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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and OneStream, Inc. (OS). Click either name above to swap in a different company.

OneStream, Inc. is the larger business by last-quarter revenue ($163.7M vs $95.2M, roughly 1.7× Black Stone Minerals, L.P.). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs 0.6%, a 75.3% gap on every dollar of revenue. On growth, OneStream, Inc. posted the faster year-over-year revenue change (23.6% vs -8.7%). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs -9.7%).

Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.

Blue Stream provides cable television, cable telephone, DVR, and up to 1 GIG Internet speed broadband services to customers in the Florida communities of Coral Springs and Weston.

BSM vs OS — Head-to-Head

Bigger by revenue
OS
OS
1.7× larger
OS
$163.7M
$95.2M
BSM
Growing faster (revenue YoY)
OS
OS
+32.3% gap
OS
23.6%
-8.7%
BSM
Higher net margin
BSM
BSM
75.3% more per $
BSM
75.9%
0.6%
OS
Faster 2-yr revenue CAGR
OS
OS
Annualised
OS
21.8%
-9.7%
BSM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BSM
BSM
OS
OS
Revenue
$95.2M
$163.7M
Net Profit
$72.2M
$999.0K
Gross Margin
69.8%
Operating Margin
78.6%
-3.2%
Net Margin
75.9%
0.6%
Revenue YoY
-8.7%
23.6%
Net Profit YoY
55.8%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BSM
BSM
OS
OS
Q4 25
$95.2M
$163.7M
Q3 25
$105.2M
$154.3M
Q2 25
$106.7M
$147.6M
Q1 25
$115.3M
$136.3M
Q4 24
$104.3M
$132.5M
Q3 24
$103.2M
$129.1M
Q2 24
$115.2M
$117.5M
Q1 24
$116.8M
$110.3M
Net Profit
BSM
BSM
OS
OS
Q4 25
$72.2M
$999.0K
Q3 25
$91.7M
$-8.8M
Q2 25
$120.0M
$-18.4M
Q1 25
$15.9M
$-24.0M
Q4 24
$46.3M
Q3 24
$92.7M
$-171.9M
Q2 24
$68.3M
$-7.8M
Q1 24
$63.9M
$-5.0M
Gross Margin
BSM
BSM
OS
OS
Q4 25
69.8%
Q3 25
68.1%
Q2 25
68.6%
Q1 25
68.0%
Q4 24
66.8%
Q3 24
50.1%
Q2 24
68.5%
Q1 24
69.1%
Operating Margin
BSM
BSM
OS
OS
Q4 25
78.6%
-3.2%
Q3 25
89.5%
-11.3%
Q2 25
-21.8%
Q1 25
14.9%
-29.3%
Q4 24
45.6%
-35.8%
Q3 24
90.2%
-197.6%
Q2 24
59.5%
-9.8%
Q1 24
54.8%
-4.9%
Net Margin
BSM
BSM
OS
OS
Q4 25
75.9%
0.6%
Q3 25
87.2%
-5.7%
Q2 25
112.5%
-12.5%
Q1 25
13.8%
-17.6%
Q4 24
44.4%
Q3 24
89.9%
-133.1%
Q2 24
59.3%
-6.7%
Q1 24
54.7%
-4.5%
EPS (diluted)
BSM
BSM
OS
OS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-1.06
Q2 24
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BSM
BSM
OS
OS
Cash + ST InvestmentsLiquidity on hand
$1.5M
$693.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$504.7M
Total Assets
$1.3B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSM
BSM
OS
OS
Q4 25
$1.5M
$693.6M
Q3 25
$2.9M
$653.9M
Q2 25
$2.5M
$652.1M
Q1 25
$2.4M
$593.9M
Q4 24
$2.5M
$544.2M
Q3 24
$21.0M
$495.5M
Q2 24
$26.7M
$140.5M
Q1 24
$40.5M
Stockholders' Equity
BSM
BSM
OS
OS
Q4 25
$504.7M
Q3 25
$472.1M
Q2 25
$458.2M
Q1 25
$412.9M
Q4 24
$386.2M
Q3 24
$458.2M
Q2 24
$97.5M
Q1 24
$102.5M
Total Assets
BSM
BSM
OS
OS
Q4 25
$1.3B
$1.0B
Q3 25
$1.3B
$949.4M
Q2 25
$1.3B
$910.5M
Q1 25
$1.2B
$867.3M
Q4 24
$1.2B
$823.2M
Q3 24
$1.2B
$750.1M
Q2 24
$1.2B
$379.7M
Q1 24
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BSM
BSM
OS
OS
Operating Cash FlowLast quarter
$65.1M
$25.8M
Free Cash FlowOCF − Capex
$25.6M
FCF MarginFCF / Revenue
15.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.90×
25.79×
TTM Free Cash FlowTrailing 4 quarters
$95.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSM
BSM
OS
OS
Q4 25
$65.1M
$25.8M
Q3 25
$99.8M
$5.0M
Q2 25
$80.5M
$29.7M
Q1 25
$64.8M
$36.2M
Q4 24
$91.0M
Q3 24
$93.2M
$2.4M
Q2 24
$100.4M
$8.1M
Q1 24
$104.5M
$25.5M
Free Cash Flow
BSM
BSM
OS
OS
Q4 25
$25.6M
Q3 25
$4.8M
Q2 25
$29.4M
Q1 25
$35.8M
Q4 24
Q3 24
$1.3M
Q2 24
$7.7M
Q1 24
$24.9M
FCF Margin
BSM
BSM
OS
OS
Q4 25
15.7%
Q3 25
3.1%
Q2 25
19.9%
Q1 25
26.3%
Q4 24
Q3 24
1.0%
Q2 24
6.6%
Q1 24
22.5%
Capex Intensity
BSM
BSM
OS
OS
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
Q3 24
0.8%
Q2 24
0.3%
Q1 24
0.6%
Cash Conversion
BSM
BSM
OS
OS
Q4 25
0.90×
25.79×
Q3 25
1.09×
Q2 25
0.67×
Q1 25
4.07×
Q4 24
1.96×
Q3 24
1.01×
Q2 24
1.47×
Q1 24
1.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BSM
BSM

Oil Reserves$46.4M49%
Natural Gas Reserves$44.1M46%
Real Estate$4.7M5%

OS
OS

Subscription And Circulation$150.3M92%
Professional Services And Other$9.4M6%
License$4.0M2%

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