Every 8-K that OneStream, Inc. (OS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OS filings page.
OneStream, Inc. has completed its acquisition by Hg and is going private in an all-cash deal valuing the company at approximately $6.4 billion. OneStream shareholders are entitled to receive $24.00 per share in cash under the merger agreement.
On the closing date, OneStream became a subsidiary of Onward AcquireCo, Inc., affiliates of Hg, funded by equity from Hg, Tidemark, General Atlantic and other existing stockholders, plus new debt financing. A new senior secured term loan facility of $1.4 billion, a $250 million revolving facility and a $600 million delayed draw term loan were put in place, and prior credit facilities were repaid.
As a result of the transaction, OneStream’s Class A common stock has ceased trading on Nasdaq, and the company is pursuing delisting and deregistration, which will end its public reporting obligations. OneStream will remain led by CEO Tom Shea and its existing leadership team as a privately held company focused on its Finance AI and enterprise finance platform strategy.
OneStream, Inc. reported strong fourth quarter and full-year 2025 results, showing fast growth and improving profitability while preparing to go private in a pending sale to Hg. For Q4 2025, total revenue reached $163.7 million, up 24%, with subscription revenue of $150.3 million, up 27% year over year.
GAAP operating loss narrowed sharply to $5.2 million with a (3%) margin, compared with a (36%) margin a year earlier, helped by lower equity-based compensation. Non-GAAP operating income rose to $16.7 million with a 10% margin, and GAAP net income per share turned positive at $0.01, while non-GAAP net income per share increased to $0.12.
For 2025, revenue grew 23% to $601.9 million, subscription revenue rose 28% to $550.0 million, and non-GAAP operating income increased to $27.1 million with a 5% margin. Free cash flow improved to $95.6 million. The company highlighted rapid adoption of its Finance AI offerings and an expanded strategic alliance with Microsoft. Due to the pending Hg acquisition, it will not host an earnings call or provide guidance.
OneStream, Inc. entered into a definitive Agreement and Plan of Merger to be acquired by entities affiliated with Hg through two related mergers involving OneStream Software LLC and the public company. The mergers cannot close before April 6, 2026 and include an outside date of October 6, 2026, automatically extendable to April 6, 2027 if required regulatory approvals are still pending.
Certain stockholders affiliated with KKR holding approximately 58% of the voting power have already delivered written consent adopting the Merger Agreement, providing the required stockholder approval. Investment funds managed by Hg have committed, via an equity commitment letter, to provide Parent with financing capped at approximately $5.6 billion to fund the merger consideration and related costs, with the OneStream parties as third-party beneficiaries.
The agreement includes a $207,000,000 termination fee payable by OneStream to Parent in specified circumstances, such as certain competing transactions or recommendation changes. An amendment to OneStream’s tax receivable agreement provides that it will terminate upon completion of the mergers or a qualifying alternative acquisition, with no payments due under that agreement in connection with these transactions.
OneStream, Inc. (OS) reported that it has furnished a press release announcing results for the quarter ended September 30, 2025. The press release is included as Exhibit 99.1. The disclosure under Item 2.02, including Exhibit 99.1, is being furnished and not filed under the Exchange Act, and is not subject to Section 18 liabilities nor incorporated by reference into Securities Act or Exchange Act filings.
OneStream, Inc. reported a change in its board structure and membership. Effective October 3, 2025, the board of directors was expanded from eight to nine members, and Baskar Sridharan was appointed as a Class I director.
His term will run until the company’s 2028 annual meeting of stockholders. The company states there are no arrangements, related-party transactions, or family relationships connected to his selection.
Dr. Sridharan will receive compensation under OneStream’s existing outside director compensation policy described in its 2025 proxy statement and has entered into the company’s standard indemnification agreement for directors.