vs
Side-by-side financial comparison of Fat Brands, Inc (FAT) 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 $140.0M, roughly 1.2× Fat Brands, Inc). OneStream, Inc. runs the higher net margin — 0.6% vs -41.6%, a 42.2% gap on every dollar of revenue. On growth, OneStream, Inc. posted the faster year-over-year revenue change (23.6% vs -2.3%). OneStream, Inc. produced more free cash flow last quarter ($25.6M vs $-16.9M). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs -6.1%).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
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.
FAT vs OS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $163.7M |
| Net Profit | $-58.2M | $999.0K |
| Gross Margin | — | 69.8% |
| Operating Margin | -12.4% | -3.2% |
| Net Margin | -41.6% | 0.6% |
| Revenue YoY | -2.3% | 23.6% |
| Net Profit YoY | -30.1% | — |
| EPS (diluted) | $-3.39 | — |
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.
| Q4 25 | — | $163.7M | ||
| Q3 25 | $140.0M | $154.3M | ||
| Q2 25 | $146.8M | $147.6M | ||
| Q1 25 | $142.0M | $136.3M | ||
| Q4 24 | $145.3M | $132.5M | ||
| Q3 24 | $143.4M | $129.1M | ||
| Q2 24 | $152.0M | $117.5M | ||
| Q1 24 | $152.0M | $110.3M |
| Q4 25 | — | $999.0K | ||
| Q3 25 | $-58.2M | $-8.8M | ||
| Q2 25 | $-54.2M | $-18.4M | ||
| Q1 25 | $-46.0M | $-24.0M | ||
| Q4 24 | $-67.4M | — | ||
| Q3 24 | $-44.8M | $-171.9M | ||
| Q2 24 | $-39.4M | $-7.8M | ||
| Q1 24 | $-38.3M | $-5.0M |
| 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% |
| Q4 25 | — | -3.2% | ||
| Q3 25 | -12.4% | -11.3% | ||
| Q2 25 | -10.6% | -21.8% | ||
| Q1 25 | -6.0% | -29.3% | ||
| Q4 24 | -27.1% | -35.8% | ||
| Q3 24 | -6.2% | -197.6% | ||
| Q2 24 | -1.8% | -9.8% | ||
| Q1 24 | -0.9% | -4.9% |
| Q4 25 | — | 0.6% | ||
| Q3 25 | -41.6% | -5.7% | ||
| Q2 25 | -36.9% | -12.5% | ||
| Q1 25 | -32.4% | -17.6% | ||
| Q4 24 | -46.4% | — | ||
| Q3 24 | -31.2% | -133.1% | ||
| Q2 24 | -25.9% | -6.7% | ||
| Q1 24 | -25.2% | -4.5% |
| Q4 25 | — | — | ||
| Q3 25 | $-3.39 | — | ||
| Q2 25 | $-3.17 | — | ||
| Q1 25 | $-2.73 | — | ||
| Q4 24 | $-4.06 | — | ||
| Q3 24 | $-2.74 | $-1.06 | ||
| Q2 24 | $-2.43 | — | ||
| Q1 24 | $-2.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $693.6M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $504.7M |
| Total Assets | $1.2B | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $693.6M | ||
| Q3 25 | — | $653.9M | ||
| Q2 25 | — | $652.1M | ||
| Q1 25 | — | $593.9M | ||
| Q4 24 | — | $544.2M | ||
| Q3 24 | — | $495.5M | ||
| Q2 24 | — | $140.5M | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $504.7M | ||
| Q3 25 | $-585.8M | $472.1M | ||
| Q2 25 | $-536.5M | $458.2M | ||
| Q1 25 | $-493.9M | $412.9M | ||
| Q4 24 | $-455.7M | $386.2M | ||
| Q3 24 | $-386.1M | $458.2M | ||
| Q2 24 | $-338.6M | $97.5M | ||
| Q1 24 | $-296.8M | $102.5M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | $1.2B | $949.4M | ||
| Q2 25 | $1.2B | $910.5M | ||
| Q1 25 | $1.3B | $867.3M | ||
| Q4 24 | $1.3B | $823.2M | ||
| Q3 24 | $1.3B | $750.1M | ||
| Q2 24 | $1.4B | $379.7M | ||
| Q1 24 | $1.4B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.5M | $25.8M |
| Free Cash FlowOCF − Capex | $-16.9M | $25.6M |
| FCF MarginFCF / Revenue | -12.1% | 15.7% |
| Capex IntensityCapex / Revenue | 1.7% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 25.79× |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | $95.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $25.8M | ||
| Q3 25 | $-14.5M | $5.0M | ||
| Q2 25 | $-26.9M | $29.7M | ||
| Q1 25 | $-13.2M | $36.2M | ||
| Q4 24 | $-10.4M | — | ||
| Q3 24 | $-3.2M | $2.4M | ||
| Q2 24 | $-14.2M | $8.1M | ||
| Q1 24 | $-28.4M | $25.5M |
| Q4 25 | — | $25.6M | ||
| Q3 25 | $-16.9M | $4.8M | ||
| Q2 25 | $-29.3M | $29.4M | ||
| Q1 25 | $-17.8M | $35.8M | ||
| Q4 24 | $-11.0M | — | ||
| Q3 24 | $-11.1M | $1.3M | ||
| Q2 24 | $-24.4M | $7.7M | ||
| Q1 24 | $-32.5M | $24.9M |
| Q4 25 | — | 15.7% | ||
| Q3 25 | -12.1% | 3.1% | ||
| Q2 25 | -20.0% | 19.9% | ||
| Q1 25 | -12.5% | 26.3% | ||
| Q4 24 | -7.6% | — | ||
| Q3 24 | -7.7% | 1.0% | ||
| Q2 24 | -16.1% | 6.6% | ||
| Q1 24 | -21.4% | 22.5% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | 1.7% | 0.1% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 3.2% | 0.3% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 5.5% | 0.8% | ||
| Q2 24 | 6.7% | 0.3% | ||
| Q1 24 | 2.7% | 0.6% |
| Q4 25 | — | 25.79× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
