-allotment option for 3,675,000 additional shares. The deal included primary shares sold by OneStream and a large selling-stockholder component; investors received Class A shares.
Company and products
OneStream is Cloud platform for corporate performance management and financial planning. Its core offering includes Financial close, consolidation, planning, reporting and operational analytics tools.
OneStream sells to finance teams that want one system for planning, close and performance data. The company’s route to scale therefore depends on both product demand and the operating discipline needed to serve that demand.
Capital, ownership and use of proceeds
The registration materials described the capital structure and the distinction between new shares and shares sold by existing holders. Working capital, product investment, debt repayment and general corporate purposes.
The headline gross offering value is not the same as cash retained by the issuer. Underwriting discounts, offering expenses, selling-stockholder proceeds and any concurrent securities must be read separately in the final prospectus.
Financial and operating lens
FY2023 revenue: $368.6M. Annual revenue disclosed in the final prospectus for the year ended 31 December 2023.
The public-market analysis should connect this operating measure to revenue quality, cash conversion, customer or user retention and the cost of expanding the platform. IPO proceeds can extend the runway, but they do not remove execution risk.
Why this IPO matters
OneStream was a software IPO with a clear recurring-revenue narrative and a dual-class control structure tied to its private-equity sponsor.
The main questions after the first trade are whether the company can deliver on its stated growth plan, preserve service quality and turn the IPO story into durable public-company results.
- Recurring revenue, customer expansion and sponsor control are central to the listing story.
Operating metrics
FY2023 revenue
$368.6MAnnual revenue disclosed in the final prospectus for the year ended 31 December 2023.
Dec 31, 2023Company profile
- Founded
- 2010
- Legal name
- OneStream, Inc.
- Listing
- Nasdaq · OS
- Headquarters
- Birmingham, Michigan, United States
- Business
- Cloud platform for corporate performance management and financial planning.
- Products
- Financial close, consolidation, planning, reporting and operational analytics tools.
- IPO structure
- The deal included primary shares sold by OneStream and a large selling-stockholder component; investors received Class A shares.
- Use of proceeds
- Working capital, product investment, debt repayment and general corporate purposes.
- First trade
- 2024-07-24
- Employees
- No published figure
Timeline
- Public registration filed
OneStream moved from private preparation into a public registration process. Filing terms were preliminary and subject to later pricing.
- IPO priced
OneStream announced a final price of $20.00 per share for the base offering.
- First trading day
The shares began trading on Nasdaq under OS.
- Closing confirmed
The issuer confirmed completion of the offering and the final capital-market structure.
FY2023 revenue
$368.6MAnnual revenue disclosed in the final prospectus for the year ended 31 December 2023.
Base shares offered
24,500,000Base deal size at the final price; the over-allotment option is shown separately.
Final IPO price
$20.00per shareFinal public offering price announced on 2024-07-23; this is the offer price, not a current market quote.
Employees
—No published figure
Net income
—No published figure
Operating cash flow
—No published figure
Revenue
Reported financial periods · USD
$368.6MFY2023
FY2023
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Financial figures by period
| Period | Revenue | As of |
|---|---|---|
| FY2023 | $368,600,000.00 | Jul 23, 2024 |
Valuation & peers
Price-to-sales, revenue growth and gross margin
Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
| Company | P/S | Growth | GM |
|---|---|---|---|
| OneStream | — | — | — |
| No published peer comparison | |||
Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.
Private valuation and funding details
Final IPO price
$20.00 per shareFinal public offering price announced on 2024-07-23; this is the offer price, not a current market quote.
Base shares offered
24,500,000Base deal size at the final price; the over-allotment option is shown separately.
Gross base offering
$490.0MGross base offering value calculated from the disclosed base share count and IPO price; it is not net proceeds.
IpoHub score
How we score—Not rated
Balance sheet—
Growth—
Community—
Profitability—
Valuation—
Individual category scores are not available.
Where the money goes
$490MIPO raise
Use of proceeds—
Allocation percentages—
Net proceeds—
See the reported use of IPO proceeds below.
Reported use of proceeds
- use
- Working capital, product investment, debt repayment and general corporate purposes.
- structure
- The deal included primary shares sold by OneStream and a large selling-stockholder component; investors received Class A shares.
Key risks
Editorial analysisEnterprise sales
Large deployments can require long implementation cycles and services support.
Competition
Finance software is crowded and bundled by larger enterprise vendors.
Sponsor control
Multi-class voting can limit public shareholder influence.
Revenue mix
Subscription growth must offset services, sales and implementation costs.
Final deal terms
- Ticker
- OS
- Exchange
- Nasdaq
- IPO valuation
- $5.1B
- IPO price
- $20.00
- Price range
- $17.00 – $19.00
- Pricing date
- Jul 23, 2024
- First trading day
- Jul 24, 2024
- Shares offered
- 24,500,000
- Deal size
- $490M
- Underwriters
- Not confirmed
- Greenshoe shares
- 3,675,000
- Lockup
- Not confirmed
- Quiet period expirations
- Not confirmed
OneStream IPO: where and how to invest
Where can I invest in the OneStream IPO?
OneStream shares have a confirmed trading start on Nasdaq under the ticker OS. You can buy through a broker that supports that market and makes the shares available to your account. Check the venue, fees and current quote; the market price can differ from the original IPO offer price.
Can I buy OneStream shares now?
OneStream's public trading start is confirmed. Whether you can buy the stock in your account depends on your broker's market access and account rules. A stock-market order buys at available market prices; it is not an IPO allocation at the original offering price.
When is the OneStream IPO?
OneStream's confirmed first trading day was Jul 24, 2024. The offering was priced on Jul 23, 2024.
What is the OneStream IPO share price?
OneStream's confirmed IPO offer price is $20.00 per share. This is the offering price, not a live stock-market quote.
What is OneStream's stock ticker and exchange?
The ticker recorded in this profile is OS. The exchange recorded here is Nasdaq.
Can I buy OneStream shares before the IPO?
The OneStream offering tracked here already has a confirmed trading start. Buying on the stock market now is therefore not a pre-IPO investment. Check the current quote and available share class with your broker.
Where can I find the OneStream IPO prospectus?
Check OneStream's official investor-relations announcements and publications from the relevant regulator and exchange. A confidential submission or an announcement about it is not a publicly available prospectus. Before subscribing, read the final prospectus for the risks, price, share class and offering terms.
More questions about the OneStream IPO
What does OneStream sell?
OneStream provides cloud software for financial close, consolidation, planning and reporting.
What was the IPO price?
The final IPO price was $20 per Class A share.
Was the offering all primary?
No. Selling stockholders also sold shares in the IPO.
What is the main watch item?
Subscription growth, retention, implementation time and the effect of the dual-class structure.
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